C2C Advanced Systems IPO

About the company

Incorporated in 2018, C2C Advanced Systems is a pioneering technology company with a profound commitment to positioning India as a global leader in cutting-edge systems for the defence, security, and aerospace sectors. With a rich legacy of over two decades in intellectual investments, innovation, and technology development, the company has built significant capabilities that are recognized both in India and globally. As the world becomes increasingly reliant on advanced technologies, C2C Advanced Systems understands the need to collaborate with global players to accelerate innovations, ensuring that India remains at the forefront of technological advancements in the defence and security domains. The company’s capabilities are best illustrated by its success in the highly competitive market for military systems, including its flagship Combat Management System (CMS), which was successfully sold and executed for the Royal Malaysian Navy despite fierce competition from established global players. This achievement is a testament to C2C’s expertise and serves as a showcase of India’s ability to deliver intelligent platform solutions. C2C’s strategic vision also includes addressing the need for retrofitting and upgrading legacy military systems in India, enhancing their capabilities to meet modern warfare demands. The company’s ability to re-engineer and revamp outdated platforms is a key strength, providing a significant competitive edge in the defence sector. C2C Advanced Systems has carved out a unique position in the domain of "Intelligent Platforms", where its technological edge, particularly in AI/ML (Artificial Intelligence and Machine Learning), data analytics, and system architecture, sets it apart from its competitors. This advantage has resulted in higher margins and globally competitive offerings. The company’s technologies not only cater to defence and security applications but also have dual-use potential for civilian sectors such as Industry 4.0 and transportation. By leveraging its deep expertise in real-time data acquisition and complex system integration, C2C is able to deliver highly reliable, scalable solutions for both military and industrial applications. As part of its expansion strategy, C2C Advanced Systems is focusing on Digital Transformation, a key area poised to shape the future of both defence and civilian industries. The company’s business model in this domain revolves around four core areas: Virtual Supply Chain, Virtual Logistics, Virtual Maintenance, and the application of AI/ML technologies across all offerings. These areas are designed to optimize and enhance operational efficiencies in defence systems, while also extending to commercial applications such as supply chain management, logistics, and predictive maintenance. C2C’s architecture and design are agnostic to legacy, current, and future platforms, enabling seamless integration across different systems. Furthermore, the company’s in-house expertise ensures the continued development of innovative products that generate long-term annuity income streams through their extended lifecycle, reinforcing the company’s position as a leader in the evolving defence and security landscape.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   22 Nov 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   26 Nov 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   29 Nov 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   02 Dec 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   02 Dec 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   03 Dec 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.