Concord Enviro Systems IPO Description – Concord Enviro Systems is a leading global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology, based on revenue as of 31 March 2024. Concord Enviro Systems also delivers turnkey solutions, offering customized designs for systems and plants such as effluent treatment plants, anaerobic digestors, membrane bioreactors, sewage treatment plants, and membrane-based systems like ultrafiltration (UF), nanofiltration (NF), reverse osmosis (RO), desalination systems, and waste heat evaporators (WHE). Additionally, the company provides a full range of operation and maintenance (O&M) services, including the supply of consumables and spare parts, ensuring comprehensive support for its customers.
The company has a broad global reach, exporting to regions including North America, Latin America, Africa, the Middle East, and Southeast Asia. In Fiscal 2024, Concord Enviro Systems served over 353 domestic customers and 24 international clients across various industries, including pharmaceuticals, chemicals, food and beverages, defense and energy, automotive and auto ancillaries, steel, and textiles. The company operates in two countries with two manufacturing facilities—one in Vasai, Maharashtra, India, and the other in Sharjah, UAE.
As of 31 March 2024, Concord Enviro Systems employed 21 individuals dedicated to designing industry-specific membranes and developing new technologies and processes. The company’s Order Book stood at INR 4.63 billion, comprising 76.52% system and plant orders and 23.48% after-sales revenue, including consumables, spares, and O&M service orders.
Promoters of Concord Enviro Systems – Prayas Goel and Prerak Goel
Table of Contents
Concord Enviro Systems IPO Details
| Concord Enviro Systems IPO Dates | 19 – 23 December 2024 |
| Concord Enviro Systems Issue Price | Coming soon |
| Fresh issue | INR 175 crore |
| Offer For Sale | 46,40,888 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 5 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Concord Enviro Systems Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 329.37 | 343.22 | 496.86 |
| Expenses | 319.88 | 343.30 | 467.57 |
| Net income | 16.48 | 5.49 | 41.44 |
| Margin (%) | 5.00 | 1.60 | 8.34 |
Concord Enviro Systems Offer News
- Concord Enviro Systems RHP
- Concord Enviro Systems DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Concord Enviro Systems Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 9.05 | 3.01 | 22.77 |
| PE Ratio | – | – | – |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | 6.18 | 1.97 | 12.92 |
| NAV | 147.55 | 154.38 | 177.23 |
| ROCE (%) | 10.23 | 6.96 | 14.07 |
| EBITDA (%) | 18.65 | 14.45 | 16.33 |
| Debt/Equity | 0.47 | 0.47 | 0.47 |
Concord Enviro Systems IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
Concord Enviro Systems IPO Objectives
The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:
- Investment in the wholly owned subsidiary, Concord Enviro FZE for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for the treatment of water, wastewater, and related membrane modules (the U.A.E Project)
- Investment in the wholly owned subsidiary, Rochem Separation Systems (India) for financing its capital expenditure requirements for the brownfield project to expand the manufacturing facilities, storage, and supporting activities (the Vasai Project)
- Funding capital expenditure requirements of the company for the purchase of plant and machinery
- 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 Concord Enviro FZE
- Investment in the wholly owned subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE
- Investment in the joint venture, Roserve Enviro to grow the pay-per-use/pay-as-treat business
- Investment in technology and other growth initiatives for access to new markets
- General corporate purposes
Concord Enviro Systems – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| Concord Enviro Systems | – | 22.77 | 12.92 | 177.23 | 496.86 |
| Praj Industries | 50.42 | 15.42 | 22.24 | 69.35 | 3,509.78 |
| Ion Exchange (India) | 41.80 | 16.53 | 19.24 | 86.15 | 2,391.73 |
| Triveni Engineering | 24.99 | 18.05 | 13.80 | 132.51 | 5,220.09 |
Concord Enviro Systems IPO Subscription – Live Updates
Coming soon
Concord Enviro Systems IPO Allotment Status
Concord Enviro Systems IPO allotment status will be on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.
Concord Enviro Systems IPO Dates & Listing Performance
| IPO Opening Date | 19 December 2024 |
| IPO Closing Date | 23 December 2024 |
| Finalization of Basis of Allotment | 24 December 2024 |
| Initiation of refunds | 26 December 2024 |
| Transfer of shares to demat accounts | 26 December 2024 |
| Concord Enviro Systems IPO Listing Date | 27 December 2024 |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Concord Enviro Systems IPO Reviews – Subscribe or Avoid?
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Concord Enviro Systems Offer Lead Manager
EQUIRUS CAPITAL PRIVATE LIMITED
12th Floor, C Wing, Marathon Futurex,
N M Joshi Marg, Lower Parel,
Mumbai 400 013, Maharashtra
Phone: +91 (22) 4332 0735
Email:Â [email protected]
Website:Â www.equirus.com
Concord Enviro Systems Offer Registrar
LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone:Â +91 22 4918 6000
Email:Â [email protected]
Website:Â www.linkintime.co.in
Concord Enviro Systems Contact Details
CONCORD ENVIRO SYSTEMS LIMITED
101, HDIL Towers, Anant Kanekar Marg,
Bandra (East), Mumbai- 400051, Maharashtra
Phone:Â +91 (22) 6704 9000
Email: [email protected]
Website: www.concordenviro.in
Concord Enviro Systems IPO FAQs
How many shares in Concord Enviro Systems IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
How to apply for a Concord Enviro Systems Public Offer?
The best way to apply for Concord Enviro Systems public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is Concord Enviro Systems IPO GMP today?
Concord Enviro Systems IPO GMP today is INR NA per share.
What is Concord Enviro Systems kostak rate today?
Concord Enviro Systems kostak rate today is INR NA per application.
What is Concord Enviro Systems Subject to Sauda rate today?
Concord Enviro Systems Subject to Sauda rate today is INR NA per application.
