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GP Eco Solutions India Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the GP Eco Solutions India Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹94
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,12,800
Issue Size
₹30.79 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
IPO Timeline
Important dates for your applying strategy.
IPO Opens14 Jun
IPO Closes19 Jun
Basis of Allotment20 Jun
Refund Initiation20 Jun
Shares Credited21 Jun
GP Eco Solutions India Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
85.19%
Promoter Holding (Post-Issue)
61.36%
Issue Type
Book Building - SME
ISIN
INE0S7E01015
About the Company
GP Eco Solutions India Limited is involved in the distribution of a wide range of solar inverters and solar panels. The company is an authorized distributor of Sungrow India Pvt Ltd or "Sungrow" for Solar Inverters in North India, and it is also authorized distributors for Saatvik Green Energy Private Limited or "Saatvik" and LONGi Solar Technology Co. Ltd or "LONGi" for solar panels in North India. Additionally, it serves as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction ("EPC") services to its commercial and residential customers, however the contribution of this segment is comparatively very less as compared to business of distribution of solar inverters and solar panels. The company also has its own brand called "Invergy". Under the Invergy brand, we sell hybrid solar inverters and lithium ferro phosphate (LFP) batteries. Invergy deals in OEM manufacturing for hybrid and LFP products. Invergy has its own quality and reliable protocol for contract manufacturing of these products. Invergy manages its own supply chain stream to provide easy and comfortable transitions.
Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Consolidated figures
Revenue
Amount in ₹ crore
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Public issue of 32,76,000 equity shares of face value of Rs. 10 each ("Equity Shares") of GP Eco Solutions India Limited (the "Company" or the "Issuer") for cash at a price of Rs. 94 per equity (the "Issue Price") aggregating to Rs. 30.79 crores ("The Issue") comprising of a fresh issue of 32,76,000 equity shares aggregating to Rs. 30.79 crores (the "Fresh Issue") of which 3,27,600 equity shares aggregating to Rs. 3.08 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 29,48,400 equity shares aggregating to Rs. 27.71 crores (the "Net Issue"). The issue and the net issue will constitute 27.97% and 25.18% respectively of the post issue paid up equity share capital of the company.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Experienced Promoter and management team with strong industry expertise and successful track record.
- The Company has long term relationships with marquee brands supported by its committed strategy on engagement with customers.
Frequently Asked Questions
01What is the minimum investment required to apply for this IPO?
The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02How is IPO allotment decided?
IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.