C2C Advanced Systems Limited IPO Review
Neutral226-226 · SME
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Analyst Verdict
C2C Advanced Systems Limited IPO
Neutral
IPO at a Glance
Price Band
226-226
Issue Size
99cr
Min. Investment
₹1,35,600
Opens
2024-11-20
Closes
2024-11-24
Listing
2024-12-01
Category
SME
Key Strengths
✓Wide range of products and solutions for defense applications
✓Expertise in C4I systems and AI/ML-based analytics
✓Strong focus on R&D and innovation in the defense sector
✓Alignment with “Atmanirbhar Bharat” and “Make in India” policies
✓Ability to manufacture items from the import embargo list
✓Diverse global customer base and strong client relationships
✓Focus on high-quality, competitively priced products and services
Key Risks
⚠High reliance on Government contracts for domestic revenue
⚠Dependence on limited customers for a significant revenue portion
⚠Loss or reduction of major customers could affect operations
⚠High trade receivables and payables days strain liquidity position
⚠History of net losses impacts financial stability and operations
⚠Inability to innovate may reduce competitiveness and business growth
Frequently Asked Questions
Should I apply for C2C Advanced Systems Limited IPO?
Based on our analysis, our rating for C2C Advanced Systems Limited IPO is: Neutral. Review the full analysis including strengths, risks, and financials on CheckIPO before making a decision.
What are the key risks of C2C Advanced Systems Limited IPO?
High reliance on Government contracts for domestic revenue Dependence on limited customers for a significant revenue portion Loss or reduction of major customers could affect operations
What are the strengths of C2C Advanced Systems Limited IPO?
Wide range of products and solutions for defense applications Expertise in C4I systems and AI/ML-based analytics Strong focus on R&D and innovation in the defense sector
What is the price band of C2C Advanced Systems Limited IPO?
The price band for C2C Advanced Systems Limited IPO is 226-226. The IPO has closed.
Full Analysis Available
Financials, DRHP breakdown, peer comparison, shareholding pattern & more