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Concord Enviro Systems Limited IPO (Concord Enviro Systems Limited IPO ) Details

Concord Enviro Systems Limited

Concord Enviro Systems Limited IPO 's overview

Concord Enviro Systems Limited IPO is a book built issue of ₹500.33 Cr (5,00,32,62,021). The issue is a combination of fresh issue of 24.96 Lakh (24,96,433) shares aggregating to ₹175.00 Cr (1,74,99,99,533) and offer for sale of 46.41 Lakh (46,40,888) shares aggregating to ₹325.33 Cr (3,25,32,62,488).

Concord Enviro Systems Limited IPO is open for subscription on Dec 19, 2024 and closes on Dec 23, 2024. The allotment for Concord Enviro Systems Limited IPO is expected to be finalized on Dec 24, 2024. The shares will list on NSE, BSE with tentative listing date fixed as Dec 27, 2024.

Concord Enviro Systems Limited IPO price band is set at ₹665 to ₹701 per share. The minimum lot size for an application is 21 Shares. The minimum amount of investment required by retail investors is ₹13,965.

Refer to Concord Enviro Systems Limited IPO RHP for detailed information.

  • IPO date

    Dec 19,2024 - Dec 23,2024

  • Listing Date

    Dec 27,2024

  • Face value

    5

  • Price Band

    665 to ₹701 per share

  • Lot

    21 Shares

  • Total Issue Size

    71.37 Lakh (71,37,321)

    aggregating up to 500.33 Cr (5,00,32,62,021)

  • Fresh Issue

    24.96 Lakh (24,96,433)

    aggregating up to ₹175.00 Cr (1,74,99,99,533)

  • Offer for sale

    46.41 Lakh (46,40,888)

    aggregating up to ₹325.33 Cr (3,25,32,62,488)

  • Issue Type

    Book Building

  • IPO Type

    Main Board
  • Listing At

    NSEBSE

  • Pre Issue Size

    1.82 Cr (1,81,99,800)

  • Post Issue Size

    2.07 Cr (2,06,96,233)

  • Thu, Dec 19, 2024

    IPO Open

  • Mon, Dec 23, 2024

    IPO Close

  • Tue, Dec 24, 2024

    Basis of Allotment

  • Thu, Dec 26, 2024

    Initiation of Refunds

  • Thu, Dec 26, 2024

    Credit of Shares to Demat

  • Fri, Dec 27, 2024

    Listing

Concord Enviro Systems Limited IPO Day-wise IPO GMP Trend

Concord Enviro Systems Limited IPO last GMP is ₹120, last updated Dec 26,2024. With the price band of 701.00, Concord Enviro Systems Limited IPO 's estimated listing price is ₹821 (cap price + today's GMP).The expected percentage gain/loss per share is 17.12%.

DateIPO PriceGMPEstimated Listing PriceLast Updated
26-Dec-24701.00120
821(17.12%)26-Dec-2024 14:59
25-Dec-24701.00134
835(19.12%)25-Dec-2024 22:30
24-Dec-24701.0075
776(10.70%)24-Dec-2024 22:26
23-Dec-24701.0055
756(7.85%)23-Dec-2024 22:30
22-Dec-24701.0040
741(5.71%)22-Dec-2024 22:29
21-Dec-24701.0040
741(5.71%)21-Dec-2024 22:28
20-Dec-24701.0055
756(7.85%)20-Dec-2024 22:26
19-Dec-24701.0070
771(9.99%)19-Dec-2024 22:23
18-Dec-24701.0070
771(9.99%)18-Dec-2024 22:29
17-Dec-24701.000
701(0.00%)17-Dec-2024 22:23
16-Dec-24701.000
701(0.00%)16-Dec-2024 18:00
15-Dec-240
(0.00%)15-Dec-2024 14:52

Concord Enviro Systems Limited IPO Lot Size

ApplicationLotsSharesAmount

Retail(Min)

12114,721

Retail(Max)

132731.91 Lakh (1,91,373)

SHNI(Min)

142942.06 Lakh (2,06,094)

SHNI(Max)

671,4079.86 Lakh (9,86,307)

BHNI(Min)

681,42810.01 Lakh (10,01,028)

Concord Enviro Systems Limited IPO Financial Information (Restated Consolidated)

