3C IT Solutions & Telecoms (India) Limited (BSE SME)
Jun 4, 2024 - Jun 7, 2024
| Price | ₹52 - ₹52 |
| Premium | ₹0 |
|---|---|
| Lot size | 2000 |
| Allotment | Jun 10, 2024 |
| Listing | Jun 12, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 2000 | 104000 | 522 |
| HNI | 2 | 4000 | 208000 | 522 |
Last updated on 07 Jun 2024 05:54:59 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 1044000 | 11222000 | 10.75 |
| Retail | 1044000 | 31096000 | 29.79 |
| Total | 2088000 | 42318000 | 20.27 |
| Total Application : 18,722 | |||
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.75 | @8% ₹0.86 | @9% ₹0.96 | @10% ₹1.07 | @11% ₹1.18 | @12% ₹1.29 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 47.5% | 1044000 |
| Other | 47.4% | 1044000 |
| Market Maker | 5.0% | 112000 |
| Total No. of Shares | 100.0% | 2200000 |
3C IT IPO Details
| Issue Size | 2,200,000 shares (aggregating up to ₹11.44 Cr) |
| Fresh Issue | 1,700,000 shares (aggregating up to ₹8.84 Cr) |
| Offer for Sale | 500,000 shares of ₹5 (aggregating up to ₹2.60 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 4,320,000 |
| Share holding post issue | 6,020,000 |
| Market Maker portion | 112,000 shares Shreni Shares |
Key Performance Indicator
| KPI | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| RONW | 10.98% | 27.73% | 42.55% |
| EPS (Diluted) | 1.17 | 8.87 | 92.42 |
| P/BV | 4.88 | ||
| P/E Pre IPO | 5.86 |
Company Financials
3C IT Solutions & Telecoms (India) Limited Financial Information (Restated)
3C IT Solutions & Telecoms (India) Limited's revenue decreased by -5.98% and profit after tax (PAT) rose by 2.45% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 1,898.43 | 2,886.14 | 3,465.47 | 1,835.90 |
| Revenue | 2,355.66 | 6,293.48 | 6,694.11 | 4,063.52 |
| Profit | 50.52 | 113.62 | 110.90 | 85.93 |
| Net Worth | 460.26 | 409.73 | 260.65 | 149.75 |
| Reserves | 244.26 | 373.73 | 259.65 | 148.75 |
| Borrowing | 592.43 | 1,339.76 | 1,040.20 | 398.22 |
| Amount in ₹ Lakhs | ||||
About Company
Incorporated in 2015, 3C IT Solutions & Telecoms (India) Limited is an IT systems integration company providing a wide range of products and services segmented into Infrastructure Solutions, Digital Business Solutions, and Consulting Solutions. Their portfolio includes end-user devices, device configuration, data protection, computer accessories, networking, IT security, and audio-video solutions. Additionally, they offer mobile device management, project management tools, collaboration software, video conferencing tools, sales enablement software, and cloud implementation services under their digital business solutions. Their consulting solutions encompass facility management systems, IT infrastructure renting, remote infrastructure management, and multibrand hardware break-fix services. 3C IT Solutions is dedicated to meeting client requirements through comprehensive offerings such as data storage management, high-performance server infrastructure solutions, customized network design and implementation, and security consolidation and optimization to enhance IT investments.
Strength Factors
Established Track Record: 3C IT Solutions & Telecoms (India) Limited has a proven history of success and reliability in the IT systems integration industry since its incorporation in 2015.
High-Quality Products and Services: The Company is known for its high standards in product quality and exceptional customer service, ensuring client satisfaction and trust.
Strong Reputation: 3C IT Solutions has built a solid reputation in the market recognized for its comprehensive and effective IT solutions tailored to meet diverse client needs.
Risk Factors
Competitive Market: Facing competition from both organized and unorganized players could negatively impact 3C IT Solutions' business operations and financial condition.
Domestic Market Dependency: The Company’s reliance on the domestic market makes it vulnerable to adverse changes in local economic conditions, potentially affecting its revenue and financial health.
Lack of Office Ownership: Not owning the registered office and operating on a leave and license basis poses a risk; any revocation or unfavorable changes in terms could disrupt business operations and affect financial stability.
3C IT IPO Lead Manager(s)
- Kreo Capital Private Limited
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php