Concord Enviro Systems IPO
Concord Enviro Systems IPO is listed on BSE and NSE, priced at ₹665–₹701 per share. The stock debuted at ₹826, delivering a listing gain of 17.8%. The IPO had a lot size of ₹21 shares and a minimum investment of ₹14,721.
Concord Enviro Systems Limited IPO
- IPO Dates
- Dec 19, 2024 – Dec 23, 2024
- Price band
- ₹665-701 per equity share
- Minimum Investment
- ₹14,721
- Issue size
- ₹500.33 Cr
- Lot size
- 21
- Allotment Date
- Dec 24, 2024
- Listing
- Dec 27, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Dec 19, 2024
Open Date
Completed
-
Dec 23, 2024
Close Date
Completed
-
Dec 24, 2024
Allotment Date
Completed
-
Dec 27, 2024
Listing Date
Completed
Price Summary
- Last closing
- 291.15 (-58.47%)
- 52 week high
- 659.90
- 52 week low
- 235.00
- Last update
Concord Enviro Systems IPO Essentials
Concord Enviro Systems IPO Details
Concord Enviro Systems IPO is priced at ₹665-701 per share with a total issue size of 500.33 crore. The IPO has a lot size of 21 shares and is listed on BSE and NSE.
- Issue price
- ₹665-701 per equity share
- Lot size
- 21 shares
- Face value
- ₹5 Per Equity Share
- Issue size
- Total ₹500.33 Cr :
#Fresh Issue : 24,96,433 shares(aggregating up to ₹175.00 Cr) +
#OFS : 46,40,888 shares of ₹5(aggregating up to ₹325.33 Cr) - Total issue size
- 71,37,321 shares
(aggregating up to ₹500.33 crore) - Fresh issue
- 24,96,433 shares
(aggregating up to ₹175 crore) - Offer for sale (OFS)
- 46,40,888 shares
(aggregating up to ₹325.33 crore) - Listing at
- BSE, NSE
- List price
- 826.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Motilal Oswal Investment Advisors Limited, Equirus Capital Private Limited
Market Lot Size
Investors can bid for a minimum of 21 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 21 | ₹14,721 |
| Retail(max) | 13 | 273 | ₹1,91,373 |
Concord Enviro Systems IPO Reservation
Concord Enviro Systems IPO reservation details show category-wise allocation of shares. Out of the total 71,56,551 shares, approximately 19.27% are reserved for QIB, 15.24% for NII, 35.57% for retail investors, and 29.92% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 21,41,195 (29.92%) | |
| QIB Shares Offered | 13,79,122 (19.27%) | |
| NII (HNI) Shares Offered | 10,90,870 (15.24%) | |
| bHNI > ₹10L | 7,27,247 (10.16%) | 2,473 |
| sHNI < ₹10L | 3,63,623 (5.08%) | 1,236 |
| Retail Shares Offered | 25,45,364 (35.57%) | 1,21,207 |
| Total Shares Offered | 71,56,551 (100%) |
Concord Enviro Systems IPO Analytics
Concord Enviro Systems IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Concord Enviro Systems IPO Subscription Status
Concord Enviro 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
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 13,79,122 |
10,90,870
7,27,247
3,63,623
|
25,45,364 | 50,15,356 |
|
Day 1
19-12-24 05:00 PM
|
0.00 x |
0.35x
0.16x
0.73x
|
1.02 x | 0.59 x |
|
Day 2
20-12-24 05:00 PM
|
0.01 x |
1.01x
0.52x
1.99x
|
2.01 x | 1.24 x |
|
Day 3
23-12-24 05:00 PM
|
17.32 x |
14.19x
14.09x
14.38x
|
5.53 x | 10.66 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 6,01,806 (Approx) | —x | —x | 4.85x |
Concord Enviro Systems Valuations
Earnings
- EPS Pre IPO
- 22.77
- EPS Post IPO
- 0.60
- P/E Pre IPO
- 30.79
Returns
- ROE
- 13.73%
- ROCE
- 14.07%
- RoNW
- 12.92%
- PAT Margin
- 8.34
Fundamentals
- Debt / Equity
- 0.47
- Price / Book
- 3.96
Concord Enviro Systems Financials( In Crs.)
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Assets | 627.68 | 592.22 | 536.9 |
| Revenue | 512.27 | 350.5 | 337.57 |
| Profit After Tax | 41.44 | 5.49 | 16.48 |
| Net Worth | 320.82 | 279.23 | 266.81 |
| Reserves & Surplus | 303.09 | 258.64 | 261.12 |
| Total Borrowing | 153.19 | 131.06 | 125.76 |
Concord Enviro Systems Company & Offer Insights
About Concord Enviro Systems
Established in the year 1999, Concord Enviro Systems Limited is a global leader in Zero Liquid Discharge (ZLD) technology and water and wastewater treatment solutions. The company offers complete end-to-end services ranging from design to manufacturing to O&M and IoT-driven digitalization to help industries meet sustainability and water conservation goals.
With a diversified customer base of 377 clients in pharmaceuticals, chemicals, food & beverage, and more, Concord Enviro operates in North America, Africa, the Middle East, and Asia, serving clients like Grasim Industries, LANXESS India, and Diageo Mexico Operaciones.
