Concord Enviro Systems IPO: Key Details

IPO opens December 19th, closing December 23rd

Price range: ₹665-₹701 per share

Aims to raise ₹500.32 crore at upper price band

Fresh issue of ₹175 crore, OFS up to ₹325.32 crore

50% allocation to QIBs, 15% to NIIs, 35% to retail

Listing on BSE and NSE on December 27th

Provides water/wastewater treatment solutions globally

Serves 377 clients across diverse sectors

Reported ₹41.44 crore net profit in FY23-24

Operates manufacturing facilities in India and UAE

Motilal Oswal and Equirus are book-running lead managers