31 Mar 2022
Assets536.90
Total Income337.57
Profit After Tax16.48
NET Worth266.81
Reserves and Surplus261.12
Total Borrowing125.76
At a glance
Updated 2026-08-24The shares listed at ₹826.00, a 17.83% move from the issue price. Concord Enviro Systems is a Mainboard IPO with an issue size of ₹500.33 crore, proposed for listing on BSE, NSE. The offer opens on 19th Dec 2024 and closes on 23rd Dec 2024. The issue structure includes a fresh issue of ₹175.00 crore and an offer-for-sale component of ₹325.33 crore. The current listing schedule points to 27th Dec 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹500.33 Cr
Fresh issue₹175.00 Cr
Offer for sale₹325.33 Cr
Face value₹5
Price band₹665.00–₹701.00
Allotment24th Dec 2024
Listing27th Dec 2024
Listing performance
Full performance ↗Issue price₹701.00
Listing price₹826.00
Current price—
Listing gain17.83%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹138.00
GMP / upper price19.69%
Est. listing₹839.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens19th Dec 2024
Closes23rd Dec 2024
Allotment24th Dec 2024
Refund26th Dec 2024
Demat26th Dec 2024
Listing27th Dec 2024
Subscription demand
Full bidding ↗Total10.67×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 21 | ₹14,721 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Investment in the wholly owned Subsidiary, CEF for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for treatment of water, waste water and related membrane modules | ₹25.00 Cr |
| Investment in the wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (“RSSPL”) for financing its capital expenditure requirements for the brown field project to expand the manufacturing facilities, storage and supporting activities | ₹10.51 Cr |
| Funding capital expenditure requirements of the Company for purchase of plant and machinery | ₹3.21 Cr |
| Investment in the wholly owned Subsidiary, Concord Enviro FZE for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by CEF | ₹50.00 Cr |
| Investment in the wholly owned Subsidiary, CEF, for funding working capital requirements of CEF | ₹20.00 Cr |
| Investment in the joint venture, Roserve Enviro Private Limited to grow the pay per use/pay as you treat business | ₹10.00 Cr |
| Investment in technology and other growth initiatives for access to new markets^ | ₹23.50 Cr |
| General Corporate Purposes | ₹20.68 Cr |
Financials
Full financials ↗31 Mar 2023
Assets592.22
Total Income350.50
Profit After Tax5.49
NET Worth279.23
Reserves and Surplus258.64
Total Borrowing131.06
31 Mar 2024
Assets627.68
Total Income512.27
Profit After Tax41.44
NET Worth320.82
Reserves and Surplus303.09
Total Borrowing153.19
31 Aug 2024
Assets640.09
Total Income208.02
Profit After Tax0.52
NET Worth319.71
Reserves and Surplus300.59
Total Borrowing167.53
Trend chart₹ crore
KPIs
| KPI | Mar 31, 2024 |
|---|---|
| ROE | 13.73% |
| ROCE | 14.07% |
| Debt / Equity | 0.47% |
| RoNW | 12.92% |
| PAT Margin | 8.34% |
| Price to Book Value | 3.96 |
Valuation & shareholding
Pre-IPO EPS22.77
Post-IPO EPS0.60
Pre-IPO P/E30.79
Post-IPO P/E1171.52
Promoter holding pre60.93%
Promoter holding post51.39%
Market cap₹1450.81 Cr.
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the BRLMs and commissions (including underwriting commission, brokerage and selling commission) | ₹17.14 Cr |
| Commission/ processing fee for SCSBs and Bankers to the Offer and fees payable to the Sponsor Bank(s) for Bids made by UPI Bidders. Brokerage, selling commission and bidding charges for the members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹0.95 Cr |
| Fees payable to Registrar to the Offer | ₹0.16 Cr |
| Fees payable to the parties to the Offer | ₹6.01 Cr |
| Others: Listing fees, SEBI fees, BSE and NSE processing fees, book-building software fees, and other regulatory expenses | ₹4.78 Cr |
| Printing and stationery expenses | ₹1.25 Cr |
| Advertising and marketing expenses | ₹3.36 Cr |
| Miscellaneous | ₹1.66 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Motilal Oswal Investment Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.