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Concord Enviro Systems files IPO papers with Sebi
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Enviro Systems has filed its draft red herring prospectus (DRHP) with the Securities & Exchange Board of India for an Initial Public Offering (IPO). The company's offer will consist of a fresh issue of Rs 192.3 crore and an offer for sale (OFS) of 51.95 lakh shares.
The company is a provider of wastewater treatment and reuse solutions. It made a profit of Rs 41.4 crore in FY24, while the revenue from operations was Rs 496.8 crore.
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. Read more on economictimes.indiatimes.com
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