Concord Control Systems IPO Subscription Details

Bookbuilding IPO | ₹8 Cr | Listed at BSE SME | Tue, Sep 27, 2022 - Thu, Sep 29, 2022

Basis of Allotment - Concord Control Systems IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,88,0004,28,0007,16,0002,16,0005,02,00014,34,000
Allotment price (Rs.)555555555555
No.of applications202223,2081,05,6301,08,860
No.of shares applied1,04,54,0007,28,0001,11,82,0006,67,92,00021,12,60,00028,92,34,000
Amount collected (Rs.cr.)57.50 4.00 61.50 367.36 1,161.93 1,590.79
No.of times subscribed36.301.7015.60309.22420.84200.74
No.of shares allotted2,88,0004,28,0007,16,0002,16,0005,02,00014,34,000
Amount (Rs.cr.)1.58 2.35 3.94 1.19 2.76 7.89
No.of allottees18220105251376

IPO Shares Offered

Concord Control Systems IPO is a public issue of 0.14 Cr equity shares. The issue offers 0.05 Cr shares to retail investors, 0.07 Cr shares to qualified institutional buyers, and 0.02 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
Market Maker78,0000.43 5.16%
QIB 7,16,0003.94 47.35%
    Anchor 4,28,000 2.35 28.31%
    QIB (Ex Anchor) 2,88,000 1.58 19.05%
NII 2,16,0001.19 14.29%
Retail5,02,0002.76 33.20%
Total15,12,0008.32 100%

Concord Control Systems IPO Anchor Investor Allocation

A total of 4,28,000 shares at a price of Rs 55 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 26, 2022
Anchor investor price₹55.00
Anchor investors as % of QIBs59.78%
No. of shares locked-in for 30 days2,14,000
No. of shares locked-in for 90 days2,14,000
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 MAVEN INDIA FUND MAVEN 2,46,000 1.35 57.48 16.27
2 INDIA-AHEAD VENTURE TRUST INDIA-AHEAD VENTURE 1,82,000 1.00 42.52 12.04
4,28,0002.3510028.31

IPO Subscription FAQs

The Concord Control Systems IPO is subscribed 202.4059 times by Sep 29, 2022 18:59.

Concord Control Systems IPO Subscription

Investor Category Subscription (times)
Qualified Institutional15.1844
Non Institutional307.3981
Retail Individual424.2629
Total Subscription202.4059

Retail category of Concord Control Systems IPO subscribed 424.2629 times as of date Sep 29, 2022 18:59. The public issue closes on Thu, Sep 29, 2022 for bidding.

An investor can apply in Concord Control Systems IPO online via bank (using ASBA) or the broker (using UPI). The Concord Control Systems IPO shares are offered online only.

The Concord Control Systems IPO is subscribed 202.4059 times by Sep 29, 2022 18:59.

The Concord Control Systems IPO allotment status is expected on or around Tuesday, October 4, 2022. Visit Concord Control Systems IPO allotment status to check.

The Concord Control Systems IPO listing date is October 10, 2022. The equity share of Concord Control Systems IPO will list on BSE SME.

Visit Concord Control Systems IPO subscription status page for real-time bidding information about Concord Control Systems IPO.

Concord Control Systems IPO Timetable

IPO opens OnTuesday, September 27, 2022
IPO Closes OnThursday, September 29, 2022
Finalisation of Basis of AllotmentTuesday, October 4, 2022
Initiation of RefundsThursday, October 6, 2022
Credit of Shares to Demat AccountFriday, October 7, 2022
IPO Listing DateMonday, October 10, 2022
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