Concord Enviro Systems Ltd.
Industry:
Engineering - Industrial Equipments
Issue Details
Open Date
19 Dec 2024Close Date
23 Dec 2024Size (in Crs.)
333.52 - 351.58
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-36Lot Size
21
Type
Book building
Face Value
5
Market Lot
1
Objective of the Issue
1.Investment in our 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. Investment in our 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. Funding capital expenditure requirements of our Company for purchase of plant and machinery;4. Investment in our 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. Investment in our wholly owned Subsidiary, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE;6. Investment in our joint venture, Roserve Enviro Private Limited to grow our pay per use/pay as you treat business;7. Investment in technology and other growth initiatives for access to new markets; and8. General corporate purposes.
Description
We are a leading global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (“ZLD”) technology, in terms of revenue from operations, as on March 31, 2024 (Source: 1Lattice Report). We have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operation and maintenance (“O&M”) and digitalization solutions including Internet of Things (“IoT”). We are an integrated provider of wastewa... Show More
Address
101, H D I L Towers , Anant Kanekar Marg , Bandra (East)
Mumbai
400051
Promoter Holding
Promoters:
Prayas Goel, Prerak Goel
Total Share Capital
27975609
Offered to Public
7272466
% Promoter's Holding (Pre-Issue)
60.93
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
27975609
Of above offred to public
7272466
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Equirus Capital Pvt Ltd, Motilal Oswal Investment Advisors Pvt Ltd
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083