Concord Enviro Systems’ IPO has received healthy investor interest, oversubscribed 2.33 times by 1:15 p.m. on the final bidding day. The IPO price ranges from ₹665 to ₹701 per share, with listing expected on December 27,

The shares of Concord Enviro are available in a price range of Rs 665-701 per share. Investors can bid for 21 shares in one lot and in multiples thereafter.

Concord Enviro Systems Ltd experienced a strong public offering, garnering 10.67 times the subscription on its IPO closing day. The offering, valued at Rs 500 crore, will fund expansions and reduce debt,

The Initial Public Offering (IPO) of Concord Enviro Systems Ltd received 10.67 times subscription on the final day of bidding on Monday.

Concord Enviro Systems IPO was subscribed 10.67 times on the final day, with significant interest from QIBs, retail, and non-institutional investors. The IPO includes a fresh equity sale worth Rs 175 crore and is set to raise Rs 500 crore in total.

Unlisted shares of Concord Enviro Ltd continue to trade at Rs 739 in the grey market, reflecting a GMP of 5.42% over the upper price band of Rs 701, indicating a positive listing gain for investors on December 27.

Concord Enviro has also received reviews from brokerages, including Bajaj Broking and SMIFS. Market analysts have recommended that investors subscribe to the public issue with a long-term perspective