Should You Consider Investing in Concord Enviro IPO?

resr 5paisa Research Team

Last Updated: 16th December 2024 - 04:00 pm

Concord Enviro Systems Limited, a global leader in water and wastewater treatment solutions, is bringing its Initial Public Offering (IPO) with a total issue size of ₹500.33 crore. The Concord Enviro IPO comprises a fresh issue of ₹175 crore and an Offer for Sale (OFS) of ₹325.33 crore. The IPO price band is set between ₹665 to ₹701 per share, with a face value of ₹5 per share. Investors can bid for a minimum lot size of 21 shares.

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Concord Enviro IPO aims to fund its subsidiaries' growth, expand its production capabilities, and enhance operational efficiency. The listing will occur on BSE and NSE.

 

Concord Enviro IPO provides a unique opportunity to invest in a company specialising in sustainable water management solutions with a robust financial performance and global reach.

 

Why Should You Consider Investing in Concord Enviro IPO?

 

Concord Enviro IPO Key Details

 

Concord Enviro Ltd. Financials

Metrics FY24 (₹ Cr) FY23 (₹ Cr) FY22 (₹ Cr)
Revenue 512.27 350.50 337.57
Profit After Tax 41.44 5.49 16.48
Assets 627.68 592.22 536.90
Net Worth 320.82 279.23 266.81

 

Concord Enviro showed strong financial growth from FY22 to FY24, with revenue increasing from ₹337.57 Cr to ₹512.27 Cr. PAT rose significantly from ₹16.48 Cr to ₹41.44 Cr, with a dip to ₹5.49 Cr in FY23. The company's assets grew from ₹536.90 Cr to ₹627.68 Cr, while net worth improved from ₹266.81 Cr to ₹320.82 Cr, indicating strengthening financial position.

 

Concord Enviro IPO Market Position and Growth Prospects

 

Competitive Strengths and Advantages of Concord Enviro IPO


Concord Enviro IPO Risks and Challenges

 

Conclusion – Should You Invest in Concord Enviro IPO?

Concord Enviro IPO presents an opportunity to invest in a market leader with strong financial performance and a focus on sustainability. The company’s robust global presence, integrated solutions, and technological innovations position it for long-term growth.

 

However, investors should carefully evaluate risks related to market conditions and regulatory challenges. Concord Enviro IPO is ideal for investors with a medium-to-high risk appetite, seeking exposure to the growing water and wastewater management industry.

 

Disclaimer: This information is for educational purposes only and does not constitute investment advice. Consult a certified financial advisor before making investment decisions.