Concord Enviro Systems Ltd Share Price

(CEWATER)

Concord Enviro Systems Limited was originally incorporated as Concord Enviro Systems Private Limited dated July 1 1999 issued by the Registrar of Companies at Mumbai. The name of Company was changed to Concord Enviro Systems Limited upon conversion into a Public Company and a fresh Certificate of Incorporation was issued by RoC consequent upon change of name on conversion to Public Limited Company on June 9 2022. The Company is an integrated solutions provider of industrial wastewater reuse and zero liquid discharge ZLD solutions across value chain including design component manufacturing installation and commissioning and operation and maintenance OM including digitalized solutions for analysis of customer data. The Company provide solutions to customers on a turnkey basis or on rental basis under pay per use/pay as you treat model so that customers are able to avoid large capital expenditures. The integrated solutions form their own custom designs in systems and plants including effluent treatment plants membranebased systems including ultrafiltration nanofiltration reverse osmosis and waste heat evaporators WHE. Presently the Company is engaged in manufacturing water treatment systems water pollution control equipment bio filters resource recovery systems using membrane technology and operational and maintenance services. In addition to this it offer a comprehensive suite of OM services including spare parts. It has introduced digitalized solutions to provide data capture and analysis platforms that help realtime monitoring troubleshooting errors and preventative maintenance of installed systems and plants. It has 2 manufacturing facilities one in Vasai Maharashtra and the other in Sharjah UAE. The business comprises in manufacture and sale or lease of systems and plants OM services manufacture and sale of consumables and spare parts including membranes chemicals and consumables and manufacture and sale of modules. Apart from these the Company design custom solutions and manufacture systems for industrial wastewater treatment and reuse and seawater desalination. Its solutions include treatment in wastewater using membranebased systems ZLD using WHEs and dryers and desalination of seawater. It was the first to introduce UHPRO membranes in India which has capability of high recovery rates. Apart from these the ZLD solution using ultrahigh pressure reverse osmosis UHPRO systems and advanced waste heat evaporation systems reduces total energy demand for ZLD . The waste heat evaporation plants use thermal energy from waste heat such as engine cooling heat/exhaust heat as a means to extract clean water from highly concentrated waste waters and reverse osmosis plant rejects. In year 199293 the Company supplied reverse osmosis distillation plant to the Indian Navy for user and evaluation trials. It got into offshore seawater desalination equipment supply through Subsidiary Rochem Separation Systems India Private Limited and acquired 50 equity share capital.Later in 200001 the Company expanded into installation of industrial wastewater reuse through Rochem Separation Systems India Private Limited along with Aurobindo Pharma Limited. It set up operations in Sharjah Airport International Free Zone through formation of Subsidiary Blue Water Trading and Treatment FZE in 200607. The Company ventured into to the oil and gas sector through Subsidiary Rochem Separation Systems India Private Limited in 200809. In 200910 Company acquired the entire shareholding in Reva Enviro Systems Private Limited pursuant to a Share Purchase Agreement dated June 2 2009 and expanded the manufacturing plants in the UAE through formation of a new subsidiary Concord Enviro FZE. It also diversified the business to the food and beverage sector in 201011.In 201415 it sold NF membrane plant through our Subsidiary Rochem Separation Systems India Private Limited. The Company formed a subsidiary Roserve Enviro Private Limited to carry on business in owning and providing all kinds of reverse osmosis plants and allied equipment. In 201718 Rochem Separation Systems India Private Limited installed first HPRO System and commercialized waste heat evaporators in 201819.The Company is planning to come out with a Public Issue by raising capital of Rs. 175 crore Equity Shares through Fresh Issue and by issuing upto 3569180 Equity Shares through Offer for Sale..

Share Price: ₹789.25 per share as on 03 Jan, 2025 04:04 PM
Market Capitalisation: ₹1,682.71Cr as of today
Listing date: 27 Dec, 2024