Concord Enviro Systems lists with 19% premium on the BSE
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Concord Enviro Systems has debuted at Rs 832.00 on the BSE, up by 131 points or 18.68% from its issue price of Rs 701.00.
The scrip is currently trading at Rs 823.00, up by 122 points or 17.40% from its issue price.
It has touched a high and low of Rs 858.95 and Rs 800.50 respectively. So far 4.28 lakh shares were traded on the counter.
The offering, which was open for subscription between December 19, 2024 and December 23, 2024 was subscribed 10.67 times. The issue price was fixed at Rs 701 per share i.e. at upper end of price band of Rs 665-701 apiece.
Concord Enviro Systems is engaged in the business of manufacturing water treatment systems, water pollution control equipment, bio filters, resource recovery systems using membrane technology and operational and maintenance services.
