Concord Enviro Systems IPO Subscription Status
Concord Enviro Systems IPO was subscribed 10.72 times when bidding closed on 23 Dec 2024: QIB 16.73x, NII 14.47x, Retail 5.67x.
The Concord Enviro Systems IPO has been subscribed 10.72x times overall. Retail investors have shown interest with bids for 5.67x the shares available. The Non-Institutional Investor (NII) category has been subscribed 14.47x. Within NII, Big HNI (B-HNI) subscribed 14.36x and Small HNI (S-HNI) subscribed 14.68x. Qualified Institutional Buyers (QIBs) have subscribed 16.73x. Data last updated on 10 Nov, 11:34 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 19 Dec, 2024 and closes on 23 Dec, 2024. The shares are expected to list on stock exchanges on 27 Dec, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 16.73x |
| NII | - of - - | 14.47x |
bHNI — bid amount above ₹10 Lakh |
- - | 14.36 |
sHNI — bid amount ₹2–10 Lakh |
- - | 14.68 |
| Retail | - of - - | 5.67x |
| TOTAL | - - | 10.72x |
Concord Enviro Systems IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 17.6% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 16.73x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
23 Dec 2024
Day 3 |
10.72x | ▼ | |
|
QIB16.73x
BHNI14.36x
SHNI14.68x
Retail5.67x
|
|||
|
20 Dec 2024
Day 2 |
1.24x | ▼ | |
|
QIB0.01x
BHNI0.52x
SHNI1.99x
Retail2.01x
|
|||
|
19 Dec 2024
Day 1 |
0.59x | ▼ | |
|
QIB-
BHNI0.16x
SHNI0.73x
Retail1.02x
|
|||
Concord Enviro Systems IPO dates
From the bidding window 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
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Concord Enviro Systems IPO?
As of IPO close date (23 Dec, 2024), the Concord Enviro Systems IPO is subscribed 10.72x times. Retail category is 5.67x, and NII is 14.47x subscribed.
When is the allotment date for Concord Enviro Systems IPO?
The allotment for Concord Enviro Systems IPO is expected to be finalized on 24 December, 2024.
What is the GMP of Concord Enviro Systems?
The Grey Market Premium (GMP) for Concord Enviro Systems is currently ₹107, indicating a potential listing gain of 15%.
When will Concord Enviro Systems IPO list on the stock market?
Concord Enviro Systems is scheduled to list on BSE and NSE on 27 December, 2024.
What are the chances of getting allotment in Concord Enviro Systems IPO?
The retail category is oversubscribed at 5.67x, meaning allotment is by lottery. Statistically, approximately 1 in 6 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 16.73x mean for Concord Enviro Systems IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 16.73x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Concord Enviro Systems IPO allotment status?
After the allotment date (24 Dec, 2024), you can check your Concord Enviro Systems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Concord Enviro Systems IPO further
Track every stage of this IPO, from subscription to listing.
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Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
