{"id":30542,"date":"2024-12-17T14:26:24","date_gmt":"2024-12-17T08:56:24","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=30542"},"modified":"2025-07-08T11:18:30","modified_gmt":"2025-07-08T05:48:30","slug":"concord-enviro-systems-ipo-announced-to-open-price-reviews","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/","title":{"rendered":"Concord Enviro Systems IPO Announced to Open on 19th December: Check Issue Size, Price, and Reviews"},"content":{"rendered":"<p>Concord Enviro IPO is set to open on 19th December 2024 as a book-built issue to raise Rs 500 crore. In this IPO, the fresh issue will raise around Rs 175 crore, and the offer for sale will raise around Rs 325.33 crore. Investors are allowed to make a bid for a minimum of 21 shares or Rs 14,721.&nbsp;<\/p><p>The IPO will be listed on the <a href=\"https:\/\/univest.in\/stocks\/bse\/bse-ltd-share-price-today\">BSE<\/a> (Bombay Stock Exchange) and NSE (National Stock Exchange) on 27 December 2024. Before applying, explore the Concord Enviro IPO details.&nbsp;<\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/#Concord_Enviro_IPO_Details\" title=\"Concord Enviro IPO Details&nbsp;\">Concord Enviro IPO Details&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/#Concord_Enviro_IPO_Allotment\" title=\"Concord Enviro IPO Allotment\">Concord Enviro IPO Allotment<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/#About_Concord_Enviro_Systems_Ltd\" title=\"About Concord Enviro Systems Ltd.\">About Concord Enviro Systems Ltd.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/#Financial_of_Concord_Enviro_Systems\" title=\"Financial of Concord Enviro Systems\">Financial of Concord Enviro Systems<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/#Technical_Indicators_of_Concord_Enviro_Systems\" title=\"Technical Indicators of Concord Enviro Systems\">Technical Indicators of Concord Enviro Systems<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/concord-enviro-systems-ipo-announced-to-open-price-reviews\/#Concord_Enviro_Systems_IPO_Dates\" title=\"Concord Enviro Systems IPO Dates\">Concord Enviro Systems IPO Dates<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concord_Enviro_IPO_Details\"><\/span><strong>Concord Enviro IPO Details&nbsp;<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td><strong>19th December 2024<\/strong><\/td><\/tr><tr><td><strong>Face Value&nbsp;<\/strong><\/td><td><strong>Rs <\/strong><strong>5 per share<\/strong><\/td><\/tr><tr><td><strong>Price Band<\/strong><\/td><td><strong>Rs <\/strong><strong>665 to <\/strong><strong>Rs <\/strong><strong>701 per share&nbsp;<\/strong><\/td><\/tr><tr><td><strong>Lot Size<\/strong><\/td><td><strong>21 shares&nbsp;<\/strong><\/td><\/tr><tr><td><strong>Issue Type<\/strong><\/td><td><strong>Book Built Issue<\/strong><\/td><\/tr><tr><td><strong>Listing&nbsp;<\/strong><\/td><td><strong>BSE &amp; NSE<\/strong><\/td><\/tr><tr><td><strong>IPO Close Date&nbsp;<\/strong><\/td><td><strong>23rd December 2024<\/strong><\/td><\/tr><tr><td><strong>Listing Date&nbsp;<\/strong><\/td><td><strong>27th December 2024<\/strong><\/td><\/tr><\/tbody><\/table><\/figure><p>The Concord Enviro Systems IPO price band is fixed at Rs 665 to Rs 701 per share. However, the listing price may vary depending on factors like market sentiments, GMP (Grey Market Premium), and subscription received. Stay informed on the live data about this IPO to eliminate the risk of investing and generate higher returns at the time of listing. Explore the segregation of shares offered across different categories of investors.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Categories<\/strong><\/td><td><strong>Shares Offered (% of net issue)<\/strong><\/td><\/tr><tr><td><strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Qualified_institutional_buyer\" rel=\"nofollow noopener\" target=\"_blank\">Qualified Institutional Investors<\/a><\/strong><\/td><td><strong>50<\/strong><\/td><\/tr><tr><td><strong><a href=\"https:\/\/www.angelone.in\/finance-wiki\/market-entities\/non-institutional-investors-niis\" rel=\"nofollow noopener\" target=\"_blank\">Non-Institutional Investors<\/a><\/strong><\/td><td><strong>15<\/strong><\/td><\/tr><tr><td><strong><a href=\"https:\/\/en.wikipedia.org\/wiki\/Investor\" rel=\"nofollow noopener\" target=\"_blank\">Retail Investors<\/a><\/strong><\/td><td><strong>35<\/strong><\/td><\/tr><\/tbody><\/table><\/figure><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concord_Enviro_IPO_Allotment\"><\/span><strong>Concord Enviro IPO Allotment<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The Concord Enviro IPO allotment will be based on the decision of registrars. Two registrars for this IPO are Link Intime and Karvy. Stay informed about the allotment, which will be finalised soon. Registrars will separate valid and invalid applications against the Concord Enviro IPO. After that, allotment will be made only for the valid applications.