
Environmental Services & Engineering · NSE / BSE
Concord Enviro Systems Limited, established in July 1999, is a global provider of advanced water and wastewater treatment and reuse solutions, with a strong focus on zero-liquid discharge (ZLD) systems. The company delivers end-to-end services—from design, manufacturing, and installation to operation, maintenance, and IoT-enabled digital monitoring—serving industries such as pharmaceuticals, chemicals, food and beverage, and textiles. With two manufacturing facilities in India and the UAE, Concord Enviro supports a worldwide client base of 377 customers across North America, Latin America, Africa, the Middle East, and Southeast Asia. The company is known for executing major ZLD and sustainability-focused projects for multinational clients, including Diageo Mexico and others in Mexico and the United States. Its in-house R&D team, comprising 21 specialists as of March 31, 2024, drives innovation in water treatment and energy-efficient solutions.
Price Band
₹665 – ₹701
Issue Size
₹175 Cr
Lot Size
21 shares
GMP
+19.7%
Est. Listing
₹839
at current GMP
Subscribed
10.72x
overall
Open
19 Dec 2024
Close
23 Dec 2024
Allotment
24 Dec 2024
Refund
25 Dec 2024
Demat Credit
26 Dec 2024
Listing
27 Dec 2024
Designated Registrar: Link Intime India Private Limited
Allotment Date
24 Dec 2024
Basis finalization
Refunds Initiate
25 Dec 2024
Mandate release
Demat Credit
26 Dec 2024
Shares in demat
Listing Debut
27 Dec 2024
Trading begins
Concord Enviro Systems Limited is bringing an initial public offering (IPO) in the Environmental Services & Engineering sector with an aggregate issue size of ₹175 Crores. The shares are offered at a price band of ₹665 to ₹701 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-12-23, the basis of allotment is scheduled to be finalized on 2024-12-24. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.