14,721, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (294 shares), amounting to ₹2,06,094.

Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited are the book-running lead manager while Link Intime India Private Limited is the registrar for the Issue. 

Concord Enviro Systems Limited IPO GMP Today
The Grey Market Premium of Concord Enviro Systems Limited IPO is expected to be ₹154 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Concord Enviro Systems Limited Day Wise IPO GMP Trend 

Date	IPO Price	Expected Listing Price	GMP	Last Updated
18 December 2024	₹ 701	₹ 855	₹ 154 (21.97%)	07:00 PM; 18 Dec 2024

Concord Enviro Systems Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:00 PM on 23 December 2024, the Concord Enviro Systems IPO live subscription status shows that the IPO subscribed 10.67 times on its Final day of subscription period. Check the Concord Enviro Systems IPO Live Subscription Status Today at BSE.

Concord Enviro Systems IPO Anchor Investors Report
Concord Enviro Systems has raised ₹150.09 Crores from Anchor Investors at a price of ₹701 per shares in consultation of the Book Running Lead Managers. The company allocated 21,41,195 equity shares to the Anchor Investors. Check Full List of Concord Enviro Systems Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portio

Concord Enviro Systems Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Concord Enviro Systems IPO allotment date is 24 December, 2024, Tuesday. Concord Enviro Systems IPO Allotment will be out on 24th December 2024 and will be live on Registrar Website from the allotment date. Check Concord Enviro Systems IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Concord Enviro Systems Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Concord Enviro Systems Limited IPO
Concord Enviro Systems proposes to utilise the Net Proceeds towards the following objects: 
1. ₹250.00 Million is required for Investment in their wholly owned Subsidiary, Concord Enviro FZE (“CEF”) for financing its capital expenditure requirements for the greenfield project to develop an assembly unit to assemble systems and plants for treatment of water, waste water and related membrane modules (the “U.A.E Project”);
2. ₹105.05 Million is required for Investment in their wholly owned Subsidiary, Rochem Separation Systems (India) Private Limited (“RSSPL”) for financing its capital expenditure requirements for the brown field project to expand the manufacturing facilities, storage and supporting activities (the “Vasai Project”);
3. ₹32.07 Million is required for Funding capital expenditure requirements of their Company for purchase of plant and machinery;
4. ₹500.00 Million is required for Investment in their wholly owned Subsidiary, Concord Enviro FZE for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Concord Enviro FZE;
5. ₹200.00 Million is required for Investment in their wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE;
6. ₹100.00 Million is required for Investment in their joint venture, Roserve Enviro Private Limited to grow their pay per use/pay as we treat business;
7. ₹235.00 Million is required for Investment in technology and other growth initiatives for access to new markets; and
8. General corporate purposes.

Refer to Concord Enviro Systems Limited RHP for more details about the Company.

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