Concord Control Systems Limited

Company Profile
Company Name Concord Control Systems Limited
Open Date 27-09-2022
Close Date 29-09-2022
Exchange BSE SME
Lot Size 2000 Shares
Issue Price ₹ 53-55 per share
Issue Size 15,12,000 Equity Shares
Application Amount ₹ 1,10,000
Recommendation Apply
Company was incorporated in the year 2011 in Kanpur and has been engaged in providing products and services related to coach productions and electrifications to the Indian Railways and other contractors. The company has 2 manufacturing units in Uttar Pradesh. The Unit 2 has recently started in 2022 for which the lease starts from July 1st 2022.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-21 Mar-20
Total Assets 1467.22 1251.35 838.01
Net Assets 754.24 495.47 350.58
Total Borrowings 315.89 323.40 221.05
Total Revenue 3173.54 1760.91 1589.25
Profit After Tax 258.99 143.21 104.57

Tentative Timeline

Opening Date 27-09-2022
Closing Date 29-09-2022
Basis of Allotment 04-10-2022
Initiation of Refunds 06-10-2022
Credit of Shares to Demat 07-10-2022
Listing Date 10-10-2022

Objects of the Issue

To meet working capital requirements
General Corporate Purpose
To meet issue expenses

Contact Information

Registered Office Concord Control Systems Limited G-36 U.P.S.I.D.C, Industrial Area, Deva Road, Chinhat, Lucknow-226019
Phone +91-78000 08745

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Anchor Investor Shares Offered 4,28,000 (22.06%)
Market Maker Shares Offered 78,000 (4.02%)
QIB Shares Offered 7,16,000 (36.91%)
NII (HNI) Shares Offered 2,16,000 (11.13%)
Retail Shares Offered 5,02,000 (25.88%)
Total Shares Offered 19,40,000 (100%)

Shareholding Pattern

Pre Issue Share Holding (Promoters) 100%
Post Issue Share Holding (Promoters) 73.53%

Contact Us to Enable Your Success!