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Concord Enviro Systems IPO
4.12xsubscribed

Concord Enviro Systems IPO

Engineering
listed
₹13,965Min. investment

Concord Enviro Systems Limited IPO Details

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

Concord Enviro Systems IPO Timeline

  1. Pre-apply
    17 Dec 2024
  2. Bid start
    19 Dec 2024
  3. Bid end
    23 Dec 2024
  4. Allotment
    24 Dec 2024
  5. Release of funds
    26 Dec 2024
  6. Demat transfer
    26 Dec 2024
  7. Listing
    27 Dec 2024

About Concord Enviro Systems Limited

Concord Enviro Systems is a leading provider of water and wastewater treatment and reuse solutions. The company mainly focuses on designing and manufacturing water treatment systems, providing operations and maintenance services, and supplying consumables and spares such as membranes and chemicals. The company holds a 14.5% market share in the Indian industrial water recycling and reuse systems segment. As of August 31, 2024, the company had served over 310 clients globally, while its total order book stood at ₹501.74 crore. In FY24, the company earned 58.23% of total revenue from the domestic markets, and the rest came from international orders. It has two manufacturing facilities, one located in Vasai, Maharashtra, India, and the other in Sharjah, UAE.

Concord Enviro Systems IPO Analysis

IPO REVIEW

Concord Enviro Systems IPO | Analysis Video

Should you apply?

Watch our analysts break down the Concord Enviro Systems IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

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

Objectives of Concord Enviro Systems IPO

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.

Compare

CompanyRevenue*3Y growthPATP/E ratioD/E ratio
This IPO₹496.86Cr22.82%₹41.44Cr30.780.42
This sector (avg.)₹342.41Cr0.01%₹38.53Cr31.540.53
₹10,670.1Cr---₹1,263.5Cr31.400.10
₹2,217.81Cr---₹423.66Cr26.730
₹3,087.59Cr---₹471.9Cr18.040.01

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

Concord Enviro Systems IPO Contact Details

Company NameConcord Enviro Systems Limited

How to apply for Concord Enviro Systems IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Concord Enviro Systems IPO FAQs