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Concord Enviro Systems Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹701
Issue Price
₹701
Face ₹5
GMP
+₹0
+0% premium
Est. Listing
₹701
GMP based
Lot Size
21
shares / lot
Min Amount
₹14,721
1 lot · 21 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
19 Dec 2024
Thu Completed
Done
Close Date
23 Dec 2024
Mon Completed
Done
Allotment
24 Dec 2024
Tue Completed
Done
Refund
26 Dec 2024
Thu Completed
Done
Demat Credit
26 Dec 2024
Thu Completed
Done
Listing Date
27 Dec 2024
Fri Completed
UPI Deadline: 23 Dec 2024
Issue Details
Pricing & Size
Issue Price
₹701 Face ₹5
Lot Size
21 shares
Min Investment
₹14,721
Total Issue Size
71,37,321 shares (aggregating up to ₹500.33 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
35,68,659 (50.00%)
NII / HNI
10,70,599 (15.00%)
Retail
24,98,063 (35.00%)
Employee
-
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
1,81,99,800 shares
Post-Issue Shareholding
2,06,96,233 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 21 ₹14,721
HNI / NII 14 294 ₹2,06,094
bHNI / bNII 68 1,428 ₹10,01,028
Objects of Issue
8 objectives
1
Investment 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
Investment 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
Funding capital expenditure requirements of the Company for the purchase of plant and machinery;
4
Investment 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
Investment in the wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE;
6
Investment in the joint venture, Reserve Enviro Private Limited, to grow our pay-per-use/pay-as-you-treat business;
7
Investment in technology and other growth initiatives to access new markets; and
8
General corporate purposes. (collectively, referred to herein as “Objects”)
Lead Managers & Market Maker
Book Running Lead Managers
Motilal Oswal Investment Advisors Ltd.
Equirus Capital Pvt.Ltd.
IPO Timeline
Open
19 Dec
✓ Done
Close
23 Dec
✓ Done
Allotment
24 Dec
✓ Done
Listing
27 Dec
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
concordenviro.ipo@linkintime.co.in
Company Contact
Email
cs@concordenviro.in
Phone
+912267049000
Address
101, HDIL Towers, nant Kanekar Marg, Bandra (East), Mumbai-400051 Bandra, Maharashtra
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹701
Est. Listing
₹701
Lot Size
21 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 Enviro Systems Ltd. LIVE
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| Price
Market Reference
IPO Issue Price
₹701
GMP
+₹0 (+0%)
GMP Est. Listing
₹701
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 35,68,659 (50.00%) ₹25,016.30 Cr
NII / HNI (Total) 10,70,599 (15.00%) ₹7,504.90 Cr
Retail Investors 24,98,063 (35.00%) ₹17,511.42 Cr
Total ** 71,37,321 (100.00%) ₹500,326.21 Cr
* Based on ₹701.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
35,68,659 (50.00%)
NII
10,70,599 (15.00%)
Retail
24,98,063 (35.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Aug 202431 Mar 202431 Mar 2023
Revenue208.02512.27350.50
PAT0.5241.445.49
EBITDA
Net Worth319.71320.82279.23
Total Assets640.09627.68592.22
Reserves300.59303.09258.64
Borrowings167.53153.19131.06
Key Financial Ratios
13.73%
ROE
Return on Equity
14.07%
ROCE
Return on Capital Employed
12.92%
RONW
Return on Net Worth
8.34%
PAT Margin
PAT / Revenue
0.47
D/E Ratio
Debt to Equity
3.96
P/BV
Price to Book Value
22.77
Pre EPS
EPS Pre-Issue
0.60
Post EPS
EPS Post-Issue
30.79
Pre P/E
P/E Pre-Issue
1171.52
Post P/E
P/E Post-Issue
About Concord Enviro Systems Ltd.

Founded in July 1999, Concord Enviro Systems Limited is a global water and wastewater treatment and reuse solutions provider, including zero-liquid discharge (ZLD) technology.

The company offers in-house solutions across the entire value chain, including design, manufacturing, installation, operation and maintenance (O&M), and digitalization, such as IoT. The company provides integrated wastewater treatment and zero liquid discharge (ZLD) solutions, focusing on energy optimization and recovery to aid industries in achieving water conservation and sustainability goals.

The company's business can be segregated into the following:-

  1. The manufacture and sale of water and wastewater treatment, reuse and ZLD of systems and plants and turnkey solutions;
  2. Operations and maintenance;
  3. The manufacture and sale of consumables and spare parts (including membranes, plants, chemicals and consumables); and
  4. Installation of compressed biogas plants (“CBG Plants”).

As of March 31, 2024, the company exports its solutions to North America, Latin America, Africa, the Middle East, and Southeast Asia and has a large customer base of 377 customers worldwide.

As of FY 2024, the company has served over 353 domestic and 24 international customers in pharmaceuticals, chemicals, food and beverage, defence, automotive, steel, and textiles, with a presence in two countries. 

The company's clients include Diageo Mexico Operaciones, S.A. De C.V., Grasim Industries Limited, AB Mauri, Anthem Biosciences Private Limited, Bhopal Glues and Chemicals Private Limited, Kasyap Sweetners Private Limited, LANXESS India Private Limited, Puja Spintex Private Limited, SFC Environmental Technologies Private Limited, SMS Limited and Tagros Chemicals India Private Limited. Furthermore, the company currently executes projects for multinational companies like Diageo Mexico Operaciones, S.A. De C.V.that include implementing a ZLD solution for their distillery in La Barca, Jalisco, Mexico and a ZLD solution for another customer at their factory in New York, United States of America.

The company has two manufacturing facilities: one in Vasai, India, and another in Sharjah, UAE. Their in-house R&D team, comprising 21 employees as of March 31, 2024, develops the solutions.

Competitive Strengths

  • Market leadership in ZLD technology in India, well placed to harness global industry opportunities
  • Integrated solutions provider supported by backward integrated manufacturing facilities
  • Established presence in international markets
  • Diversified customer base across multiple industries and geographies
Frequently Asked Questions
What is the issue price of Concord Enviro Systems Ltd. IPO?
The issue price of Concord Enviro Systems Ltd. IPO is ₹701 per share, face value ₹5.
What is the lot size?
Minimum lot size is 21 shares, requiring ₹14,721.
What are the IPO dates?
Opens 19 Dec 2024, closes 23 Dec 2024.
When is the listing date?
Tentative listing: 27 Dec 2024 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹701 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Concord Enviro Systems Ltd. IPO · Expected 24 Dec 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
24 Dec 2024
Refund Initiation
26 Dec 2024
Demat Credit
26 Dec 2024
Listing Date
27 Dec 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹701
Face ₹5
Lot Size
21
shares / lot
Min Amount
₹14,721
1 lot
Est. Listing
₹701
GMP +₹0
Key Dates
Open
19 Dec Done
Close
23 Dec Done
Listing
27 Dec Done
Registrar
MUFG Intime India Pvt.Ltd.
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