Concord Enviro Systems Limited IPO to open on December 19

Ahmedabad: Concord Enviro Systems Limited (“CESL” or “The Company”), shall open the Bid / Offer Period in relation to its initial public offer of the Equity Shares on  Thursday,  December 19, 2024, the company announced today.

“The Anchor Investor Bid/Offer Period opens and closes on Wednesday, December 18, 2024. The Bid/Offer Period will close on Monday, December 23, 2024,” the company said in a statement.

The statement also states that “the Price Band of the Offer has been fixed at ₹ 665 to ₹ 701 per Equity Share (“Price Band”). Bids can be made for a minimum of 21 Equity Shares and in multiples of 21 Equity Shares thereafter.”

:This Equity Shares are being offered through the Red Herring Prospectus of the Company dated December 14, 2024 filed with the Registrar of Companies, Maharashtra at Mumbai, the statement further said.

The Equity Shares to be offered through the Red Herring Prospectus are proposed to be listed on the stock exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” together with BSE, the “Stock Exchanges”). For the purposes of the Offer, BSE is the Designated Stock Exchange.

Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited are the book running lead managers to the Offer.