GP Eco Solutions India Ltd

Capital Goods - Electrical Equipment

Offer Period :

14th to 6th Jun 2024

Lorem ipsum dolor sit amet consectetur. Auctor nunc ipsum vel ultricies et proin commodo vestibulum. Egestas nulla sollicitudin gravida eu adipiscing vitae ut eu. Scelerisque sagittis integer quisque nibh in sem. Read more... Lorem ipsum dolor sit amet consectetur. Auctor nunc ipsum vel ultricies et proin commodo vestibulum. Egestas nulla sollicitudin gravida eu adipiscing vitae ut eu. Scelerisque sagittis integer quisque nibh in sem.Read less

GP Eco Solutions India Ltd IPO Details

IPO Date 14th to 6th Jun 2024 Minimum Investment ₹112800 / 1 Lots
Listing Date 2024-06-24 Maximum Investment ₹112800 / 1 Lots
Face Value ₹10 per share Total Issue Size ₹30.79 Crores
Price ₹94 to ₹94 per share Fresh Issue ₹30.79 Crores
Lot Size 1 Lots (1200 Shares) Offer For Sale ₹ 0
Listing At NSE-SME Retail Discount ₹ 0
Employee Discount ₹ 0    
IPO Date 14th to 6th Jun 2024
Listing Date 2024-06-24
Face Value ₹10 per share
Price ₹94 to ₹94 per share
Lot Size 1 Lots (1200 Shares)
Listing At NSE-SME
Employee Discount ₹0 Crores
Minimum Investment ₹112800 / 1 Lots
Maximum Investment ₹112800 / 1 Lots
Total Issue Size ₹30.79 Crores
Fresh Issue ₹30.79 Crores
Offer For Sale
Retail Discount ₹ 0

Tentative Timeline

Important dates for allocation and IPO listing.

14th Jun

IPO Starts

19th Jun

IPO Ends

20th Jun

Allotment Date

20th Jun

Initiation of Refund

21st Jun

Credit of Shares to Demat Account

24th Jun

IPO Listing Date

Shareholder Pattern

  Pre-Issue Post-Issue
Promoter Group 85.19 61.36
Public Group 14.81 38.64

GP Eco Solutions India Ltd IPO Reservation

QIB Shares Offered 589200(17.99%)
NII (HNI) Shares Offered 444000(13.55%)
Retail Shares Offered 1032000(31.5%)
Anchor Investor Shares Offered 883200(26.96%)
Total Shares Offered 3276000
Total Shares With Anchor Investor 3276000

IPO Lot Size

ApplicationLotsSharesAmount
Retail (Min)---
Retail (Max)---
S-HNI (Min)---
S-HNI (Max)---

GP Eco Solutions India Ltd IPO Registrar

Bigshare Services Pvt Ltd
Phone Number +91 - 22 - 6263 8200;
Email Id ipo@bigshareonline.com
Our Website www.bigshareonline.com

GP Eco Solutions India Ltd IPO Lead Manager

1. Corporate Capitalventures Pvt Ltd

Explore IPOs


Explore comprehensive IPO details for every IPO. Access essential information such as listing price, listing date, issue price, lot size, issue size, minimum investment, and IPO timeline. Gain insights into the company's background, strengths, and potential risks. Track the subscription status and delve into the financials of the company, empowering yourself with crucial data for informed investment decisions. Stay ahead in the dynamic IPO market by staying informed on upcoming, ongoing, and past IPOs. 
 

Stay ahead in the ever-evolving IPO landscape with our comprehensive platform. We offer a holistic resource, ensuring you not only access essential details but also gain valuable insights into market trends. Navigate confidently, armed with intricate analyses, expert opinions, and real-time updates. Whether you're a seasoned investor or a novice, our user-friendly interface and extensive information empower you to make well-informed decisions. Experience the convenience of having a dedicated space where you can delve into the intricacies of IPOs, enabling a strategic and calculated approach to the dynamic stock market. 

