4.12x
subscribed
Concord Enviro Systems IPO
Concord Enviro Systems IPOEngineering
listed
4.12x
subscribed
₹13,965Min. investment
About Concord Enviro Systems Limited
Issue size
₹500Cr
IPO type
Mainboard
RevenueApr 2023 - Mar 2024
₹496.86CrHigher than sector avg
Price range
₹665 – ₹701
Growth rate3Y CAGR
22.82%Higher than sector avg
Lot size
21 shares
Red Herring Prospectus
Read
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
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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

IPO REVIEW
Concord Enviro Systems IPO
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Latest News on IPO

Concord Enviro Systems aims to raise ₹500.33 crore via the IPO. The company has set the price band at ₹665 to ₹701 per share. Concord Enviro Systems has proposed to list its shares on the BSE and NSE on December 27.
5 min read

Concord Enviro Systems Ltd has set a price band of Rs 665-701 per share for its upcoming IPO, scheduled to open for subscription on December 19. Anchor investor bidding will commence on December 18, while the public issue will close on December 22. The IPO includes a fresh issue worth Rs 175 crore and OFS of up to 4.64 million shares by existing shareholders and promoters.
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.
Timeline
- Pre-apply17 Dec 2024
- Bidding starts19 Dec 2024
- Bidding ends23 Dec 2024
- Allotment finalisation24 Dec 2024
- Release of funds26 Dec 2024
- Demat transfer26 Dec 2024
- Listing27 Dec 2024