3C IT Solutions & Telecoms (India) Ltd IPO
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3C IT Solutions & Telecoms (India) Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| 22 L | 5 L | 10.44 L | 31.1 L | BSE | TBA |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 04 Jun, 24 | 07 Jun, 24 | 2000 | TBA | Fixed Price - SME | 12 Jun, 24 |
3C IT Solutions & Telecoms (India) Ltd IPO Details
3C IT Solutions & Telecoms (India) Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Computers - Software - Medium |
| Sub Sector | Small |
| Issue Type | Fixed Price - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 0 | 16000 |
| NII | 10.73x | 1044000 | 11206000 |
| Retail | 29.79x | 1044000 | 31096000 |
| Employee | 0x | 0 | 0 |
| Total | 19.24x | 2200000 | 42318000 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
3C IT Solutions & Telecoms (India) Ltd Financial Status
Income Statement
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 1.88 | 1.72 | 1.33 |
| EBITDA | 2.17 | 1.90 | 1.53 |
| PAT | 1.14 | 1.11 | 0.86 |
| Total Assets | 28.39 | 34.41 | 17.99 |
| Share Capital | 0.36 | 0.01 | 0.01 |
| Total Borrowings | 11.58 | 9.10 | 3.18 |
| Operating Activities (Net Cash) | 1.43 | 1.29 | 1.06 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 11.58 | 9.10 | 3.18 |
| Net Cashflow | 0.29 | 0.99 | 1.77 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About 3C IT Solutions & Telecoms (India) Ltd
3C IT Solutions and Telecom (India) Limited was originally incorporated as a Private Limited under the name 3C IT Solutions and Telecom (India) Private Limited under the provisions of the Companies Act, 2013 and Certificate of Incorporation was issued by the Registrar of Companies, Pune, Maharashtra on March 24, 2015 having CIN No. U72200PN2015PTC154459. Subsequently, the Company has been converted into a public limited company and the name of the Company changed to 3C IT Solutions and Telecom (India) Limited pursuant to a special resolution passed at the Extra-Ordinary General Meeting of the Company held on July 27, 2023 and a fresh Certificate of incorporation dated August 14, 2023 issued by the Registrar of Companies, Pune, Maharashtra. The Corporate Identity Number of the Company is U72200PN2015PLC154459.
The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country's GDP and public welfare. The IT industry accounted for 7.4% of India's GDP in FY22, it is expected to contribute 10% to India's GDP by 2025. As innovative digital applications permeate sector after sector, India is now prepared for the next phase of growth in its IT revolution. India's rankings improved six places to the 40th position in the 2022 edition of the Global Innovation Index (GII). India is topmost offshoring destination for IT companies across the world.
Peer Comparison:
- 3C IT Solutions and Telecoms (India) Ltd
- Dev Information Technology Ltd
3C IT Solutions & Telecoms (India) Ltd IPO Key Points
Strengths
- Established and proven track record.
- High standard of product quality and customer service.
- Reputation.
- Operation Methodology.
- Offering a variety of products to meet the needs of different customers.
Risk
- The Company, Promoters as well as its Directors are party to certain litigation and tax proceedings. Any adverse decision in such proceedings may have a material adverse effect on its business, results of operations and financial condition.
- If the company fail to attract and retain highly skilled and qualified personnel, the company may not have the necessary resources to properly staff projects, and failure to successfully compete for such personnel could materially adversely affect its business, financial condition and results of operations.
- The company faces competition in its business from organized and unorganized players, which may adversely affect its business operation and financial condition.
Strategy
- Expand its Current Business Relationships.
- Enhanced and customized innovative service offerings.
- Maintaining strategic focus on the Indian market.
- Continuous innovation.
- Competitive pricing - cost reduction and time efficiency.
- Established and proven track record.
- High standard of product quality and customer service.
- Reputation.
- Operation Methodology.
- Offering a variety of products to meet the needs of different customers.
How To Apply for 3C IT Solutions & Telecoms (India) Ltd Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.
