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 current subscription status of Concord Enviro Systems Limited IPO?

Concord Enviro Systems Limited IPO has received a total subscription of 10.72 times overall.

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

10.72x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 10.72x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	1,379,122	—	0.00x
Non-Institutional (NII / HNI)	1,090,870	—	0.00x
Retail Individual (RII)	2,545,364	—	0.00x
Total	5,015,356	0	10.72x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 4.90x

Category	Applications Reserved	Applications Received	Times Subscribed
HNIs (10L+)	2,428	6,994	2.88x
HNIs (2-10L)	1,214	17,263	14.22x
Retail	118,955	576,514	4.85x
Total Applications	122,597	600,771	4.90x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 (GMP) for Concord Enviro Systems Limited IPO is ₹138 per equity share. Based on the upper price band of ₹665 to ₹701 per equity share, the estimated listing price is ₹839 (+19.7% expected listing 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, the expected profit per application lot is approx ₹2,898 (+19.7% gain). Minimum application cost is approx ₹14,721.

What is the issue size and price band for Concord Enviro Systems Limited IPO?

The Concord Enviro Systems Limited IPO aggregate issue size is ₹175 Crores with an equity price band set at ₹665 to ₹701 per equity share. The retail lot size is 21 shares requiring a minimum capital outlay of approx. ₹14,721.

How can I check Concord Enviro Systems Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 10.72x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will Concord Enviro Systems Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-12-24. Investors can verify status using PAN card or application number.

When is the listing date for Concord Enviro Systems Limited IPO?

Concord Enviro Systems Limited shares are scheduled to list on NSE and BSE on 2024-12-27.