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15 Days Price Change

Concord Enviro Sys. IPO

Closing In

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Profile
Issue Size --
Profile
Price Range 665  to  701 per share
Profile
Min Investment ₹701
Profile
Lot Size 1
Profile
Face Value ₹5
Profile
Draft Prospectus --
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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Concord Enviro Systems Limited, founded in July 1999, is a global provider of water and wastewater treatment, reuse, and zero-liquid discharge (ZLD) solutions. The company offers comprehensive in-house services across the entire value chain, including design, manufacturing, installation, operations and maintenance (O&M), as well as digitalization through IoT. Its solutions focus on energy optimization and recovery, helping industries meet their water conservation and sustainability goals. The company operates in several areas: manufacturing and selling water and wastewater treatment systems, providing turnkey ZLD solutions, offering O&M services, and producing consumables and spare parts such as membranes, plants, chemicals, and other materials. Additionally, Concord Enviro Systems installs compressed biogas (CBG) plants. Read More

Basic Info

Face Value 5 per share

Price 665  to  701 per share

P/E (x) 25.7

Sales( Cr.) 594

PAT( Cr.) 58

EPS 27.3

Draft Prospectus --

Exchange BSE-NSE

Promoter

Company Promoters

PRAYAS GOEL PRERAK GOEL.

Pre Issue Share Holding 60.93%

Post Issue Share Holding --%

Listing Details:

Listing Price: 832

Listing Gain: 15.75%

Current Price: 283

Gain On Issue: 283 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Dec 19, 2024
Closing Date Dec 23, 2024
Allotment Dec 24, 2024
Refund Dec 25, 2024
Delivery of Shares Dec 25, 2024
Listing Date Dec 26, 2024

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 21 14,721
Retail (Max) 13 273 191,373
S-HNI (Min) 14 294 206,094
S-HNI (Max) 67 1407 986,307
B-HNI (Min) 68 1428 1,001,028

Objective of the Issue

1. Investment in the wholly owned Subsidiary, Concord Enviro FZE (& amp amp amp amp ldquo CEF& amp amp amp amp rdquo ) 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. 2. Investment in our wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (& amp amp amp amp ldquo RSSPL& amp amp amp amp rdquo ), for financing its capital expenditure requirements for the brownfield project to expand the manufacturing facilities, storage and supporting activities . 3. Funding capital expenditure requirements of the Company for the 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 the wholly owned Subsidiary, Concor

Issue

Category Nos Bid Bid (x)
QIB 3568661 61809209 17.3x
NII 1070598 15202492 14.2x
Retail 2498062 13889225 5.6x
EMP 0 0 0x
Total 7137321 76155215 10.7x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Concord Enviro Sys. Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 298 383 348 329 343 497 594
Other Income 2 2 7 8 7 15 5
Total Income 300 386 355 338 350 512 599
Total Expenditure 226 309 287 275 299 378 500
Operating Profit 74 77 68 63 52 134 99
Interest 30 43 21 20 20 18 22
Depreciation 22 22 25 25 24 16 11
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 22 12 23 19 8 99 64
Provision for Tax 7 5 3 2 2 3 6
Profit After Tax 15 8 19 16 5 96 58
Adjustments 1 -0 1 0 0 -55 -7
Profit After Adjustments 16 8 20 16 5 41 51
Adjusted Earnings Per Share 257.3 127.6 321.6 193.4 3 22.8 24.9

Concord Enviro Sys. Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds -35 -20 -11 269 281 323 534
Minority's Interest 0 0 0 0 0 0 0
Borrowings 235 5 32 41 33 23 8
Other Non-Current Liabilities 21 33 46 35 30 14 15
Total Current Liabilities 198 509 463 200 258 280 293
Total Liabilities 419 528 529 545 602 639 861
Fixed Assets 79 100 136 149 139 104 107
Other Non-Current Assets 49 56 47 57 77 87 124
Total Current Assets 291 372 346 338 386 448 614
Total Assets 419 528 529 545 602 639 861

Concord Enviro Sys. Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 2 3 10 20 60 18
Cash Flow from Operating Activities 44 14 62 49 117 -35 5
Cash Flow from Investing Activities -24 -12 -22 -28 -50 -3 -122
Cash Flow from Financing Activities -23 -1 -33 -12 -27 -4 125
Net Cash Inflow / Outflow -2 1 7 9 41 -42 7
Closing Cash & Cash Equivalent 2 3 10 20 60 18 25

Concord Enviro Sys. Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 257.34 127.6 321.62 193.39 3.01 22.77 24.88
CEPS(Rs) 0 480.39 0 492.45 16.39 61.76 33.62
DPS(Rs) 0 0 0 0 0 0 0
Book NAV/Share(Rs) -568.57 -327.71 -173.7 3142.55 154.37 177.23 257.86
Core EBITDA Margin(%) 24.04 19.42 17.49 16.62 12.93 23.95 15.92
EBIT Margin(%) 17.52 14.37 12.4 11.63 8.07 23.52 14.54
Pre Tax Margin(%) 7.4 3.26 6.5 5.63 2.2 19.86 10.84
PAT Margin (%) 5.11 2.05 5.51 5 1.6 19.34 9.79
Cash Profit Margin (%) 12.46 7.72 12.65 12.74 8.69 22.62 11.71
ROA(%) 3.63 1.66 3.63 3.07 0.96 15.49 7.76
ROE(%) 0 0 0 12.82 2 31.85 13.59
ROCE(%) 18.79 17.77 12.34 10.21 6.87 26.33 15.16
Receivable days 155.52 131.08 157.77 155.48 124.62 101.83 106.01
Inventory Days 149.01 133.07 144.72 139.69 151.17 111.63 100.29
Payable days 225.3 183.54 196.39 208.17 201.69 166.79 154.39
PER(x) 0 0 0 0 0 0 19.89
Price/Book(x) 0 0 0 0 0 0 1.92
Dividend Yield(%) 0 0 0 0 0 0 0
EV/Net Sales(x) 0.99 0.91 1 0.3 0.17 0.26 1.79
EV/Core EBITDA(x) 3.96 4.56 5.11 1.55 1.12 0.98 10.73
Net Sales Growth(%) 0 28.74 -9.29 -5.25 4.21 44.76 19.64
EBIT Growth(%) 0 5.57 -21.74 -11.13 -27.72 322.13 -26.06
PAT Growth(%) 0 -48.33 143.72 -14.01 -66.7 1651.67 -39.45
EPS Growth(%) 0 -50.42 152.06 -39.87 -98.44 655.23 9.28
Debt/Equity(x) -8.93 -17.95 -34.29 0.47 0.47 0.47 0.25
Current Ratio(x) 1.47 0.73 0.75 1.69 1.49 1.6 2.1
Quick Ratio(x) 0.86 0.42 0.49 1.02 0.91 1.05 1.51
Interest Cover(x) 1.73 1.29 2.1 1.94 1.38 6.43 3.94
Total Debt/Mcap(x) 0 0 0 0 0 0 0.13

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 20% 22% 9% 0%
Operating Profit CAGR -26% 16% 5% 0%
PAT CAGR -40% 54% 49% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -52% NA% NA% NA%
ROE Average 14% 16% 12% 9%
ROCE Average 15% 16% 14% 15%

Company Contact Information

Concord Enviro Systems Ltd.

101, H D I L Towers Anant Kanekar Marg Bandra (East)

IPO Lead Manager(s)

Concord Enviro Systems Ltd.

Equirus Capital Pvt Ltd

Motilal Oswal Investment Advisors Pvt Ltd

Registrar Info

Concord Enviro Systems Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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