Trilegal advised on the initial public offering of equity shares by Concord Enviro

Trilegal advised on the initial public offering of equity shares by Concord Enviro Systems Limited (“Concord”), aggregating to INR 5.00 billion.

We represented Concord, which is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge technology. This further strengthens Trilegal’s niche in capital market transactions by sustainability linked businesses and our commitment to environmental, social and governance goals.

The proceeds of the IPO are proposed to be used for financing capital expenditure requirements for projects, plant and machinery, prepayment or repayment of certain outstanding borrowings, funding working capital requirements, investment in a joint venture, investment in technology and other growth initiatives for access to new markets, and general corporate purposes. The IPO also provided a partial exit to GEF Capital, an investor in Concord.

The equity shares were listed on the bourses and saw an ~18% listing premium.

The book-running lead managers comprised Motilal Oswal Investment Advisors Limited and Equirus Capital Private Limited.

The Trilegal Capital Markets team advising on the matter was led by our Partner Richa Choudhary, and comprised Avanti Kale and Maitreya Rajurkar, Counsels, Sanya Chaudhari, Senior Associate; Shivayana Balodia and Siddhant Mishra, Associates.

Media Link:

https://economictimes.indiatimes.com/markets/stocks/news/concord-enviro-systems-shares-to-list-today-check-gmp-to-know-listing-potential/articleshow/116697777.cms?from=mdr

About Trilegal

Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four key cities of India.

Trilegal has been recognised as M&A Firm of the Year by IFLR Asia-Pacific 2024; Best Overall Law Firms by India Business Law Journal (IBLJ) 2024; Innovative Lawyers Asia-Pacific by Financial Times (FT) 2024; Law Firm of the Year by Deal Volume by VCCircle Awards 2024; India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; Best Law Firms to Work by Vahura 2022; Firm of the year for Client Service Excellence by Asia Law Awards 2021.

For more information, please get in touch with Anoop Siddak Singh Tuli | Mob: +91-9535377422 | BD@trilegal.com

Trending News

05 Mar 2026

Discussion Paper: Streamlining multi-state labour compliances and future...

Disclaimer

Under the rules of the Bar Council of India, Trilegal is prohibited from soliciting work or advertising in any form or manner. By accessing this website, www.trilegal.com, you acknowledge that:

You are seeking information about Trilegal of your own accord and there has been no form of solicitation, advertisement or inducement by Trilegal or its members.
This website should not be construed as providing legal advice for any purpose.
All information, content, and materials available on this website are for general informational purposes only.
Any information obtained or material downloaded from this website is completely at the user’s volition, and any transmission, receipt or use of this website is not intended to, and will not, create any lawyer-client relationship.
Information on this website may not constitute the most up-to-date legal or other information. Trilegal is not liable for the consequences of any action taken by any person based on any material or information available on this website, or for any inaccuracy in or exclusion of any information or interpretation thereof.
Readers of this website or recipients of content or information available on this website should not act based on any or all such content or information, and should always seek advice of competent legal counsel licensed to practice in the appropriate jurisdiction.
Third party links contained on this website re-directing users to such third-party websites should neither be construed as legal reference / legal advice, nor considered as referrals to, endorsements of, or affiliations with, any such third party website operators.
The communication platform provided on this website should not be used for exchange of any confidential, business or politically sensitive information.
The contents of this website are the intellectual property of Trilegal.

We prioritize your privacy. Before proceeding, we encourage you to read our privacy policy, which outlines the below, and terms of use to understand how we handle your data:

The types of information we collect and why we collect them.
How we use your information to provide a personalized experience.
The measures we take to ensure the security of your data.
Your rights and choices in managing your personal information.
How we may share information with trusted partners for specific purpose.

For more information, please read our terms of use and our privacy policy.

Deal: Initial public offering of equity shares by Concord Enviro Systems

LATEST NEWS

Trending News

A new IPO playbook? What GIFT City offers that SME exchanges don’t

Indian expats worried as West Asian conflict shatters Gulf’s safe haven ...

Are prenups enforceable in India? 4 narrow pathways to legally bind pre-...

Investments in the Healthcare Industry in India

GST 2.0 for Intermediaries-Unlocking India’s Global Services Expor...

The Big Picture: CCI Merger Control Trends in the Pharmaceutical Sector

Budget 2026 banking review panel puts regulatory coordination in focus

PE and VC funds are changing their exit strategy: IPOs fall back as bloc...

