Concord Enviro Systems IPO

About the company

Concord Enviro Systems is a leading provider of water and wastewater treatment and reuse solutions. The company mainly focuses on designing and manufacturing water treatment systems, providing operations and maintenance services, and supplying consumables and spares such as membranes and chemicals. The company holds a 14.5% market share in the Indian industrial water recycling and reuse systems segment. As of August 31, 2024, the company had served over 310 clients globally, while its total order book stood at ₹501.74 crore. In FY24, the company earned 58.23% of total revenue from the domestic markets, and the rest came from international orders. It has two manufacturing facilities, one located in Vasai, Maharashtra, India, and the other in Sharjah, UAE.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   19 Dec 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   23 Dec 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   24 Dec 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   26 Dec 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   26 Dec 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   27 Dec 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.