Concord Enviro IPO: Complete Details for Investors
Concord Enviro Systems Limited, a leading provider of water and wastewater treatment solutions, is launching its much-awaited IPO. The Concord Enviro IPO opens on December 19, 2024, and closes on December 23, 2024. With a combination of fresh issue and offer for sale (OFS), the IPO is expected to raise ₹500.33 crores. Here’s everything you need to know about the Concord Enviro IPO, including price band, allotment schedule, financials, and competitive strengths.
Concord Enviro IPO Details
| IPO Date | December 19, 2024 to December 23, 2024 |
|---|---|
| Listing Date | December 27, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹665 to ₹701 per share |
| Lot Size | 21 Shares |
| Total Issue Size | 71,37,321 shares (₹500.33 Cr) |
| Fresh Issue | 24,96,433 shares (₹175.00 Cr) |
| Offer for Sale (OFS) | 46,40,888 shares (₹325.33 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Pre-Issue Shares | 1,81,99,800 |
| Post-Issue Shares | 2,06,96,233 |
IPO Reservation Breakdown
| Investor Category | Shares Offered |
| Qualified Institutional Buyers (QIB) | Not more than 50% of Net Issue |
| Retail Investors | Not less than 35% of Net Issue |
| NII (HNI) | Not less than 15% of Net Issue |
Concord Enviro IPO Timeline
| Event | Date |
| 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 |
| UPI Mandate Confirmation | December 23, 2024, 5 PM |
Concord Enviro IPO Lot Size
The minimum lot size for retail investors is 21 shares, requiring a minimum investment of ₹14,721. Below is the lot size breakdown for retail and HNIs:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 21 | ₹14,721 |
| Retail (Max) | 13 | 273 | ₹1,91,373 |
| S-HNI (Min) | 14 | 294 | ₹2,06,094 |
| B-HNI (Min) | 68 | 1,428 | ₹10,01,028 |
About Concord Enviro Systems Limited
Founded in July 1999, Concord Enviro Systems Limited is a global leader in water and wastewater treatment solutions. The company is renowned for its Zero Liquid Discharge (ZLD) technology and offers end-to-end in-house solutions, including design, manufacturing, installation, operations, and maintenance.
Key Business Segments
- Manufacturing and sale of wastewater treatment and ZLD systems
- Operations and maintenance (O&M)
- Manufacturing and sale of consumables and spare parts
- Installation of compressed biogas plants (CBG)
Global Presence
Concord Enviro exports its solutions to North America, Latin America, Africa, the Middle East, and Southeast Asia. As of March 31, 2024, the company has a customer base of 377 clients across various industries like pharmaceuticals, chemicals, food & beverage, and more.
Competitive Strengths
- Market Leader in Zero Liquid Discharge (ZLD) technology in India.
- Strong global presence with diversified customer base.
- Integrated solutions provider with backward manufacturing facilities.
- Well-positioned to capitalize on growing industrial sustainability goals.
Financial Performance
Concord Enviro Systems has shown robust financial growth in recent years:
| Financial Year | Assets (₹ Cr) | Revenue (₹ Cr) | PAT (₹ Cr) |
| FY 2022 | 536.90 | 337.57 | 16.48 |
| FY 2023 | 592.22 | 350.50 | 5.49 |
| FY 2024 | 627.68 | 512.27 | 41.44 |
Revenue increased by 46%, and PAT surged by 655% between FY 2023 and FY 2024.
Why Investors Should Watch Concord Enviro IPO
- Sustainable Growth Potential: Strong demand for wastewater treatment solutions.
- Proven Leadership: Market dominance in ZLD technology.
- Financial Performance: Impressive growth in revenue and profitability.
- Global Expansion: Strong international presence across diverse geographies.
Related Reads
For more insights on IPOs and investment strategies, check out:
Conclusion
The Concord Enviro IPO presents an exciting opportunity for investors looking to benefit from the rising demand for sustainable industrial solutions. With strong financials, a diverse client base, and global recognition, the IPO is well-positioned to attract retail and institutional investors alike.
Mark your calendars for December 19, 2024, and stay tuned for allotment and listing updates!
FAQs About Concord Enviro IPO
1. What are the Concord Enviro IPO dates?
The IPO opens on December 19, 2024, and closes on December 23, 2024.
2. What is the Concord Enviro IPO price band?
The price band is set at ₹665 to ₹701 per share.
3. What is the minimum investment for retail investors?
The minimum investment is ₹14,721 for 21 shares.
4. When is the Concord Enviro IPO listing date?
The listing date is scheduled for December 27, 2024.
5. What industries does Concord Enviro Systems serve?
Concord Enviro serves industries like pharmaceuticals, chemicals, food & beverage, automotive, and textiles.
