3C IT Solutions & Telecoms (India) Limited IPO

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04th – 07th Jun 2024
12 Jun 2024
₹52 – ₹52
2000 shares (₹104000)

About


3C IT Solutions & Telecoms (India) is launching its Initial Public Offering (IPO) on June 4, 2024. The subscription period closes on June 7, 2024. The ₹11.44 crores IPO is a combination of a fresh issue of 1,700,000 shares, amounting to ₹8.84 crores, and an offer for sale (OFS) of 2,200,000 shares, amounting to ₹2.60 crores. Incorporated in 2015, 3C IT Solutions & Telecoms (India), headquartered in Pune, Maharashtra, is an IT systems integration company. IT systems integration is a comprehensive service that includes identifying the client’s business needs, designing solutions, and implementing them in a company. The company specializes in end-to-end IT integration solutions covering Power Management to Data Centers and everything in between.

The company provides the following solutions:

  • Data Storage Management – Storage consolidation solutions that focus on optimum security and performance
  • Server infrastructure solutions that maximize IT investment and deliver high-level performance
  • Customized network design and implementation solutions
  • Security consolidation and optimization to capitalize on the current investment

Disclaimer: This stock will trade with a lot size of 2000 shares in the SME segment on the listing.

IPO Schedule

Issue Period 4th June to 7th June 2024
UPI Mandate Deadline Until 5 PM on the issue closing day
Allotment Finalization June 10, 2024
Refund Initiation June 11, 2024
Share Credit June 11, 2024
Listing Date June 12, 2024
Mandate end date June 22, 2024
Lock-In End Date for Anchor Investors (50%) July 10, 2024
Lock-In End Date for Anchor Investors (Remaining) September 10, 2024

Note:

  • Given that the above schedule is tentative, it should be noted that the anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares, and 90 days after for the remaining portion.
  • The allotment status will be available by June 11, 2024, on the Registrar’s website and the NSE website.