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 International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more.
Concord Control Systems SME IPO Review :
Concord Control Systems SME IPO Date & Price Band :
|IPO Open:||Sep 27, 2022|
|IPO Close:||Sep 29, 2022|
|IPO Size:||₹8.31 Crores|
|Price Band:||₹53 to ₹55 per share|
|Listing on:||BSE SME|
|Retail Portion:||Not less than 35% of the Net Offer|
|Face Value:||₹10 per share|
Concord Control Systems SME IPO Market Lot:
- Shares: Minimum 2000 shares Advertisement
- Minimum Amount: ₹110,000
- Maximum Amount: ₹110,000
Concord Control Systems SME IPO Allotment & Listing:
- Basis of Allotment: Oct 4, 2022
- Refunds: Oct 6, 2022
- Credit to Demat accounts: Oct 7, 2022
- Listing: Oct 10, 2022
Concord Control Systems SME IPO Form Download:
How to apply Concord Control Systems IPO? You can apply Concord Control Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Concord Control Systems IPO in the Invest section. The other option you can apply Concord Control Systems IPO via IPO forms download via the BSE website. Check out the Concord Control Systems forms – click BSE IPO Forms download, fill and submit in your bank or with your broker.
Concord Control Systems SME Financial:
|Period Ended||Total Assets||Total Revenue||Profit After Tax|
- Mr. Nitin Jain
- Mr. Gaurav Lath
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
Concord Control Systems SME IPO Registrar
Bigshare Services Pvt Ltd
Concord Control Systems SME IPO Lead Managers:
- Hem Securities Limited
What is Concord Control Systems SME IPO Open Date for QIB, NII, and Retail?
Concord Control Systems SME IPO will open on Sep 27, 2022
Concord Control Systems SME IPO Size?
Concord Control Systems IPO size is Approx ₹8.31 Crores
Concord Control Systems SME IPO Price Band?
Concord Control Systems SME IPO Price Band is ₹53 to ₹55 per share
Concord Control Systems SME IPO Minimum Lot Size?
The minimum bid is 2000 Shares with a ₹1,532,000 shares
What is Concord Control Systems SME IPO Allotment Date?
Concord Control Systems SME IPO allotment date is Oct 4, 2022
What is Concord Control Systems SME IPO Listing Date?
Concord Control Systems SME IPO listing date is Oct 10, 2022. The IPO is to list on BSE SME.