Concord Enviro IPO: Complete Details for Investors
Concord Enviro Systems Limited, a leading provider of water and wastewater treatment solutions, is launching its much-awaited IPO. The Concord Enviro IPO opens on December 19, 2024, and closes on December 23, 2024. With a combination of fresh issue and offer for sale (OFS), the IPO is expected to raise ₹500.33 crores. Here’s everything you need to know about the Concord Enviro IPO, including price band, allotment schedule, financials, and competitive strengths.
Concord Enviro IPO Details
| IPO Date | December 19, 2024 to December 23, 2024 |
|---|---|
| Listing Date | December 27, 2024 |
| Face Value | ₹5 per share |
| Price Band | ₹665 to ₹701 per share |
| Lot Size | 21 Shares |
| Total Issue Size | 71,37,321 shares (₹500.33 Cr) |
| Fresh Issue | 24,96,433 shares (₹175.00 Cr) |
| Offer for Sale (OFS) | 46,40,888 shares (₹325.33 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Pre-Issue Shares | 1,81,99,800 |
| Post-Issue Shares | 2,06,96,233 |
IPO Reservation Breakdown
| Investor Category | Shares Offered |
| Qualified Institutional Buyers (QIB) | Not more than 50% of Net Issue |
| Retail Investors | Not less than 35% of Net Issue |
| NII (HNI) | Not less than 15% of Net Issue |
Concord Enviro IPO Timeline
| Event | Date |
| 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 |
| UPI Mandate Confirmation | December 23, 2024, 5 PM |
Concord Enviro IPO Lot Size
The minimum lot size for retail investors is 21 shares, requiring a minimum investment of ₹14,721. Below is the lot size breakdown for retail and HNIs:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 21 | ₹14,721 |
| Retail (Max) | 13 | 273 | ₹1,91,373 |
| S-HNI (Min) | 14 | 294 | ₹2,06,094 |
| B-HNI (Min) | 68 | 1,428 | ₹10,01,028 |
About Concord Enviro Systems Limited
Founded in July 1999, Concord Enviro Systems Limited is a global leader in water and wastewater treatment solutions. The company is renowned for its Zero Liquid Discharge (ZLD) technology and offers end-to-end in-house solutions, including design, manufacturing, installation, operations, and maintenance.
Key Business Segments
- Manufacturing and sale of wastewater treatment and ZLD systems
- Operations and maintenance (O&M)
- Manufacturing and sale of consumables and spare parts
- Installation of compressed biogas plants (CBG)
Global Presence
Concord Enviro exports its solutions to North America, Latin America, Africa, the Middle East, and Southeast Asia. As of March 31, 2024, the company has a customer base of 377 clients across various industries like pharmaceuticals, chemicals, food & beverage, and more.
Competitive Strengths
- Market Leader in Zero Liquid Discharge (ZLD) technology in India.
- Strong global presence with diversified customer base.
- Integrated solutions provider with backward manufacturing facilities.
- Well-positioned to capitalize on growing industrial sustainability goals.
Financial Performance
Concord Enviro Systems has shown robust financial growth in recent years:
| Financial Year | Assets (₹ Cr) | Revenue (₹ Cr) | PAT (₹ Cr) |
| FY 2022 | 536.90 | 337.57 | 16.48 |
| FY 2023 | 592.22 | 350.50 | 5.49 |
| FY 2024 | 627.68 | 512.27 | 41.44 |
Revenue increased by 46%, and PAT surged by 655% between FY 2023 and FY 2024.
Why Investors Should Watch Concord Enviro IPO
- Sustainable Growth Potential: Strong demand for wastewater treatment solutions.
- Proven Leadership: Market dominance in ZLD technology.
- Financial Performance: Impressive growth in revenue and profitability.
- Global Expansion: Strong international presence across diverse geographies.
Related Reads
For more insights on IPOs and investment strategies, check out:
Conclusion
The Concord Enviro IPO presents an exciting opportunity for investors looking to benefit from the rising demand for sustainable industrial solutions. With strong financials, a diverse client base, and global recognition, the IPO is well-positioned to attract retail and institutional investors alike.
Mark your calendars for December 19, 2024, and stay tuned for allotment and listing updates!
FAQs About Concord Enviro IPO
1. What are the Concord Enviro IPO dates?
The IPO opens on December 19, 2024, and closes on December 23, 2024.
2. What is the Concord Enviro IPO price band?
The price band is set at ₹665 to ₹701 per share.
3. What is the minimum investment for retail investors?
The minimum investment is ₹14,721 for 21 shares.
4. When is the Concord Enviro IPO listing date?
The listing date is scheduled for December 27, 2024.
5. What industries does Concord Enviro Systems serve?
Concord Enviro serves industries like pharmaceuticals, chemicals, food & beverage, automotive, and textiles.
