GP Eco Solutions India Ltd
Price Range
₹90 - ₹94
Min. Quantity
1,200
Closes on
19 June 2024
Min. investment
₹1,12,800/1,200 Shares
GP Eco Solutions India Ltd IPO Timeline
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
| 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 |
|---|---|---|---|
| 03-2024 | 57.56 | 136.57 | 7.03 |
| 03-2023 | 47.15 | 104.48 | 3.70 |
| 03-2022 | 19.05 | 83.53 | 2.77 |
| 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
| Listing Date | 24 June 2024 |
| BSE Script | 92921 |
| NSE Symbol | GPECO |
| Listing In | NSE - SME |
| ISIN | INE0S7E01015 |
| IPO Price | ₹94 |
| Face Value | ₹10 |
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
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.