31 Mar 2020
Assets8.38
Total Income15.89
Profit After Tax1.05
NET Worth3.51
Reserves and Surplus3.30
At a glance
Updated 2026-09-17The shares listed at ₹109.95, a 99.91% move from the issue price. Concord Control Systems is a SME IPO with an issue size of ₹8.32 crore, proposed for listing on BSE SME. The offer opens on 27th Sep 2022 and closes on 29th Sep 2022. The issue structure includes a fresh issue of ₹7.89 crore. The current listing schedule points to 10th Oct 2022.
Issue details
Listing atBSE SME
Issue typeBook Build Issue
Issue size₹8.32 Cr
Fresh issue₹7.89 Cr
Face value₹10
Price band₹53.00–₹55.00
Allotment4th Oct 2022
Listing10th Oct 2022
Listing performance
Full performance ↗Issue price₹55.00
Listing price₹109.95
Current price—
Listing gain99.91%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹75.00
GMP / upper price136.36%
Est. listing₹130.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens27th Sep 2022
Closes29th Sep 2022
Allotment4th Oct 2022
Refund6th Oct 2022
Demat7th Oct 2022
Listing10th Oct 2022
Subscription demand
Full bidding ↗Total288.52×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹110,000 |
Company
Incorporated2011
Use of proceeds
| Object | Amount |
|---|---|
| To meet working capital requirements | ₹7.00 Cr |
| General Corporate Purpose | ₹0.49 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue31.74₹ Cr · +80.2% vs prior year
PAT2.59₹ Cr · +81.1% vs prior year
Assets14.67₹ Cr · +17.3% vs prior year
Net Worth7.54₹ Cr · +52.3% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2021
Assets12.51
Total Income17.61
Profit After Tax1.43
NET Worth4.95
Reserves and Surplus4.75
31 Mar 2022
Assets14.67
Total Income31.74
Profit After Tax2.59
NET Worth7.54
Reserves and Surplus7.34
KPIs
| KPI |
|---|
| ROE |
| ROCE |
| Debt / Equity |
| RoNW |
| PAT Margin |
Valuation & shareholding
Pre-IPO EPS6.17
Pre-IPO P/E12.14
Promoter holding pre100%
Promoter holding post73.53%
Market cap₹31.42 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Concord Control Systems IPO | — | 12.14 x | — | — |
| Tipco Engineering IPO | — | 10.51 x | — | — |
| Apollo Techno IPO | — | 41.16 x | — | — |
| Admach Systems IPO | — | 13.41 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Book Running Lead manager(s) fees including underwriting commission | ₹0.23 Cr |
| Fees Payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.04 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.04 Cr |
| Payment for Printing & Stationery, Postage, etc. | ₹0.02 Cr |
| Fees Payable to Auditor, Legal Advisors and other Professionals | ₹0.03 Cr |
| Others (Fees payable for Marketing & distribution expenses, Selling Commission, Syndicate Member Commission, Brokerage, Processing Fees*, and Miscellaneous Expenses) | ₹0.46 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- Hem Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-17.
IPO UPDATE ALERTS
Register for IPO Updates →Track Concord Control Systems without missing an update
Register for subscription, GMP, allotment and listing notifications.