Concord Control Systems Limited
Bookbuilding IPO · BSE
- Price band
- ₹55 - ₹55
- Lot size
- 2,000 shares
- Issue amount
- ₹8.32 cr
- Total subscription
- 202.41×
- Opens
- 27 Sept 2022
- Closes
- 29 Sept 2022
- Allotment
- 4 Oct 2022
- Listing
- 10 Oct 2022
Offer at a glance
Issue overview
- Issue size
- 15,12,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,10,000
- Fresh issue
- ₹8.32 cr
- Offer for sale
- ₹0 cr
- Registrar
- Bigshare Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,10,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 42,00,000
- Shares after issue
- 57,12,000
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,10,000 |
| HNI | 2 | 4,000 | ₹2,20,000 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Financial performance
Company financials
In Lakhs · Reported periods may include interim results.
Company information
Company profile
Concord Control Systems Limited, incorporated in 2011, manufactures and supplies coach-related and electrification products for Indian Railways and other railway contractors. The company produces items for railway coaches, including inter-vehicular couplers, emergency lighting systems, brushless DC carriage fans, exhaust fans, cable jackets, and bellows, as well as electrification products like 200 AH and 40 AH battery chargers and tensile testing machines. An approved vendor of the Research Design and Standards Organisation (RDSO), Concord operates two manufacturing units in Lucknow, Uttar Pradesh, spanning over 1,880 sq. meters. Its key clients include multiple Indian Railways zones such as Eastern Railway, South Eastern Railway, Northern Railway, East Coast Railway, and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, and Tata Projects Limited. The company’s revenue from operations for FY 2022, 2021, and 2020 stood at Rs. 31.45 crore, Rs. 17.27 crore, and Rs. 15.58 crore, respectively.
Promoters
Mr. Nitin Jain
Mr. Gaurav Lath
Registrar & documents
Lead manager
Hem Securities Limited
Registrar & contacts
Bigshare Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
G-36 U.P.S.I.D.C, Industrial Area, Deva Road, Chinhat, Lucknow-226019
+91-78000 08745
[email protected]Company website ↗Understanding CNCRD IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.