Concord Enviro Systems IPO GMP History
Concord Enviro Systems IPO has been listed on December 27, 2024 at a listing price of ₹826, against the issue price of ₹701 — a gain of ₹125 (+17.83%). The GMP peaked at ₹120 on 25 December 2024 and reached a low of ₹39 on 22 December 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Concord Enviro Systems IPO raised ₹500.33 Cr. through its IPO at a price band of ₹665 to ₹701 per share, with a lot size of 21 shares. The IPO was open for subscription from 19 Dec 2024 to 23 Dec 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:34 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 26 Dec 2024 | ₹ 107 | ▼ | 15% | — | — |
| 25 Dec 2024 | ₹ 120 | ▲ | 17% | — | — |
| 24 Dec 2024 | ₹ 55 | ▲ | 8% | — | — |
| 22 Dec 2024 | ₹ 39 | ▼ | 6% | — | — |
| 21 Dec 2024 | ₹ 47 | ▼ | 7% | — | — |
| 20 Dec 2024 | ₹ 53 | ▼ | 8% | — | — |
| 18 Dec 2024 | ₹ 65 | — | 9% | — | — |
Concord Enviro Systems IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 19 Dec 2024
- Close 23 Dec 2024
- Allotment 24 Dec 2024
- Refund/credit 26 Dec 2024
- Listing 27 Dec 2024
Concord Enviro Systems IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹701 |
|---|---|
| GMP-based estimate (pre-listing) | ₹808 (+15.3%) |
| Listing gain / loss | +₹125 per share |
| Listing date | 27 Dec, 2024 |
| Actual listing price | ₹826 (+17.83%) |
Is Concord Enviro Systems IPO GMP reliable?
Grey market premium for Concord Enviro Systems IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Concord Enviro Systems IPO full review for a fundamentals-based assessment before making any grey market trades.
Concord Enviro Systems IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Concord Enviro Systems IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Concord Enviro Systems IPO
Concord Enviro Systems Limited was incorporated as Concord Enviro Systems Private Limited on 1 July 1999. It provides water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology.
ZLD systems recycle and recover clean water from industrial effluent, leaving only solid waste. It has in-house skills across the value chain, from design and manufacturing to installation, commissioning and operations and maintenance.
Its promoters are Prayas Goel and Prerak Goel.
The IPO was Rs 500.33 crore, with Rs 175.00 crore of fresh issue and Rs 325.33 crore of offer for sale by investor AF Holdings and promoter group members. Fresh money was planned for its subsidiaries, new technologies and repaying borrowings.
Frequently asked
What is the GMP of Concord Enviro Systems IPO?
The current Grey Market Premium (GMP) of Concord Enviro Systems IPO is ₹ 107.
What is the Kostak Price of Concord Enviro Systems IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Concord Enviro Systems IPO is not available.
What is the Subject to Sauda Price of Concord Enviro Systems IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Concord Enviro Systems IPO?
Concord Enviro Systems IPO listed on December 27, 2024 at ₹826, against the issue price of ₹701 — a gain of +17.83%.
How did the GMP of Concord Enviro Systems IPO trend before listing?
The GMP of Concord Enviro Systems IPO was falling in its final days before listing. The GMP peaked at ₹120 on 25 December 2024. View the day-wise table above for the complete GMP history.
Explore Concord Enviro Systems IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
