Concord Enviro Systems IPO Subscription Status
Concord Enviro Systems IPO closed on 23 December 2024 with an overall subscription of 5.56x based on shares applied.
Allotment will be finalised on 24 December 2024. The stock is scheduled to list on NSE and BSE on 27 December 2024.
Issue Price
Rs 701.00
GMP Today
Rs 138.00 (+19.69%)
Overall Subscription
5.56x
Issue Size
₹500.33 Cr
Allotment Date
24 Dec 2024
Listing Date
27 Dec 2024
What Do These Subscription Numbers Mean?
A subscription of 5.56x by shares means the IPO received bids for 6 times the shares reserved. Allotment odds depend on application count in each category, not share volume.
Here is what each category number tells you:
Concord Enviro Systems IPO Allotment Chances
Allotment odds below use application subscription (number of bids received), not share or amount subscribed.
Allotment odds will appear once subscription data is available.
Check the Concord Enviro Systems IPO Allotment Status page from 24 December 2024 for your allotment result.
Concord Enviro Systems IPO GMP After Subscription
GMP for Concord Enviro Systems IPO stands at Rs 138.00 today, giving an estimated listing price of Rs 839.00 per share.
A subscription of 5.56x combined with a GMP of 19.69% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Concord Enviro Systems IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Concord Enviro Systems IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 19 December 2024 |
| IPO Close Date | 23 December 2024 |
| Allotment Date | 24 December 2024 |
| Refund Initiation | 25 December 2024 |
| Share Credit to Demat | 25 December 2024 |
| Listing Date | 27 December 2024 |
| Minimum Investment | Rs 14,721.00 |
| Lot Size | 21 shares |
About Concord Enviro Systems IPO
Founded in 1999, Concord Enviro Systems Limited is a global leader in Zero Liquid Discharge (ZLD) technology and water treatment solutions. The company offers end-to-end services, including design, manufacturing, O&M, and IoT-driven digitalization to help industries meet sustainability goals. With 377 clients across pharmaceuticals, chemicals, and food & beverage, Concord Enviro operates in North America, Africa, the Middle East, and Asia, serving clients like Grasim Industries, LANXESS India, and Diageo Mexico Operaciones.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Concord Enviro Systems IPO GMP Today
Live GMP, listing price estimate, and listing gain
Concord Enviro Systems IPO Allotment Status
Check allotment result on allotment date
Concord Enviro Systems IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
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Concord Enviro Systems IPO Subscription FAQs
What is Concord Enviro Systems IPO IPO subscription status today?
Concord Enviro Systems IPO IPO subscription closed on 23 December 2024 with overall subscription of 5.56x (by shares) as of 27 June 2026, 2:01 AM IST. QIB N/A, NII N/A, Retail N/A.
What is the overall subscription of Concord Enviro Systems IPO IPO?
Concord Enviro Systems IPO IPO is subscribed 5.56x overall by shares at close on 23 December 2024. QIB N/A, NII N/A, and Retail N/A.
What is Concord Enviro Systems IPO IPO QIB subscription?
QIB subscription for Concord Enviro Systems IPO IPO will appear here once institutional bids are recorded.
What is Concord Enviro Systems IPO IPO Retail subscription?
Retail subscription for Concord Enviro Systems IPO IPO is not live yet.
What is Concord Enviro Systems IPO IPO NII subscription?
NII subscription for Concord Enviro Systems IPO IPO will be updated during the subscription window.
What are allotment chances in Concord Enviro Systems IPO IPO for retail?
Concord Enviro Systems IPO IPO retail allotment chances depend on final application oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When is Concord Enviro Systems IPO IPO allotment date?
Concord Enviro Systems IPO IPO allotment date is 24 December 2024. Check Concord Enviro Systems IPO Allotment Status on IPOwiz from that day using your PAN.
When does Concord Enviro Systems IPO IPO subscription close?
Concord Enviro Systems IPO IPO subscription closed on 23 December 2024. No new applications are accepted after the close.
What is Concord Enviro Systems IPO IPO GMP today?
Concord Enviro Systems IPO IPO GMP is ₹138 today (+19.69% over issue price ₹701). See live GMP on the Concord Enviro Systems IPO GMP Today page.
What is Concord Enviro Systems IPO IPO issue price and lot size?
Concord Enviro Systems IPO IPO issue price is ₹701 per share. Lot size is 21 shares. Minimum investment is ₹14,721 per lot. Issue size: ₹500.33 Cr.
When is Concord Enviro Systems IPO IPO listing date?
Concord Enviro Systems IPO IPO listing date is 27 December 2024 on NSE and BSE. Allotment is on 24 December 2024.
How does subscription affect Concord Enviro Systems IPO IPO allotment?
Allotment odds in Concord Enviro Systems IPO IPO depend on application subscription in each category, not share volume. Retail uses lottery when oversubscribed. NII uses proportional allotment by applications. At 5.56x overall, competition is moderate.
For allotment results from 24 December 2024, visit the Concord Enviro Systems IPO Allotment Status page. For listing day updates on 27 December 2024, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.