Concord Enviro Systems IPO
Concord Enviro Systems Limited
Minimum investment
Concord Enviro Systems IPO Details
Bidding date
19 Dec - 23 Dec 2024
Price range
—
Minimum quantity
21
Minimum investment
₹13,965
Issue size
—
IPO doc (link)
RHP docsListing exchange
NSE/BSE
Concord Enviro Systems IPO Dates & Timeline
About Concord Enviro Systems IPO: Company Overview
Concord Enviro Systems Limited is a leading global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (“ZLD”) technology. Company is an integrated provider of wastewater treatment and ZLD solutions, with focus on energy optimization and recovery helping industries achieve water conservation and sustainability goals. Company has clients in diverse regions and exports to countries in North America, Latin America, Africa, Middle East and Southeast Asia. It has a large customer base of 377 customers across the globe. Company also provides solutions to customers on a turnkey basis.
Strengths & Risks of Concord Enviro Systems IPO
Market leader: As of Fiscal 2024 we were among the top two largest ZLD solutions providers in India in terms of the revenue, In addition, we are one of the major Indian manufacturer of offshore desalination systems,
Integrated solutions provider : We are an end-to-end solutions provider for the entire wastewater treatment needs of our customers across a diverse set of industries such as pharmaceutical, chemicals, food and beverage, defence and offshore, automotive and auto ancillaries, steel and textiles.
Established international presence : In Fiscal 2024, company exported products and delivered services to over 16 countries in Asia, North Africa, Latin America and Europe. Their major international customers are Diageo Mexico Operaciones, S.A. De C.V. and AB Mauri. Focus on quality and large range of global certifications has enabled them to have a wide global presence.
Diversified customer base: Company provides wastewater treatment products and services to industries such as pharmaceutical, chemicals, food and beverage, defence and offshore, automotive and auto ancillaries, steel and textiles industries, amongst others.
Manufacturing process: Company's manufacturing operations require continuous supply of electricity and water and any shortage or nonavailability may adversely affect operations.
Client conncentration risk: Company derives substantial portion of revenue (more than 60%) from top 20 customers. Cancellation by customers or delay or reduction in their orders could have adverse effect on its business.
Working capital intensive: business requires significant amount of working capital for day-to-day operations, procurement of raw materials and production as there is considerable time interval between purchase of raw materials and realisation from sale.
How to Apply for Concord Enviro Systems IPO: Step-by-Step Guide
- Research the IPO:Review the prospectus and company details.
- Open accounts:Ensure you have a demat and trading account.
- Check dates:Note the IPO opening and closing dates.
- Apply online:Log in to your brokerage account and complete the IPO application form.
- Make payment:Pay through your linked bank account.
- Submit application:Confirm and submit your application.
- Track status:Monitor the allotment status and check for shares in your demat account upon listing.