C2C Advanced Systems GMP declines to 40% after SEBI action

C2C Advanced Systems IPO Allotment Expected Soon: Check Status, GMP And Other Key Details Here

C2C Advanced Systems IPO share allotment status is expected to be finalised soon, following the end of the bidding process. The IPO allotment, scheduled for November 27, was delayed after a directive from the Securities and Exchange Board of India.The investors are now waiting for the company to finalise the IPO share allotment status.The C2C Advanced Systems IPO closed with a massive demand on November 26 despite action from market regulator SE…

C2C Advanced Systems Limited IPO closed on November 26, 2024

Mumbai (Maharashtra) [India], November 27: C2C Advanced Systems Limited has successfully concluded its Initial Public Offering (IPO) on 26th November, raising ₹8,257.61 crore with an oversubscription of 125.35 times. The IPO received substantial participation across investor categories: the Qualified Institutional Buyers segment was oversubscribed 31.61 times with ₹594.95 crore procured, Non-Institutional Investors oversubscribed 233.13 times [……

C2C Advanced Systems IPO Allotment On 29 November: What To Expect After 125.4X Subscription - Plato Data Intelligence

C2C Advanced Systems IPO allotment status is not available right now. Allotment status will be made available on November 29, 2024, as per the timeline provided in the IPO’s red herring prospectus (RHP). C2C Advanced Systems IPO has closed with a remarkable subscription of over 125.43 times, indicating strong investor interest. The HNI category saw an impressive subscription rate of 233.48 times. While the stock is expected to be listed on Dece…

C2C Advanced Systems GMP declines to 40% after SEBI action

C2C Advanced Systems' IPO grey market premium dropped to about 40% after SEBI intervened, prompting a listing postponement and a withdrawal option for investors. Sebi's action follows concerns and requires an independent audit of the company's financials. The IPO, initially subscribed nearly 96 times, faces scrutiny similar to Trafiksol ITS Technologies earlier this year.