3C IT Solutions IPO Subscription Status and 3C IT Solutions IPO GMP Today
The IPO of 3C IT Solutions was highly successful, with a total subscription of 19.80 times, demonstrating significant investor interest across various categories.
by Kavitha
Updated Jun 08, 2024
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3C IT Solutions
3C IT Solutions, also known as 3C IT Solutions & Telecoms (India) Limited, is a public company based in Pune, Maharashtra. Founded in 2015, it specializes in IT system integration and offers a variety of IT services.
The company wants to add value for its stakeholders by offering superior IT solutions that leverage cutting-edge technologies. Infrastructure solutions, digital business solutions, and consultancy solutions are among its offerings. With an emphasis on innovation and a customer-centric approach, 3C IT Solutions, an ISO 9001:2015-certified company, guarantees a distinctive and fulfilling experience for clients throughout India.
3C IT Solutions IPO Subscription Status
The IPO of 3C IT Solutions was highly anticipated and subscribed to a total of 19.80 times. Diverse investor categories displayed a range of interests. The most enthusiastic investors were retail ones, purchasing 28.99 times as many shares as were made available to them. 10.58 times as many non-institutional investors (NII) subscribed as large investors, but not nearly as many. Market makers, who contribute to share price stability, subscribed to exactly one unit, as it was the offer made to them.
A total of 20,88,000 shares were made available during the IPO. 3,02,68,000 shares were bid for by retail investors, far more than they were able to purchase. Non-institutional investors placed a significant bid of 1,10,50,000 shares. Pricing for their allotted 1,12,000 shares was anticipated by market makers.
Based on the maximum price of the share range, there were 18,005 applications overall, and the total amount of money involved in these bids was Rs 214.94 crore. This indicates that a large number of individuals were considering investing in 3C IT Solutions.
3C IT Solutions IPO GMP Today
The Grey Market Premium (GMP) for the 3C IT Solutions IPO is now ₹0 since it is not available. Additionally unavailable are the subject-to-cauda prices and the Kostak rates. With a price range of ₹52 per share and a lot size of 2000 shares, the June 4th IPO intends to raise ₹11.44 crores. With eight years of expertise, 3C IT Solutions is a reputable IT systems integration business based in Pune, Maharashtra. The GMP is now nil, even though it was ₹85 on June 4 and 5.
Profit & Loss of 3C IT Solutions
The tabular column summarizing the profit and loss of 3C IT solutions and for more info check the official PDF of 3C IT solutions [Click Here]
|
Sr. No. |
Particulars |
Note No. |
For the period ended 31st December, 2023 |
For the period ended 31st March, 2023 |
For the period ended 31st March, 2022 |
For the period ended 31st March, 2021 |
|
A |
CONTINUING OPERATIONS |
|||||
|
1 |
Revenue from operations (net) |
II.1 |
2,318.40 |
6,193.36 |
6,685.46 |
4,063.18 |
|
2 |
Other Income |
II.2 |
37.27 |
100.12 |
8.65 |
0.34 |
|
3 |
Total Income (1+2) |
2,355.66 |
6,293.48 |
6,694.11 |
4,063.52 |
|
|
4 |
Expenses |
|||||
|
(a) |
Cost of materials consumed |
- |
- |
- |
- |
|
|
(b) |
Purchases of stock-in-trade |
II.3 |
1,017.81 |
5,602.35 |
6,945.48 |
4,235.15 |
|
(c) |
Changes in inventories of finished goods, work-in-progress and stock-in-trade |
II.4 |
882.98 |
41.48 |
-804.53 |
-549.19 |
|
(d) |
Employee benefits expense |
II.5 |
130.10 |
173.17 |
160.88 |
106.63 |
|
(e) |
Finance costs |
II.6 |
118.54 |
231.91 |
117.30 |
68.99 |
|
(f) |
Depreciation and amortisation expenses |
II.7 |
60.29 |
29.06 |
18.34 |
19.77 |
|
(g) |
Other expenses |
II.8 |
71.15 |
56.96 |
103.13 |
68.44 |
|
5 |
Total Expenses |
2,280.86 |
6,134.92 |
6,540.61 |
3,949.79 |
|
|
6 |
Profit / (Loss) before exceptional and extraordinary items and tax (3 - 4) |
74.80 |
158.56 |
153.50 |
113.72 |
|
|
7 |
Exceptional items |
- |
- |
- |
- |
|
|
8 |
Profit / (Loss) before extraordinary items and tax (5 + 6) |
74.80 |
158.56 |
153.50 |
113.72 |
|
|
9 |
Extraordinary items |
- |
- |
- |
- |
|
|
10 |
Profit / (Loss) before tax (7 + 8) |
74.80 |
158.56 |
153.50 |
113.72 |
|
|
11 |
Tax expense: |
|||||
|
(a) |
Current tax expense for current year |
19.45 |
44.11 |
42.70 |
31.64 |
|
|
(b) |
Income tax expense relating to prior years |
- |
- |
- |
- |
|
|
(c) |
Deferred tax |
4.83 |
0.83 |
-0.10 |
-3.84 |
|
|
12 |
Profit / (Loss) from continuing operations (9 +10) |
50.52 |
113.62 |
110.90 |
85.93 |
|
|
B |
DISCONTINUING OPERATIONS |
|||||
|
13 |
Profit / (Loss) from discontinuing operations |
- |
- |
- |
- |
|
|
14 |
Profit / (Loss) for the year (11 + 12) |
50.52 |
113.62 |
110.90 |
85.93 |
|
|
15 |
Earnings per share: |
|||||
|
(a) |
Basic |
|||||
|
(i) |
Continuing operations |
1.17 |
8.87 |
92.42 |
71.61 |
|
|
(ii) |
Total operations |
1.17 |
8.87 |
92.42 |
71.61 |
|
|
(b) |
Diluted |
|||||
|
(i) |
Continuing operations |
1.17 |
8.87 |
92.42 |
71.61 |
|
|
(ii) |
Total operations |
1.17 |
8.87 |
92.42 |
71.61 |
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3C IT Solutions IPO Subscription Status - FAQs
1. What is the current Grey Market Premium (GMP) for 3C IT Solutions IPO?
The current GMP for 3C IT Solutions IPO is ₹0.
2. How many times was the 3C IT Solutions IPO subscribed in total?
The IPO was subscribed 19.80 times in total.
3. What is the expected amount to be raised by the 3C IT Solutions IPO?
The IPO aims to raise ₹11.44 crores.
4. What was the highest Grey Market Premium (GMP) recorded for the 3C IT Solutions IPO?
The highest GMP recorded was ₹85 on June 4 and 5.
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