KVSP Concord Control Systems IPO Date, GMP, Price, Review & Allotment – IPO Watch
Written by Lucky Wilson | KJMM.COM on September 21, 2022
Concord Control Systems IPO date is fixed, The IPO will open on September 26 and will close on September 29, 2022. Concord Control Systems is a BSE SME IPO to raise ₹8.31 crores via IPO. The Concord Control Systems IPO price band is fixed at ₹53 to ₹55 with a market lot of 2000 shares
Concord Control Systems Limited is a manufacturer of Electric and Electronic ranges of products for Indian Railways and other Railway Contractors. The product range includes Railway Electrification (Battery Chargers, Control Panels, Distribution Panels, Testing Machine), and Coach-related products (Emergency Light, Fans, Coupler, Bellows). They have 2 manufacturing units in Lucknow, Uttar Pradesh. They are an Indian Railway/Research, Designs, and Standards Organization (RDSO) approved company for manufacturing and supplying products.
The client’s names include Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE), and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more. You can check Concord Control Systems IPO subscription status and Concord Control Systems IPO allotment status on their respective pages.
Objects of the Issue:
- To meet working capital requirements.
- General Corporate Purposes.
- To meet issue expenses.
Concord Control Systems IPO Review
| Date | GMP | Kostak | Subject to |
| 21 September | ₹- | ₹- | ₹- |
Concord Control Systems IPO Date & Price Band Details
| Concord Control Systems IPO Open: | September 27, 2022 |
| Concord Control Systems IPO Close: | September 29, 2022 |
| Concord Control Systems IPO Size: | Approx ₹8.31 Crores, 1,532,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| Concord Control Systems IPO Price Band: | ₹53 to ₹55 Per Equity Share |
| Concord Control Systems IPO Listing on: | BSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
Concord Control Systems IPO Market Lot
The Concord Control Systems IPO minimum market lot is 2000 shares with a ₹110,000 application amount.
| Minimum IPO Lot Size: | Minimum 2000 shares for 1 lot |
| Minimum Amount: | ₹110,000 for 1 lot |
Concord Control Systems IPO Allotment & Listing Dates
The Concord Control Systems IPO date is September 26 and the IPO close date is September 29. The IPO allotment date is October 4 and the IPO might list on October 10.
| Concord Control Systems IPO Open Date: | September 26, 2022 |
| Concord Control Systems IPO Close Date: | September 29, 2022 |
| Basis of Allotment: | October 4, 2022 |
| Refunds: | October 6, 2022 |
| Credit to Demat Account: | October 7, 2022 |
| Concord Control Systems IPO Listing Date: | October 10, 2022 |
Concord Control Systems IPO Form
How to apply Concord Control Systems IPO? You can apply Concord Control Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Concord Control Systems IPO in the Invest section. The other option you can apply Concord Control Systems IPO via IPO forms download via the NSE website. Check out the Concord Control Systems forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
Concord Control Systems Company Financial Report
| ₹ in Crores | |||
| Revenue | Expense | PAT | |
| 2020 | ₹15.89 | ₹14.43 | ₹1.05 |
| 2021 | ₹17.61 | ₹15.74 | ₹1.43 |
| 2022 | ₹31.74 | ₹28.25 | ₹2.59 |
Concord Control Systems IPO Valuation – FY2022
Check Concord Control Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹6.17 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 34.35% |
| Net Asset Value (NAV): | ₹17.95 per Equity Share |
Peer Group
Company Promoters
- Mr. Nitin Jain
- Mr. Gaurav Lath
Concord Control Systems IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Concord Control Systems IPO Allotment Status
Check Concord Control Systems IPO allotment status on Bigshare website URL. Click Here
Concord Control Systems IPO Lead Managers
Company Address
Concord Control Systems Limited
G-36 U.P.S.I.D.C, Industrial Area,
Deva Road, Chinhat,
Lucknow-226019
Phone: +91-78000 08745
Email: [email protected]
Website: http://www.concordgroup.in/
Concord Control Systems IPO FAQs
What is Concord Control Systems IPO?
Concord Control Systems IPO is a BSE SME IPO. They are going to raise ₹8.31 Crores via IPO. The issue is priced at ₹53 to ₹55 per equity share. The IPO is to be listed on BSE.
When Concord Control Systems IPO will open?
The IPO is to open on September 26, 2022 for NII, and Retail Investors.
What is Concord Control Systems IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
How to Apply the Concord Control Systems IPO?
You can apply Concord Control Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
How to Apply the Concord Control Systems IPO through Zerodha?
How to Apply the Concord Control Systems IPO through Upstox?
How to Apply the Concord Control Systems IPO through Paytm Money?
What is Concord Control Systems IPO Size?
Concord Control Systems IPO size is ₹8.31 crores.
What is Concord Control Systems IPO Price Band?
Concord Control Systems IPO Price Band is ₹53 to ₹55 per equity share.
What is Concord Control Systems IPO Minimum and Maximum Lot Size?
The IPO bid is 2000 shares with ₹110,000.
What is Concord Control Systems IPO Allotment Date?
Concord Control Systems IPO allotment date is October 4, 2022.
What is Concord Control Systems IPO Listing Date?
Concord Control Systems IPO listing date is October 10, 2022. The IPO to list on BSE SME.
Note: The Concord Control Systems IPO details are announced officially. The IPO grey market premium (Concord Control Systems IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)
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