Concord Enviro IPO Allotment Date Today; Shares To Be Credited by Dec 26

Concord Enviro IPO allotment status is set for today, December 24, 2024. You can check the allotment status on the registrar’s website, Link Intime India Private Ltd, as well as on the NSE and BSE websites.

Successful bidders can expect the shares to be credited to their demat accounts on Thursday, December 26. Those who did not receive an allotment will likely receive refunds on the same day.

Subscription Status

Concord Enviro Systems IPO was opened from December 19 to December 23, 2024, and achieved an overall subscription of 10.67 times. The qualified institutional buyers (QIB) category was subscribed 17.32 times, while the non-institutional investor (NII) and retail investor portions saw subscriptions of 14.2 times and 5.56 times, respectively, as of December 23, 2024, 6:19 PM.

Details of the Concord Enviro IPO

Concord Enviro IPO is a book-built issue totalling ₹500.33 crore. It includes a fresh issue of ₹175 crore (0.25 crore shares) and an offer for sale worth ₹325.33 crore (0.46 crore shares)

The price band for the IPO was set between ₹665 to ₹701 per share. The minimum lot size for an application is 21. The minimum amount of investment required by retail investors is ₹14,721.

Concord Enviro shares are scheduled to be listed on both the NSE and BSE on December 27, 2024.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.