3C IT IPO is a fixed-price issue valued at ₹11.44 crores. The offering comprises a fresh issue of 17 lakh shares (aggregating to ₹8.84 crores) and an offer for sale of 5 lakh shares (aggregating to ₹2.60 crores). The subscription window for the 3C IT IPO opens on June 4, 2024, and it will close on June 7, 2024. The allotment process is expected to be finalized on Monday, June 10, 2024. The company plans to list its shares on the BSE SME, with a tentative listing date set for Wednesday, June 12, 2024.
The price per share for the 3C IT IPO is ₹52. Retail investors can apply for a minimum lot size of 2000 shares, requiring an investment of ₹104,000. High Net Worth Individuals (HNIs) can invest in a minimum of 2 lots (4,000 shares), totaling ₹208,000.
Notably, 3C IT Solutions & Telecoms (India) Limited is an IT systems integration company incorporated in 2015. The company offers various IT products and services, categorized under three segments: Infrastructure solutions, Digital business solutions, and Consulting solutions.
Check the GMP of 3C IT IPO below:
Magenta Lifecare IPO Details:
| Company Name | 3C IT |
| Sector | IT Solutions |
| IPO Type | SME |
| IPO Open date | 4th June 2024 |
| IPO Close date | 7th June 2024 |
| OFS | |
| Listing Exchanges | BSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
3C IT IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 2000 | 1,04,000 |
| HNI (Min) | 2 | 4000 | 2,08,000 |
3C IT IPO Timeline:
| IPO Open Date | 04th June 2024 |
| IPO Close Date | 07th June 2024 |
| Basis of Allotment | 10th June 2024 |
| Refund Initiation Date | 11th June 2024 |
| Shares Credit to Demat | 11th June 2024 |
| Listing Date | 12th June 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
