Concord Control Systems IPO date is fixed, The IPO will open on September 27 and will close on September 29, 2022. Concord Control Systems is a BSE SME IPO to raise ₹8.31 crores via IPO. The Concord Control Systems IPO price band is fixed at ₹53 to ₹55 with a market lot of 2000 shares
Concord Control Systems Limited is a manufacturer of Electric and Electronic ranges of products for Indian Railways and other Railway Contractors. The product range includes Railway Electrification (Battery Chargers, Control Panels, Distribution Panels, Testing Machine), and Coach-related products (Emergency Light, Fans, Coupler, Bellows). They have 2 manufacturing units in Lucknow, Uttar Pradesh. They are an Indian Railway/Research, Designs, and Standards Organization (RDSO) approved company for manufacturing and supplying products.
The client’s names include Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE), and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more. You can check Concord Control Systems IPO subscription status and Concord Control Systems IPO allotment status on their respective pages.
Objects of the Issue:
- To meet working capital requirements.
- General Corporate Purposes.
- To meet issue expenses.
Concord Control Systems IPO Review
- May Apply
Concord Control Systems IPO GMP Live Rates day by day with Kotak rates.
Concord Control Systems IPO Date & Price Band Details
|Concord Control Systems IPO Open:||September 27, 2022|
|Concord Control Systems IPO Close:||September 29, 2022|
|Concord Control Systems IPO Size:||Approx ₹8.31 Crores, 1,532,000 Equity Shares|
|Face Value:||₹10 Per Equity Share|
|Concord Control Systems IPO Price Band:||₹53 to ₹55 Per Equity Share|
|Concord Control Systems IPO Listing on:||BSE SME|
|Retail Quota:||35% of the net offer|
|QIB Quota:||50% of the net offer|
|NII Quota:||15% of the net offer|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
Concord Control Systems IPO Market Lot
The Concord Control Systems IPO minimum market lot is 2000 shares with a ₹110,000 application amount.
|Minimum IPO Lot Size:||Minimum 2000 shares for 1 lot|
|Minimum Amount:||₹110,000 for 1 lot|
Concord Control Systems IPO Allotment & Listing Dates
The Concord Control Systems IPO date is September 27 and the IPO close date is September 29. The IPO allotment date is October 4 and the IPO might list on October 10.
|Concord Control Systems IPO Open Date:||September 27, 2022|
|Concord Control Systems IPO Close Date:||September 29, 2022|
|Basis of Allotment:||October 4, 2022|
|Refunds:||October 6, 2022|
|Credit to Demat Account:||October 7, 2022|
|Concord Control Systems IPO Listing Date:||October 10, 2022|
Concord Control Systems IPO Form
How to apply Concord Control Systems IPO? You can apply Concord Control Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Concord Control Systems IPO in the Invest section. The other option you can apply Concord Control Systems IPO via IPO forms download via the BSE website. Check out the Concord Control Systems forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Concord Control Systems Company Financial Report
|₹ in Crores|
Concord Control Systems IPO Valuation – FY2022
Check Concord Control Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
|Earning Per Share (EPS):||₹6.17 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||34.35%|
|Net Asset Value (NAV):||₹17.95 per Equity Share|
- Mr. Nitin Jain
- Mr. Gaurav Lath
Concord Control Systems IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Concord Control Systems IPO Allotment Status
Check Concord Control Systems IPO allotment status on Bigshare website URL. Click Here
Concord Control Systems IPO Lead Managers
- Hem Securities Limited
Concord Control Systems Limited
G-36 U.P.S.I.D.C, Industrial Area,
Deva Road, Chinhat,
Phone: +91-78000 08745
Email: [email protected]