LabelAug 31, 2024Mar 31, 2024Mar 31, 2023Mar 31, 2022
Assets640.09627.68592.22536.9
Revenue208.02512.27350.5337.57
Profit After Tax0.5241.445.4916.48
Net Worth319.71320.82279.23266.81
Reserves and Surplus300.59303.09258.64261.12
Total Borrowing167.53153.19131.06125.76
Concord Enviro Systems Limited Financial Information

About Concord Enviro Systems Limited

Founded: July 1999
Industry: Water and Wastewater Treatment Solutions
Core Business Focus:

  1. Water and Wastewater Treatment Solutions (including Zero-Liquid Discharge technology).
  2. Reuse Solutions supporting industrial water conservation and sustainability goals.

Key Offerings and Business Segments

1. Water and Wastewater Treatment & ZLD Solutions

  • Comprehensive solutions, including design, manufacturing, installation, and operation.
  • Focus on energy optimization and recovery.

2. Operations and Maintenance (O&M)

  • End-to-end support for installed systems and plants.

3. Consumables and Spare Parts

  • Includes membranes, chemicals, and other consumables essential for maintenance.

4. Compressed Biogas (CBG) Plants

  • Installation and commissioning of CBG plants, supporting clean energy goals.

Global Presence and Customer Base (As of FY 2024)

  • Export Markets:
    • North America, Latin America, Africa, the Middle East, and Southeast Asia.
  • Customers:
    • 377 customers worldwide (353 domestic and 24 international).
  • Industries Served:
    • Pharmaceuticals, chemicals, food and beverage, defense, automotive, steel, and textiles.

Key Clients:

  • Diageo Mexico Operaciones, S.A. De C.V.
  • Grasim Industries Limited
  • AB Mauri
  • LANXESS India Private Limited
  • Tagros Chemicals India Private Limited

Recent Key Projects

  • Diageo Mexico (La Barca, Mexico):
    • ZLD solution implementation for a distillery.
  • New York, USA:
    • ZLD solution for an international client’s factory.

Manufacturing Facilities

  1. Vasai, Maharashtra, India
  2. Sharjah, UAE

R&D Strength:

  • 21 dedicated R&D employees as of March 31, 2024.
  • Focused on innovation and developing proprietary, efficient solutions.

Financial Highlights (FY 2022–2024)

  • Revenue Growth:
    • FY 2022: ₹329.37 crores
    • FY 2024: ₹496.86 crores
  • Net Income (FY 2024): ₹41.44 crores

Competitive Strengths

  1. Market Leadership in ZLD Technology (India):

    • Recognized as a pioneer in zero-liquid discharge solutions, enabling industries to achieve sustainability goals.
  2. Integrated Solutions Provider:

    • Comprehensive in-house value chain (design, manufacturing, O&M, IoT-enabled digital solutions).
  3. Global Reach:

    • Established presence across international markets with diverse export destinations.
  4. Diverse Customer Base:

    • Serves a wide range of industries, minimizing dependency on specific sectors.
  5. Backward Integration:

    • Manufacturing facilities equipped to produce consumables and spare parts for efficient operations.

Vision and Strategy

  1. Expand Global Footprint:

    • Targeting increased penetration in North America, Latin America, and Southeast Asia.
  2. Strengthen Technology Leadership:

    • Investment in R&D to develop innovative, energy-efficient solutions.
  3. Focus on Sustainability:

    • Commitment to water conservation and sustainable manufacturing processes.

Conclusion

Concord Enviro Systems Limited stands out as a market leader in Zero-Liquid Discharge (ZLD) technology, offering integrated solutions for water and wastewater treatment across the globe. With robust financial growth, strong international presence, and a diversified client portfolio, the company is positioned to continue driving sustainability and innovation in industrial water management.

Concord Enviro Systems Limited IPO 's documents

Concord Enviro Systems Limited Contact Details

101, HDIL Towers,
nant Kanekar Marg,
Bandra (East), Mumbai-400051
Phone: +912267049000
Email[email protected]
Websitehttps://www.concordenviro.in/

Concord Enviro Systems Limited IPO 's Promoters

The promoters of the company are Prayas Goel, and Prerak Goel.

Concord Enviro Systems Limited IPO Registrar