Subscribe for Concord Enviro Ltd IPO; KR Choksey

KR Choksey, has come out with its report on Concord Enviro Ltd. The research firm has recommended to “ Subscribe” the ipo in its research report as on December 18 2024.

Broker Research

December 18, 2024 / 14:42 IST

IPO

KR Choksey, Concord Enviro Ltd

Concord Enviro Systems Limited is a leading player in the water and wastewater treatment sector, specializing in providing innovative and sustainable solutions for water management. With a comprehensive portfolio that includes wastewater treatment systems, biogas plants, and reverse osmosis (RO) systems, Concord Enviro serves a wide range of industries, including municipal, industrial, and commercial sectors. The company is focused on providing tailored solutions that not only meet regulatory requirements but also promote sustainability through water reuse, recycling, and resource optimization. The company operates across multiple regions, with a significant presence in India, the UAE, and Mexico, and is well-positioned to leverage the growing demand for water treatment solutions in emerging markets. Concord Enviro is recognized for its technological expertise in advanced treatment systems, such as membrane bioreactors (MBR), Zero Liquid Discharge (ZLD) systems, and IoT-driven water management solutions that enable real-time monitoring and operational efficiency.

Valuation and Outlook

Given CES’s robust fundamentals, strong order book, innovative solutions, and alignment with global sustainability trends, we assign a ‘SUBSCRIBE’ rating to the IPO.

For all IPO report, click here