3C IT Solutions & Telecoms (India) Ltd

Opens On Closes On
04-Jun-24 07-Jun-24
Money Payable On
Application Allotment
52.00 0.00

Minimum Application for shares in Nos : 2000 Further Multiples of : 2000

Lead Managers to the Issue
Project Cost (₹.Cr) 8.50 Kreo Capital Pvt Ltd
Project Financed through Current Offer (₹.Cr) 11.44  
Post Issue Equity Share Capital (₹.Cr) 3.01
Issue Price (₹) 52.00

Funding working capital requirements of the company

Repayment/prepayment of certain borrowings availed by the company

General corporate purposes

Promoted By
Ranjit Kulladhaja Mayengbam
Gangarani Devi Mayengbam
Listing At
Registrar to the Issue
No Data Available
Initial public offering of up to 22,00,000 equity shares of face value of Rs. 5/- each ("Equity Shares") of 3C IT Solutions & Telecom (India) Limited ("3C IT" or "The Company" or "The Issuer") for cash at a price of Rs. 52/- per equity share (including a premium of Rs. 47/- per equity share) ("Offer Price") aggregating to Rs. 11.44 crores comprising of fresh offer of up to 17,00,000 equity shares aggregating to Rs. 8.84 crores ("Fresh Offer") and an offer for sale of up to 5,00,000/- equity shares by Gold Circle Venture Partners llp ("Selling Shareholders") aggregating to Rs. 2.60 crores ("Offer for Sale") ("The Offer") of which up to 1,12,000 equity shares aggregating to Rs. 0.58 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of up to 20,88,000 equity shares of face value of Rs. 5/- each at an offer price of Rs. 52/- per equity share aggregating to Rs. 10.86 crores ("Net Offer"). The offer and the net offer will constitute 36.54% and 34.68% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is Rs. 5/- each and the offer price is 10.4 times of the face value.