Objective of the Issue

The Company will not receive any proceeds from the Offer.

IPO Details, Price, Market Lot

Concord Enviro IPO Details
IPO Open Date 20 December 2024
IPO Close Date 24 December 2024
IPO Issue Size 1,77,55,680 shares (Aggregating up to ₹1,250.00 Cr)
Fresh Issue NIL
Offer for Sale 1,77,55,680 shares (Aggregating up to ₹1,250.00 Cr)
Retail Portion Not less than 35% of the offer
NII Portion Not less than 15% of the offer
QIB Portion Not more than 50% of the offer
Listing At NSE, BSE
Concord Enviro IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹668 to ₹704 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Concord Enviro IPO Market Lot For Retail Investor
No. of Shares Per Lot 21 Shares
Minimum Lot Size 1 Lot (21 Shares)
Minimum Amount (Cut-off price) ₹14,784
Maximum Lot Size 13 Lots (273 Shares)
Maximum Amount (Cut-off price) ₹1,92,192
Concord Enviro IPO Market Lot For S-HNI
No. of Shares Per Lot 21 Shares
Minimum Lot Size 14 Lots (294 Shares)
Minimum Amount (Cut-off price) ₹2,06,976
Maximum Lot Size 67 Lots (1407 Shares)
Maximum Amount (Cut-off price) ₹9,90,528
Concord Enviro IPO Market Lot For B-HNI
No. of Shares Per Lot 21 Shares
Minimum Lot Size 68 Lots (1428 Shares)
Minimum Amount (Cut-off price) ₹10,05,312

IPO Date, Listing Date, Allotment Date

Concord Enviro Time Table (Tentative)
IPO Open Date 20 December 2024
IPO Close Date 24 December 2024
Basis of Allotment Date 26 December 2024
Initiation of Refunds 27 December 2024
Credit of Share to Demat Account 27 December 2024
IPO Listing Date 30 December 2024

Financial Report

Period Ended Assets
(₹ in Crore)
Revenue
(₹ in Crore)
P A T
(₹ in Crore)
Net Worth
(₹ in Crore)
Borrowings
(₹ in Crore)
30 September 2024 1,093.41 922.74 49.73 419.44 195.78
31 March 2024 1,072.89 1,806.55 62.56 369.82 212.55
31 March 2023  1,072.39 1,733.3 48.46 337.38 188.33
31 March 2022 1,012.44 1,520.05 22.43 292.49 178.14
Period Ended 30 Sept. 2024 31 March 2024 31 March 2023 31 March 2022
Assets 1,093.41 1,072.89 1,072.39 1,012.44
Revenue 922.74 1,806.55 1,733.3 1,520.05
P A T 49.73 62.56 48.46 22.43
Net Worth 419.44 369.82 337.38 292.49
Borrowings 195.78 212.55 188.33 178.14
Amount in ₹ Corre

Company Promotor & Promotor’s Holding

Tomaso Carraro, Enrico Carraro, Carraro S.p.A and Carraro International S.E are the company’s promoters.

Pre Issue Promotor Holding 100%
Post Issue Promotor Holding 68.77%

Company Address

Carraro India Limited
B2/ 2 MIDC, Ranjangaon, Pune 412 220 Maharashtra,
Phone: +91 2138 662666
Email: company_secretary@carraroindia.com
Website: https://www.carraroindia.com/

IPO Registrar, Lead Manager, Prospectus

Concord Enviro IPO Prospectus
Concord Enviro IPO Registrar
  • Link Intime India Private Ltd
Concord Enviro IPO Lead Manager
  • Axis Bank Limited
  • Bnp Paribas
  • Nuvama Wealth Management Limited