The GP Eco Solutions IPO commenced on June 14, 2024, and concluded on June 19, 2024. The allotment of shares took place on June 20, 2024, and the initiation of refunds began on June 21, 2024. The shares were credited to the demat accounts of investors on June 21, 2024. Finally, the listing of GP Eco Solutions on the stock exchange occurred on June 24, 2024.
The GP Eco Solutions IPO was priced at ₹90 to ₹94 per share, with a lot size of 1200 shares. The total issue size was ₹30.79 crores, comprising a fresh issue of ₹30.79 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
GP Eco Solutions IPO Basic Details
| Company Name | GP Eco Solutions India Limited |
| Domain of Company | Solar Sector |
| GP Eco Solutions IPO GMP Today | ₹130 |
| GP Eco Solutions IPO Listing Gain | 138.57% |
| GP Eco Solutions IPO Open Date | June 14, 2024 |
| GP Eco Solutions IPO Close Date | June 19, 2024 |
| GP Eco Solutions IPO Allotment Date | June 20, 2024 |
| GP Eco Solutions IPO Listing Date | June 24, 2024 |
| Face Value | ₹10 per share |
| Price | ₹90 to ₹94 per share |
| Lot Size | 1200 Shares |
| Issue Size | 3,276,000 shares of ₹10 (aggregating up to ₹30.79 Cr) |
| Fresh Issue | 3,276,000 shares of ₹10 (aggregating up to ₹30.79 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Deepak Pandey, Mrs. Anju Pandey, and Mr. Astik Mani Tripathi |
GP Eco Solutions IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹130 | 138.57% | – | – |
| 13 June 2024 | ₹130 | 138.57% | – | – |
GP Eco Solutions IPO Details:
GP Eco Solutions India Limited, founded in 2010, specializes in solar inverters and solar panels.
The company provides complete solar energy solutions, including engineering, procurement, and construction (EPC) services for both commercial and residential customers. Through its “Invergy” brand, GP Eco Solutions also offers hybrid solar inverters and lithium ferro-phosphate (LFP) batteries, and engages in OEM manufacturing of these products.
GP Eco Solutions is an authorized dealer of Sungrow India Pvt Ltd (“Sungrow”) for solar inverters in North India. They also represent Saatvik Green Energy Private Limited (“Saatvik”) and LONGi Solar Technology Co Ltd (“LONGi”) for solar panels in the same region.
GP Eco Solutions IPO More Details Click Here
GP Eco Solutions IPO FAQs
When is GP Eco Solutions IPO open?
GP Eco Solutions IPO will open on 14 June 2024.
When is GP Eco Solutions IPO Close?
GP Eco Solutions IPO will be closed on 19 June 2024.
What is GP Eco Solutions IPO GMP Today?
The GP Eco Solutions IPO GMP aka Grey Market Premium is ₹130.
What is GP Eco Solutions IPO Kostak Rates Today?
The GP Eco Solutions IPO Kostak Rate is ₹000.
What is GP Eco Solutions IPO Subject to Sauda Price Today?
The GP Eco Solutions IPO subject to sauda rates is ₹000.
GP Eco Solutions IPO Expected Returns?
The GP Eco Solutions expected return is 138.57%.
How much will be the listing gain in GP Eco Solutions IPO?
GP Eco Solutions IPO will get listing gain of 138.57%. (Approx.)