GP Eco Solutions India Ltd IPO Subscription LIVE Status

Category No. of shares offered No. of shares bid No. of subscribed
QIB 5,89,200 56,05,200 3,71,599.0
Non Institutional Investors 7,71,600 22,64,68,800 3,71,599.0
Retail Individual Investors (RIIs) 10,32,000 44,59,18,800 3,71,599.0
Total 23,92,800 67,79,92,800 3,71,599.0

Strength of GP Eco Solutions India Ltd

1. Experienced Promoter and management team with strong industry expertise and successful track record.

2. The Company has long term relationships with marquee brands supported by its committed strategy on engagement with customers.

3. Good track record for the last 3 years.

4. Distributorship of Sungrow, Saatvik, Longi in Northern India.

Risks Involved

1. The Company has availed Bank Guarantees of Rs. 320.00 Lakh vide dated July 22, 2022 and Rs. 80.00 Lakh vide dated August 17, 2022 in favour of M/s Sungrow India Private Limited pertaining to facilities for the procurement and distribution of products obtained from M/S Sungrow India Private Limited. The company cannot assure that there will be no default done by the company in the future.

2. Its lenders have charged over the company fixed assets and book debts in respect of finance availed by it.

3. The company depends on third parties for the supply of its products and such third parties could fail to meet their obligations, which may have a material adverse effect on its business, results of operations and financial condition.

4. The company has not entered into any long-term agreements with its vendors and any shift in their decisions could adversely affect its business. Additionally, the company is dependent upon its vendors for fulfilment of needs of the company customers. Its inability to maintain relationships with the company vendors or deficiency in the goods provided by such vendors may adversely affect its business, results of operations, cashflow and profitability.

5. Its top ten clients contribute approximately 33.20%, 57.01%, and 51.76% of its revenues from operations for the year ended March 31, 2023, March 31, 2022 and March 31, 2021 respectively. Any loss of business from one or more of them may adversely affect its revenues and profitability.

6. A significant portion of its revenue is derived from Rajasthan, Haryana, Uttar Pradesh, and Delhi, and any adverse developments in these states could adversely affect its business.

7. Its results of operations and financial condition are subject to fluctuations in regional economic conditions due to the geographic concentration of our sales in the northern region of India.

8. Significant portion of its revenues is dependent upon sale of Solar Inverters. The loss of the company product or a decrease in the supply or volume of such product, will materially and adversely affect its revenues and profitability.

9. The company does not own the premises in which its registered office is located and the same is on lease arrangement. Any termination of such lease/license and/or non-renewal thereof and attachment by Property Owner could adversely affect its operations.

10. The company has experienced negative cash flows in the past. Any such negative cash flows in the future could adversely affect its business, results of operations and prospects.

Why should you invest in

-

Financials

Particulars For the financial year ending (in ₹ million)
 
Total Assets
Total Liabilities
Total Expenses
Total Revenue 
Profit After Tax
EBITDA
Adjusted EBITDA

GP Eco Solutions India Ltd IPO Listing Details

Listing Date BSE Script Code NSE Symbol ISIN Final Issue Price
2024-06-24 92921 GPECO
INE0S7E01015
₹94 per share

Listing Day Trading Information

Price Details BSE NSE
Final Issue Price ₹94 ₹94
Open ₹0 ₹375
Low ₹0 ₹375
High ₹0 ₹393.75
Low ₹0 ₹375

Frequently Asked Questions

What is GP Eco Solutions India Ltd IPO?

Answer Field

GP Eco Solutions India Ltd IPO is a SME IPO of 32,76,000 equity shares of a face value of ₹10 aggregating up to ₹30.79 Crores. The issue is priced at ₹94 to ₹94 per share. The minimum order quantity is 1200 Shares. The IPO opens on June 14, 2024, and closes on June 19, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE-SME.

When GP Eco Solutions India Ltd IPO will open?

Answer Field

The GP Eco Solutions India Ltd IPO opens on June 14, 2024 and closes on June 19, 2024.

What is the lot size of GP Eco Solutions India Ltd?

