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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Concord Enviro Systems Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹701
Per ShareLot Size
21 Shares
Minimum Investment
₹14,721
Issue Size
₹500.33 Cr
Face Value
₹5
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
60.93%
Promoter Holding (Post-Issue)
51.39%
Issue Type
Book Building
ISIN
INE037Z01029
We are a provider of water and wastewater treatment and reuse solutions, including zero liquid discharge ("ZLD") technology. ZLD systems are wastewater treatment solutions designed to recycle and recover clean water from industrial effluents, leaving behind solid waste or residue. We have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operations and maintenance ("O&M") and digitalization solutions including IoT. The sources through which we generate our revenue include (i) sale of systems and plants (ii) operations and maintenance of installed plants, and (iii) supplying consumables and spares for installed plants. Our reach extends to diverse regions with exports to countries in North America, Latin America, Africa, the Middle East, and Southeast Asia, serving 310 and 377 customers worldwide as of August 31, 2024 and March 31, 2024, respectively.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 7,137,321* equity shares of face value of Rs. 5 each ("Equity Shares") of the company for cash at a price of Rs. 701 per equity share (including a share premium of Rs. 696 per equity share) ("Offer Price") aggregating to Rs. 500.33 crores (the "Offer") comprising a fresh issue of 2,496,433* equity shares of face value of Rs. 5 each aggregating to Rs. 175.00 crores by the company ("Fresh Issue") and an offer for sale of 4,640,888* equity shares of face value of Rs. 5 each ("The Offered Shares") comprising of to 4,186,368* equity shares by AF Holdings, 150,600 equity shares by Prayas Goel, 150,500* equity shares by Prerak Goel, 29,500* equity shares by Namrata Goel, 31,500* equity shares by Nidhi Goel and 92,420* equity shares by Pushpa Goel aggregating to Rs. 325.33* crores (the "Selling Shareholders" and such offer, the "Offer for Sale"). The offer will constitute 34.49% of the post-offer paid up equity share capital of the company. The face value of the equity share is Rs. 5 each and the offer price is 140.20 times the face value of the equity shares. *Subject to finalisation of the basis of the allotment
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Industrial water and wastewater management encompasses sourcing chemicals, treatment agents, and equipment, along with managing water sources. It involves treating raw water and wastewater through various processes. Wastewater treatment aims to convert wastewater into environmentally suitable effluent, meeting national and international standards for returning to the water cycle. The industrial wastewater treatment market serves a variety of end-users, such as refineries, chemicals, power, textiles, and pharmaceuticals sectors. Similarly, industries suppliers are suppliers providing products like pumps, piping, electrical and instrumentation systems, control systems and membranes while our participants are EPC Companies, design consultants and system integrators.
Our Company was originally incorporated as "Concord Enviro Systems Private Limited" under the provisions of the Companies Act, 1956 pursuant to a certificate of incorporation dated July 1, 1999, issued by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). The name of our Company was subsequently changed to "Concord Enviro Systems Limited", upon conversion into a public company, pursuant to a board resolution dated May 23, 2022, and a shareholders' resolution dated May 25, 2022, and a fresh certificate of incorporation was issued by the RoC consequent upon change of name on conversion to public limited company on June 9, 2022.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.