ISSUE OPEN

GP Eco Solutions India Ltd.

Min Investment
₹112800
Subscribed Times
542x
Issues size
₹30 Crores
Price Range
₹90 - ₹94
Open on
14 Jun'24
Close on
19 Jun'24

Application Details

Lot Size
1200
Issue Size
₹30 Crores
Issue Type
Book Building

IPO Timeline

14
Jun'24
Issue Open
19
Jun'24
Issue Close
20
Jun'24
Finalization of Basis of Allotment
21
Jun'24
Initiation of refund
21
Jun'24
Transfer of shares to Demat Account
24
Jun'24
Listing Date

Shares Offered

Qualified Inst. Buyers
50.00
Non Inst. Buyers
15.00
Retails Ind. Buyers
35.00

Subscription Status 

(as of 19 Jun 2024)
Overall Status542.14x
Qualified Inst. Buyers
154.71x
Non Inst. Buyers
683.53x
Retails Ind. Buyers
657.61x

Objects of the offer

1. To Meet Working Capital requirements of the Company “GP Eco Solutions”
2. Investment in our subsidiary, Invergy India Private Limited (“IIPL”) in relation to Purchase of Plant & Machineries and other Miscellaneous Assets; and towards Construction / Civil Works
3. General Corporate Expenses

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Gensol Engineering Ltd.963.159.5515.8958.97
Sungarner Energies Ltd.10.190.833.57103.82
Indosolar Ltd.0-15.44-3.71-0.87

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Guide to IPO Investment

Company Contact Info

B-39, Sector-59, Gautam Buddha Nagar,
B-39, Sector-59, Gautam Buddha Nagar,Noida,Uttar Pradesh-201301
Phone : 8960095217

Book Running Managers

Corporate Capitalventures Pvt. Ltd.

Registrar & Transfer Agent

Bigshare Services Pvt. Ltd.
S6-2, 6th Floor, Pinnacle Business Park,Mahakali Caves Road, Next to Ahura Centre,Andheri East,Mumbai,Maharashtra-400093
Phone : 62638200
Fax :/

Offer Related Information

Initial public offering of up to 3276000 equity shares of face value of Rs.10.00 each (Equity Shares) of GP Eco Solutions India Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs.94.00 per equity share (including a premium of Rs.84.00 per equity share) ("Offer Price")
aggregating up to Rs.307944000 crores.
Offer Price: Rs.94.00 per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 1200 equity shares and in multiples of 1200 equity shares thereafter
Single-click UPI-based IPO application
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