GP Eco Solutions India Limited IPO
- IPO Date14 Jun, 2024 to 19 Jun, 2024
- Listing Date24 Jun, 2024
- Face Value₹10 per share
- Issue Price₹90 to ₹94 per share
- Lot Size1200 Shares
- Minimum Investment₹1,12,800
- Listing AtNSE SME
- Total Issue Size32,76,000 Shares
(aggregating up to ₹30.79 Cr) - Fresh Issue32,76,000 Shares
(aggregating up to ₹30.79 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue84,34,800
- Shareholding post issue1,17,10,800
IPO Dates
Closing Date
19 Jun, 2024
Initiation of Refunds
21 Jun, 2024
Listing Date
24 Jun, 2024
14 Jun, 2024
Opening Date
20 Jun, 2024
Basis of Allotment
21 Jun, 2024
Credit of Shares
GP Eco Solutions India Limited Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹1,12,800 |
| B-HNI (Min) | - | - | - |
| S-HNI (Max) | - | - | - |
| S-HNI (Min) | 2 | 2400 | ₹2,25,600 |
| Retail (Max) | 1 | 1200 | ₹1,12,800 |
GP Eco Solutions India Limited Promoter Holding
Mr. Deepak Pandey, Mrs. Anju Pandey, and Mr. Astik Mani Tripathi are the promoters of the company.
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 86.4% | 62.23% |
GP Eco Solutions India Limited COMPANY INFORMATION
GPES Solar IPO is a book built issue of Rs 30.79 crores. The issue is entirely a fresh issue of 32.76 lakh shares. GPES Solar IPO opens for subscription on June 14, 2024 and closes on June 19, 2024. The allotment for the GPES Solar IPO is expected to be finalized on Thursday, June 20, 2024. GPES Solar IPO will list on NSE SME with tentative listing date fixed as Monday, June 24, 2024. GPES Solar IPO price band is set at ₹90 to ₹94 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹112,800. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹225,600. Corporate Capitalventures Pvt Ltd is the book running lead manager of the GPES Solar IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for GPES Solar IPO is Ss Corporate Securities. Refer to GPES Solar IPO RHP for detailed information.
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.
FAQs About Gp Eco Solutions India Limited Ipo (Gpes Solar Ipo)
GP Eco Solutions India Limited IPO will open on 14 Jun, 2024 and close on 19 Jun, 2024. Investors must apply within this period to participate.
The GP Eco Solutions India Limited IPO price band is set between ₹90.00 and ₹94.00 per share. The minimum lot size is 1200, requiring an investment of at least ₹112800.00.
The GP Eco Solutions India Limited IPO shares are expected to be listed on 24 Jun, 2024, subject to regulatory approvals and final allotment.
You can track your GP Eco Solutions India Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The GP Eco Solutions India Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.