What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the estimated listing price for Concord Enviro Systems Limited IPO?

Based on the upper price band of ₹701 and current GMP of ₹138, the estimated listing price is ₹839 (approx. 19.7% gain).

What is the expected profit per lot for Concord Enviro Systems Limited IPO?

With a lot size of 21 shares and current GMP of ₹138, expected profit per retail application lot is approximately ₹2,898.

IPO GreyPremiumLIVE

Grey Market Intelligence

Concord Enviro Systems Limited

ListedMainboard

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

₹138

+19.7%

Est. Listing

₹839

at current GMP

Subscribed

10.72x

overall

Open

19 Dec 2024

23 Dec 2024

Allotment

24 Dec 2024

Refund

25 Dec 2024

Demat Credit

26 Dec 2024

Listing

27 Dec 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Live Grey Market Premium

Concord Enviro Systems Limited GMP Today

Last updated: 19 Oct 2026

Current Premium

₹138+19.7%

Issue Price (Upper)

₹701

Band: ₹665 – ₹701

Estimated Listing Price

₹839

Upper price + GMP

Lot Size

21 shares

Min investment ₹14,721

Date	GMP (₹)	GMP %	Est. Listing
31 Oct 2026	+₹138	19.7%	₹839
30 Oct 2026	+₹138	19.7%	₹839
29 Oct 2026	+₹124	17.7%	₹825

About Concord Enviro Systems Limited Public Issue & Market Profile

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.

Public Issue & Pricing Context:

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.

Basis of Allotment & Listing Timeline:

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.

Frequently Asked Questions

What is Concord Enviro Systems Limited IPO GMP today?

The latest grey market premium for Concord Enviro Systems Limited IPO is ₹138, which indicates an expected listing price of ₹839.

What does Kostak Rate and Sauda mean in IPO GMP?

Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.

Is Grey Market Premium officially recognized?

No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.