Received mail National Stock Exchange of India Limited (NSE) for Investors c2c advanced systems ipo:
Dear Investor,
“We refer to the directions received from National Stock Exchange of India Limited (“NSE”), vide letter no. NSE/LIST/3837E dated November 25, 2024. Accordingly, the issuer company is giving an option to withdraw the application from this IPO. Please contact your broker/ASBA banker through whom the bid was placed. This email is to be read along with the Red Herring Prospectus dated November 11, 2024, corrigendum dated November 20, 2024, and November 24, 2024.
Procedure for withdrawal of application/bid:
Step 1: Investor to approach the Designated Intermediary for withdrawal of its application/bid;
Step 2: Designated Intermediary to acknowledge the request received from the investors;
Step 3: Designated Intermediary based on the request received to cancel the bid on the National Stock Exchange of India Limited (“NSE”) Portal;
Step 4: Designated Intermediary to receive the acknowledgement (TRS slip) received from NSE, as required.
For online applications you can contact customer care/helpline numbers of respective service providers.
We request you provide the following details of Sole / First Bidder or Applicant:
Name
Application No
PAN
Mobile No
Email ID
No of Shares applied for
Bank Name
You can also mention the details of your broker/bidder, in case you are not able to place your bid (withdrawal) on their platform.
Your reply with the above details should be addressed to us at our email, c2csmeipo@linkintime.co.in and in the subject line please mention PAN Number of the sole / first bidder/applicant with the wording withdrawal. It should read us XXXXX1234F –Appl. No. XXXXXXXX Withdrawal request”.
In case if any further clarifications or details are required please contact on c2csmeipo@linkintime.co.in, smeipo@markcorporateadvisors.com, investorgrievance@markcorporateadvisors.com and ig@beelinemb.com.
Last day for withdrawal of application/bids: Thursday, November 28, 2024 before 3:00 PM.”
Note: This is a system generated e-mail. Please do not reply to this e-mail.
| Investor Category | Subscription (times) | Shares Offered | Shares Bid for | Total Amount (Rs Cr.)* |
|---|---|---|---|---|
| Qualified Institutions | 6.00 | 832,800 | 49,95,600 | 112.90 |
| Non-Institutional Buyers* | 123.45 | 624,600 | 7,71,07,800 | 1,742.64 |
| Retail Investors | 159.70 | 1,457,400 | 23,27,43,600 | 5,260.01 |
| Employees | [.] | 0 | 0 | 0 |
| Others | [.] | 0 | 0 | 0 |
| Total * | 108.02 | 2,914,800 | 31,48,47,000 | 7,115.54 |
c2c advanced systems ipo
The regulator has asked the company to appoint independent auditors plus get an independent report of financial accounts as per the notice. C2C Advanced Systems was set to get listed on November 29.
IPO Investor Categories:
- Qualified Institutional Buyers (QIB)Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
- Non-Institutional Investors(NII)Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.NII category has two subcategories:
- sNII (bids below Rs 10L)The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).
- bNII (bids above Rs 10L)The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).
- Retail Individual Investors(RII)The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.
- Employee (EMP)A category of eligible employees who have a reserved quota in the IPO.
- OthersA category of eligible shareholders or other investors who have a reserved quota in the IPO.
