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IPO Snapshot  
Concord Control Systems Ltd.
Issue Open Date  27-Sep-22
Issue Closing Date  29-Sep-22
Application Money 100
Allotment Money  
Price Band(Rs.) 53 - 55  
Minimum Bid Quantity. 2000  
Issue Size (Shares) 1084000  
Market Lot 1  
Objective
1. To meet working capital requirements;2. General Corporate Purpose;3. To meet issue expenses.
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors   294000   66398000   225.843537414966  
Qualified Institutional Buyers   288000   10872000   37.75  
Retail Individual Investors   288000   10872000   37.75  
Business Description
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-Veh
Promoter's Holding
Total Share Capital   4200000  
Offered to Public   1512000  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   73.53  
More
Address
G-36 U. P. S. I. D. C
Industrial Area
Deva Road
Chinhat
Lucknow ,
Uttar Pradesh ,
226019
Phone : 7800008745
Email : info@concordgroup.in
Website : www.concordgroup.in
Registrar
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
Listed at
BSE
Lead Manager
Hem Securities Ltd.
Promoters
Gaurav Lath
Nitin Jain
 
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