Exchanges
BSE, NSE
Industry
Waste Management
Issue
Book building

Concord Enviro Systems IPO

₹827.10

+17.99% on listing

Listing-day close · NSE · 27 Dec 2024 · issue price ₹701

Concord Enviro Systems’ ₹500 crore IPO was priced at ₹701 a share. It listed on the NSE on 27 Dec 2024 and closed its first day at ₹827.10, up 17.99% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹500 Cr
Fresh issue
₹175 Cr
Offer for sale
₹325 Cr
Lot size
21 shares
Minimum investment
₹14,721
Face value
₹5
Registrar
MUFG Intime India

Subscription

Concord Enviro Systems IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—7.84×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,451 Cr
P/E (post-issue)
1171.5
EPS (post-issue)
₹0.60
Price to book
4.0
ROE
13.73%
ROCE
14.07%
Debt to equity
0.47
PAT margin
8.34%
Promoter holding
60.93% → 51.39%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
27 Dec 2024
Issue price
₹701
Open
₹826.00
High
₹860.00
Low
₹801.00
Close
₹827.10

Listing day on the NSE. The close was +17.99% on the issue price.

CONCORD ENVIRO SYSTEMS L share price today

FAQs

When did the Concord Enviro Systems IPO open and close?

It opened on 19 Dec 2024 and closed on 23 Dec 2024.

What was the Concord Enviro Systems IPO price?

The price band was ₹665–701 a share. The final issue price was ₹701.

What is the lot size and minimum investment?

One lot is 21 shares, ₹14,721 at ₹701 a share. Retail investors apply in whole lots.

How much did Concord Enviro Systems raise?

₹500 crore: ₹175 crore of new shares and ₹325 crore offered by existing shareholders.

How many times was the Concord Enviro Systems IPO subscribed?

7.84 times overall.

How did Concord Enviro Systems list?

It listed on the NSE on 27 Dec 2024 at ₹826.00 and closed the day at ₹827.10, up 17.99% on the ₹701 issue price.

Who is the registrar of the Concord Enviro Systems IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app