Concord Enviro Systems Limited
- Minimum Investment₹13,965
- Price Range₹665 - ₹701
- Issue Size₹500.33 Cr
- Lot Size21 shares
Proceeds of this IPO to be used for
Investment in the material subsidiary, Concord Enviro FZE, to finance the construction of an assembly unit in the Sharjah International Airport Free Zone
Investment in the material subsidiary, Rochem Separation Systems (India) for funding its working capital requirements
Investment in the material subsidiary, CEF for funding its working capital requirements
Prepayment or repayment of all or a portion of certain outstanding borrowings availed by the material subsidiaries namely, RSSPL, Blue Water Trading and Treatment FZE, and CEF
General corporate purposes
Strengths & Weaknesses of Concord Enviro Systems Limited
Integrated solutions provider
The company designs, manufactures, installs, operates, and maintains industrial wastewater reuse and ZLD solutions, offering integrated systems with in-house designed membranes, systems, and plants
Diversified customer base
The company serves a diverse customer base, with 289 domestic and 21 international clients as of August 31, 2024. Its wastewater treatment products and services cater to industries like pharmaceuticals, chemicals, food and beverage, defense, automotive, steel, and textiles
Strong focus on innovation
The company is involved in R&D to develop new membranes, enhance module designs, and create advanced technologies and systems for specific industries
Experienced promoters
The company is led by a skilled and experienced management team with the expertise and vision to drive business growth and support sustainability goals
Fluctuations in contracts
The company's order book may be adjusted, cancelled, or suspended by customers, meaning it does not guarantee future revenue or profit. As of August 31, 2024, the total order book was Rs 5,017.5 million, with Rs 4,631.9 million for FY24, but actual income may be lower, impacting operations
Approvals and licenses
The company requires various regulatory approvals and licenses to operate. Failure to obtain, renew, or comply with these approvals and licenses could negatively impact business continuity and hinder future operations
Environmental and health safety regulations
The company's operations are subject to environmental and health safety regulations. Non-compliance or incidents may result in significant costs, liabilities, or damage, adversely affecting its reputation, business, finances, and operations
Working capital intensive
The business requires substantial working capital for daily operations, raw material procurement, and production. The inability to meet working capital needs may negatively impact the cash flow cycle
Financials
Earnings Per Share
No Data
Balance Sheet
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Cash Flow
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About Concord Enviro Systems Limited
- PromoterPrayas Goel
- PromoterPrerak Goel