&nbsp;<\/p><p>*<em><strong>Note<\/strong>: Apply with proper details and for the minimum lot required to validate your application for Concord Enviro IPO allotment.&nbsp;<\/em><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"About_Concord_Enviro_Systems_Ltd\"><\/span><strong>About Concord Enviro Systems Ltd.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>Concord Enviro Systems Ltd. was established in 1999 and is currently engaged in wastewater treatment activities. The company offer reuse solutions and zero-liquid discharge technologies across different areas to serve its customers. As of now, Concord Enviro Systems Ltd. has served more than 377 customers across different sectors, including FMCG, automobile, steel, textile, chemicals, and pharmaceutical.&nbsp;<\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_of_Concord_Enviro_Systems\"><\/span><strong>Financial<\/strong> <strong>of<\/strong> <strong>Concord Enviro Systems<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><p>The financial details of the company have many things to say. It indicates how a firm can potentially sustain itself against competitive pressures and its ability to integrate new technologies. The profit after tax of Concord Enviro Systems Ltd. increased by 655% from FY2023 to FY2024. Consider assessment of financial details before applying for Concord Enviro Systems IPO.&nbsp;<\/p><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Particular<\/strong><\/td><td><strong>31st March 2024 (in cr.)<\/strong><\/td><td><strong>31st March 2023 (in cr.)<\/strong><\/td><td><strong>31st March 2022 (in cr.)<\/strong><\/td><\/tr><tr><td><strong>Assets<\/strong><\/td><td>627.68<\/td><td>592.22<\/td><td>536.9<\/td><\/tr><tr><td><strong>Borrowings<\/strong><\/td><td>153.19<\/td><td>131.06<\/td><td>125.76<\/td><\/tr><tr><td><strong>Revenue<\/strong><\/td><td>512.27<\/td><td>350.5<\/td><td>337.57<\/td><\/tr><tr><td><strong>Profit After Tax<\/strong><\/td><td>4.44<\/td><td>5.49<\/td><td>16.48<\/td><\/tr><\/tbody><\/table><\/figure><p><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Indicators_of_Concord_Enviro_Systems\"><\/span><strong>Technical Indicators<\/strong> <strong>of<\/strong> <strong>Concord Enviro Systems<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Indicator<\/strong><\/td><td><strong>Value<\/strong><\/td><\/tr><tr><td><strong>P\/B value<\/strong><\/td><td>3.96<\/td><\/tr><tr><td><strong>Debt to Equity Ratio<\/strong><\/td><td>0.47<\/td><\/tr><tr><td><strong>ROE&nbsp;<\/strong><\/td><td>13.73%<\/td><\/tr><tr><td><strong>ROCE<\/strong><\/td><td>14.07%<\/td><\/tr><\/tbody><\/table><\/figure><p><\/p><h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concord_Enviro_Systems_IPO_Dates\"><\/span><strong>Concord Enviro Systems IPO Dates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2><figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>IPO Open Date<\/strong><\/td><td>19th December 2024<\/td><\/tr><tr><td><strong>IPO Close Date<\/strong><\/td><td>23rd December 2024<\/td><\/tr><tr><td><strong>Allotment<\/strong><\/td><td>24th December 2024<\/td><\/tr><tr><td><strong>Refund Date<\/strong><\/td><td>26th December 2024<\/td><\/tr><tr><td><strong>IPO Listing Date<\/strong><\/td><td>27th December 2024<\/td><\/tr><\/tbody><\/table><\/figure>","protected":false},"excerpt":{"rendered":"<p>Concord Enviro IPO is set to open on 19th December 2024 as a book-built issue to raise Rs 500 crore. In this IPO, the fresh issue will raise around Rs 175 crore, and the offer for sale will raise around Rs 325.33 crore. Investors are allowed to make a bid for a minimum of 