Concord Enviro Systems IPO Announced to Open on 19th December: Check Issue Size, Price, and Reviews

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. 

The IPO will be listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange) on 27 December 2024. Before applying, explore the Concord Enviro IPO details. 

Concord Enviro IPO Details 

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. 

Concord Enviro IPO Allotment

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. 

*Note: Apply with proper details and for the minimum lot required to validate your application for Concord Enviro IPO allotment. 

About Concord Enviro Systems Ltd.

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. 

Financial of Concord Enviro Systems

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. 

*Data is updated as of 17th December 2024.

Technical Indicators of Concord Enviro Systems

*Data is updated as of 17th December 2024.

Concord Enviro Systems IPO Dates