Concord Enviro Systems
Mainboard₹14,721 / 21 Shares
Concord Enviro Systems IPO Details
The Concord Enviro Systems IPO price band is set between ₹665-701 per equity share, with a face value of ₹5 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Dec, 2024 and closes on 23 Dec, 2024. Investors can check the allotment status on 24 Dec, 2024, while the listing date is tentatively scheduled for 27 Dec, 2024.
The total issue size is Total ₹500.33 Cr :#Fresh Issue : 24,96,433 shares, aggregating up to ₹175.00 Cr. Stay tuned for the latest Concord Enviro Systems IPO review and GMP updates.
Concord Enviro Systems IPO Review, Rating & Analysis
Concord Enviro Systems IPO Review
NO REVIEWConcord Enviro Systems IPO Rating
Concord Enviro Systems IPO Highlights
IPO Date
Dec 19, 2024 - Dec 23, 2024
Listing Date
27 Dec, 2024
Face Value
₹5 Per Equity Share
Price Band
₹665-701 per equity share
Lot Size
21 Shares
Fresh Issue
24,96,433 Shares
Offer for Sale
46,40,888 shares of ₹5
Listing At
BSE, NSE
Concord Enviro Systems IPO Lot Size
The minimum market lot for Concord Enviro Systems IPO is 21 shares with an application amount of ₹14,721. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 21 | ₹14,721 |
| Retail (Max) | 13 | 273 | ₹1,91,373 |
| S-HNI (Min) | 14 | 294 | ₹2,06,094 |
| S-HNI (Max) | 67 | 1407 | ₹9,86,307 |
| B-HNI (Min) | 68 | 1428 | ₹10,01,028 |
Concord Enviro Systems IPO Timeline
Issue Price
₹665-701 per equity shareFace Value
₹5 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
Motilal Oswal Investment Advisors LimitedEquirus Capital Private LimitedIssue Size
Total ₹500.33 Cr :#Fresh Issue : 24,96,433 shares(aggregating up to ₹175.00 Cr) +
#OFS : 46,40,888 shares of ₹5(aggregating up to ₹325.33 Cr)
Concord Enviro Systems IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 24 | 627.68 | 512.27 | 41.44 | 320.82 | 303.09 | 153.19 |
| 31 Mar 23 | 592.22 | 350.5 | 5.49 | 279.23 | 258.64 | 131.06 |
| 31 Mar 22 | 536.9 | 337.57 | 16.48 | 266.81 | 261.12 | 125.76 |
All values are in ₹ Cr.
Concord Enviro Systems IPO Valuations
EPS Pre IPO
22.77EPS Post IPO
0.60PE Pre IPO
30.79PE Post IPO
-ROE
13.73%ROCE
14.07%Debt Equity
0.47RoNW
12.92%PAT Margin
8.34Price to Book Value
3.96Promoters & Share Holding
Promoter(s) Name
- Prayas Goel
- Prerak Goel
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 60.93% | 51.40% |
About Company
Established in the year 1999, Concord Enviro Systems Limited is a global leader in Zero Liquid Discharge (ZLD) technology and water and wastewater treatment solutions. The company offers complete end-to-end services ranging from design to manufacturing to O&M and IoT-driven digitalization to help industries meet sustainability and water conservation goals.
With a diversified customer base of 377 clients in pharmaceuticals, chemicals, food & beverage, and more, Concord Enviro operates in North America, Africa, the Middle East, and Asia, serving clients like Grasim Industries, LANXESS India, and Diageo Mexico Operaciones.
Its sophisticated Indian and UAE manufacturing facilities are driven by a talented R&D team that will ensure innovative, energy-efficient solutions. As one of the market leaders in ZLD technology, Concord Enviro is well-equipped to seize global opportunities with growing demand for sustainable water management.
Concord Enviro Systems IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 13,79,122 | 10,90,870 7,27,247 3,63,623 | 25,45,364 | 50,15,356 |
Day 1 -19-12-24 05:00 PM | 0.00 x | 0.35 0.16 x 0.73 x | 1.02 x | 0.59 x |
Day 2 -20-12-24 05:00 PM | 0.01 x | 1.01 0.52 x 1.99 x | 2.01 x | 1.24 x |
Day 3 -23-12-24 05:00 PM | 17.32 x | 14.19 14.09 x 14.38 x | 5.53 x | 10.66 x |
Retail:4.85x
BHNI:2.88x
SHNI:14.22x times
Company Contact Details
Concord Enviro Systems
101, HDIL Towers, nant Kanekar Marg, Bandra (East), Mumbai-400051Registrar Contact Details
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: concordenviro.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions about Concord Enviro Systems IPO
When will Concord Enviro Systems IPO open for subscription?
The Concord Enviro Systems IPO opens on 19 Dec, 2024 and closes on 23 Dec, 2024.
What is the investors portion for Concord Enviro Systems IPO?
The investors' portion for QIB is 17.32 x, NII is 14.09 x, and Retail is 5.53 x.
How to apply for Concord Enviro Systems IPO?
You can apply for Concord Enviro Systems IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Concord Enviro Systems IPO?
The issue size of Concord Enviro Systems IPO is approx ₹Total ₹500.33 Cr :#Fresh Issue : 24,96,433 shares(aggregating up to ₹175.00 Cr) +#OFS : 46,40,888 shares of ₹5(aggregating up to ₹325.33 Cr) crores.
What is the price band of Concord Enviro Systems IPO?
The price band for Concord Enviro Systems IPO is ₹665 to ₹701 per equity share.
What is the lot size of Concord Enviro Systems IPO?
The minimum bid (lot size) for Concord Enviro Systems IPO is N/A shares with an investment of approx ₹14,721 .
What is the allotment date of Concord Enviro Systems IPO?
The allotment date for Concord Enviro Systems IPO is 24 Dec, 2024.
What is the listing date of Concord Enviro Systems IPO?
The listing date for Concord Enviro Systems IPO is expected to be 27 Dec, 2024.
What is the GMP of Concord Enviro Systems IPO?
The latest Grey Market Premium (GMP) for Concord Enviro Systems IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.