The GP Eco Solutions India Limited date has been confirmed from June 14, 2024 and closes on June 19, 2024. Read the post to learn about GP Eco Solutions India Limited IPO GMP.
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. 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.
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Key Details Of GP Eco Solutions India Limited IPO
Bidding Dates
June 14-19
Price Range
₹90 to ₹94 per share
Face Value
₹10 per share
GMP
₹175
GP Eco Solutions India Limited IPO GMP
The GP Eco Solutions India Limited IPO GMP is ₹175.
IPO Overview
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.
GP Eco Solutions India Limited IPO Details
| IPO Date | June 14, 2024 to June 19, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹90 to ₹94 per share |
| Lot Size | 1200 Shares |
| Total Issue Size | 3,276,000 shares (aggregating up to ₹30.79 Cr) |
| Fresh Issue | 3,276,000 shares (aggregating up to ₹30.79 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,434,800 |
| Share holding post issue | 11,710,800 |
| Market Maker portion | 327,600 shares Ss Corporate Securities |
GP Eco Solutions India Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 4,728.75 | 4,715.19 | 1,904.89 | 1,429.81 |
| Revenue | 7,858.88 | 10,447.63 | 8,352.99 | 4,652.91 |
| Profit After Tax | 473.27 | 369.82 | 277.17 | 96.94 |
| Net Worth | 1,298.08 | 824.81 | 454.98 | 177.81 |
| Reserves and Surplus | 578.08 | 804.81 | 434.98 | 157.81 |
| Total Borrowing | 1,544.79 | 1,316.52 | 517.55 | 351.37 |
| Amount in ₹ Lakhs | ||||
GP Eco Solutions India Limited IPO Timeline
| IPO Open Date | Friday, June 14, 2024 |
| IPO Close Date | Wednesday, June 19, 2024 |
| Basis of Allotment | Thursday, June 20, 2024 |
| Initiation of Refunds | Friday, June 21, 2024 |
| Credit of Shares to Demat | Friday, June 21, 2024 |
| Listing Date | Monday, June 24, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on June 19, 2024 |
Company Profile
GPS is at the forefront of India’s sustainable growth. We aim to drive India towards a green future with solar power. With a vast distribution network, we are working to bring the best solar innovations to the Indian market. We are not just promoting solar energy; we are leading the way in sustainability. Join us as we light the path to a cleaner and more sustainable India.
Discover the best in solar technology with the On-Grid Solar Roof System, highly praised in the market. This Solar-Powered Generation System (SPGS) combines solar photovoltaic power
with the grid. The power produced goes directly to the electricity provider, powering your devices with clean energy. Enjoy a simple installation process and effortless maintenance for a reliable and sustainable power solution.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | GP Eco Solutions India Limited |
| Phone number | +91 – 8960095217 |
| Email ID | [email protected] |
| Website | gpecosolutions.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
GP Eco Solutions India Limited IPO FAQs
When GPES Solar IPO will open?
The GPES Solar IPO opens on June 14, 2024 and closes on June 19, 2024.
What is the lot size of GPES Solar IPO?
GPES Solar IPO lot size is 1200 Shares, and the minimum amount required is ₹112,800.
When is GPES Solar IPO listing date?
The GPES Solar IPO listing date is not yet announced. The tentative date of GPES Solar IPO listing is Monday, June 24, 2024.
