Incorporated in 2011, Concord Control Systems Limited is engaged in the business of manufacturing and supply of coach-related and electrification products for Indian Railways and other Railway Contractors. The company manufactures products required in railway coaches like Inter-Vehicular Coupler, Emergency Lighting System, Brushless DC carriage fan, Exhaust fans, Cable Jackets, Bellows etc. and products required in the electrification of coaches and broad gauge network of Indian Railways like Battery Charger 200 AH, Battery Charger 40 AH, Tensile Testing Machine.
Concord Control Systems Limited is an approved vendor by Research Design and Standards Organisation (“RDSO”) to manufacture and supply these products for the Indian Railways.
Currently the company has two manufacturing units situated at Lucknow, Uttar Pradesh with a total size admeasuring over 1880 sq. Mtrs.
The key clients of the company include various zones of the Indian Railways like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, East Coast Railway, North Frontier Railway, East Central Railway, Central Organisation For Railway Electrification (CORE) and organizations like KEC International Limited, Larsen & Toubro Limited, Kalpataru Power Transmission Ltd., Rail Vikas Nigam Limited, Fedders Lloyd Corporation Limited, Tata Projects Limited and many more.
Concord Control Systems SME IPO Review :
Neutral
Concord Control Systems SME IPO Review
Concord Control Systems SME IPO Date & Price Band :
| IPO Open: | Sep 27, 2022 |
| IPO Close: | Sep 29, 2022 |
| IPO Size: | ₹8.31 Crores |
| Price Band: | ₹53 to ₹55 per share |
| Listing on: | BSE SME |
| Retail Portion: | Not less than 35% of the Net Offer |
| Equity: | 1,532,000 shares |
| Face Value: | ₹10 per share |
Concord Control Systems SME IPO Market Lot:
- Shares: Minimum 2000 shares