C2C Advanced Systems Limited is a vertically integrated defense electronics solutions provider based in India, specializing in advanced technology for defense applications. The company was founded in 2018 and focuses on offering innovative solutions in C4I systems, AI/ML analytics, and embedded design systems. C2C aligns with government initiatives such as Atmanirbhar Bharat and Make in India, positioning itself strongly within the growing defense sector. Recent Developments IPO Details: C2C Advanced Systems is currently in the process of an Initial Public Offering (IPO) that opened for subscription from November 22 to November 26, 2024. The total issue size is ₹99.07 crore through a fresh issue of shares. The IPO price band has been set between ₹214 and ₹226 per share, with a lot size of 600 shares. The allotment date is scheduled for November 27, 2024, and shares are expected to be listed on the NSE SME platform on November 29, 2024. Business Operations C2C Advanced Systems specializes in providing high-tech solutions for defense applications, including: C4I systems for situational awareness AI/ML-based big data analytics Real-time data integration The company has established partnerships with key players in the defense sector, including the Indian Armed Forces and various government organizations. Investment Considerations Growth Potential: With increasing government focus on indigenous defense capabilities and modernization, C2C Advanced Systems is well-positioned to benefit from this trend. Market Demand: The demand for advanced defense technologies is expected to grow significantly, providing opportunities for revenue expansion. Risks: The company relies heavily on government contracts for its revenue. Changes in defense budgets or policies could impact its financial performance. Financial Health Metrics: The company has shown strong ROE at 31.4%, indicating effective utilization of equity capital. IPO Participation: Investors should consider participating in the IPO if they are looking for exposure to the defense sector and believe in the company's growth prospects.