The SME IPO of 3C IT Solutions will originate for subscription this day and will shut on June 7. The firm objectives to raise about Rs 11.44 crore through the SME IPO and checklist the shares on BSE SME platform. Listed below are 10 key issues merchants deserve to take hang of about the general public supply previous to subscribing to the divulge.
1) About 3C IT Solutions
The firm is within the industry of IT programs integration, working for the previous 8 years. It presents customized IT alternate choices to sectors such as pharmaceutical, training, banking, manufacturing, and healthcare.
2) Industry overview
As revolutionary digital applications permeate sector after sector, India is now ready for the next section of growth in its IT revolution. India’s rankings improved six areas to the 40th space within the 2022 version of the Global Innovation Index (GII). India is the end most offshoring vacation space for IT corporations all the plan through the realm.
3) 3C IT Solutions IPO measurement
The IPO is fully a peculiar fairness divulge of twenty-two lakh shares and through the divulge, the firm objectives to raise nearly Rs 11.44 crore.
4) 3C IT Solutions IPO save band
The firm is offering its shares at Rs 52 apiece, and merchants can stutter for 2000 shares in 1 lot.
5) 3C IT Solutions IPO monetary performance
For the interval ended December 2023, the firm clocked revenues of Rs 23.18 crore and ranking income of Rs 50 lakh.
6) Objects of the supply
The online proceeds from the general public supply for founding working capital necessities, compensation of debt, and totally different normal corporate functions.
7) Lead managers and Registrar
Kreo Capital is acting as the lead supervisor to the divulge and Skyline Monetary is the registrar.
8) Danger construction
About 50% of the supply is reserved for retail merchants, and the relaxation 50% for a entire lot of merchants.
9) Crucial dates
The IPO opened on June 4 and will shut on June 7. The relaxation share is usually made on June 10. The firm's shares will likely get listed on June 12.
10) 3C IT Solutions and Telecoms GMP
Sooner than the divulge opening, the firm's shares had no GMP within the unlisted market.