Answer Field

GP Eco Solutions India Ltd lot size is 1200 shares, and the minimum amount required is ₹1,12,800.

How to apply for GP Eco Solutions India Ltd IPO?

Answer Field

You can apply in GP Eco Solutions India Ltd IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. To apply for an IPO:

• Login to Bajaj Broking account App/Website & click on IPO

• Enter the number of lots and price at which you wish to apply.

• Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.

• You will receive a mandate notification to block funds in your UPI app.

• Approve the mandate request on your UPI and funds will be blocked.

When is GP Eco Solutions India Ltd IPO allotment?

Answer Field

The finalization of Basis of Allotment for GP Eco Solutions India Ltd IPO will be done on June 20, 2024, and the allotted shares will be credited to your demat account by June 21, 2024.

When is GP Eco Solutions India Ltd IPO listing date?

Answer Field

The GP Eco Solutions India Ltd listing date is June 24, 2024.

Who is the registrar of GP Eco Solutions India Ltd IPO?

Answer Field

The registrar of GP Eco Solutions India Ltd IPO is Bigshare Services Pvt Ltd

Which company is the book-running lead manager of the IPO?

Answer Field

Corporate Capitalventures Pvt Ltd will be the book-running lead manager of this IPO.

What is the fresh issue of GP Eco Solutions India Ltd IPO?

Answer Field

The fresh issue size is ₹30.79 Crores equity shares.

What minimum lot size can retail subscribers subscribe to GP Eco Solutions India Ltd?

Answer Field

Retail investors can subscribe to a minimum of one lot, 1200 shares and ₹1,12,800 amount.

How can I approve the UPI mandate request for GP Eco Solutions India Ltd IPO?

Answer Field

To apply for GP Eco Solutions India Ltd IPO, you need to log in to your demat account to complete the bidding process. Then, approve the payment mandate on your UPI app.

What is the price range of GP Eco Solutions India Ltd?

Answer Field

The price of each GP Eco Solutions India Ltd share will be ranging in between ₹94 to ₹94 per share.

What is the cut-off time for the UPI mandate for GP Eco Solutions India Ltd IPO?

Answer Field

The cut-off time for the UPI mandate confirmation is 5:00 PM, June 19, 2024.

No results found

Browse IPOs

upcoming-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
current-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
  • TUNWAL EMOTORS LIMITEDSME IPO

  • Bidding Dates

    15th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹59 - 59

  • IPO Size

    ₹1,15,64,00,000

  • Apply Now
  • KATARIA INDUSTRIES LIMITEDSME IPO

  • Bidding Dates

    16th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹91 - 96

  • IPO Size

    ₹54,58,00,000

  • Apply Now
  • MACOBS TECHNOLOGIES LIMITEDSME IPO

  • Bidding Dates

    16th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹71 - 75

  • IPO Size

    ₹19,46,00,000

  • Apply Now
  • SANSTAR LIMITEDMainboard IPO Early Access

  • Bidding Dates

    19th Jul 2024 - 7th Jul 2024

  • Price Range

    ₹90 - 95

  • IPO Size

    ₹5,10,15,00,000

  • Apply Now
closed-radio
  • IPO Name
  • Bidding Dates
  • Price range
  • IPO Size
  • Lorem Ipsum
performance-radio
  • IPO Name
  • ISSUE PRICE
  • LISTING DAY CLOSE
  • LISTING DAY(GAIN/LOSS)
  • Lorem Ipsum
  • EFFWA INFRA AND RESEARCH LIMITEDSME IPO

  • Issue Price

    82.00

  • Listing Day Close

    163.55

  • Listing Day (Gain/Loss)

    100.00

  • GANESH GREEN BHARAT LIMITEDSME IPO

  • Issue Price

    190.00

  • Listing Day Close

    379.05

  • Listing Day (Gain/Loss)

    99.47

  • AMBEY LABORATORIES LIMITEDSME IPO

  • Issue Price

    68.00

  • Listing Day Close

    89.25

  • Listing Day (Gain/Loss)

