Concord Enviro Systems Limited

Company Profile
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.

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Financial Summary in Cr

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

Tentative Timeline

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

Objects of the Issue

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

Contact Information

Registered Office Concord Enviro Systems Limited 101, HDIL Towers, nant Kanekar Marg, Bandra (East), Mumbai-400051
Phone +912267049000
Email cs@concordenviro.in
Website https://www.concordenviro.in/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email concordenviro.ipo@linkintime.co.in
Website https://linkintime.co.in/Initial_Offer/public-issues.html

IPO Reservation

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

Shareholding Pattern

Share Holding Pre Issue (Promoters) 60.93%
Share Holding Post Issue (Promoters) 51.39%

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