21<\/p>\n","protected":false},"author":23,"featured_media":30543,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[1017,1016,1015],"class_list":["post-30542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-concord-enviro-systems","tag-concord-enviro-systems-ipo","tag-ipo"],"metadata":{"_edit_lock":["1751953711:23"],"_last_editor_used_jetpack":["block-editor"],"rank_math_internal_links_processed":["1"],"rank_math_primary_category":["842"],"rank_math_seo_score":["69"],"_thumbnail_id":["30543"],"_edit_last":["23"],"_ez-toc-disabled":[""],"_ez-toc-insert":[""],"_ez-toc-header-label":[""],"_ez-toc-alignment":["none"],"_ez-toc-heading-levels":["a:0:{}"],"_ez-toc-alttext":[""],"_ez-toc-visibility_hide_by_default":[""],"_ez-toc-hide_counter":[""],"_ez-toc-exclude":[""],"_ez-toc-position-specific":["before"],"stm_select_gm_zoom":[""],"stm_agenda":[""],"stm_host":[""],"stm_select_approved_denied":[""],"stm_multiselect_approved":[""],"stm_multiselect_denied":[""],"stm_date":[""],"stm_time":[""],"stm_timezone":[""],"stm_duration":[""],"stm_password":[""],"stm_waiting_room":[""],"stm_join_before_host":[""],"stm_host_join_start":[""],"stm_start_after_participants":[""],"stm_mute_participants":[""],"stm_enforce_login":[""],"stm_alternative_hosts":[""],"top_bar_custom_style":[""],"top_bar_bg":[""],"wc_top_bar_cart_custom_style":[""],"wc_top_bar_cart_color":[""],"wc_top_bar_cart_icon_color_hover":[""],"wc_top_bar_cart_counter_color":[""],"wc_top_bar_cart_counter_color_hover":[""],"wc_top_bar_cart_counter_bg":[""],"wc_top_bar_cart_counter_bg_hover":[""],"top_bar_wpml_switcher_custom_style":[""],"wpml_switcher_color":[""],"top_bar_wpml_switcher_bg":[""],"top_bar_wpml_switcher_bg_hover":[""],"top_bar_wpml_switcher_color_hover":[""],"top_bar_socials_custom_style":[""],"top_bar_socials_color":[""],"top_bar_socials_color_hover":[""],"top_bar_search_custom_style":[""],"top_bar_search_color":[""],"top_bar_search_icon_color_hover":[""],"top_bar_contact_info_style":[""],"top_bar_contact_info_color":[""],"top_bar_contact_info_link_color":[""],"top_bar_contact_info_link_color_hover":[""],"top_bar_contact_info_select_bg":[""],"top_bar_contact_info_select_color":[""],"top_bar_contact_info_select_drop_bg":[""],"top_bar_contact_info_select_items_bg":[""],"top_bar_contact_info_select_items_color":[""],"top_bar_contact_info_select_items_hover":[""],"header_inverse":["default"],"enable_header_transparent":["off"],"header_nav_custom_style":[""],"header_bg":[""],"header_shadow":[""],"wc_cart_custom_style":[""],"wc_cart_icon_color":[""],"wc_cart_icon_color_hover":[""],"wc_cart_counter_color":[""],"wc_cart_counter_color_hover":[""],"wc_cart_counter_bg":[""],"wc_cart_counter_bg_hover":[""],"header_wpml_switcher_custom_style":[""],"header_wpml_switcher_color":[""],"header_wpml_switcher_color_hover":[""],"header_wpml_switcher_bg":[""],"header_wpml_switcher_bg_hover":[""],"header_socials_custom_style":[""],"header_socials_color":[""],"header_socials_color_hover":[""],"header_search_custom_style":[""],"header_search_icon_color":[""],"header_search_icon_color_hover":[""],"header_contact_info_style":[""],"header_contact_info_color":[""],"header_contact_info_link_color":[""],"header_contact_info_link_color_hover":[""],"header_button_custom_style":[""],"header_button_color":[""],"header_button_color_hover":[""],"header_button_bg":[""],"header_button_bg_hover":[""],"header_nav_menu_customize":[""],"header_nav_menu_link_color":[""],"header_nav_menu_link_color_hover":[""],"header_nav_menu_link_color_active":[""],"header_nav_menu_link_arrow_color":[""],"header_nav_menu_link_arrow_color_hover":[""],"header_nav_menu_level_1_bg":[""],"header_nav_menu_level_1_link_color":[""],"header_nav_menu_level_1_link_color_hover":[""],"header_nav_menu_level_1_link_bg_hover":[""],"header_nav_menu_level_1_link_arrow_color":[""],"header_nav_menu_level_1_link_arrow_color_hover":[""],"header_nav_menu_level_2_bg":[""],"header_nav_menu_level_2_link_color":[""],"header_nav_menu_level_2_link_color_hover":[""],"header_nav_menu_level_2_link_bg_hover":[""],"header_mega_menu_bg":[""],"header_mega_menu_title_color":[""],"header_mega_menu_title_color_hover":[""],"header_mega_menu_description_color":[""],"header_mega_menu_description_link_color":[""],"header_mega_menu_description_link_color_hover":[""],"header_mega_menu_color":[""],"header_mega_menu_color_hover":[""],"header_mega_menu_border_color":[""],"header_mega_menu_icons_color":[""],"header_nav_menu_customize_end":[""],"hfe_enabled_notice":[""],"disable_title_box":["default"],"hfe_disabled":[""],"enable_transparent":["default"],"title_box_title_bg_color":[""],"title_box_bg_custom_image":["default"],"title_box_bg_image":[""],"title_box_bg_position":["default"],"metabox_title_box_bg_position_x":[""],"metabox_title_box_bg_position_y":[""],"metabox_title_box_bg_attachment":["default"],"tit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