C2C Advanced Systems Limited raised Rs 28.23 Crore via Anchor Investors Prior to IPO Launch

Mumbai (Maharashtra) [India], November 22:C2C Advanced Systems Limited specializes in development of complex systems for defence, homeland security and aerospace sectors, successfully secured a capital infusion of ₹ 28.23 crore through anchor book process on November 21, 2024 just ahead of the company’s scheduled IPO launch. According to the exchange filing, 8 esteemed investors participated in the anchor book offering. These notable investors include:

1. Aarth AIF
2. Bengal Finance & Investment Pvt. Ltd.
3. J4S Venture Fund- I
4. Kingsman Wealth Fund PCC KIF – II
5. LC Radiance Fund VCC,
6. NAV Capital VCC – NAV Capital Emerging Star Fund,
7. Negen Undiscovered Value Fund
8. Shine Star Build Cap Pvt. Ltd.

C2C Advanced Systems Limited has allocated a total of12,49,200 Equity Shares to these anchor investors, with each share priced at ₹ 226. This calculated pricing highlights the strong investor confidence in the company’s prospects and its position in the market.

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