Concord Control Systems IPO
Concord Control Systems is a BSE SME IPO listed on the BSE SME platform, priced at ₹53–₹55 per share. The stock debuted at ₹109.95, delivering a listing gain of 99.9%. The IPO had a lot size of ₹2000 shares and a minimum investment of ₹1,10,000.
Concord Control Systems Limited IPO
- IPO Dates
- Sep 27, 2022 – Sep 29, 2022
- Price band
- ₹53-55 per equity share
- Minimum Investment
- ₹1,10,000
- Issue size
- 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)
- Lot size
- 2000
- Allotment Date
- Oct 4, 2022
- Listing
- Oct 10, 2022
- Listing At
- BSE SME
IPO timeline
-
Sep 27, 2022
Open Date
Completed
-
Sep 29, 2022
Close Date
Completed
-
Oct 4, 2022
Allotment Date
Completed
-
Oct 10, 2022
Listing Date
Completed
Concord Control Systems IPO Essentials
Concord Control Systems IPO Details
Concord Control Systems IPO is priced at ₹53-55 per share with a total issue size of 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). The IPO has a lot size of 2000 shares and is listed on BSE SME.
- Issue price
- ₹53 to ₹55 per equity share
- Lot size
- 2000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 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
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Hem Securities Limited
Concord Control Systems IPO Analytics
Concord Control Systems IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Concord Control Systems IPO Subscription Status
Concord Control Systems IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| 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
Earnings
- EPS (Post IPO)
- ₹6.17/-
Returns
- RoNW
- 34.35%
Concord Control Systems Financials( In Lakhs)
| 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 |
Concord Control Systems Company & Offer Insights
About Concord Control Systems
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 are the company's promoters of Concord Control Systems.
Concord Control Systems IPO Issue Objectives
- •
- To meet working capital requirements.
- •
- General Corporate Purpose.
- •
- To meet issue expenses.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Concord Control Systems IPO is a book-built IPO worth ₹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). The price band is ₹53–₹55 per share. The IPO opens on Sep 27, 2022 and closes on Sep 29, 2022. It will be listed on BSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The price band of Concord Control Systems IPO is ₹53 to ₹55 per share.
The lot size of Concord Control Systems IPO is 2000 shares.
The minimum investment for Concord Control Systems IPO is approximately ₹1,10,000 based on the upper price band .
Concord Control Systems IPO opens on Sep 27, 2022 and closes on Sep 29, 2022.
The allotment date of Concord Control Systems IPO is Oct 4, 2022.
Concord Control Systems IPO is expected to be listed on Oct 10, 2022, on BSE SME Platform.
Concord Control Systems IPO valuation snapshot: P/E N/A, EPS ₹6.17/-, P/B N/A, RoNW 34.35%, and market cap N/A.
To apply for Concord Control Systems IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Concord Control Systems IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Concord Control Systems IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Concord Control Systems IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Concord Control Systems IPO allotment status on IPO Ji for quick and easy access.