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Concord Control Systems Ltd. IPO
BSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹55
Issue Price
₹55
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹55
GMP based
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot · 2,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
27 Sep 2022
Tue Completed
Done
Close Date
29 Sep 2022
Thu Completed
Done
Allotment
04 Oct 2022
Tue Completed
Done
Refund
06 Oct 2022
Thu Completed
Done
Demat Credit
07 Oct 2022
Fri Completed
Done
Listing Date
10 Oct 2022
Mon Completed
UPI Deadline: 29 Sep 2022
Issue Details
Pricing & Size
Issue Price
₹55 Face ₹10
Lot Size
2,000 shares
Min Investment
₹110,000
Total Issue Size
15,12,000 shares (aggregating up to ₹8.32 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
BSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
78,000 (5.16%)
QIB Portion
7,16,000 (47.35%)
NII / HNI
2,16,000 (14.29%)
Retail
5,02,000 (33.20%)
Employee
-
Net Offer to Public
14,34,000 shares (aggregating up to ₹7.89 Cr)
Shareholding Pattern
Pre-Issue Shareholding
42,00,000 shares
Post-Issue Shareholding
57,12,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 2,000 ₹1,10,000
HNI / NII 2 4,000 ₹2,20,000
Objects of Issue
2 objectives
1
1 To meet working capital requirements
7.00 Cr
2
2 General Corporate Purpose
0.49 Cr
Lead Managers & Market Maker
Book Running Lead Managers
Hem Securities Ltd.
Market Maker
Hem Securities Ltd.
IPO Timeline
Open
27 Sep
✓ Done
Close
29 Sep
✓ Done
Allotment
04 Oct
✓ Done
Listing
10 Oct
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
info@concordgroup.in
Phone
+91-78000 08745
Address
G-36 U.P.S.I.D.C, Industrial Area, Deva Road, , Chinhat Lucknow, Uttar Pradesh, 226019
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹55
Est. Listing
₹55
Lot Size
2,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Concord Control Systems Ltd. LIVE
INR ·
vs Issue
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Mkt Cap
P/E
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| Price
Market Reference
IPO Issue Price
₹55
GMP
+₹0 (+0%)
GMP Est. Listing
₹55
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 7,16,000 (47.35%) ₹393.80 Cr
NII / HNI (Total) 2,16,000 (14.29%) ₹118.80 Cr
Retail Investors 5,02,000 (33.20%) ₹276.10 Cr
Total ** 15,12,000 (100.00%) ₹8,316.00 Cr
Market Maker * 78,000 (5.16%) ₹4.29 Cr
* Based on ₹55.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
7,16,000 (47.35%)
NII
2,16,000 (14.29%)
Retail
5,02,000 (33.20%)
Market Maker
78,000 (5.16%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Lakhs
Metric31-Mar-2031-Mar-2131-Mar-22
Revenue1589.251760.913173.54
PAT104.57143.21258.99
EBITDA
Net Worth350.58495.47754.24
Total Assets838.011251.351467.22
Reserves330.25474.90733.86
Borrowings
Key Financial Ratios
12.14
Pre P/E
P/E Pre-Issue
About Concord Control Systems Ltd.

Incorporated in 2011, Concord Control Systems Limited is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors. The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in the electrification of coaches and broad gauge network of Indian Railways like Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine.

Concord Control Systems Limited is an approved vendor by Research Design and Standards Organisation ("RDSO") to manufacture and supply these products for the Indian Railways.

Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with a total size admeasuring over 1880 sq. Mtrs.

The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more.

As per the Restated Consolidated Financial statements, the company's revenue from operations for the Financial year ended on March 31, 2022, 2021 and 2020 were Rs. 3144.69 lakhs, Rs. 1727.05 lakhs and Rs. 1558.48 lakhs.

Frequently Asked Questions
What is the issue price of Concord Control Systems Ltd. IPO?
The issue price of Concord Control Systems Ltd. IPO is ₹55 per share, face value ₹10.
What is the lot size?
Minimum lot size is 2,000 shares, requiring ₹110,000.
What are the IPO dates?
Opens 27 Sep 2022, closes 29 Sep 2022.
When is the listing date?
Tentative listing: 10 Oct 2022 on BSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹55 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Concord Control Systems Ltd. IPO · Expected 04 Oct 2022

Check on Registrar
Post-IPO Timeline
Allotment Date
04 Oct 2022
Refund Initiation
06 Oct 2022
Demat Credit
07 Oct 2022
Listing Date
10 Oct 2022
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹55
Face ₹10
Lot Size
2,000
shares / lot
Min Amount
₹110,000
1 lot
Est. Listing
₹55
GMP +₹0
Key Dates
Open
27 Sep Done
Close
29 Sep Done
Listing
10 Oct Done
Registrar
Bigshare Services Pvt.Ltd.
A
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