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Concord Enviro Systems Ltd.
Issue Open Date 19-Dec-24  
Issue Closing Date 23-Dec-24  
Application Money 100  
Allotment Money  
Price Band 665 - 701  
Minimum Bid Quantity. 21  
Issue Size (Shares) 5015356  
Market Lot 1  
Objective :
1.Investment in our 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 treatment of water, waste water and related membrane modules (the “U.A.E Project”);2. Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (“RSSPL”) for financing its capital expenditure requirements for the brown field project to expand the manufacturing facilities, storage and supporting activities (the “Vasai Project”);3. Funding capital expenditure requirements of our Company for purchase of plant and machinery;4. 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;5. Investment in our wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE;6. Investment in our joint venture, Roserve Enviro Private Limited to grow our pay per use/pay as you treat business;7. Investment in technology and other growth initiatives for access to new markets; and8. General corporate purposes.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   1090870   1099035   1.01  
Qualified Institutional Buyers   1379122   7896   0.01  
Retail Individual Investors   1379122   7896   0.01  
Business Description
We are a leading global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (“ZLD”) technology, in terms of revenue from operations, as on March 31, 2024 (Source: 1Lattice Report). We have in-house capabilities to develop s...
Promoter's Holding
Total Share Capital   27975609  
Offered to Public   7272466  
Promoter's Holding (Pre-Issue)   60.93  
Promoter's Holding (Post-Issue)    
More
Address
101
H D I L Towers
Anant Kanekar Marg
Bandra (East)
Mumbai ,
Maharashtra ,
400051
Phone : 022 67049000
Email : cs@concordenviro.in
Website : www.concordenviro.in
Registrar
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
Listed at
BSE, NSE
Lead Manager
Equirus Capital Pvt Ltd
Motilal Oswal Investment Advisors Pvt Ltd
Promoters
Prayas Goel
Prerak Goel
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