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Open
27 Sep 2022
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Close
29 Sep 2022
3
Allotment
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Listing
Mon, Oct 10, 2022
Price Band
₹53 to ₹55
Issue Size
15,12,000 shares (agg. up to ₹8 Cr)
Lot Size
2,000 Shares
Listing Date
Mon, Oct 10, 2022
Latest GMP
₹75
Est. Gain
136.36%
✦ AI Insight
GMP Trend
10-10-2022₹75Est. ₹130+136.36%
09-10-2022₹71Est. ₹126+129.09%
08-10-2022₹70Est. ₹125+127.27%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 200.74x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 14.67 | 12.51 | 8.38 |
| Total Income | 31.74 | 17.61 | 15.89 |
| Profit After Tax | 2.59 | 1.43 | 1.05 |
| NET Worth | 7.54 | 4.95 | 3.51 |
| Reserves and Surplus | 7.34 | 4.75 | 3.30 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Containe Technologies Ltd. | SME | ₹2.62 Cr | ₹15 | 214 | ₹23.10 | +54.00% | ₹24.39 (+1.25%) |
| Ishan International Ltd. | SME | ₹18.24 Cr | ₹80 | 38.09 | ₹82.80 | +3.50% | ₹0.45 (-10.00%) |
| Quality RO Industries Ltd. | SME | ₹2.70 Cr | ₹51 | 113 | ₹53.70 | +5.29% | ₹45.90 (-10.00%) |
| Syrma SGS Technology Ltd. | Mainboard | ₹840.13 Cr | ₹220 | 50.69 | ₹310.50 | +41.14% | ₹1,359.10 (-4.46%) |
| Tega Industries Ltd. | Mainboard | ₹619.23 Cr | ₹453 | null | ₹726.05 | +60.28% | ₹1,622.20 (-1.54%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 7.00 |
| 2 | General Corporate Purpose | 0.49 |
About Concord Control Systems IPO
Incorporated in 2011, 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 manufactures 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 the electrification of coaches and broad gauge network of Indian Railways like Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine. Concord Control Systems Limited is an approved vendor by Research Design and Standards Organisation ("RDSO") to manufacture and supply these products for the Indian Railways. Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with a total size admeasuring over 1880 sq. Mtrs. The key clients of the company 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 Inte
Contact Details
Concord Control Systems Ltd. AddressG-36 U.P.S.I.D.C, Industrial AreaDeva Road, ChinhatLucknow, Uttar Pradesh, 226019+91-78000 08745info@concordgroup.inVisit Website