Concord Enviro Systems Limited – IPO
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 | |
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| 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: [email protected] Website: https://www.concordenviro.in/ |
Concord Enviro Systems Limited IPO Registrar
Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: [email protected] 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.