Concord Control Systems IPO will be Open on 27 September 2022 and closes on 29 September 2022. The company has fixed the price of this IPO at ₹53-₹55 according to the face value of ₹10. The company will raise ₹8.32 Crores through this IPO under the 15,12,000 Equity Shares public issue. And the offer is 100% Book Building Issue Issue. You can check here to know Concord Control Systems IPO GMP and Concord Control Systems IPO subscription status here.
Concord Control Systems Limited is engaged in the business of manufacturing and supply of coach related and electrification products for Indian Railways and other Railway Contractors. The company manufacture products required in railway coaches like: Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in electrification of coaches and broad gauge network of Indian Railways like: Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine. The company are approved vendor by Research Design and Standards Organisation (“RDSO”) to manufacture and supply these products for the Indian Railways.
The company has two manufacturing units situated at Lucknow, Uttar Pradesh with total size admeasuring to over 1880 sq. mtrs. The comany unit has a well-equipped laboratory, modern technology and testing equipments to ensure that the products confirm with the predetermined standards. the company has a research and development team dedicated towards developing new products or improving existing products. the comany has R&D capabilities include product engineering, product simulation, prototyping and testing which are mainly undertaken at our manufacturing facilities
The company key clients include various zones of the 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.
Objects Of The Issue :
- To meet working capital requirements;
- General Corporate Purpose;
- To meet issue expenses
Company Strengths :
- The comany offer a diversified range of products
- Quality Assurance
- Long Standing Relationship with our customers
- Experienced and Qualified Management and Employee base
| Read also: Upcoming IPO List 2022 |
Concord Control Systems IPO Review :
■ Apply For Long Term
Concord Control Systems IPO GMP Live:
Concord Control Systems IPO GMP Or Grey Market Premium Available Here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and Stable Some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 28 Sep 2022 | ₹-₹ | ₹ |
| 27 Sep 2022 | ₹45-₹48 | ₹50000 |
| 26 Sep 2022 | ₹45-₹48 | ₹45000 |
| 25 Sep 2022 | ₹45-₹48 | ₹45000 |
Concord Control Systems IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 27 September 2022 |
| IPO Close : | 29 September 2022 |
| IPO Size : | ₹8.32 Cr {15,12,000 Shares} |
| Face Value : | ₹10 Rs. Equity Share |
| Price Band : | ₹53-₹55 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹8.32 Cr {15,12,000 Shares} |
| Fresh Issue : | ₹8.32 Cr {15,12,000 Shares} |
| Offer For Sale : | ₹. Cr |
Concord Control Systems IPO Market Lot :
Concord Control Systems IPO Minimum Market lot is 1 Lot with 2000 shares with ₹110,000 Application amount. The retail investors can apply up to 1 lots with 2000 Shares or ₹110,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 2000 Shares |
| Minimum Amount : | ₹110,000 |
| Minimum Lot Size : | 1 Lot |
| Maximum Shares : | 2000 Shares |
| Maximum Amount : | ₹110,000 |
Concord Control Systems IPO Shares Offer :
A Total of 15,12,000 shares are to be bid for the public issue by Concord Control Systems IPO with 15,12,000 for Fresh issue and – for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 15,12,000 | ₹8.32 Cr |
| Offer For Sale : | – | ₹- |
| Total : | 15,12,000 | ₹8.32 Cr |
Concord Control Systems IPO Reservation :
Concord Control Systems IPO Total Reservation of 15,12,000 shares are to be bid for the public issue by Concord Control Systems IPO with 7,56,000 for QIB and 2,26,800 for NII 5,29,200 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 7,56,000 | ₹4.15 Cr |
| NII : | 15% | 2,26,800 | ₹1.25 Cr |
| RII : | 35% | 5,29,200 | ₹2.91 Cr |
| MMRP : | – % | Adding Soon | ₹- |
| Total : | 100% | 15,13,000 | ₹8.31 Cr |
Concord Control Systems IPO Dates :
Concord Control Systems IPO Date is 27 september 2022 and closes on 29 September 2022. The allotment will be finalized on 04 October 2022 and the IPO may list on 10 October 2022.
| Issue Open Date : | 27 September 2022 |
| Issue Close Date : | 29 September 2022 |
| Allotment Date : | 04 October 2022 |
| Refund Date : | 06 October 2022 |
| Share Credit Date : | 07 October 2022 |
| Listing Date : | 10 October 2022 |
Concord Control Systems IPO Form :
There are two ways to apply in Concord Control Systems IPO. You can apply for Concord Control Systems IPO through ASBA available in your bank account. You have to go to your online bank login and select Concord Control Systems IPO in the Invest section and apply through your bank account. Another option is you can apply Concord Control Systems IPO through IPO form download through NSE and BSE. See the Concord Control Systems IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Concord Control Systems Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹3,173.54 | ₹2,825.10 | ₹258.99 |
| 2021 | ₹1,760.91 | ₹1,573.67 | ₹143.21 |
| 2020 | ₹1,589.25 | ₹1,443.01 | ₹104.57 |
Company Promoters :
■ Mr. Govind Prasad Lath
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Concord Control Systems IPO Lead Managers :
■ Hem Securities Limited
Concord Control Systems IPO Registrar :
Bigshare Services Private Limited
Address: S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400093, India.
Tel No.: +91 22 6263 8200
Facsimile: +91 22 6263 8299
Email: [email protected]
Website: www.bigshareonline.com
Note: Check Concord Control Systems IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
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 SME IPO. They are going to raise ₹8.32. Crores via IPO. The issue is priced at ₹53-₹55 per equity share. The IPO to be listed on NSE, SME.
When Concord Control Systems IPO will open?
The IPO is to open on 27 Sep – 29 Sep for QIB, NII & RII.
What is Concord Control Systems IPO Size?
Concord Control Systems IPO size is ₹8.32 Crores.
What is the Fresh issue size of Concord Control Systems IPO?
The Fresh issue size of Concord Control Systems IPO ₹8.32 Cr.
What is the Offer For Sale size of Concord Control Systems IPO?
The Offer For Sale size of Concord Control Systems IPO ₹0 Cr.
What is Concord Control Systems IPO Price Band?
Concord Control Systems IPO Price Band is ₹53-₹55 Per share.
What is Concord Control Systems IPO Minimum and Maximum Lot Size?
The minimum bid is 2000 Shares with ₹110,000 amount while the maximum bid is 2000 shares with ₹110,000.
What is Concord Control Systems IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Concord Control Systems IPO Allotment Date?
Concord Control Systems IPO allotment date is 04 October 2022.
What is Concord Control Systems IPO Listing Date?
Concord Control Systems IPO listing date is 10 October 2022. The IPO to list on BSE, SME.
How to Apply the Concord Control Systems IPO through Zerodha?
“You Can Apply SME IPO in Zerodha”.Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Concord Control Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Concord Control Systems IPO through Upstox?
“BSE SME IPO is Not Apply in Upstox”.Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Concord Control Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Concord Control Systems IPO through Groww?
“BSE SME IPO is Not Apply in Groww”.Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Concord Control Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Concord Control Systems IPO through Paytm Money?
“BSE SME IPO is Not Apply in Paytm Money“.Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Concord Control Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Concord Control Systems GMP: Click Here Concord Control Systems Subscription: Click Here Concord Control Systems Allotment: Click Here Concord Control Systems Listing: Click Here |
All Concord Control Systems IPO-related links are available here. If you want to know the details then click on Click Here Link.
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