► Upstox (₹20/trade)

Concord Control Systems IPO Date, GMP, Price, Review & Allotment

Concord Control Systems IPO

Table of Contents

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.

DateGMPKostakSubject to
29 September₹45₹-₹80000

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
RevenueExpensePAT
2020₹15.89₹14.43₹1.05
2021₹17.61₹15.74₹1.43
2022₹31.74₹28.25₹2.59

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

Peer Group

  • N/A

Company Promoters

  • Mr. Nitin Jain
  • Mr. Gaurav Lath

Concord Control Systems IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

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

Company Address

Concord Control Systems Limited
G-36 U.P.S.I.D.C, Industrial Area,
Deva Road, Chinhat,
Lucknow-226019
Phone: +91-78000 08745
Email: [email protected]
Website: http://www.concordgroup.in/

Concord Control Systems IPO FAQs


What is Concord Control Systems IPO?

Concord Control Systems IPO is a BSE SME IPO. They are going to raise ₹8.31 Crores via IPO. The issue is priced at ₹53 to ₹55 per equity share. The IPO is to be listed on BSE.

When Concord Control Systems IPO will open?

The IPO is to open on September 27, 2022 for NII, and Retail Investors.

What is Concord Control Systems IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Concord Control Systems IPO?

You can apply Concord Control Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Concord Control Systems IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Concord Control Systems”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Concord Control Systems IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Concord Control Systems”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Concord Control Systems IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Concord Control Systems”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Concord Control Systems IPO Size?

Concord Control Systems IPO size is ₹8.31 crores.

What is Concord Control Systems IPO Price Band?

Concord Control Systems IPO Price Band is ₹53 to ₹55 per equity share.

What is Concord Control Systems IPO Minimum and Maximum Lot Size?

The IPO bid is 2000 shares with ₹110,000.

What is Concord Control Systems IPO Allotment Date?

Concord Control Systems IPO allotment date is October 4, 2022.

What is Concord Control Systems IPO Listing Date?

Concord Control Systems IPO listing date is October 10, 2022. The IPO to list on BSE SME.

Note: The Concord Control Systems IPO details are announced officially. The IPO grey market premium (Concord Control Systems IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.

Share the Post:
Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published.

OPEN DEMAT ACCOUNT