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CONCORD CONTROL SYSTEMS LIMITED IPO

CONCORD CONTROL SYSTEMS LIMITED was a SME IPO, offered at ₹53–₹55 per share. The issue was subscribed 267.76× overall (QIBs 37.75×, NIIs 225.84×, retail 424.26×). It listed on 10 Oct 2022 and closed its first day at ₹110, a listing gain of +99.9% versus the ₹55 issue price.

Frequently asked questions

How many times was the CONCORD CONTROL SYSTEMS LIMITED IPO subscribed?
The CONCORD CONTROL SYSTEMS LIMITED IPO was subscribed 267.76× overall — 37.75× in the QIB category, 225.84× among non-institutional investors, 424.26× in retail.
What were the CONCORD CONTROL SYSTEMS LIMITED IPO listing gains?
CONCORD CONTROL SYSTEMS LIMITED listed on 10 Oct 2022, closing its first day at ₹110 — a listing gain of +99.9% versus the ₹55 issue price.
What were the retail allotment odds for the CONCORD CONTROL SYSTEMS LIMITED IPO?
Retail was subscribed 424.26×, so a single-lot application had roughly a 0.2% chance of allotment (about 1 in 424), and allotment was finalised on 4 Oct 2022.
What was the price band and lot size of the CONCORD CONTROL SYSTEMS LIMITED IPO?
The price band was ₹53–₹55 per share.