3C IT Solutions & Telecoms (India) Ltd
Registered Office:
Flat # 104 & 105 Pavitra Enclv,Somwar Peth Ladkat Petrol Pump,
Pune
-
411011,
Maharashtra, India.
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.
Opens On
Closes On
Application
Allotment
04-Jun-24
07-Jun-24
52.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
2000
Further Multiples of :
2000
(Rs.Cr)
Lead Managers to the Issue
Project Financed through Current Offer
11.44
Post Issue Equity Share Capital
3.01
Funding working capital requirements of the company
Repayment/prepayment of certain borrowings availed by the company
General corporate purposes
Ranjit Kulladhaja Mayengbam
Gangarani Devi Mayengbam