Decent Debut! Concord Enviro Systems share price lists at 19% premium over issue price on BSE

Concord Enviro Systems listing price: Shares of Concord Enviro Systems made a healthy debut on the stock exchanges on Friday, December 27 as they listed at 832 on the BSE, a premium of 18.69 per cent over the issue price of 701.

Meanwhile, on NSE, Concord Enviro Systems share price listed at a premium of 17.83 per cent at 826.

Concord Enviro Systems IPO, which ran from December 19 to December 23, closed with a subscription of 10.67 times. The IPO received bids for 5,35,33,347 shares as against 50,15,356 shares on offer. The qualified institutional buyer quota was subscribed 17.32 times, the non-institutional investor quota 14.2 times and the retail portion 5.56 times.

The public offer of Concord Enviro Systems was priced in the…

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