Budget tax tweaks to revive buyback momentum of cash-rich IT large caps

Why hospitals are targeting health insurance buyers

In charts: From disputes to closures, the changing face of Indian tax co...

Duty cut on personal imports to aid more cross-border e-commerce

Budget 2026: Manufacturing gets a big push amid global headwinds

No express lane: EU Gateway Office won’t give preferential treatme...

India–EU FTA to boost student, skilled worker mobility as US tightens visas

Budget 2026: Corporate Tax Extension To Customs Overhaul — Anticipated T...

The Tiger Global ruling: What it means

Tiger Global’s tax ruling casts pall on India’s buyout sector

India’s New Tax Act Reshapes the Fiscal Landscape for Businesses

Navigating India’s Merger Control Landscape: Insights for 2026

For India’s gig workers, Modi reforms skip rights protections

Labour Codes may spur hiring as firms get more flexibility to restructure

Why legacy planning in Indian businesses is moving beyond inheritance

Law firms prep for a deeper AI integration in 2026 as it enters workflows

Indian legal AI builds momentum at home, eyes global reach

India Inc to feel weight of bulkier payslips: Rise in cost of bonus, gra...

Labour codes: Gratuity, leave encashment get a boost, maternity payout d...

SCs green clearance ruling recall could push ahead stalled projects

The summoned advocate: Supreme Court reaffirming principles of attorney-...

Trilegal advised NSEFI and DISPA in landmark Bombay High Court win resto...

Will nomination make me sole owner of the asset?

Why you need a Will— and how to get it right

With AI coming in, lawyers lose case for billable hours

Real estate depreciation: A smart way for property investors to reduce t...

Is power of attorney valid to sell a property if the original owner is m...

Foreign Arbitral Award: Easy To Win, Hard To Collect

A compelling case to reform criminal defamation laws in India

Amid Sunjay Kapur’s inheritance battle, here’s what mistakes to avoid, a...

From Boardrooms to Courtrooms: Responding to Employee Data Theft

Sebi runs lean again as two whole-time member positions remain vacant

Mauritius-based FPIs get tax relief as tribunal rules mutual fund units ...

India’s H-1B visa dependence has been on a clear decline in last 6...

From paperwork to pay checks: considerations for foreign businesses sett...

SEBI’s equity tag for REITs aligns India with global best practices

Mega-IPOs, tech listings, and sponsor-backed exit to power India’s equit...

India: A Rising Academic Haven for Foreign Universities Amid Western Unc...

Digital tug of law: Mind the overlap of jurisdictions

Trilegal secures SC victory for CREDAI National and Godrej Properties in...

Nicknames, notoriety and IP: The fine print in celebrity branding

Copyright theft by AI? Don’t confuse creativity with dissemination

Non-competes fail to protect CXOs from poaching. India Inc. builds a str...

What a Schott! Apex Court Verdict on Key Concepts Under the Competition Act

Trilegal successfully represented CREDAI- Maharashtra Chamber of Housing...

Trilegal successfully represented CREDAI-MCHI and Slum Redevelopers Asso...

Deepfakes are everywhere. But it is the harm, not the tech, that needs f...

Rising stars secure equity stakes at top law firms

Law firms need to rethink strategy for AI era with focus on innovation a...

Cracking The Code: The Rights Of Nominees Of Insurance Policies Explained

Taxonomy for the Nation

India needs to take a unique approach to Gen AI regulation, says Trilega...

Geopolitics, tariffs trip up PE exits

White Collar Chronicles – Chapter 2 – The Collusion

Antitrust settlements in India: A new regulatory chapter with emerging r...

How this law firm is using AI to streamline legal practices

Trusteeship at a crossroads: Why regulation is key

Pharma and medtech marketing: Navigating the imminent disclosure deadline

A new legal architecture for nuclear power sector

Law firms plot a new course through geopolitics

SC validates PSU bond clause; legal experts say private sector unlikely ...

IBC requires urgent reforms to meet demands across various sectors

Strategic buyers and investors scouting for insolvency-affected cement a...

IBC requires urgent reforms to meet demands across various sectors

SC judgement: A turning point for IBC compliance norms?

Inter-connection in Merger Control – Why should deal makers care

A new chapter in resolving non-cartel cases

SIAC Rules 2025: Could Protective Preliminary Orders Face Enforcement Ch...

The Rights of Insurance Policy Nominees Need Legal Clarity | Mint