CONCORD ENVIRO SYSTEMS LIMITED INITIAL PUBLIC OFFERING TO OPEN ON THURSDAY DECEMBER 19, 2024

Concord Enviro Systems Limited (“CESL” or “The Company”), shall open the Bid / Offer Period in relation to its initial public offer of the Equity Shares on  Thursday,  December 19, 2024.

The Anchor Investor Bid/Offer Period opens and closes on Wednesday, December 18, 2024. The Bid/Offer Period will close on Monday, December 23, 2024. (“Bid Details”)

The Price Band of the Offer has been fixed at ₹ 665 to ₹ 701 per Equity Share (“Price Band”). Bids can be made for a minimum of 21 Equity Shares and in multiples of 21 Equity Shares thereafter. (“Bid Lot”).

The Offer comprises of fresh issue of Equity Shares aggregating upto 1,750.00 million and the offer for sale comprises of up to 4,186,368 Equity Shares by AF Holdings (“Investor Selling Shareholder”); up to 150,600 Equity Shares by Prayas Goel, up to 150,500 Equity by Prerak Goel (together with Prayas Goel, the “Promoter Selling Shareholders”); up to 92,420 Equity Shares by Pushpa Goel, up to 31,500 Equity Shares by Nidhi Goel and up to 29,500 Equity Shares by Namrata Goel (together with Pushpa Goel and Nidhi Goel, the “Promoter Group Selling Shareholder” and together with the Investor Selling Shareholder, Promoter Selling Shareholders, the “Selling Shareholders”) 

This Equity Shares are being offered through the Red Herring Prospectus of the Company dated December 14, 2024 filed with the Registrar of Companies, Maharashtra at Mumbai. (“ROC”)

The Equity Shares to be offered through the Red Herring Prospectus are proposed to be listed on the stock exchanges being BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE” together with BSE, the “Stock Exchanges”). For the purposes of the Offer, BSE is the Designated Stock Exchange. (“Listing Details”)

Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited are the book running lead managers to the Offer (“BRLMs”)