GP Eco Solutions India Ltd IPO
Price Range
₹90 - ₹94
-
Min. Quantity
1,200 Shares
Closes on
19 June 2024
-
Min. investment
₹1,12,800
GP Eco Solutions India Ltd IPO Timeline
| Event | Date |
|---|---|
| GP Eco Solutions India Ltd IPO Opening Date | 14 June 2024 |
| GP Eco Solutions India Ltd IPO Closing Date | 19 June 2024 |
| Basis of Allotment | 20 June 2024 |
| Initiation of Refunds | 20 June 2024 |
| Credit of Shares to Demat | 21 June 2024 |
| GP Eco Solutions India Ltd IPO Listing Date | 24 June 2024 |
GP Eco Solutions India Ltd IPO Details
| GP Eco Solutions India Ltd IPO Date | 14 June 2024 to 19 June 2024 |
| GP Eco Solutions India Ltd IPO Face Value | ₹10 per share |
| GP Eco Solutions India Ltd IPO Price | ₹90 to ₹94 per share |
| GP Eco Solutions India Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹30.79 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹30.79 Cr) |
| Offer for Sale | - |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Deepak Pandey, Anuj Panday, Astik Mani Tripathi |
GP Eco Solutions India Ltd IPO Lot Size
The GP Eco Solutions India Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,12,800).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,12,800 |
| Maximum | 1 | 1,200 | ₹1,12,800 |
- Strengths
- Risks
- Opportunities
- Experienced Promoter and management team with strong industry expertise and successful track record.
- The Company has long term relationships with marquee brands supported by its committed strategy on engagement with customers.
- Good track record for the last 3 years.
- Distributorship of Sungrow, Saatvik, Longi in Northern India.
Company Financials
GP Eco Solutions India Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 152.52 | 241.06 | 10.25 |
| 03-2024 | 57.56 | 136.57 | 7.03 |
| 03-2023 | 47.15 | 104.48 | 3.70 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements of the company GP Eco Solutions
- Investment in its subsidiary invergy india pvt ltd (IIPL) in relation to purchase of plant and machinery and other misc asset and also towards construction civil works for its facility
- General corporate expenses
GP Eco Solutions India Ltd IPO Promoter Holding
| Pre Issue Share Holding | 38.24% |
| Post Issue Share Holding | 27.55% |
GP Eco Solutions India Ltd IPO Subscription Status (Bidding Detail)
The GP Eco Solutions India Ltd IPO is subscribed 739 times on 19 June 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 739 |
GP Eco Solutions India Ltd IPO Prospectus
GP Eco Solutions India Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | NSE - SME |
| ISIN | INE0S7E01015 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
B-39 Sector-59Gautam Buddha Nagar,Noida-201301
Phone: +91 89600 95217
Email: cs@gpecosolutions.com
Website: www.gpecosolutions.com
GP Eco Solutions India Ltd IPO Registrar
GP Eco Solutions India Ltd IPO Lead Manager(s)
- Corporate Capitalventures Pvt Ltd
How to Check the Allotment Status of GP Eco Solutions India Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “GP Eco Solutions India Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About GP Eco Solutions India Ltd IPO
GP Eco Solutions India Ltd was originally incorporated on July 30, 2010 as a Private Limited Company as 'GP Eco Solutions India Private Limited' with the Registrar of Companies, Kanpur. Thereafter, Company converted to Public Limited Company and the name of Company
FAQ
What is the issue size of GP Eco Solutions India Ltd IPO?
I have pre-applied for GP Eco Solutions India Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.