About 3C IT Solutions & Telecoms (India) Limited
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.