3C IT Solutions & Telecoms (India) IPO
IPO Details
- Open Date
04 Jun 2024
- Close Date
07 Jun 2024
- IPO Price Range
₹ 52
- IPO Size
₹ 11.44 Cr
- Listing Exchange
BSE SME
- Listing Date
12 Jun 2024
IPO Timeline
3C IT Solutions & Telecoms (India) IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 04-Jun-24 | - | 0.22 | 1.36 | 0.79 |
| 05-Jun-24 | - | 0.59 | 5.28 | 2.94 |
| 06-Jun-24 | - | 1.35 | 11.76 | 6.56 |
| 07-Jun-24 | - | 10.63 | 29.79 | 20.21 |
Last Updated: 25 June 2024 4:39 PM by 5Paisa
3C IT is an IT systems integration company. With 8 years of experience, the company offers end-to-end IT integration solutions which include Power Management to Data Centers and everything in between. It is based in Pune, Maharashtra and is an ISO 9001:2015 certified Company.
Its business segments are:
• Infrastructure Solutions
• Digital Business Solutions
• Consulting Solutions
Peer Comparison
• Dev Information Technology Limited
For More Information:
Webstory on 3C IT Solutions IPO
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 61.93 | 66.85 | 40.63 |
| EBITDA | 4.19 | 2.89 | 2.02 |
| PAT | 1.13 | 1.10 | 0.86 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 28.86 | 34.65 | 18.35 |
| Share Capital | 0.36 | 0.01 | 0.01 |
| Total Borrowings | 24.76 | 32.04 | 16.81 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -2.19 | -5.99 | 1.22 |
| Net cash from / (used in) investing activities | 1.02 | 5.19 | 0.013 |
| Net cash flow from / (used in) financing activities | 0.47 | 0.016 | -0.068 |
| Net increase (decrease) in cash and cash equivalents | -0.69 | -0.78 | 1.16 |
Strengths
1. The company offers Tailored IT services.
2. It focuses on quality with an “ISO 9001:2015” certification.
3. Over the years, the company has achieved various certifications, awards and accreditations.
4. A strong focus on customers is a big plus.
5. Experienced management team.
Risks
1. The company operates in a highly competitive industry.
2. Most of its business operations are in and from Maharashtra.
3. It has experienced a sharp reduction in sales.
4. It has reported negative cash flow in the past.
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FAQs
3C IT Limited IPO opens from 4th June to 7th June 2024.
The size of 3C IT IPO is ₹11.44 cr.
To apply for the IPO, follow the steps given below
• Login to your 5paisa account and select the issue in the current IPO section
• Enter the number of lots and the price at which you wish to apply for the 3C IT Limited IPO.
• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The price band of 3C IT IPO is fixed at ₹52 per share.
The minimum lot size of 3C IT IPO is 2000 shares and the investment required is ₹1,04,000.
The share allotment date of 3C IT IPO is 10th June 2024.
The 3C IT IPO will be listed on 12th June 2024.
Kreo Capital Private Limited is the book-running lead manager for 3C IT IPO.
• To repay or prepay borrowings obtained by the company.
• To fund the working capital requirement.
• General corporate purposes.
Contact Information
3C IT Solutions & Telecoms (India)
3C IT Solutions & Telecoms (India) Limited
Flat No.104 & 105, Pavitra Enclave,
Somwar Peth, Opp. Ladkat Petrol Pump,
Pune Maharashtra- 411011, India
Phone: 020 46047009
Email: corporateoffice@3citsolutions.com
Website: http://3citsolutions.com/
3C IT Solutions & Telecoms (India) IPO Register
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
3C IT Solutions & Telecoms (India) IPO Lead Manager
Kreo Capital Private Limited
