Concord Enviro Systems IPO Details
The key details of Concord Enviro Systems’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹500.33 Cr |
| Price Range | ₹665 - ₹701 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 21 |
| Investment (cut-off price) | ₹14,721 |
| Pre IPO Promotor Holding | 60.93% |
| Post IPO Promotor Holding | Update soon |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Concord Enviro Systems IPO Timelines
The IPO process for Concord Enviro Systems includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
19/12/2024
Start Date23/12/2024
End Date26/12/2024
Refund Initiation26/12/2024
Credit of Shares to Demat Ac27/12/2024
Listing DateConcord Enviro Systems IPO Lot Size
The Concord Enviro Systems IPO has a fixed lot size of 21 shares, at an upper price band of ₹701 per share, requiring ₹14,721 per lot for retail investors. Retail investors can apply for a maximum of 273 shares worth ₹191,373. For Small HNI (S-HNI), the minimum application starts at 294 shares (₹206,094) up to 1,407 shares (₹986,307), while Big HNI (B-HNI) requires a minimum of 1,428 shares amounting to ₹1,001,028.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 21 | ₹14,721 |
| Retail Maximum | 13 | 273 | ₹1,91,373 |
| S-HNI Minimum | 14 | 294 | ₹2,06,094 |
| S-HNI Maximum | 67 | 1407 | ₹9,86,307 |
| B-HNI Minimum | 68 | 1428 | ₹10,01,028 |
Concord Enviro Systems IPO Subscription Status
The subscription status for Concord Enviro Systems IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 17.32x | 14.20x | 5.56x | -- | 10.67x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹826 | ₹827.10 | ₹860 | ₹801 |
Concord Enviro Systems IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹337.57 | ₹319.88 | ₹16.48 |
| FY 2023 | ₹350.50 | ₹343.30 | ₹5.49 |
| FY 2024 | ₹512.27 | ₹467.57 | ₹41.44 |
| FY 2025 (5 M) | ₹208.02 | ₹206.56 | ₹0.52 |
About Company
Concord Enviro Systems Limited is a global leader in water and wastewater treatment, specializing in Zero Liquid Discharge (ZLD) technology. The company provides integrated solutions for design, manufacturing, installation, and maintenance, with exports to North America, Africa, and Southeast Asia, serving over 377 customers worldwide. Its product range includes effluent treatment plants, anaerobic digestors, membrane bio-reactors, and systems like ultra-filtration, nano-filtration, and reverse osmosis, alongside advanced waste heat evaporators that help industries reduce energy consumption and meet sustainability goals.
The company is supported by robust in-house R&D, developing cost-effective technologies to reduce carbon footprints. With manufacturing facilities in India and the UAE, Concord Enviro pioneers UHPRO technology, improving water recovery and minimizing energy use. Additionally, the company offers comprehensive operations and maintenance (O&M) services, catering to industries such as pharmaceuticals, chemicals, and automotive. Recognized for its innovative and energy-efficient solutions, Concord Enviro contributes to sustainable water management on a global scale.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 1999 | Environmental Services | Prerak Goel |
Know Before Investing
Concord Enviro Systems IPO Strengths
- Concord Enviro is a leader in Zero Liquid Discharge (ZLD) technology in India.
- The company offers integrated solutions for industrial wastewater reuse globally.
- In-house manufacturing reduces costs and enhances water recovery by 30%.
- Established presence in international markets with exports to over 16 countries.
- Strong R&D focus with four patents awarded and nine pending.
- The company is expanding capacity in membrane modules to meet growing global demand.
Concord Enviro Systems IPO Risks
- Delays or cancellations of contracts may reduce Concord Enviro Systems’ projected revenue.
- Heavy reliance on the top 20 customers could affect Concord Enviro Systems’ revenue stability.
- Increased compliance costs may arise from Concord Enviro Systems’ contracts with government clients.
- Shortfalls in raw material supply could impact Concord Enviro Systems’ product pricing and supply.
- Location-specific risks like natural disasters may disrupt Concord Enviro Systems’ manufacturing operations.
- Failure to develop new products may impact Concord Enviro Systems’ future growth.
Swot Analysis for Concord Enviro Systems IPO
Strengths
Leader in ZLD Technology, Integrated Solutions, Global Client Base, In-House Manufacturing
Weaknesses
High Customer Concentration, Working Capital Requirements, Regulatory Compliance Risks
Opportunities
Growing Water Demand, Expansion Plans, Technological Advancements
Threats
Intense Competition, Economic Volatility, Contractual Risks
Company Details
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 Registar Details
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
FAQs
The key objectives of Concord Enviro Systems IPO are:
- Funds for capital expenditure in the U.A.E. water treatment assembly unit.
- Investment in Rochem Separation Systems (India) Private Limited.
- Proceeds for purchasing plant and machinery.
- Funds to reduce Concord Enviro FZE’s debt.
- Investments for working capital in Concord Enviro FZE.
- Investment in Roserve Enviro Private Limited.
- Funds for general corporate purposes.
Motilal Oswal Investment Advisors Limite and Equirus Capital Private Limited are the book-running lead managers for the Concord Enviro Systems IPO.