3C IT Solutions & Telecoms (India) Limited IPO Detail
Incorporated in 2015, 3C IT Solutions & Telecoms (India) Limited is an IT systems integration company. The company offers various IT products and services bifurcated under 3 segments i.e. Infrastructure solutions, Digital business solutions, and Consulting solutions to meet the client requirements.
The company's product and services portfolio includes:
Infrastructure solutions: End User and Devices, Device Configuration, Data Protection, Computer Accessories, Networking Solutions, IT Security Solutions and Audio Video Solutions.
Digital business solutions: MDM- Mobile Device Management, Project Management Tools, Collaboration Software, Video Conferencing Tools, Sales Enablement Software, Cloud Implementation Services and more.
Consulting solutions: Facility Management System (FMS) Solutions, IT Infrastructure Renting Solutions, remote infrastructure management solutions, Multibrand Hardware Break-Fix Service and more.
3C IT offers the following solutions to their clients:
- Data Storage Management.
- Server infrastructure solutions that maximise IT investment and deliver high performance.
- Customized network design and implementation solutions.
- Security consolidation and optimisation to capitalise on the current investment.
Company Promoters
Mr. Ranjit Kulladhaja Mayengbam and Mrs. Gangarani Devi MayengbamIPO Details
| IPO Opening Date | Jun 04, 2024 |
| IPO Closing Date | Jun 07, 2024 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹52 per equity share |
| Market Lot | 2000 Shares |
| Min Order Quantity | 2000 Shares |
| Listing At | BSE SME |
| Issue Size | ₹11.44 Cr |
| Fresh Issue | ₹8.84 Cr |
| Offer for Sale | ₹2.60 Cr |
| Retail Portion | 50% |
IPO Subscription (Bidding Detail)
| AS On | QIB | SHNI | BHNI | NII | RII | TOTAL |
|---|---|---|---|---|---|---|
| Day 1 | 0.00x | 0.00x | 0.00x | 0.22x | 1.36x | 0.79x |
| Day 2 | 0.00x | 0.00x | 0.00x | 0.59x | 5.28x | 2.94x |
| Day 3 | 0.00x | 0.00x | 0.00x | 1.35x | 11.76x | 6.56x |
| Day 4 | 0.00x | 0.00x | 0.00x | 10.63x | 29.79x | 20.21x |
IPO Tentative Timetable
The 3C IT Solutions & Telecoms (India) Limited IPO open date is Jun 04, 2024, and the close date is Jun 07, 2024. The issue may list on Jun 12, 2024.
| IPO Open Date | Jun 04, 2024 |
| IPO Close Date | Jun 07, 2024 |
| Basis of Allotment Date | Jun 10, 2024 |
| Initiation of Refunds | Jun 11, 2024 |
| Credit of Shares to Demat Account | Jun 11, 2024 |
| IPO Listing Date | Jun 12, 2024 |
IPO Lot Size
The 3C IT Solutions & Telecoms (India) Limited IPO market lot size is 2000 shares. A retail-individual investor can apply for up to 1 lots (2000 shares or ₹104000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 2000 | ₹104000 |
| Maximum | 1 | 2000 | ₹104000 |
IPO Promoter Holding
| Pre Issue Share Holding | 72.00% |
| Post Issue Share Holding | 51.66% |
Company Financials:
For the year/period ended (₹ in Lakhs)
| Financial Year | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 1835.90 | 4063.52 | 85.93 |
| 31-Mar-22 | 3465.47 | 6694.11 | 110.90 |
| 31-Mar-23 | 2886.14 | 6293.48 | 113.62 |
| 31-Dec-23 | 1898.43 | 2355.66 | 50.52 |
Objects of the Issue:
The company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
1. Funding Working Capital Requirements of the Company
2. Repayment/ Prepayment of Certain Borrowings availed by the Company
3. General corporate purposes
3C IT Solutions & Telecoms (India) Limited IPO Registrar:
Skyline Financial Services Private Ltd
3C IT Solutions & Telecoms (India) Limited IPO Lead Manager(s):
Kreo Capital Private Limited
Company Contact Information:
3C IT Solutions & Telecoms (India) Limited
Flat No.104 & 105, Pavitra Enclave,
Somwar Peth, Opp. Ladkat Petrol Pump,
Pune Maharashtra- 411011, India
