Concord Enviro Systems IPO Date, Price, GMP, Review, Details

Concord Enviro Systems IPO Details

Concord Enviro Systems IPO Prospectus:

Checkout the Concord Enviro Systems IPO Prospectus of DRHP and RHP file.

Concord Enviro Systems IPO Dates Timeline

Concord Enviro Systems IPO Market Lot

Concord Enviro Systems IPO GMP*

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About Concord Enviro Systems

Concord Enviro Systems Limited was founded in July 1999 and started a business of water provider and reuse of wastewater so that it could be used for other purposes with zero-liquid discharge (ZLD) technology to ensure water is no longer wastewater. Moreover, they believed in customer satisfaction and built long-term relationships in business. They have 353 national and 24 international customers including various industries such as pharmaceuticals, chemicals, food and beverage, defense and energy, automotive and auto ancillaries, steel, and textiles. Further, this company works in two countries with two manufacturing facilities one in Vasai, Maharashtra, India, and the other in Sharjah, UAE. It is noticeable that the company’s revenue has increased from 2022 to 2024 raising INR 329.37 crores to INR 496.86 crores and the net income of 2024 is also satisfactory INR 41.44 crores.

Concord Enviro Systems IPO Strengths

• Market leadership in ZLD technology in India, well placed to harness global industry opportunities
• Integrated solutions provider supported by backward integrated manufacturing facilities
• Established presence in international markets
• Diversified customer base across multiple industries and geographies
  

Objects of the IPO Issue

1. Investment in the wholly owned Subsidiary, Concord Enviro FZE (“CEF”) for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for
2. he treatment of water, wastewater and related membrane modules (the “U.A.E Project”);
3. Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (“RSSPL”), for financing its capital expenditure requirements for the brownfield project to expand the manufacturing facilities, storage and supporting activities (the “Vasai Project”);
4. Funding capital expenditure requirements of the Company for the purchase of plant and machinery;
5. Investment in our 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;
6. Investment in the wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE;
7. Investment in the joint venture, Reserve Enviro Private Limited, to grow our pay-per-use/pay-as-you-treat business;
8. Investment in technology and other growth initiatives to access new markets; and
   
   

Concord Enviro Systems Company Financial Report

The company reported revenue of ₹512.27 crores in 2024 against ₹350.50  crores in 2023. The company reported a profit of ₹41.44 crores in 2024 against a Profit of ₹5.49 crores in 2023.

Amount ₹ in Crores

Concord Enviro Systems IPO Valuation – Key Performance Indicator

KPI as of March 31, 2024.

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

Concord Enviro Systems IPO allotment status noq on Link Intime website. Click on Link Intime IPO weblink to get allotment status.

Concord Enviro Systems IPO FAQs