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GP Eco Solutions India Ltd IPO
NSE SME Bookbuilding IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹94
Issue Price
₹94
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹94
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹112,800
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
14 Jun 2024
Fri Completed
Done
Close Date
19 Jun 2024
Wed Completed
Done
Allotment
20 Jun 2023
Tue Completed
Done
Refund
21 Jun 2024
Fri Completed
Done
Demat Credit
21 Jun 2024
Fri Completed
Done
Listing Date
24 Jun 2024
Mon Completed
UPI Deadline: 19 Jun 2024
Issue Details
Pricing & Size
Issue Price
₹94 Face ₹10
Lot Size
1,200 shares
Min Investment
₹112,800
Total Issue Size
32,76,000 shares (aggregating up to ₹30.79 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
3,27,600 (10.00%)
QIB Portion
14,72,400 (44.95%)
NII / HNI
4,44,000 (13.55%)
Retail
10,32,000 (31.50%)
Employee
-
Net Offer to Public
29,48,400 shares (aggregating up to ₹27.71 Cr)
Shareholding Pattern
Pre-Issue Shareholding
84,34,800 shares
Post-Issue Shareholding
1,17,10,800 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,12,800
HNI / NII 2 2,400 ₹2,25,600
Objects of Issue
3 objectives
1
To Meet Working Capital requirements of the Company;
2
Investment in the subsidiary, Invergy India Private Limited ("IIPL") in relation to Purchase of Plant & Machineries and other Miscellaneous Assets and also towards Construction / Civil Works for its facility; and
3
General Corporate Expenses.
Lead Managers & Market Maker
Book Running Lead Managers
Corporate Capitalventures Pvt.Ltd
Market Maker
SS Corporate Securities Ltd.
IPO Timeline
Open
14 Jun
✓ Done
Close
19 Jun
✓ Done
Allotment
20 Jun
✓ Done
Listing
24 Jun
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
cs@gpecosolutions.com
Phone
+91 - 8960095217
Address
B-39, Sector-59, Gautam Buddha Nagar, Noida, Uttar Pradesh, 201301
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹94
Est. Listing
₹94
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
GP Eco Solutions India Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹94
GMP
+₹0 (+0%)
GMP Est. Listing
₹94
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 14,72,400 (44.95%) ₹1,384.06 Cr
NII / HNI (Total) 4,44,000 (13.55%) ₹417.36 Cr
Retail Investors 10,32,000 (31.50%) ₹970.08 Cr
Total ** 32,76,000 (100.00%) ₹30,794.40 Cr
Market Maker * 3,27,600 (10.00%) ₹307.94 Cr
* Based on ₹94.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
14,72,400 (44.95%)
NII
4,44,000 (13.55%)
Retail
10,32,000 (31.50%)
Market Maker
3,27,600 (10.00%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Dec 202331 Mar 202331 Mar 2022
Revenue7858.8810447.638352.99
PAT473.27369.82277.17
EBITDA
Net Worth1298.08824.81454.98
Total Assets4728.754715.191904.89
Reserves578.08804.81434.98
Borrowings1544.791316.52517.55
Key Financial Ratios
44.59%
ROE
Return on Equity
26.51%
ROCE
Return on Capital Employed
42.70%
RONW
Return on Net Worth
8.15%
PAT Margin
PAT / Revenue
1.11
D/E Ratio
Debt to Equity
5.21
P/BV
Price to Book Value
4.38
Pre EPS
EPS Pre-Issue
5.39
Post EPS
EPS Post-Issue
21.44
Pre P/E
P/E Pre-Issue
17.44
Post P/E
P/E Post-Issue
About GP Eco Solutions India Ltd

GP Eco Solutions India Limited was founded in 2010 and offers solar inverters and solar panels.

The company offers solar energy solutions by providing comprehensive engineering, procurement, and construction ("EPC") services to commercial and residential customers. The company also distributes hybrid solar inverters and lithium ferro-phosphate (LFP) batteries through its own "Invergy" brand. Invergy is active in the OEM manufacturing of hybrid and LFP products.

The company is an authorized dealer of Sungrow India Pvt Ltd or "Sungrow" for Solar Inverters in North India, as well as for Saatvik Green Energy Private Limited or "Saatvik" and LONGi Solar Technology Co Ltd or "LONGi" for solar panels in North India.

Frequently Asked Questions
What is the issue price of GP Eco Solutions India Ltd IPO?
The issue price of GP Eco Solutions India Ltd IPO is ₹94 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹112,800.
What are the IPO dates?
Opens 14 Jun 2024, closes 19 Jun 2024.
When is the listing date?
Tentative listing: 24 Jun 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹94 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

GP Eco Solutions India Ltd IPO · Expected 20 Jun 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
20 Jun 2023
Refund Initiation
21 Jun 2024
Demat Credit
21 Jun 2024
Listing Date
24 Jun 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹94
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹112,800
1 lot
Est. Listing
₹94
GMP +₹0
Key Dates
Open
14 Jun Done
Close
19 Jun Done
Listing
24 Jun Done
Registrar
Bigshare Services Pvt.Ltd
A
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