Company Name | Concord Enviro Systems Limited |
Open Date | 19-12-2024 |
Close Date | 23-12-2024 |
Exchange | BSE, NSE |
Lot Size | 21 Shares |
Issue Price | ₹665 to ₹701 per share |
Issue Size | 71,37,321 shares |
Application Amount | ₹ 14,721 – ₹ 1,91,373 (21 to 273 shares) |
Recommendation | Neutral |
Incorporation: Concord Enviro Systems Limited was
originally incorporated on July 01, 1999. The
company has its registered office in Mumbai,
Maharashtra, India.
▪ Business Activity: The company is a provider of
water and wastewater treatment and reuse solutions,
including zero liquid discharge (“ZLD”) technology.
▪ Revenue Model: The company generates revenue
through i) Sale of systems and plants ii) Operations
and maintenance of installed plants iii) Supplying
consumables and spares for installed plants.
▪ Human Resource: The company had 1,141
employees as of August 31, 2024.
KPI’s | FY 22 | FY 23 | FY 24 |
Revenue | 329.37 | 343.22 | 496.86 |
EBITDA | 54.32 | 43.36 | 68.25 |
Net Profit | 16.48 | 5.49 | 41.44 |
RoCE | 8.30% | 5.48% | 12.93% |
ROE | 6.14% | 1.95% | 12.85% |
P/E | 77.46 | 232.89 | 30.79 |
Opening Date | 19/12/2024 |
Closing Date | 23-12-2024 |
Basis of Allotment | 24-12-2024 |
Initiation of Refunds | 26-12-2024 |
Credit of Shares to Demat | 26-12-2024 |
Listing Date | 27-12-2024 |
nvestment in the wholly owned Subsidiary CEF, and Rochem Separation Systems (India) Private Limited financing its capital expenditure requirements. |
Funding capital expenditure requirements of the Company for purchase of plant and machinery |
Investment in the wholly owned Subsidiary, Concord Enviro FZE for prepayment or repayment of outstanding borrowings. |
▪ Investment in the wholly owned Subsidiary, CEF, for funding working capital requirements |
Investment in the joint venture, Roserve Enviro Private Limited and Investment in technology and other growth initiatives for access to new markets. |
General Corporate Purposes and Offer For Sale |
Registered Office | Concord Enviro Systems Limited 101, HDIL Towers, nant Kanekar Marg, Bandra (East), Mumbai-400051 |
Phone | +912267049000 |
cs@concordenviro.in | |
Website | https://www.concordenviro.in/ |
Name | Link Intime India Private Limited |
Phone | +91-22-4918 6270 |
concordenviro.ipo@linkintime.co.in | |
Website | https://linkintime.co.in/Initial_Offer/public-issues.html |
QIB Shares Offered | Not more than 50% of the Net offer |
Retail Shares Offered | Not less than 35% of the Net Issue |
NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Share Holding Pre Issue (Promoters) | 60.93% |
Share Holding Post Issue (Promoters) | 51.39% |