Concord Control Systems Limited IPO
BSE SMEListed On: Oct 10, 2022 at ₹ 109.95
₹ 220000 /4000 Shares
*Min Investment
27 Sep, 2022
Open Date29 Sep, 2022
Close Date04 Oct, 2022
Allotment Date10 Oct, 2022
Listing DateConcord Control Systems IPO Issue Details
- Issue Price ₹53 to ₹55 per equity share
- Face Value ₹10 Per Equity Share
- Issue Price 1,532,000 shares of ₹10 (aggregating up to ₹8.31 Cr)
#Fresh Issue: 1,532,000 shares of ₹10 (aggregating up to ₹8.31 Cr) - Listing at BSE SME
- List Price 109.95
- Listing Date 2022-10-10
- Lead Manager Hem Securities Limited
- Registrar Bigshare Services Pvt Ltd
Concord Control Systems IPO Details
- Retail Portion N/A
Concord Control Systems IPO Details
Concord Control Systems Limited IPO is an SME IPO, priced at ₹53 to ₹55 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform.
The IPO bidding window is open from Sep 27, 2022 to Sep 29, 2022. The allotment is expected to be finalized on Oct 4, 2022, and the tentative listing date is Oct 10, 2022.
The registrar of the IPO is Bigshare Services Pvt Ltd, and
Concord Control Systems IPO Subscription Analysis And Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,88,000 / 2,94,000 | 5,02,000 | 10,84,000 |
Day 1 27-09-22 06:00 PM | 1.00 / 3.57 x | 24.68 x | 12.66 x |
Day 2 28-09-22 06:00 PM | 5.72 / 24.67 x | 103.20 x | 56.0 x |
Day 3 29-09-22 06:00 PM | 37.75 / 205.79 x | 423.70 x | 262.06 x |
Concord Control Systems Valuations
Concord Control Systems Company Financials
| 30-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
|---|---|---|---|
| Assets | 1467.22 | 1251.35 | 838.01 |
| Revenue | 3173.54 | 1760.91 | 1589.25 |
| Profit After Tax | 258.99 | 143.21 | 104.57 |
About Concord Control Systems Company
Concord Control Systems Limited is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors. The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in the electrification of coaches and broad gauge network of Indian Railways like Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine.
Concord Control Systems Limited is an approved vendor by Research Design and Standards Organisation ("RDSO") to manufacture and supply these products for the Indian Railways.
Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with a total size admeasuring over 1880 sq. Mtrs.
The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more.
Concord Control Systems - Promoter(s)
Mr. Nitin Jain
Mr. Gaurav Lath
Pre Issue Share Holding : 100%
Post Issue Share Holding : N/A%
Concord Control Systems IPO - Issue Objectives
To meet working capital requirements.
General Corporate Purpose.
To meet issue expenses.
Concord Control Systems IPO - FAQs
Ans. Concord Control Systems Limited IPO is a SME IPO. The issue is priced at ₹53 to ₹55 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Sep 27, 2022, and closes on Sep 29, 2022. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Concord Control Systems Limited IPO opens on Sep 27, 2022 and closes on Sep 29, 2022.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Concord Control Systems Limited IPO is 1,532,000 shares of ₹10 (aggregating up to ₹8.31 Cr) #Fresh Issue: 1,532,000 shares of ₹10 (aggregating up to ₹8.31 Cr).
Ans. The Concord Control Systems Limited IPO price band is set between ₹53 to ₹55 per equity share.
Ans. To apply for Concord Control Systems Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Concord Control Systems Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Concord Control Systems Limited IPO is Oct 4, 2022.
Ans. The Concord Control Systems Limited IPO will be listed on Oct 10, 2022.
Ans. Follow the steps to check the Concord Control Systems Limited IPO allotment status online.
