GP Eco Solutions India
GP Eco Solutions India Info
Details about the GP Eco Solutions India IPO. Opening Date of GP Eco Solutions India is 14 Jun 24 and Closing Date is 19 Jun 24 . Face Value of Each share of GP Eco Solutions India is ₹10 per share. Price band of GP Eco Solutions India is ₹90 to ₹94. The Lot size of GP Eco Solutions India is 1,200 shares. Total issue size of GP Eco Solutions India IPO is ₹30.79 cr. Fresh Issue of GP Eco Solutions India IPO is 30.79 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of GP Eco Solutions India is 8,434,800. Share Holding Post Issue of GP Eco Solutions India is 11,710,800.
Business Summary
GPES Solar is involved in the distribution of a wide range of solar inverters and solar panels. GPES Solar is an authorized distributor of Sungrow India Pvt Ltd or “Sungrow” for Solar Inverters in North India, and GPES Solar is also an authorized distributor for Saatvik Green Energy Private Limited or “Saatvik” and LONGi Solar Technology Co. Ltd or “LONGi” for solar panels in North India.
Company also has its own brand called 'Invergy'. Invergy deals in OEM manufacturing for hybrid and LFP products
GP Eco Solutions India IPO Details
| Open Date | 14 Jun 24 |
|---|---|
| Close Date | 19 Jun 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹90 - ₹94 |
| Lot Size | 1,200 Shares |
| Total issue Size | 3,276,000 Shares ₹30.79 cr |
| Fresh Issue | 3,276,000 Shares ₹30.79 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 8,434,800 |
| Share Holding Post Issue | 11,710,800 |
| Market Maker | Ss Corporate Securities |
| Market Maker Portion | 327,600 Shares |
| RHP , DHRP | View RHP, View DRHP |
GP Eco Solutions India IPO Timeline
The GP Eco Solutions India Initial Public Offering (IPO) is set to open on 14 Jun 24 and will end its subscription phase on 19 Jun 24. You can check your allotment status for GP Eco Solutions India on 20 Jun 24. The refund process for your funds will start promptly on 21 Jun 24. GP Eco Solutions India IPO credit of shares will be on 21 Jun 24. The listing date for GP Eco Solutions India is on 24 Jun 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
GP Eco Solutions India IPO Reservation
The GP Eco Solutions India IPO reserves shares for different investor categories. Approximately Not more than 50.00% of the Net offer will be available for QIB, Not less than 15.00% of the Offer will be available for NII, Not less than 35.00% of the Offer will be available for Retail,
327,600 Shares will be reserved for subscription by Ss Corporate Securities
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50.00% of the Net offer |
| NII | Not less than 15.00% of the Offer |
| Retail | Not less than 35.00% of the Offer |
GP Eco Solutions India IPO Lot Size
Bids can be made for minimum of 1200 shares and in multiple of 1200 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,200 | 112,800 |
| Retail (Max) | 1 | 1,200 | 112,800 |
| HNI (Min) | 2 | 2,400 | 225,600 |
GP Eco Solutions India IPO Promoters Holding
Promoters holding details for GP Eco Solutions India in the current issue is as follows: The share holding of promoters before the issue stands at 86.4%, and after the issue, it has been adjusted to 62.23%.
Promoters of GP Eco Solutions India are Mr. Deepak Pandey, Mrs. Anju Pandey, Mr. Astik Mani Tripathi,
| Share Holding Pre Issue | 86.4% |
|---|---|
| Share Holding Post Issue | 62.23% |
GP Eco Solutions India Financial Information
Financial performance details for GP Eco Solutions India over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Mar 24 | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|---|
| Assets | 8,168.46 | 4,728.75 | 4,715.19 | 1,904.89 | 1,429.81 |
| Revenue | 11,552.74 | 7,858.88 | 10,447.63 | 8,352.99 | 4,652.91 |
| Profit After Tax | 866.65 | 473.27 | 369.82 | 277.17 | 96.94 |
GP Eco Solutions India IPO Key Performance Indicator
Key Performance Indicators (KPIs) for GP Eco Solutions India are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 21.44 |
| ROE | 44.59% |
| RoNW | 42.70 |
| EPS (Rs) | 4.38 |
Object of the Issue
- • To Meet Working Capital requirements of the Company
- • 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
- • General Corporate Expenses
Contact Details for GP Eco Solutions India
Phone
Office
B-39, Sector-59, Gautam Buddha Nagar, Noida - 201301
Registrar Details for GP Eco Solutions India
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Corporate Capitalventures Pvt Ltd