Concord Enviro Systems Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 18-12-2024 | 22-12-2024 | ₹5 per share | 701 | 21 Shares | BSE, NSE | 71,37,321 shares (aggregating up to ₹500.33 Cr) | 2024-12-23 18:30:00 | 2024-12-25 18:30:00 | 2024-12-25 18:30:00 | 26-12-2024 |
About The Company
Concord Enviro IPO is a book built issue of Rs 500.33 crores. The issue is a combination of fresh issue of 0.25 crore shares aggregating to Rs 175.00 crores and offer for sale of 0.46 crore shares aggregating to Rs 325.33 crores.
Concord Enviro IPO opens for subscription on December 19, 2024 and closes on December 23, 2024. The allotment for the Concord Enviro IPO is expected to be finalized on Tuesday, December 24, 2024. Concord Enviro IPO will list on BSE, NSE with tentative listing date fixed as Friday, December 27, 2024.
Concord Enviro IPO price band is set at ₹665 to ₹701 per share. The minimum lot size for an application is 21. The minimum amount of investment required by retail investors is ₹14,721. The minimum lot size investment for sNII is 14 lots (294 shares), amounting to ₹2,06,094, and for bNII, it is 68 lots (1,428 shares), amounting to ₹10,01,028.
Motilal Oswal Investment Advisors Limited, Equirus Capital Private Limited are the book running lead managers of the Concord Enviro IPO, while Link Intime India Private Ltd is the registrar for the issue.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-03-2022 | 537 | 338 | 16 | 266.81 | 261.12 | 125.76 |
| 30-03-2023 | 592 | 351 | 5 | 279.23 | 258.64 | 131.06 |
| 30-03-2024 | 628 | 512 | 41 | 320.82 | 303.09 | 153.19 |
| 30-08-2024 | 640 | 208 | 1 | 319.71 | 300.59 | 167.53 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 17.32 |
| Non-Institutional Buyers | 14.2 |
| Retail Investors | 5.56 |
| Total | 10.67 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 21 | 14721 |
| Retail (Max) | 13 | 273 | 191373 |
| S-HNI (Min) | 14 | 294 | 206094 |
| S-HNI (Max) | 67 | 1407 | 986307 |
| B-HNI (Min) | 68 | 1428 | 1001028 |
IPO Listing Details
| Listing Date | 26-12-2024 |
| BSE Script Code | 544315 |
| NSE Symbol | CEWATER |
| ISIN | INE037Z01029 |
| Final Issue Price | 701 |
Promoter holdings
Contact Information of the Company
Concord Enviro Systems Limited
101, HDIL Towers,
nant Kanekar Marg,
Bandra (East), Mumbai-400051
Phone: +912267049000
Email: cs@concordenviro.in
Website: https://www.concordenviro.in/
IPO Registrar
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
IPO Lead Manager
Motilal Oswal Investment Advisors Limited (Past IPO Performance) Equirus Capital Private Limited (Past IPO Performance)