GP Eco Solutions India Ltd.

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

Application Details

Lot Size
Issue Size
₹30 Crores
Issue Type
Book Building

IPO Timeline

Issue Open
Issue Close
Finalization of Basis of Allotment
Initiation of refund
Transfer of shares to Demat Account
Listing Date

Shares Offered

Qualified Inst. Buyers
Non Inst. Buyers
Retails Ind. Buyers

Subscription Status 

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

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
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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