Concord Enviro Systems Limited has launched its IPO, which is open for subscription starting from December 19, 2024. The IPO segment is a book-built issue with a total size of ₹500.33 crores, comprising a fresh issue of ₹175 crores and an offer for sale of ₹325.33 crores. The IPO will close on December 23, 2024. The allotment is expected to be finalised on December 24, 2024, and the shares will be listed on BSE and NSE on December 27, 2024.
The price band for the IPO is ₹665 to ₹701 per share, and the minimum lot size for application is 21 shares.
Quick steps to apply for Concord Enviro Systems IPO!
Concord Enviro Systems IPO Timeline (Tentative)
Here’s a quick look at the Concord Enviro IPO details:
| Key Detail | Information |
| IPO Opening Date | December 19, 2024 |
| IPO Closing Date | December 23, 2024 |
| Allotment Date | December 24, 2024 |
| Listing Date | December 27, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹665 to ₹701 per share |
| Lot Size | 21 Shares |
| Registrar | Link Intime India Pvt Ltd. |
| Minimum Order Quantity | 21 Equity Shares |
| Maximum Subscription Amount for Retail Investor | “Rs. 2,00,000” |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Concord Enviro Systems Limited: An Overview
Concord Enviro Systems Limited, founded in July 1999, is a company that helps industries clean and reuse water. They specialise in water and wastewater treatment, offering advanced solutions like zero-liquid discharge (ZLD), which ensures no water waste.
What Does Concord Enviro Do?
- They design, build, and maintain systems that treat and reuse wastewater.
- Their ZLD technology helps industries save water and meet sustainability goals.
- From manufacturing and installation to operations and maintenance, they provide end-to-end solutions.
- They also install plants that turn waste into clean energy.
Global Presence
- They serve industries like pharmaceuticals, chemicals, textiles, and steel.
- Concord Enviro has over 377 customers worldwide and operates in India and abroad, including regions like North America, Africa, and Southeast Asia.
Concord Enviro IPO Key Details
- Concord Enviro IPO Launch Date: December 19, 2024
- Concord Enviro IPO Closing Date: December 23, 2024
- Concord Enviro IPO Price Band: ₹665 to ₹701 per share
- Concord Enviro IPO Lot Size: 21 Shares
- Concord Enviro Systems IPO GMP- ₹0, as of Dec 18th 2024 10:23 AM
- Book Running Lead Managers: Motilal Oswal Investment Advisors & Equirus Capital Pvt Ltd
- Concord Enviro IPO Registrar: Link Intime India Pvt. Ltd.
Performance Overview of Concord Enviro Systems
Have a look at the financial performance of the company in the recent years:
Amount in ₹ Crore
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
| 31 Mar 2022 | 536.90 | 337.57 | 16.48 | 266.81 | 261.12 | 125.76 |
| 31 Mar 2023 | 592.22 | 350.50 | 5.49 | 279.23 | 258.64 | 131.06 |
| 31 Mar 2024 | 627.68 | 512.27 | 41.44 | 320.82 | 303.09 | 153.19 |
| 31 Aug 2024 | 640.09 | 208.02 | 0.52 | 319.71 | 300.59 | 167.53 |
FAQs – Concord Enviro Systems Limited IPO
Concord Enviro is a water and wastewater treatment company offering ZLD and other innovative water solutions.
The IPO opens on December 19, 2024, and closes on December 23, 2024.
The minimum lot size of Concord Enviro IPO is 21 shares.
The Concord Enviro IPO allotment will be finalized on December 24, 2024.
The Concord Enviro IPO will be listed on BSE and NSE on December 27, 2024.
The Concord Enviro IPO price band is ₹665 to ₹701 per share.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.