Concord Enviro Systems Limited – IPO

The Concord Enviro Systems-IPO is being conducted as a book-built issue. It consists of a fresh issue amounting to Rs 175.00 crore and an offer for the sale of 0.46 crore shares.

The subscription for the Concord Enviro Systems-IPO is scheduled to be opened on December 19, 2024, and will be closed on December 23, 2024. The allotment is expected to be finalized on Tuesday, December 24, 2024. The IPO is planned to be listed on BSE and NSE, with a tentative listing date set for Friday, December 27, 2024.

The price bands for the Concord Enviro Systems-IPO have not yet been announced.

Get the Concord Enviro Systems-IPO RHP for detailed information.

Concord Enviro Systems Limited – IPO Details

IPO Date December 19, 2024 to December 23, 2024
Listing Date December 27, 2024
Face Value ₹ 5 / Share
Price Band ₹ -- to ₹ -- / Share
Lot Size Shares
Total Issue Size
Fresh Issue ₹ 175.00 Cr
Offer for Sale
Employee Discount
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue 1,81,99,800 shares
Share holding post issue
Market Maker portion

Concord Enviro Systems Limited Timeline (Tentative Schedule)

Concord Enviro Systems Limited IPO opens on December 19, 2024, and closes on December 23, 2024.

IPO Open Date December 19, 2024
IPO Close Date December 23, 2024
Basis of Allotment December 24, 2024
Initiation of Refunds December 26, 2024
Credit of Shares to Demat December 26, 2024
Listing Date December 27, 2024
Cut-off time for UPI mandate confirmation December 23, 2024

Concord Enviro Systems Limited IPO Lot Size

Application Lots Shares Amount
Retail (Min)
Retail (Max)
S-HNI (Min)
S-HNI (Max)
B-HNI (Min)
HNI (Min)

Concord Enviro Systems Limited IPO Promoter Holding

Share Holding Pre Issue
Share Holding Post Issue

Concord Enviro Systems Limited IPO Reservation

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Isssue Concord Enviro Systems-IPO Timeline (Tentative Schedule) Concord Enviro Systems-IPO IPO opens on December 19, 2024, and closes on December 23, 2024. IPO
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered Not less than 35% of the Net Issue
Employee Shares Offered
Total Shares Offered

Concord Enviro Systems Limited IPO Anchor Investors Details

Bid Date
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days)
Anchor lock-in period end date for remaining shares (90 Days)

About Concord Enviro Systems Limited

Founded in July 1999, Concord Enviro Systems Limited is recognized as a global provider of water and wastewater treatment and reuse solutions, including zero-liquid discharge (ZLD) technology.

In-house solutions are offered across the entire value chain, which includes design, manufacturing, installation, operation and maintenance (O&M), and digitalization, such as IoT. Integrated wastewater treatment and zero-liquid discharge (ZLD) solutions are provided, with a focus placed on energy optimization and recovery to assist industries in achieving water conservation and sustainability goals.

Key Performance Indicator

KPI Values
ROE 13.73%
ROCE 14.07%
Debt/Equity 0.47
RoNW 12.92%
P/BV
PAT Margin (%) 8.34
  Pre IPO Post IPO
EPS (Rs)
P/E (x)

Objects of the Issue (Concord Enviro Systems Limited IPO Objectives)

The Net Proceeds of the Fresh Issue are proposed to be utilized in the following manner:

  • Investment in the wholly owned subsidiary, Concord Enviro FZE (“CEF”), is proposed for financing its capital expenditure requirements for the greenfield project aimed at developing an assembly unit to assemble systems and plants for the treatment of water, wastewater, and related membrane modules (the “U.A.E Project”).
  • Investment in the wholly owned subsidiary, Rochem Separation Systems (India) Private Limited (“RSSPL”), is planned for financing its capital expenditure requirements for the brownfield project to expand manufacturing facilities, storage, and supporting activities (the “Vasai Project”).
  • Capital expenditure requirements of the company are proposed to be funded for the purchase of plant and machinery.
  • Investment in the wholly owned subsidiary, Concord Enviro FZE, is proposed for prepayment or repayment, in full or in part, of certain outstanding borrowings availed by Concord Enviro FZE.
  • Investment in the wholly owned subsidiary, Concord Enviro FZE, is planned for funding its working capital requirements.
  • Investment in the joint venture, Reserve Enviro Private Limited, is proposed to grow the pay-per-use/pay-as-you-treat business.
  • Investment in technology and other growth initiatives is planned to access new markets.
  • General corporate purposes are proposed to be funded. (Collectively referred to as “Objects”).

Concord Enviro Systems Limited Contact 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/

Concord Enviro Systems Limited IPO Registrar

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

Frequently Asked Questions


What is Concord Enviro Systems Limited IPO?
The Concord Enviro Systems Limited IPO is classified as an Mainline IPO. The issue price is set between ₹ and ₹ per equity share. A minimum of shares is required per order. The IPO will be open from December 19, 2024, to December 23, 2024. The shares are proposed to be listed on BSE, NSE.

When does the Concord Enviro Systems Limited IPO open and close?
The Concord Enviro Systems Limited IPO will be opened on December 19, 2024, and closed on December 23, 2024.

What is the issue size of the Concord Enviro Systems Limited IPO?
The size of the Concord Enviro Systems Limited IPO is in total. A fresh issue of ₹ 175.00 Cr shares, aggregating up to , is included.

What is the price band of the Concord Enviro Systems Limited Limited IPO?
The price band for the IPO has been set between ₹ - ₹ per equity share.

What is the allotment date of the Concord Enviro Systems Limited IPO?
The share allotment date for the Concord Enviro Systems Limited IPO is set for December 24, 2024.

What is the Concord Enviro Systems Limited listing date?
The Concord Enviro Systems Limited IPO is scheduled to be listed on December 27, 2024.

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