Its sophisticated Indian and UAE manufacturing facilities are driven by a talented R&D team that will ensure innovative, energy-efficient solutions. As one of the market leaders in ZLD technology, Concord Enviro is well-equipped to seize global opportunities with growing demand for sustainable water management.
Concord Enviro Systems Promoter(s)
Prayas Goel, Prerak Goel are the company's promoters of Concord Enviro Systems.
Concord Enviro Systems IPO Issue Objectives
- •
- Investment in the wholly owned Subsidiary, Concord Enviro FZE (“CEF”) for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for the treatment of water, wastewater and related membrane modules (the U.A.E Project)
- •
- Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (RSSPL), for financing its capital expenditure requirements for the brownfield project to expand the manufacturing facilities, storage and supporting activities (the Vasai Project)
- •
- Funding capital expenditure requirements of the Company for the purchase of plant and machinery
- •
- Investment in our wholly owned Subsidiary, Concord Enviro FZE, for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Concord Enviro FZE
- •
- Investment in the wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE
- •
- Investment in the joint venture, Reserve Enviro Private Limited, to grow our pay-per-use/pay-as-you-treat business
- •
- Investment in technology and other growth initiatives to access new markets
- •
- General corporate purposes. (collectively, referred to herein as Objects)
Concord Enviro Systems IPO - Anchor Investors
Concord Enviro Systems IPO: Institutional investors pick Rs 150 crore shares via anchor book.
Domestic institutional investors including ICICI Prudential Mutual Fund, Kotak Mahindra AMC, Bandhan Mutual Fund, Invesco India, PGIM India, and LIC Mutual Fund picked 14.55 lakh shares worth Rs 102.04 crore in Concord.
Among others, Morgan Stanley, Societe Generale, Meru Investment Fund, SBI General Insurance, Winro Commercial, LC Pharos Multi Strategy Fund, and BNP Paribas Financial Markets bought 6.85 lakh shares worth Rs 48.05 crore in the company.
Concord Enviro Systems IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Concord Enviro Systems Limited | 22.77 | 22.77 | 177.23 | N/A | 12.92 | N/A | Consolidated |
| Praj Industries Ltd. | 15.42 | 15.42 | 69.35 | 51.39 | 22.24 | 7.71 | Consolidated |
| Ion Exchange (India) Ltd. | 16.53 | 16.53 | 86.15 | 43.28 | 19.24 | 5.9 | Consolidated |
| Triveni Engineering & Industries Ltd. | 18.05 | 18.05 | 132.51 | 24.86 | 13.8 | 2.35 | Consolidated |
| Va Tech Wabag Ltd. | 39.49 | 39.49 | 235.96 | 48.28 | 15.04 | 3.24 | Consolidated |
| Thermax Ltd. | 57.28 | 57.28 | 314.96 | 81.3 | 14.8 | 13.35 | Consolidated |
Notes:
- Total income (for the year ended March 31, 2024) includes Revenue from Operations and Other income (net).
- P/E has been computed as market cap as of December 6, 2024 divided by net profit for the year ended March 31, 2024.
- Return on Net Worth (%) = Net Profit after tax attributable to owners of the parent for the year ended March 31, 2024 / Net worth at the end of the year.
- Net worth has been calculated as the sum of equity share capital and other equity, excluding capital reserve, amalgamation reserve and non-controlling interest.
- Net Asset Value per Equity Share = Net Asset Value/ Number of equity shares outstanding at the end of the year.
Concord Enviro Systems IPO - Strengths and Risks
Concord Enviro Systems IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Concord Enviro Systems
+912267049000
101, HDIL Towers, nant Kanekar Marg, Bandra (East), Mumbai-400051
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Concord Enviro Systems IPO is a book-built IPO worth ₹500.33 crore. The price band is ₹665–₹701 per share. The IPO opens on Dec 19, 2024 and closes on Dec 23, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Concord Enviro Systems IPO is ₹665 to ₹701 per share.
The lot size of Concord Enviro Systems IPO is 21 shares.
The minimum investment for Concord Enviro Systems IPO is approximately ₹14,721 based on the upper price band .
Concord Enviro Systems IPO opens on Dec 19, 2024 and closes on Dec 23, 2024.
The allotment date of Concord Enviro Systems IPO is Dec 24, 2024.
Concord Enviro Systems IPO is expected to be listed on Dec 27, 2024, on BSE and NSE .
Concord Enviro Systems IPO listed on Dec 27, 2024. It was issued at ₹826.0(NSE) and is currently around ₹291.15 as on 14-May-2026 3:30 PM, which is approximately -58.5% versus issue price. The 52-week high is ₹659.90.
Based on listing and post-listing performance, Concord Enviro Systems IPO delivered around -58.5% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Concord Enviro Systems IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Concord Enviro Systems IPO valuation snapshot: P/E N/A, EPS 0.60, P/B 3.96, RoNW 12.92%, and market cap N/A.
To apply for Concord Enviro 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 Enviro 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 Enviro Systems IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Concord Enviro 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 Enviro Systems IPO allotment status on IPO Ji for quick and easy access.