Concord Enviro Systems Ltd. IPO

Concord Enviro IPO is a book-built issue worth Rs 500.33 crores, comprising a fresh issue of Rs 175.00 crores (0.25 crore shares) and an offer for sale of Rs 325.33 crores (0.46 crore shares). The IPO opens on December 19, 2024, and closes on December 23, 2024. The allotment will be finalized on December 24, 2024, and the tentative listing date is December 27, 2024, on BSE and NSE. The price band is Rs 665 to Rs 701 per share. Retail investors can invest a minimum of Rs 14,721 for 21 shares, while sNII and bNII investments start at Rs 2,06,094 and Rs 10,01,028, respectively.

RHP
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DRHP
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Open Date

2024-12-19

Close Date

2024-12-23

Concord Enviro Systems Ltd. IPO Details

Check out the issue details for Concord Enviro Systems Ltd. IPO as disclosed in SEBI.

Price Band

₹ 665 - 701

Issue Size

500.33 Cr.

Issue Type

Book Built

Open

2024-12-19

Close

2024-12-23

Listing Date

2024-12-27

Company Financials

You can get the following financial statements of Concord Enviro Systems Ltd. as of now.

Concord Enviro IPO Details

The details about the Concord Enviro IPO are as follows:

  • The issue size of the IPO is 500.33 Cr.
  • The price band for Concord Enviro IPO is Rs 665 to Rs 701.
  • The shares of Concord Enviro IPO will list on 27th December 2024.
  • The latest tentative GMP of Concord Enviro IPO is Rs 50.
  • The shares of Concord Enviro IPO are subscribed 10.67 Times.

 

Concord Enviro IPO Valuation

The approx valuation of Concord Enviro IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 701
Existing Shares (Qty) 1.81 Cr
Fresh Issue 175 Cr
Market Cap 1443.81 Cr
EPS (FY24) Rs 22.77
PE Ratio 30.78x
Industry PE 49.82x

 

Concord Enviro IPO Issue Size

Concord Enviro IPO issue size is 500.33 Cr.

Issue Amount
Fresh Issue 175 Cr
Offer For Sale 325.33 Cr

 

Concord Enviro IPO Market Lot

An individual can apply for a minimum of 1 lot of 21 shares and a maximum of 13 lots of 273 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 21 Rs 14,721
Maximum 13 273 Rs 1,91,373

 

Concord Enviro IPO Share Offer

The shares of Concord Enviro IPO are subscribed 10.67 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Concord Enviro IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 December 2024 Rs 50

Concord Enviro IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Concord Enviro IPO Dates

Find below the dates for Concord Enviro IPO

Schedule Date
Basis of Allotment 24 December 2024
Refunds 26 December 2024
Credit to Demat Account 26 December 2024
IPO Listing Date 27 December 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021
Net Sales 9.17 9.94 3.14
Total Expenditure 9.06 9.2 3.05
Operating Profit 0.11 0.74 0.09
Other Income 2.11 0.19 0.07
Interest 0.01 0 0.02
Depreciation 0.13 0.25 0.21
Exceptional Items 0 0 0
Profit Before Tax 2.07 0.68 -0.07
Provision for Tax 0.73 0.16 0.17
Net Profit 1.34 0.52 -0.24
Adjusted EPS (Rs.) 1.57 0.61 -0.28

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021
Equity and Liabilities
Share Capital 1.23 1.23 1.23
Total Reserves 99.78 100.3 100.06
Borrowings 0 0 0
Other N/C liabilities -0.07 -0.09 0.01
Current liabilities 2.43 3.58 1.41
Total Liabilities 103.37 105.02 102.71
Assets
Net Block 1.82 1.81 1.04
Capital WIP 0 0 0
Intangible WIP 0 0 0
Investments 92.48 98.85 98.85
Loans & Advances 4.34 0.48 0.46
Other N/C Assets 0 0 0
Current Assets 4.74 3.88 2.35
Total Assets 103.37 105.02 102.71
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021
Profit from operations 2.07 0.68 -0.07
Adjustment -1.6 0.06 0.16
Changes in Assets & Liabilities -0.69 4.67 0.71
Tax Paid -0.62 -0.04 -0.19
Operating Cash Flow -0.84 5.36 0.6
Investing Cash Flow 0.09 -5.37 -0.59
Financing Cash Flow 0 0 0
Net Cash Flow -0.75 0 0.01
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