C2C Advanced Systems Limited to Launch IPO for Technological Expansion

C2C Advanced Systems Limited is set to launch an IPO, approved by the National Stock Exchange, to finance new projects and enhance technological capacities. The company plans to issue over 4 million equity shares to fund new premises and innovative system developments, bolstering its status in the defense and homeland security sectors.

The National Stock Exchange (NSE) has given its nod to the Draft Red Herring Prospectus of C2C Advanced Systems Limited, paving the way for the company's imminent initial public offering (IPO). The raised funds aim to support the purchase of fixed assets, develop new premises in Bengaluru and an Experience Centre in Dubai, secure working capital, and serve general corporate purposes.

C2C Advanced Systems Limited, renowned for its cutting-edge technology in defense aerospace and homeland security, boasts over 20 years of experience in providing advanced sensor integration solutions and combating technological obsolescence. By partnering with global clients, C2C demonstrates a commitment to delivering bespoke and innovative systems tailored to modern challenges.

Additionally, C2C is known for its sophisticated Command and Control systems, emphasizing industrial platform virtualization in supply chain and logistics. The company has a notable achievement in delivering a Combat Management System to the Royal Malaysian Navy. Beeline Capital Advisors Private Limited and Mark Corporate Advisors Private Limited will guide the IPO process as Book Running Lead Managers, with Link Intime India Private Limited acting as the Registrar to the Issue.

(With inputs from agencies.)