Concord Enviro Systems commenced trading on the BSE at ₹832, marking a premium of ₹131 or 18.68% over its issue price of ₹701.

Currently, the stock is trading at ₹823, up by ₹122 or 17.40% from its issue price. It has reached an intraday high of ₹858.95 and a low of ₹800.50, with 4.28 lakh shares traded so far.

The IPO, open for subscription from December 19 to December 23, 2024, was oversubscribed 10.67 times. The issue price was set at ₹701 per share, the upper limit of its price band of ₹665-701 apiece.

Concord Enviro Systems specializes in manufacturing water treatment systems, pollution control equipment, biofilters, resource recovery systems with membrane technology, and offers operational and maintenance services.