{"id":41041,"date":"2024-12-19T10:40:49","date_gmt":"2024-12-19T05:10:49","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=41041"},"modified":"2024-12-19T10:41:13","modified_gmt":"2024-12-19T05:11:13","slug":"concord-enviro-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/concord-enviro-ipo\/","title":{"rendered":"Concord Enviro IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"41041\" class=\"elementor elementor-41041\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7246818 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7246818\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-27d7c73\" data-id=\"27d7c73\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8ab4389 elementor-widget elementor-widget-text-editor\" data-id=\"8ab4389\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Concord Enviro IPO is a book-built issue of Rs 500.33 crores. The issue is a combination of a fresh issue of 0.25 crore shares aggregating to Rs 175.00 crores and an offer for sale of 0.46 crore shares aggregating to Rs 325.33 crores.<\/span><\/p><p><span style=\"color: #000000;\">The IPO opens for subscription on December 19, 2024, and closes on December 23, 2024. The price band is set at \u20b9665 to \u20b9701 per share. The minimum lot size for an application is 21 shares.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1def453 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1def453\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-67f6f6e\" data-id=\"67f6f6e\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6ed2a6c elementor-widget elementor-widget-text-editor\" data-id=\"6ed2a6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Summary<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Founded in July 1999, Concord Enviro Systems Limited is a global water and wastewater treatment and reuse solutions provider, including zero-liquid discharge (ZLD) technology.<\/span><\/p><p><span style=\"color: #000000;\">The company offers in-house solutions across the entire value chain, including design, manufacturing, installation, operation and maintenance (O&amp;M), and digitalization, such as IoT. The company provides integrated wastewater treatment and zero liquid discharge (ZLD) solutions, focusing on energy optimization and recovery to aid industries in achieving water conservation and sustainability goals.<\/span><\/p><p><span style=\"color: #000000;\">The company&#8217;s business can be segregated into the following:-<\/span><\/p><ol><li><span style=\"color: #000000;\">The manufacture and sale of water and wastewater treatment, reuse and ZLD of systems and plants and turnkey solutions.<\/span><\/li><li><span style=\"color: #000000;\">Operations and maintenance.<\/span><\/li><li><span style=\"color: #000000;\">The manufacture and sale of consumables and spare parts (including membranes, plants, chemicals and consumables).<\/span><\/li><li><span style=\"color: #000000;\">Installation of compressed biogas plants (\u201cCBG Plants\u201d).<\/span><\/li><\/ol><p><span style=\"color: #000000;\">As of March 31, 2024, the company exports its solutions to North America, Latin America, Africa, the Middle East, and Southeast Asia and has a large customer base of 377 customers worldwide.<\/span><\/p><p><span style=\"color: #000000;\">As of FY 2024, the company has served over 353 domestic and 24 international customers in pharmaceuticals, chemicals, food and beverage, defence, automotive, steel, and textiles, with a presence in two countries.<\/span><\/p><p><span style=\"color: #000000;\">The company has two manufacturing facilities: one in Vasai, India, and another in Sharjah, UAE. Their in-house R&amp;D team, comprising 21 employees as of March 31, 2024, develops the solutions.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-917d70c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"917d70c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-baf7656\" data-id=\"baf7656\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d00412e elementor-widget elementor-widget-text-editor\" data-id=\"d00412e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company\u00a0Strengths<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Market leadership in ZLD technology in India, well placed to harness global industry opportunities<\/span><\/li><li><span style=\"color: #000000;\">Integrated solutions provider supported by backward integrated manufacturing facilities<\/span><\/li><li><span style=\"color: #000000;\">Established presence in international markets<\/span><\/li><li><span style=\"color: #000000;\">Diversified customer base across multiple industries and geographies<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9481f79 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9481f79\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3c12764\" data-id=\"3c12764\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e96e00f elementor-widget elementor-widget-text-editor\" data-id=\"e96e00f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Company Financials<\/strong><\/span><\/p><table><tbody><tr><td width=\"113\"><span style=\"color: #000000;\"><strong><b>Period Ended<\/b><\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong><b>31 Aug 2024<\/b><\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong><b>31 Mar 2024<\/b><\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong><b>31 Mar 2023<\/b><\/strong><\/span><\/td><td width=\"113\"><span style=\"color: #000000;\"><strong><b>31 Mar 2022<\/b><\/strong><\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\">Assets<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">640.09<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">627.68<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">592.22<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">536.9<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\">Revenue<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">208.02<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">512.27<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">350.5<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">337.57<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\">Profit After Tax<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">0.52<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">41.44<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">5.49<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">16.48<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\">Net Worth<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">319.71<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">320.82<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">279.23<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">16.48<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\">Reserves and Surplus<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">300.59<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">303.09<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">258.64<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">261.12<\/span><\/td><\/tr><tr><td width=\"113\"><span style=\"color: #000000;\">Total Borrowing<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">167.53<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">153.19<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">131.06<\/span><\/td><td width=\"113\"><span style=\"color: #000000;\">125.76<\/span><\/td><\/tr><tr><td colspan=\"5\" width=\"568\"><p style=\"text-align: right;\"><span style=\"color: #000000;\">Amount in \u20b9 Crore<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ceed0db elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ceed0db\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-337dc00\" data-id=\"337dc00\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-28a87da elementor-widget elementor-widget-text-editor\" data-id=\"28a87da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>\u00a0<span style=\"color: #000000;\"><strong>Objectives of the IPO<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Investment in the wholly owned Subsidiary, Concord Enviro FZE (\u201cCEF\u201d) for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for the treatment of water, wastewater, and related membrane modules (the \u201cU.A.E Project\u201d).<\/span><\/li><li><span style=\"color: #000000;\">Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (\u201cRSSPL\u201d), for financing its capital expenditure requirements for the brownfield project to expand the manufacturing facilities, storage, and supporting activities (the \u201cVasai Project\u201d).