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.

Open Demat Account

Concord Enviro Systems Ltd. IPO Details

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

IPO Price

₹ 701

Price Band

₹ 665 - 701

Issue Size

500.33 Cr.

Issue Type

Book Built

Open

2024-12-19

Close

2024-12-23

Listing price

₹ 826

Listing Gain

17.83%

Listing Date

2024-12-27

CMP

₹ 258.1

Current Return

-63.18%

Concord Enviro Systems Ltd. News

Concord Enviro Systems’ arm secures Rs 16 crore order to install ZLD systems3 Jun 2026, 9:04AM Concord Enviro Systems’ arm secures Rs 126 crore order to install ZLD systems30 May 2026, 10:10AM Concord Enviro Systems informs about monitoring agency report15 May 2026, 3:51PM Concord Enviro Systems informs about updates23 Apr 2026, 4:00PM Concord Enviro Systems shines as its arm acquires stake in WaHa Inc23 Apr 2026, 2:06PM Concord Enviro Systems’ arm acquires stake in WaHa Inc23 Apr 2026, 12:59PM Concord Enviro Systems informs about investors’ presentation13 Feb 2026, 10:22AM Concord Enviro Systems’ arm acquires 100% stake in Pathak Utility 30 Sep 2025, 9:49AM Concord Enviro Sys. - Quaterly Results8 Aug 2025, 8:02PM Concord Enviro Sys. - Quaterly Results8 Aug 2025, 8:02PM Concord Enviro Systems informs about press release2 Jul 2025, 3:07PM Concord Enviro Systems informs about analyst meet11 Jun 2025, 5:32PM Concord Enviro Sys. - Quaterly Results24 May 2025, 9:03PM Concord Enviro Systems informs about board meeting 20 May 2025, 5:16PM Concord Enviro Systems’ arm incorporates wholly owned subsidiary in Kenya11 Apr 2025, 10:30AM Concord Enviro Systems informs about investors’ presentation14 Feb 2025, 9:12AM Concord Enviro Sys. - Quaterly Results13 Feb 2025, 10:02PM Concord Enviro Sys. - Quaterly Results13 Feb 2025, 10:02PM Concord Enviro Sys. - Quaterly Results17 Jan 2025, 9:01PM Concord Enviro Sys. - Quaterly Results17 Jan 2025, 9:01PM

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 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 3.14 3.53 3.79 38.97 56.58
Total Expenditure 3.05 5.78 15.36 40.45 55.86
Operating Profit 0.09 -2.26 -11.58 -1.48 0.72
Other Income 0.07 3.21 3.3 1.32 3.34
Interest 0.02 0.04 0.12 0.03 0.03
Depreciation 0.21 0.02 0.02 0.02 0.02
Exceptional Items 0 0 0 0 0
Profit Before Tax -0.07 0.89 -8.42 -0.21 4.02
Provision for Tax 0.17 -0.1 0.01 -2.53 0.89
Net Profit -0.24 0.99 -8.43 2.32 3.13
Adjusted EPS (Rs.) -0.28 1.16 -0.46 0.13 0.15

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 1.23 1.23 9.1 9.1 10.35
Total Reserves 100.06 48.52 32.06 34.37 197.97
Borrowings 0 0 0 0 0
Other N/C liabilities 0.01 1.19 0.61 0.41 2.38
Current liabilities 1.41 4.73 10.09 10.38 21.04
Total Liabilities 102.71 55.67 51.86 54.26 231.74
Assets
Net Block 1.04 1.02 1 0.97 0.95
Capital WIP 0 0 0 0 1.94
Intangible WIP 0 0 0 0 0
Investments 98.85 48.95 48.29 49.58 105.12
Loans & Advances 0.46 0 0.17 0.26 0.55
Other N/C Assets 0 0.04 0.03 0.02 30.37
Current Assets 2.35 5.67 2.37 3.43 92.81
Total Assets 102.71 55.67 51.86 54.26 231.74
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Other Income 2.42 6.72 2 1.83 3.96
Profit Before Tax 2.5 5.26 0.61 -0.01 6
Tax 0.62 1.31 -0.41 0.41 1.74
Profit After Tax 1.88 3.95 1.02 -0.42 4.26
Adjusted EPS (Rs) 0.91 1.91 0.49 -0.2 2.06

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2026 51.43 0
Dec 2025 51.43 0
Sep 2025 51.39 0
Jun 2025 51.39 0
Mar 2025 51.39 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -0.07 0.89 -8.42 -0.21 4.02
Adjustment 0.16 -3.15 -2.96 0.97 -2.94
Changes in Assets & Liabilities 0.71 -0.1 7.79 -0.67 -0.3
Tax Paid -0.19 0 -0.52 -0.09 -0.29
Operating Cash Flow 0.6 -2.37 -4.1 0.01 0.49
Investing Cash Flow -0.59 2.6 3.94 -0.01 -142.73
Financing Cash Flow 0 -0.03 -0.02 -0.01 162.08
Net Cash Flow 0.01 0.2 -0.19 -0.02 19.83
X