    30.88

  • BANSAL WIRE INDUSTRIES LIMITEDMainboard IPO

  • Issue Price

    256.00

  • Listing Day Close

    350.30

  • Listing Day (Gain/Loss)

    36.72

  • EMCURE PHARMACEUTICALS LIMITEDMainboard IPO

  • Issue Price

    1008.00

  • Listing Day Close

    1358.85

  • Listing Day (Gain/Loss)

    34.82

  • NEPHRO CARE INDIA LIMITEDSME IPO

  • Issue Price

    90.00

  • Listing Day Close

    179.55

  • Listing Day (Gain/Loss)

    100.00

  • DIENSTEN TECH LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    152.00

  • VRAJ IRON AND STEEL LIMITEDMainboard IPO

  • Issue Price

    207.00

  • Listing Day Close

    251.95

  • Listing Day (Gain/Loss)

    21.74

  • AKIKO GLOBAL SERVICES LIMITEDSME IPO

  • Issue Price

    77.00

  • Listing Day Close

    93.35

  • Listing Day (Gain/Loss)

    20.78

  • PETRO CARBON AND CHEMICALS LIMITEDSME IPO

  • Issue Price

    171.00

  • Listing Day Close

    315.00

  • Listing Day (Gain/Loss)

    84.21

  • DIVINE POWER ENERGY LIMITEDSME IPO

  • Issue Price

    40.00

  • Listing Day Close

    152.30

  • Listing Day (Gain/Loss)

    280.00

  • VISAMAN GLOBAL SALES LIMITEDSME IPO

  • Issue Price

    43.00

  • Listing Day Close

    47.35

  • Listing Day (Gain/Loss)

    9.30

  • SHIVALIC POWER CONTROL LIMITEDSME IPO

  • Issue Price

    100.00

  • Listing Day Close

    326.55

  • Listing Day (Gain/Loss)

    227.00

  • MASON INFRATECH LIMITEDSME IPO

  • Issue Price

    64.00

  • Listing Day Close

    92.40

  • Listing Day (Gain/Loss)

    43.75

  • SYLVAN PLYBOARD INDIA LIMITEDSME IPO

  • Issue Price

    55.00

  • Listing Day Close

    69.30

  • Listing Day (Gain/Loss)

    25.45

  • MEDICAMEN ORGANICS LIMITEDSME IPO

  • Issue Price

    34.00

  • Listing Day Close

    144.70

  • Listing Day (Gain/Loss)

    326.47

  • STANLEY LIFESTYLES LIMITEDMainboard IPO

  • Issue Price

    369.00

  • Listing Day Close

    474.00

  • Listing Day (Gain/Loss)

    28.46

  • WINNY IMMIGRATION AND EDUCATION SERVICES LIMITEDSME IPO

  • Issue Price

    140.00

  • Listing Day Close

    252.00

  • Listing Day (Gain/Loss)

    80.00

  • AKME FINTRADE INDIA LIMITEDMainboard IPO

  • Issue Price

    120.00

  • Listing Day Close

    131.95

  • Listing Day (Gain/Loss)

    10.00

  • GEM ENVIRO MANAGEMENT LIMITEDSME IPO

  • Issue Price

    75.00

  • Listing Day Close

    149.62

  • Listing Day (Gain/Loss)

    100.00

We have something for everyone

Explore more Investment options

Stocks

Secure and enhance your financial future today

investment-card-icon

IPOs

Your gateway to future financial opportunities

investment-card-icon

MTF

Explore Buy Now Pay Later and boost your capital by up to 5x  

investment-card-icon

US Stocks

Discover opportunities to invest in elite FAANG stocks

investment-card-icon

Related Articles

Our Secure Trading Platforms

Level up your stock market experience: Download the Bajaj Broking App for effortless investing and trading

Bajaj Broking App Download

7.5 Lacs+ Users

icon-with-text

4.3+ App Rating

icon-with-text

4 Languages

icon-with-text

₹4300 Cr MTF Book

icon-with-text