Concord Enviro Systems IPO Analysis @ Chanakyanipothi.com, India`s Oldest & most Trusted Investment Blog. Operational since 8th December 1999, we are the Only Investment Platform in India, which has successfully completed 22 Years.

Concord Enviro Systems IPO Grey Market News & updates #
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Concord Enviro Systems IPO Company Details
The company is an integrated solutions provider of industrial wastewater reuse and zero liquid discharge solutions, with an inhouse position across the value chain including design, component manufacturing, installation and commissioning and operation and maintenance including digitalization solutions including Internet of Things technology for analysis of customer data. It is the second largest Indian solutions provider in Fiscal 2021 for industrial water recycle and reuse systems in terms of revenue. Further, in Fiscal 2021 it was the largest ZLD solutions provider in India in revenue terms, and through its recycling solutions have been supporting its clients to achieve water conservation and achieve sustainability. In the nine-month period ended December 31, 2021, and Fiscal 2021, it serviced over 356 domestic customers and 27 international customers across a diverse set of industries such as pharmaceutical, chemicals, food and beverage, defense and offshore, automotive and auto ancillaries, steel and textiles.

It provides its solutions to customers on a turnkey basis or on rental basis under its “pay per use/pay as you treat” model so that customers are able to avoid large capital expenditures. Its integrated solutions incorporate our own custom designs of systems and plants including effluent treatment plants, membrane-based systems including ultra-filtration, nano-filtration, reverse osmosis and waste heat evaporators. In addition, it offers its customers a comprehensive suite of O&M services including spare parts. It also has implemented digitalization solutions (including IoT) to provide data capture and analysis platforms that enable real-time monitoring, troubleshooting and preventative maintenance of our installed systems and plants.
The business comprises:
• the manufacture and sale or lease of systems and plants
• O&M services
• the manufacture and sale of consumables and spare parts and
• the manufacture and sale of modules.
For more information, click www.concordenviro.in

The Promoters
PRAYAS GOEL & PRERAK GOEL

Concord Enviro Systems IPO Main Objects
The Offer comprises of fresh Issue and offer for share.
The Company proposes to utilize the Net Proceeds towards funding the following objects
1. Investment in its Material Subsidiary, Concord Enviro FZE in relation to financing the construction of an assembly unit in Sharjah International Airport Free Zone.
2. Investment in its Material Subsidiary, Rochem Separation Systems (India) Private Limited for funding its working capital requirements.
3. Investment in its Material Subsidiary, CEF for funding its working capital requirements.
4. Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Material Subsidiaries namely, RSSPL, Blue Water Trading and Treatment FZE and CEF

Concord Enviro Systems IPO Details
IPO opens on
IPO closes on
Issue Type: Book Built Issue IPO
Issue: up to (?) Shares /Rs (?) Cr
* Fresh Issue of (?) Shares/ Rs 175 Cr
* Offer for Sale Up to 3,569,180 Shares/ Rs. (?) Cr

Face Value per share: Rs. 5
Concord Enviro Systems IPO Price Band Per Equity Share:
Concord Enviro Systems IPO Retail Lot Size (?) Shares
Concord Enviro Systems IPO Listing will at BSE, NSE

Shares offered to
QIB (50%) (?) Shares, Rs. (?) Cr
NII (15%) Shares, Rs (?) Cr
RII (35%) Shares, Rs (?) Cr
Lot size: (?) Shares = (?) Forms
Min Retail Application: (?) Shares, Rs. (?)
Max Retail Application: (?) Shares, Rs (?)

Concord Enviro Systems IPO Tentative Timetable
IPO opens on
IPO Closes on
IPO Allotment on
Unblocking of ASBA
Credit to Demat Accounts
Concord Enviro Systems Listing on

Concord Enviro Systems IPO Financial & Analytical Ratios
Total Income 2019-20 Rs 385.04Cr
Total Income 2020-21 Rs 352.80 Cr
Total Income 2021-22 Rs 221.64 Cr (9M)
Net Profit 2019-20 Rs 7.86 Cr
Net Profit 2020-21 Rs 19.81 Cr
Net Profit 2021-22 Rs 3.02 Cr (9M)
Earnings per Share 2019-20 Rs 127.58
Earnings per Share 2020-21 Rs 321.57
Earnings per Share 2021-22 Rs 29.93 (9M)
Return on Net Worth: 19-20 (35.85) %
Return on Net Worth: 20-21 (159.32) %
Return on Net Worth: 20-21 1.20 % (9M)
Equity Shares prior to & after the IPO: 8,51,120 Shares

Book Value of the Share as on 31.12.2021 Rs 2510
NAV per Equity Share after the Offer

Ratio Analysis
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio
Upper offer price/BV after IPO Ratio:

Concord Enviro Systems IPO Peer Comparison:
There are no listed companies in India that engage in a business similar to that of this Company. Accordingly, it is not possible to provide an industry comparison in relation to the Company

IPO Lead Managers
DAM Capital Advisors, Equirus Capital
Registrar to IPO
Link Intime India Pvt Ltd.

Registered Office of Concord Enviro Systems
01, HDIL Towers, Anant Kanekar Marg, Bandra (East), Mumbai- 400051, Maharashtra, IndiaCompany Secretary & Compliance Officer: Aseem Sehgal

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