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Concord Control Systems Ltd
Registered Office:
G-36 UPSIDC Industrial Area,Deva Road Chinhat, Lucknow - 226019, Uttar Pradesh, India.
Initial public offer of upto 15,12,000 equity shares of face value of Rs.10/- each (the "Equity Shares") of Concord Control Systems Lilmited ("The Company" or "CCSL" or "The Issuer") at an issue price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] crores ("Public Issue") out of which 78,000 equity shares of face value of Rs. 10 each, at an issue price of Rs. [*] per equity share for cash, aggregating Rs. [*] 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. [*] per equity share for cash, aggregating upto Rs. [*] 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. Price Band: Rs. 53 to Rs. 55 per equity share of the face value Rs. 10 each. The floor price is 5.3 times of the face value and the cap 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
Opens On Closes On
27-Sep-22 29-Sep-22
Money Payable On
Application Allotment
53.00 0.00
Minimum Application for shares in Nos : 2000  Further Multiples of : 2000
()(Cr.) Lead Managers to the Issue
Project Cost () 0.00 Hem Securities Ltd
Project Financed through Current Offer () 8.01  
Post Issue Equity Share Capital () 0.00  
Issue Price () 53.00  
Projects
To meet working capital requirements
General corporate purposes
Promoted By
Nitin Jain
Gaurav Lath
Listing At
BSE - SME
Registrar to the Issue