<\/span><\/li><li><span style=\"color: #000000;\">Funding capital expenditure requirements of the Company for the purchase of plant and machinery.<\/span><\/li><li><span style=\"color: #000000;\">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.<\/span><\/li><li><span style=\"color: #000000;\">Investment in the wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE;<\/span><\/li><li><span style=\"color: #000000;\">Investment in the joint venture, Reserve Enviro Private Limited, to grow our pay-per-use\/pay-as-you-treat business.<\/span><\/li><li><span style=\"color: #000000;\">Investment in technology and other growth initiatives to access new markets.<\/span><\/li><li><span style=\"color: #000000;\">General corporate purposes. (collectively, referred to herein as \u201cObjects\u201d).<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-62d827a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"62d827a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-049d9bf\" data-id=\"049d9bf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b5893e1 elementor-widget elementor-widget-text-editor\" data-id=\"b5893e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Promoters of the company<br \/><\/strong><\/span><span style=\"color: #000000;\">1. Prayas Goel<br \/><\/span><span style=\"color: #000000;\">2. Prerak Goel<br \/><\/span><span style=\"color: #000000;\">The Promoters collectively hold 8,292,240 Equity Shares aggregating to 45.56% of the issued, subscribed, and paid-up Equity Share capital, of the Company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c461980 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c461980\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4b9badf\" data-id=\"4b9badf\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-44f1b36 elementor-widget elementor-widget-text-editor\" data-id=\"44f1b36\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>IPO Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">December 19, 2024 to December 23, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, December 27, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Face Value<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b95 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Price Band<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b9665 to \u20b9701 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Lot Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">21 Shares<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Issue Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">71,37,321 shares (aggregating up to \u20b9500.33 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Fresh Issue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">24,96,433 shares (aggregating up to \u20b9 175.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Offer for Sale<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">46,40,888 shares of \u20b95 (aggregating up to \u20b9325.33 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Type<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing At<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">BSE, NSE<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-1951c0f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1951c0f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7356b09\" data-id=\"7356b09\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1cc5bc4 elementor-widget elementor-widget-text-editor\" data-id=\"1cc5bc4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Lot Allocation details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Application<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Lots<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Amount<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1<\/span><\/td><td><span style=\"color: #000000;\">21<\/span><\/td><td><span style=\"color: #000000;\">\u20b914,721<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">13<\/span><\/td><td><span style=\"color: #000000;\">273<\/span><\/td><td><span style=\"color: #000000;\">\u20b91,91,373<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">14<\/span><\/td><td><span style=\"color: #000000;\">294<\/span><\/td><td><span style=\"color: #000000;\">\u20b92,06,094<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">67<\/span><\/td><td><span style=\"color: #000000;\">1407<\/span><\/td><td><span style=\"color: #000000;\">\u20b99,86,307<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>B-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">68<\/span><\/td><td><span style=\"color: #000000;\">1428<\/span><\/td><td><span style=\"color: #000000;\">\u20b910,01,028<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d585fd elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0d585fd\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-284c3e0\" data-id=\"284c3e0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-985e5e9 elementor-widget elementor-widget-text-editor\" data-id=\"985e5e9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Allocation Schedule<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Basis of Allotment<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Tuesday, December 24, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Initiation of Refunds<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thursday, December 26, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>The credit of Shares to Demat<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Thursday, December 26, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Friday, December 27, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Cut-off time for UPI mandate confirmation<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5 PM on December 23, 2024<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0de8528 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0de8528\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-241bf9f\" data-id=\"241bf9f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32e54d5 elementor-widget elementor-widget-text-editor\" data-id=\"32e54d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO Reservation<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Investor Category<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares Offered<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>QIB Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not more than 50% of the Net Issue<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 35% of the Net Issue<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>NII (HNI) Shares Offered<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Not less than 15% of the Net Issue<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6f55a6a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f55a6a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0a7ea68\" data-id=\"0a7ea68\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6a52568 elementor-widget elementor-widget-text-editor\" data-id=\"6a52568\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To check allotment,<a href=\"https:\/\/linkintime.co.in\/Initial_Offer\/public-issues.html\" target=\"_blank\" rel=\"noopener\"> click here<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b068b1b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b068b1b\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-108759f\" data-id=\"108759f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-37d18db elementor-align-center elementor-widget elementor-widget-button\" data-id=\"37d18db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Apply for IPO <\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Concord Enviro IPO is a book-built issue of Rs 500.33 crores. The issue is a combination of a&hellip;","protected":false},"author":5,"featured_media":41075,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,23,55],"class_list":{"0":"post-41041","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-stock-market","10":"tag-upcoming-ipo","11":"cs-entry","12":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Concord Enviro IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/concord-enviro-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Concord Enviro IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Concord Enviro IPO is a book-built issue of Rs 500.33 crores. 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