Concord Enviro IPO

Concord Enviro Systems IPO

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Concord Enviro IPO Details

  • Open Date TBA
  • Close Date TBA
  • Lot Size -
  • IPO Size -
  • IPO Price Range -
  • Min Investment -
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

Concord Enviro IPO Synopsis

Concord Enviro Systems IPO is likely to open in 2024. The company offers industrial wastewater reuse and zero liquid discharge (ZLD) solutions. The IPO includes a fresh issue worth ₹175 cr. and an Offer-for-Sale (OFS) of 3,569,180 shares. The share allotment date and listing date are yet to be announced. The price band and the lot size are yet to be declared.    

DAM Capital Advisors Limited and Equirus Capital Private Limited are the book-running lead managers for this IPO, while Link Intime India Private Limited is the registrar. 

Objectives of Concord Enviro Systems IPO:

    • To invest in a Subsidiary, CEF about financing the construction of the Assembly Unit and working  capital requirements
    • Funding the working capital requirements of RSSPL 
    • Re-pay or prepay debt availed by the Company and its subsidiaries RSSPL, BWT and CEF
    • General corporate purposes

About Concord Enviro Systems

Concord Enviro Systems offers industrial wastewater reuse and zero-liquid discharge (ZLD) solutions. 

The company has an in-house position across the value chain including design, component manufacturing, installation and commissioning and operation and maintenance (O&M) which includes digitalization solutions like Internet of Things (“IoT”) technology for analysis of customer data.  

Peer Comparison
No listed peers.
 

Concord Enviro IPO Key Points

  • Strengths

        1. The company is all set to capitalise on opportunities in wastewater reuse and zero liquid discharge.
        2. It operates on backward integrated manufacturing facilities.
        3. The company enjoys a diversified customer base across industry sectors and geographies. 
        4. Experienced Promoters and Senior Management.

  • Risks

        1. The business is subject to environmental and workers’ health and safety laws and regulations.
        2. It has higher working capital requirements. 
        3. The company operates in a competitive environment. 
        4. It is highly dependent on a limited number of customers for revenue.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Concord Enviro IPO FAQs

How to apply for the Concord Enviro Systems IPO?

To apply for Concord Enviro Systems IPO, follow the steps given below
    • Login to your 5paisa account and select the issue in the current IPO section    
    • Enter the number of lots and the price at which you wish to apply for the Concord Enviro Systems Limited IPO.    
    • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    
You will receive a mandate notification to block funds in your UPI app.

Who are the book runners for the Concord Enviro Systems IPO?

DAM Capital Advisors Limited and Equirus Capital Private Limited are the book-running lead managers for Concord Enviro Systems IPO.

What is the objective of Concord Enviro Systems issue?

Concord Enviro Systems plans to utilize the raised capital from the IPO to:

    1. To invest in a Subsidiary, CEF about financing the construction of the Assembly Unit and working  capital requirements
    2. Funding the working capital requirements of RSSPL 
    3. Re-pay or prepay debt availed by the Company and its subsidiaries RSSPL, BWT and CEF
    4. General corporate purposes

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