Concord Enviro Systems IPO

Concord Enviro Systems IPO

Concord Enviro Systems IPO
Engineering
listed

4.12x

subscribed

₹13,965Min. investment
  1. Pre-apply
    17 Dec
  2. Bid start
    19 Dec
  3. Bid end
    23 Dec
  4. Allotment
    24 Dec
  5. Release of funds
    26 Dec
  6. Demat transfer
    26 Dec
  7. Listing
    27 Dec

About Concord Enviro Systems Limited

SectorEngineering
Price range₹665 – ₹701
IPO type
Regular
Lot size21 shares
Issue size₹500Cr
Red Herring Prospectus
Read
RevenueApr 2023 - Mar 2024
₹496.86CrHigher than sector avg
Growth rate3Y CAGR
22.82%Higher than sector avg

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

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Revenue
Higher revenue means strong sales and good market demand
This IPO
₹496.86Cr
This sector
₹332.43Cr
Compare with companies
3Y growth
Strong 3-year growth shows consistent progress and potential
This IPO
22.82%
This sector
0.01%
Compare with companies
PAT
Higher PAT means strong profitability and efficient cost management
This IPO
₹41.44Cr
This sector
₹40.6Cr
Compare with companies
P/E ratio
Lower ratio usually means stock is undervalued
This IPO
30.78
This sector
27.54
Compare with companies
D/E ratio
Lower ratio usually means fewer liabilities
This IPO
0.42
This sector
0.63
Compare with companies

Objectives

Investment in subsidiaries
The company will use ₹115.5 crore from IPO proceeds to invest in various subsidiaries.
Capital expenditures
Around ₹3.2 crore will be spent by the company to purchase plant and machinery.
Business expansion
The company will invest 23.5 crore in technology and other growth initiatives.

About Concord Enviro Systems IPO

IPO Analysis

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IPO REVIEW
Concord Enviro Systems IPO
Should you apply?

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of Concord Enviro Systems IPO ?

The issue size of the Concord Enviro Systems IPO is 500 Cr.

What is 'pre-apply' for Concord Enviro Systems IPO ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Concord Enviro Systems IPO shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.