Concord Enviro Systems Limited

Concord Enviro Systems Limited

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₹14,721(21 Shares)

Minimum Investment

IPO Dates

Dec 19, 2024 – Dec 23, 2024

Price Band

₹665–701 per equity share

Lot Size

21

Listing

Dec 27, 2024

Listing At

BSE, NSE

Dec 19, 2024Open DateCompleted
Dec 23, 2024Close DateCompleted
TBAAllotment DateUpcoming
Dec 27, 2024Listing DateCompleted

Concord Enviro Systems Limited Live Subscription Details

All IPOs
Retail5.53x
QIB17.32x
NIIs
14.19x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

14.38x

bHNI (> ₹10L)

Bids above ₹10L

14.09x

Overall Subscription

Total Bids Received

10.66x

Concord Enviro Systems Limited IPO Issue Details

Issue Price
₹665-701 Per Equity Share
Face Value
₹5 Per Equity Share
Fresh Share
24,96,433 shares(aggregating up to ₹175 crore)
Listing At
BSE, NSE
Listing Date
Dec 27, 2024
Registrar
Link Intime India Private Ltd

Reservation Details

NII15.24%

Shares Offered

10,90,870

QIB19.27%

Shares Offered

13,79,122

Anchor29.92%

Shares Offered

21,41,195

Company Information

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-...

Valuations

EPS (Pre-IPO)

22.77

EPS (Post-IPO)

0.60

P/E (Pre-IPO)

30.79

RoNW

12.92%

PAT Margin

8.34%

P/B Value

3.96

Financial Information (₹ in Crores)

MetricFY 24FY 23FY 22
Total Assets627.68592.22536.9
Total Revenue512.27350.5337.57
Profit After Tax41.445.4916.48
Net Worth320.82279.23266.81

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Investment in the wholly owned Subsidiary, Concord Enviro FZE (“CEF”) for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for the treatment of water, wastewater and related membrane modules (the U.A.E Project)
  2. 2Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (RSSPL), for financing its capital expenditure requirements for the brownfield project to expand the manufacturing facilities, storage and supporting activities (the Vasai Project)
  3. 3Funding capital expenditure requirements of the Company for the purchase of plant and machinery
  4. 4Investment in our wholly owned Subsidiary, Concord Enviro FZE, for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Concord Enviro FZE
  5. 5Investment in the wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE
  6. 6Investment in the joint venture, Reserve Enviro Private Limited, to grow our pay-per-use/pay-as-you-treat business
  7. 7Investment in technology and other growth initiatives to access new markets
  8. 8General corporate purposes. (collectively, referred to herein as Objects)

Concord Enviro Systems Limited – Promoter(s)

Prayas Goel
Prerak Goel

Contact Details

Corporate Office

101, HDIL Towers, nant Kanekar Marg, Bandra (East), Mumbai-400051

+912267049000

cs@concordenviro.in

Visit Website

Concord Enviro Systems Limited Allotment & Registrar Details

Check Allotment

Link Intime India Private Ltd

+91-22-4918 6270

concordenviro.ipo@linkintime.co.in

Visit Registrar Website

Concord Enviro Systems Limited IPO Documents

Frequently Asked Questions — Concord Enviro Systems Limited IPO

The Concord Enviro Systems Limited IPO price band is set at ₹665.00 to ₹701.00 per equity share.

The lot size for Concord Enviro Systems Limited IPO is 21 shares per lot. The minimum investment amount is approximately ₹14,721.

The Concord Enviro Systems Limited IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.

Concord Enviro Systems Limited IPO is expected to be listed on Dec 27, 2024 on BSE, NSE.

The current GMP for Concord Enviro Systems Limited IPO is ₹107, suggesting an expected listing price of around ₹772.00. Note: GMP is an unofficial market indicator.

The registrar for Concord Enviro Systems Limited IPO is Link Intime India Private Ltd. You can contact them at concordenviro.ipo@linkintime.co.in.

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