Warburg Pincus-backed logistics firm Ecom Express is looking to enter the primary market with a Rs 2,600-crore IPO, which will be a mix of fresh equity sale and an offer for sale (OFS).
Ecom Express will become the second new-age logistics firm focused on online deliveries to be listed on the Indian public bourses, after Delhivery which listed in May 2022.
Meanwhile, Concord Enviro Systems, a leading water and wastewater treatment solutions provider backed by Mauritius-based AF Holdings, is planning an IPO, which includes a fresh equity sale worth Rs 192.3 crore and an OFS of 51.94 lakh shares.
Concord Enviro Systems specializes in wastewater treatment and zero liquid discharge (ZLD) solutions. In fiscal 2024, the company serviced over 353 domestic and 24 international clients across various industries, including pharmaceuticals, chemicals, food and beverage, defence and energy, automotive, steel, and textiles.
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