Concord Enviro Systems IPO GMP, Open Date, Price Band, Issue Size

Concord Enviro Systems IPO GMP will be available once the IPO is open for subscription. Concord Enviro Systems IPO open date is expected to be between mid-December 2024 and January 2025, the first week. This upcoming IPO is a book-built issue worth up to Rs 192.30 crore fresh issue equity shares and an offer for sale of up to 51.95 lakh equity shares.

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Concord Enviro Systems IPO GMP

Concord Enviro Systems IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription is starts. If the subscription got oversubscribed then Concord Enviro Systems IPO GMP will also rise.

Concord Enviro Systems IPO Open Date, Close Date

Concord Enviro Systems IPO open date and close date is expected to be mid December 2024 to first week of January 2025. However, as of now, the open and close date has not yet been finalised.

Concord Enviro Systems IPO Price Band

Concord Enviro Systems IPO price band will be available soon. The minimum amount of investment for the retail category is to be around Rs 14,900, and for small NII, the minimum investment will be around Rs 2,08,600.

Concord Enviro Systems IPO Issue Size

Concord Enviro Systems's IPO issue size is worth up to Rs 192.30 crore of fresh issue equity shares and offers for sale of up to 51.95 lakh equity shares. The total number of equity shares and the exact amount that will be issued in the Concord Enviro Systems IPO has not yet been disclosed.

Concord Enviro Systems IPO Allotment Status

Concord Enviro Systems IPO allotment status will be available once the IPO will be available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

Concord Enviro Systems IPO Listing Date

Concord Enviro Systems IPO's listing date will be available soon. The listing will be on BSE and NSE platforms. Retail investors can sell the shares after 10 AM on the listing day.

Concord Enviro Systems IPO: Listing Date, Lot Size, Price Band

Concord Enviro Systems Limited: About the Company

Concord Enviro Systems Limited, established in 1999, is a leading provider of innovative water and wastewater treatment solutions, specialising in Zero Liquid Discharge (ZLD) technology. Based in Mumbai, India, the company focuses on sustainable practices that address global water scarcity challenges.

With a commitment to energy-efficient solutions, Concord Enviro offers tailored systems for various industries, ensuring compliance with environmental standards. Their advanced technologies include reverse osmosis and plug-and-play models that can be deployed rapidly.

The firm has a strong international presence, exporting to over 16 countries and delivering more than 70 million litres of recycled wastewater daily. As a preferred partner for public sector projects, Concord Enviro is poised for growth in the expanding environmental solutions market.

Concord Enviro Systems IPO Objectives

Concord Enviro Systems IPO's objective is to utilise the Net Proceeds for various strategic initiatives. Rs 25 crore will be invested in the wholly owned subsidiary, CEF, to finance capital expenditure for developing an assembly unit for water and wastewater treatment systems.

Another Rs 10.51 crore will be allocated to the wholly owned subsidiary, RSSPL, to fund capital expenditure for expanding manufacturing facilities, storage, and supporting activities. The company will utilise Rs 3.23 crore to meet its capital expenditure requirements for purchasing plant and machinery.

Additionally, Rs 50 crore will be invested in Concord Enviro FZE to prepay or repay borrowings availed by CEF, while Rs 20 crore will be allocated to meet the working capital requirements of CEF. Furthermore, Rs 10 crore will be invested in the joint venture, Reserve Enviro Private Limited, to grow the pay-per-use/pay-as-you-treat business.

Another Rs 33.50 crore will be directed towards investment in technology and other growth initiatives to access new markets. The remaining funds will be utilised for general corporate purposes.

Concord Enviro Systems IPO: Key Dates, Allotment, Listing Date

Concord Enviro Systems IPO Subscription Details, IPO Reservation

Concord Enviro Systems IPO subscription details will be available soon. Concord Enviro Systems IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

Concord Enviro Systems IPO Lot Size Details

Concord Enviro Systems IPO lot size will be revealed soon. The minimum amount of investment for the retail category is to be around round Rs 14,900 and for small NII minimum investment will be around Rs 2,08,600.

Concord Enviro Systems IPO Promoter Holdings

Concord Enviro Systems IPO promoters are Prayas Goel And Prerak Goel. The promoters' shareholdings before the IPO were 100%; however, after the IPO, shareholdings will decline.

Concord Enviro Systems IPO Registrar

Concord Enviro Systems IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar website, select the name of the company and enter their PAN number or application ID to know their allotment status.

Concord Enviro Systems IPO Lead Managers

Concord Enviro Systems' IPO lead managers are Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited.

How to apply to Concord Enviro Systems IPO

Interested investors can apply to the Concord Enviro Systems IPO directly from the Bigul trading app by clicking here. Investors can also check the details of other upcoming IPO in Bigul.

Concord Enviro Systems IPO FAQ

1. What are the details of the Concord Enviro Systems IPO?

Concord Enviro Systems IPO is a book-built issue worth up to Rs 192.30 crore fresh issue equity shares and an offer for sale of up to 51.95 lakh equity shares.

2. When will the Concord Enviro Systems IPO open and close?

Concord Enviro Systems IPO open date is expected to be between mid-December 2024 to January 2025 first week. However, as of now the open and close date is not yet finalised.

3. What is Concord Enviro Systems IPO GMP?

Concord Enviro Systems IPO GMP quotation is not yet available. You can check the latest GMP price online and reliable GMP once the subscription is starts. If the subscription got oversubscribed then Concord Enviro Systems IPO GMP will also rise.

4. What are the details of Concord Enviro Systems IPO reservation?

Concord Enviro Systems IPO subscription details will be available soon. Concord Enviro Systems IPO reservation is as follows: not more than 50% of the offer is reserved for Qualified Institutional Buyers (QIBs), not less than 15% for Non-Institutional Investors (NIIs), and not less than 35% for retail investors is reserved.

5. Write the details of the IPO Allotment Status.

Concord Enviro Systems IPO allotment status will be available once the IPO will be available for subscription. The listing will be on the BSE and NSE platforms. The registrar of this IPO is Link Intime India Private Limited. Investors can check their allotment status after the subscription of the IPO ends.

6. Who is the registrar and lead managers for Concord Enviro Systems IPO?

Concord Enviro Systems IPO registrar is Link Intime India Private Limited. On the date of allotment, investors can click on the registrar's website, select the name of the company, and enter their PAN number or application ID to learn their allotment status. The lead managers are Concord Enviro Systems IPO lead managers are Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited.

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