|
Issue Open Date
|
27-Sep-22
|
|
Issue Closing Date
|
29-Sep-22
|
|
Application Money
|
100
|
|
Allotment Money
|
|
|
|
|
Price Band
|
53
-
55
|
|
Minimium Application No.
|
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
|
502000
|
212980000
|
424.262948207171
|
|
|
|
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-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.
|
|
Promoter's Holding
|
|
Total Share Capital
|
4200000
|
|
Offered to Public
|
1512000
|
|
Promoter's Holding (Pre-Issue)
|
100
|
|
Promoter's Holding (Post-Issue)
|
73.53
|
|
|
|
|
|
|
|
Address |
G-36 U. P. S. I. D. C Industrial Area Deva Road Chinhat
Lucknow,
Uttar Pradesh,
226019
Phone : 7800008745 / 9919539555
Email : cs@concordgroup.in / adminoffice@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
|
|