Concord Enviro Systems IPO vs Quadrant Future Tek IPO

Comparison between Concord Enviro Systems IPO and Quadrant Future Tek IPO.

IPO Details

Concord Enviro Systems IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Quadrant Future Tek IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Concord Enviro Systems IPO is up to ₹500.33 Cr whereas the issue size of the Quadrant Future Tek IPO is up to ₹290.00 Cr. The final issue price of Concord Enviro Systems IPO is ₹701.00 per share and of Quadrant Future Tek IPO is ₹290.00 per share.

 Concord Enviro Systems IPOQuadrant Future Tek IPO
Face Value₹5 per share₹10 per share
Issue Price (Lower)₹665.00 per share₹275.00 per share
Issue Price (Upper)₹701.00 per share₹290.00 per share
Issue Price (Final)₹701.00 per share₹290.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)
Market Lot Size21 shares50 shares
Fresh Issue Size24,96,433 shares1,00,00,000 shares
Fresh Issue Size (Amount)up to ₹175.00 Crup to ₹290.00 Cr
OFS Issue Size46,40,888 shares0 shares
OFS Issue Size (Amount)up to ₹325.33 Crup to ₹0.00 Cr
Issue Size Total71,37,321 shares1,00,00,000 shares
Issue Size Total (Amount)up to ₹500.33 Crup to ₹290.00 Cr

IPO Timetable

Concord Enviro Systems IPO opens on Dec 19, 2024, while Quadrant Future Tek IPO opens on Jan 07, 2025. The closing date of Concord Enviro Systems IPO and Quadrant Future Tek IPO is Dec 23, 2024, and Jan 09, 2025, respectively.

 Concord Enviro Systems IPOQuadrant Future Tek IPO
Anchor Bid DateDec 18, 2024Jan 06, 2025
Issue OpenDec 19, 2024Jan 07, 2025
Issue CloseDec 23, 2024Jan 09, 2025
Basis Of Allotment (Tentative)Dec 24, 2024Jan 10, 2025
Initiation of Refunds (Tentative)Dec 26, 2024Jan 13, 2025
Credit of Share (Tentative)Dec 26, 2024Jan 13, 2025
Listing date (Tentative)Dec 27, 2024Jan 14, 2025
Anchor Lockin End date 1Jan 22, 2025Feb 08, 2025
Anchor Lockin End date 2Mar 23, 2025Apr 09, 2025

Financials & KPIs

Concord Enviro Systems IPO P/E ratio is 30.79, as compared to Quadrant Future Tek IPO P/E ratio of 59.13.

 Concord Enviro Systems IPOQuadrant Future Tek IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Aug 202431 Mar 202431 Mar 202331 Mar 2022
Assets640.09627.68592.22536.90
Total Income208.02512.27350.50337.57
Profit After Tax0.5241.445.4916.48
NET Worth319.71320.82279.23266.81
Reserves and Surplus300.59303.09258.64261.12
Total Borrowing167.53153.19131.06125.76
Amount in ₹ Crore

Company Financials (Restated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets149.66142.82118.82112.77
Total Income65.14151.82152.95104.29
Profit After Tax-12.1114.7113.901.94
NET Worth34.1844.1129.4215.61
Reserves and Surplus4.1834.1119.425.61
Total Borrowing98.0181.6174.0080.68
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)60.9393.33
Promoter Shareholding (Post-Issue)51.3970
P/E Ratio30.7959.13
Market Cap₹1450.81 Cr.₹1160.00 Cr.
ROE13.73%33.41%
ROCE14.07%26.12%
Debt/Equity0.471.86
EPS₹22.77₹4.90
RoNW12.92%33.41%

Shares Offered

In the Concord Enviro Systems IPO Retail Individual Investors (RII) are offered 24,98,063 shares while in Quadrant Future Tek IPO retail investors are offered 24,98,063 shares. Qualified Institutional Buyers (QIB) are offered 14,27,464 shares in Concord Enviro Systems IPO and 30,00,000 shares in Quadrant Future Tek IPO.

 Concord Enviro Systems IPOQuadrant Future Tek IPO
Anchor Investor Reservation21,41,195 shares45,00,000 shares
Market Maker Reservation0 shares
QIB14,27,464 shares30,00,000 shares
NII10,70,599 shares15,00,000 shares
RII24,98,063 shares10,00,000 shares
Employee0 shares
Others
Total71,37,321 shares1,00,00,000 shares

Bids Received (Subscription)

Concord Enviro Systems IPO subscribed 10.67x in total, whereas Quadrant Future Tek IPO subscribed 195.96x.

 Concord Enviro Systems IPOQuadrant Future Tek IPO
QIB (times)17.32x139.77x
NII (times)14.20x268.03x
Big NII (times)14.09x274.25x
Small NII (times)14.41x255.57x
RII (times)5.56x256.46x
Employee (times)
Other (times)
Total (times)10.67x195.96x

Compare with others

Compare:

Concord Enviro Systems IPO Vs Quadrant Future Tek IPO