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anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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IPO Synopsis
Concord Control Systems Ltd
Registered Office: G-36 UPSIDC Industrial Area, Deva Road Chinhat, Lucknow - 226019, Uttar Pradesh
Phone: 1
Email: 1
Website: 1
Initial public offer of upto 15,12,000* equity shares of face value of Rs.10/- each (the "Equity Shares") of Concord Control Sytems Limited ("The Company" or "CCSL" or "The Issuer") at an issue price of Rs. 55/- per equity share for cash, aggregating up to Rs. 8.32 crores ("Public Issue") out of which 78,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 55 per equity share for cash, aggregating Rs. 0.43 crores will be reserved for subscription by the market maker to the issue (the "Market Maker Reservation Portion"). The public issue less market maker reservation portion i.e. issue of 14,34,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. 55/- per equity share for cash, aggregating upto Rs. 7.89/- crores is herein after referred to as the "Net Issue". The public issue and net issue will constitute 26.47% and 25.11% respectively of the post- issue paid-up equity share capital of the company. *Subject to finalization of basis of allotment The face value of the equity shares is Rs. 10/- each. The issue price is 5.5 times with the face value of the equity shares. The anchor investor issue price is Rs. 55/- per equity share. The floor price is 5.5 times of the face value of the equity shares. Bids can be made for a minimum of 2000 equity shares and in multiples of 2000 equity shares thereafter.
Issue Money Payable On
Opens On Closes On Application Allotment
27-Sep-2022 29-Sep-2022 55.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 7.49
Project Financed through Current Offer 8.32
Post Issue Equity Share Capital 5.71
Issue Price 55.00
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Nitin Jain
Gaurav Lath
BSE - SME
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.