| Concord Enviro Systems Ltd |
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| Registered Office: 101 HDIL Tower,Anant Kanekar Marg Bandra (E),Mumbai-400051, Maharashtra |
| Tel. No: 91-22-6704 9000 |
| Fax No: |
| Email: cs@concordenviro.in |
| Website: www.concordenviro.in |
| Initial public offering of 7,137,321* equity shares of face value of Rs. 5 each ("Equity Shares") of the company for cash at a price of Rs. 701 per equity share (including a share premium of Rs. 696 per equity share) ("Offer Price") aggregating to Rs. 500.33 crores (the "Offer") comprising a fresh issue of 2,496,433* equity shares of face value of Rs. 5 each aggregating to Rs. 175.00 crores by the company ("Fresh Issue") and an offer for sale of 4,640,888* equity shares of face value of Rs. 5 each ("The Offered Shares") comprising of to 4,186,368* equity shares by AF Holdings, 150,600 equity shares by Prayas Goel, 150,500* equity shares by Prerak Goel, 29,500* equity shares by Namrata Goel, 31,500* equity shares by Nidhi Goel and 92,420* equity shares by Pushpa Goel aggregating to Rs. 325.33* crores (the "Selling Shareholders" and such offer, the "Offer for Sale"). The offer will constitute 34.49% of the post-offer paid up equity share capital of the company. The face value of the equity share is Rs. 5 each and the offer price is 140.20 times the face value of the equity shares. *Subject to finalisation of the basis of the allotment |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 19-Dec-2024 | 23-Dec-2024 | ₹701.00 - 0.00 | ₹0.00 - 0.00 |
| Minimum Application for shares in Nos : 21 | Further Multiples of :21 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 162.89 | Equirus Capital Pvt Ltd |
| Project Financed through Current Offer | 500.33 | Motilal Oswal Investment Advisors Ltd |
| Post Issue Equity Share Capital | 10.35 | |
| Issue Price | 701.00 |
| Projects |
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| Investment in its wholly owned subsidiary CEF for financing its capital exp requirements for the greenfield projects to develop an assembly unit to assemble sysytems and plants for treatment of water waste and related membrane modules |
| Investment in its wholly ownded subsidiary Rochem Sepration Systems (India) Pvt Ltd ("RSSPL") for financing its capital exp requirements for the brown field project to expand the mfg facilities storage and supporting activities |
| Funding capital exp requirements of the company for purchase of plant and machinery |
| Investment in its wholly ownded subsidiary concord enviro FZE for prepayment or repayment in full or in part of all or a portion of certain outstanding borrowings availed by CEF |
| Investment in its wholly ownded subsidiary CEF for funding working capital exp of CEF |
| Investment in its joint venture Roserve Enviro Pvt Ltd to grow its pay per use/pay as you treat business |
| Investment in technology and other growth initiatiives for access to new markets |
| General corporate purposes |
| Promoted By |
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| Prayas Goel |
| Preak Goel |
| Pushpa Goel |
| Listing At |
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| BSE |
| NSE |
| Registrar To The Issue |
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