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Concord Enviro Systems Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Concord Enviro Systems Ltd IPO
Registered Office: 101 HDIL Tower,Anant Kanekar Marg Bandra (E) , Mumbai - 400051 , Maharashtra , India.
Phone : 91-22-6704 9000   Fax:
Email :  cs@concordenviro.in  
Website :  www.concordenviro.in
Initial public offering of 7,137,321* equity shares of face value of (Rs)5 each ("Equity Shares") of the company for cash at a price of (Rs)701 per equity share (including a share premium of (Rs)696 per equity share) ("Offer Price") aggregating to (Rs)500.33 crores (the "Offer") comprising a fresh issue of 2,496,433* equity shares of face value of (Rs)5 each aggregating to (Rs)175.00 crores by the company ("Fresh Issue") and an offer for sale of 4,640,888* equity shares of face value of (Rs)5 each ("The Offered Shares") comprising of to 4,186,368* equity shares by AF Holdings, 150,600 equity shares by Prayas Goel, 150,500* equity shares by Prerak Goel, 29,500* equity shares by Namrata Goel, 31,500* equity shares by Nidhi Goel and 92,420* equity shares by Pushpa Goel aggregating to (Rs)325.33* crores (the "Selling Shareholders" and such offer, the "Offer for Sale"). The offer will constitute 34.49% of the post-offer paid up equity share capital of the company. The face value of the equity share is (Rs)5 each and the offer price is 140.20 times the face value of the equity shares. *Subject to finalisation of the basis of the allotment

Issue Money Payable On
Opens On Closes On Application Allotment
19-Dec-24 23-Dec-24 (Rs)701.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :21  Further Multiples of :21

  (Rs Cr) Lead Managers to the Issue
Project Cost 162.89
Equirus Capital Pvt Ltd
Project Financed through Current Offer 500.33  
Post Issue Equity Share Capital 10.35  
Issue Price (Rs)701.00  
 
Projects
Investment in its wholly owned subsidiary CEF for financing its capital exp requirements for the greenfield projects to develop an assembly unit to assemble sysytems and plants for treatment of water waste and related membrane modulesInvestment in its wholly ownded subsidiary CEF for funding working capital exp of CEF
Investment in its wholly ownded subsidiary Rochem Sepration Systems (India) Pvt Ltd ("RSSPL") for financing its capital exp requirements for the brown field project to expand the mfg facilities storage and supporting activitiesInvestment in its joint venture Roserve Enviro Pvt Ltd to grow its pay per use/pay as you treat business
Funding capital exp requirements of the company for purchase of plant and machineryInvestment in technology and other growth initiatiives for access to new markets
Investment in its wholly ownded subsidiary concord enviro FZE for prepayment or repayment in full or in part of all or a portion of certain outstanding borrowings availed by CEFGeneral corporate purposes
Promoted By
Prayas Goel  
Preak Goel  
Pushpa Goel  
Listing At
BSE 
NSE 
Registrar to the Issue
Link Intime India Pvt Ltd