Published 12:29 IST, December 28th 2024
Concord Enviro ipo listing: Investor Wealth Zooms 18 Per Cent Overnight - See Listing Price
The value of the share is Rs., 830.35 up by Rs. 4.35 or 0.53 per cent as of 28th December 12:25 pm.
- Markets
- 2 min read
Concord Enviro Systems shares jumped nearly 19 percent in the market on 28th December 2025, from its IPO price. Concord Enviro Systems made its stock market debut on December 27, 2024, against the issue price of Rs 701. The stock was listed at Rs 832, reflecting a surge of 18.68 percent from the issue price on the Bharat Stock Exchange ( BSE ). The value of the share is Rs., 830.35 up by Rs. 4.35 or 0.53 per cent as of 28th December 12:25 pm.
Concord IPO: Details
Concord Enviro IPO was initiated as a book-built issue, amounting to Rs 500.33 crores. Concord Enviro IPO price band is set at Rs., 665 to Rs., 701 apiece. The minimum lot size for an application is 21. The minimum amount of investment required by retail investors is Rs.,14,721. The minimum lot size investment for sNII (small net institutional investors) is 14 lots (294 shares), amounting to Rs., 2,06,094, and for bNII (big net institutional investors), it is 68 lots (1,428 shares), amounting to Rs.,10,01,028.
The issue is a combination of a fresh issue of 0.25 crore shares aggregating to Rs 175.00 crores, and an offer for sale of 0.46 crore shares aggregating to Rs 325.33 crores.
Concord Enviro IPO bidding started on December 19, 2024, and lasted till December 23, 2024. The allotment for Concord Enviro IPO was finalized on December 24, 2024, Tuesday, The shares got listed on the stock market on December 27, 2024.
Concord Enviro IPO price band is set at Rs., 665 to Rs., 701 apiece. The minimum lot size for an application is 21. The minimum amount of investment required by retail investors is ₹14,721. The minimum lot size investment for sNII is 14 lots (294 shares), amounting to ₹2,06,094, and for bNII, it is 68 lots (1,428 shares), amounting to ₹10,01,028.
Updated 12:31 IST, December 28th 2024