| IPO Listing At | BSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹8.32 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹8.32 Cr |
| Fresh Issue | ₹7.89 Cr |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹53.00-55.00 per share |
| Discount | Retail: 0.00 |
| BSE Code | 543619 |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Hem Securities Ltd. |
| Allotment Status |
| DRHP |
| RHP |
| Final Prospectus |
| Anchor List |
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Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in 2011, 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.
Concord Control Systems Limited is an approved vendor by Research Design and Standards Organisation ("RDSO") to manufacture and supply these products for the Indian Railways.
Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with a total size admeasuring over 1880 sq. Mtrs.
The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more.
As per the Restated Consolidated Financial statements, the company's revenue from operations for the Financial year ended on March 31, 2022, 2021 and 2020 were Rs. 3144.69 lakhs, Rs. 1727.05 lakhs and Rs. 1558.48 lakhs.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To meet working capital requirements | 7.00 |
| 2 | General Corporate Purpose | 0.49 |
| Period Ended | 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 |
|---|---|---|---|
| Assets | 14.67 | 12.51 | 8.38 |
| Total Income | 31.74 | 17.61 | 15.89 |
| Profit After Tax | 2.59 | 1.43 | 1.05 |
| NET Worth | 7.54 | 4.95 | 3.51 |
| Reserves and Surplus | 7.34 | 4.75 | 3.30 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 41.45% |
| ROCE | 43.74% |
| Debt / Equity | 0.42% |
| RoNW | 34.35% |
| PAT Margin | 8.17% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 6.17 | |
| P/E (x) | 12.14 | |
| Promoter Holding | 100% | 73.53% |
| Market Cap | ₹31.42 Cr. | |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees including underwriting commission | 0.23 |
| 2 | Fees Payable to Registrar to the Issue | 0.01 |
| 3 | Fees Payable for Advertising and Publishing Expenses | 0.04 |
| 4 | Fees Payable to Regulators including Stock Exchanges | 0.04 |
| 5 | Payment for Printing & Stationery, Postage, etc. | 0.02 |
| 6 | Fees Payable to Auditor, Legal Advisors and other Professionals | 0.03 |
| 7 | Others (Fees payable for Marketing & distribution expenses, Selling Commission, Syndicate Member Commission, Brokerage, Processing Fees*, and Miscellaneous Expenses) | 0.46 |
Last Updated on 13-May-2026 10:31:38