17-Dec-2024
2 mins read
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Concord Enviro IPO Price Band
Concord Enviro IPO price band is Rs 665 to Rs 701 per share. The minimum amount of investment for the retail category is expected to be around Rs 14,721 and for small NII minimum investment is to be around Rs 2,06,094. The minimum investment for the Big NII is to be around Rs 10,01,028.
Concord Enviro IPO FAQ
1. What are the details of the Concord Enviro IPO?
Concord Enviro IPO is a book-built issue of Rs 500.33 crore. This upcoming IPO is a combination of fresh issue and offer-for-sale. The fresh issue is of Rs 175 crore and OFS is of Rs 325.33 crore.
2. When will the Concord Enviro IPO open and close?
Concord Enviro IPO open date is Thursday, 19 December 2024 and closing date is Monday, 23 December 2024. Initiation of refund date is 26 December 2024 and credit of shares will be on 26 December 2024.
3. What is Concord Enviro IPO GMP?
Concord Enviro IPO GMP is around Rs 57 per share. The grey market premium quotation indicates huge interest of retail investors. You can check the latest GMP price online from the first day of subscription. If the subscription got oversubscribed then Concord Enviro IPO GMP might rise in the coming days.
4. What are the details of Concord Enviro IPO reservation?
Concord Enviro IPO subscription status will be available after the IPO opens on 19 December 2024. In the QIB category, 50% of the net offer is reserved. The remaining 35% is reserved for retail investors, and 15% is for Non-Institutional investors.
5. Write the details of the IPO Allotment Status?
Concord Enviro IPO allotment status will be finalised on Tuesday, 24 December 2024. The listing will be on the BSE and NSE platforms on Wednesday 18 December, 2024. 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 IPO?
Concord Enviro IPO registrar is Link Intime India Private Limited. On the date of allotment, Investors can click on the registrar's website and select the name of the company and enter PAN number or application ID to know their allotment status. The lead managers are Motilal Oswal Investment Advisors Limited, Equirus Capital Private Limited.
What is an IPO Price Band?
IPO price band is the price range of the upcoming IPO set by the issuing company after consulting investment banks handling the IPO. Within the price band, investors can bid for the shares during the IPO bidding time.
The IPO price band is set based on factors like market conditions, industry trends and company valuation. The IPO price bands include a floor price (minimum bid price) and a cap price (maximum bid price).
Investors submit the IPO bids within this IPO range during the IPO subscription period. The final issue price is determined through a process called book-building, where the company anticipates the investors demand. The IPO price band is important for investors and for ensuring a successful IPO launch.