GP Eco Solutions India Limited is concerned within the distribution of a variety of sun inverters and sun panels. Their corporate is a certified distributor of Sungrow India Pvt Ltd or “Sungrow” for Solar Inverters in North India, and they’re additionally licensed vendors for Saatvik Green Energy Private Limited or “Saatvik” and LONGi Solar Technology Co. Ltd or “LONGi” for sun panels in North India. Additionally, they function an built-in solar power answers supplier, turning in complete engineering, procurement, and building (“EPC”) products and services to their business and home shoppers, alternatively, the contribution of this section is relatively much less as in comparison to the trade of distribution of sun inverters and sun panels.
Their corporate additionally has its logo referred to as “Invergy”. Under the Invergy logo, they promote hybrid sun inverters and lithium ferro phosphate (LFP) batteries. Invergy offers in OEM production for hybrid and LFP merchandise. Energy has its personal high quality and dependable protocol for contract production of those merchandise. Invergy manages its provide chain flow to supply simple and at ease transitions.
Contract Manufacturing refers to a trade association the place one corporate (Invergy) outsources the producing of its merchandise to some other corporate. In this context, Invergy has evolved its personal set of pointers and procedures, incessantly known as a protocol, to make sure that the goods manufactured by way of the reduced in size companions meet explicit high quality and reliability requirements.
Objects of the Issue:
- To Meet Working Capital necessities of the Company
- Investment within the subsidiary, Invergy India Private Limited (“IIPL”) when it comes to Purchase of Plant & Machineries and different Miscellaneous Assets and in addition in opposition to Construction / Civil Works for its facility
- General Corporate Expenses
GPES Solar IPO Review
GPES Solar IPO Date & Price Band Details
IPO Open: | June 14, 2024 |
IPO Close: | June 19, 2024 |
IPO Size: | Approx ₹30.79 Crores, 3,276,000 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹90 to ₹94 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the online be offering |
QIB Quota: | 50% of the online be offering |
NII Quota: | 15% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
GPES Solar IPO Market Lot
The GPES Solar IPO minimal marketplace lot is 1200 stocks with a ₹112,800 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹112,800 |
Retail Maximum | 1 | 1200 | ₹112,800 |
S-HNI Minimum | 2 | 2400 | ₹225,600 |
GPES Solar IPO Dates
The GPES Solar IPO date is June 14 and the IPO shut date is June 19. The IPO allotment date is June 20 and the IPO may listing on June 24.
IPO Open Date: | June 14, 2024 |
IPO Close Date: | June 19, 2024 |
Basis of Allotment: | June 20, 2024 |
Refunds: | June 21, 2024 |
Credit to Demat Account: | June 21, 2024 |
IPO Listing Date: | June 24, 2024 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
GPES Solar IPO Form
How to use GPES Solar IPO? You can practice GPES Solar IPO by the use of ASBA to be had for your checking account. Just cross to the web financial institution login and practice by the use of your checking account by way of settling on the GPES Solar IPO within the Invest phase. The different possibility you’ll practice GPES Solar IPO by the use of IPO paperwork obtain by the use of the NSE web page. Check out the GPES Solar paperwork – click on NSE IPO Forms obtain, fill and publish for your financial institution or together with your dealer.
GPES Solar Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹46.53 | ₹45.18 | ₹0.97 |
2022 | ₹83.53 | ₹79.78 | ₹2.77 |
2023 | ₹104.48 | ₹99.42 | ₹3.70 |
December 2023 | ₹78.59 | ₹72.20 | ₹4.73 |
GPES Solar IPO Valuation – FY2023
Check GPES Solar IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹5.14 according to Equity Share |
Price/Earning P/E Ratio: | 17.51 |
Return on Net Worth (RoNW): | 57.79% |
Net Asset Value (NAV): | ₹11.46 according to Equity Share |
Peer Group
- Sungarner Energies Limited
- Mr. Deepak Pandey
- Mrs. Anju Pandey
- Mr. Astik Mani Tripathi
GPES Solar IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
GPES Solar IPO Allotment Status
Check GPES Solar IPO allotment standing on Bigshare web page URL. Click Here
GPES Solar IPO Lead Managers aka Merchant Bankers
- Corporate Capitalventures Pvt Ltd
Company Address
GP Eco Solutions India Limited
B-39, Sector-59,
Gautam Buddha Nagar,
Noida – 201301
Phone: +91 – 8960095217
Email: [email protected]
Website: https://www.gpecosolutions.com/
GPES Solar IPO FAQs
What is GPES Solar IPO?
GPES Solar IPO is an NSE SME IPO. They are going to lift ₹30.79 Crores by the use of IPO. The factor is priced at ₹90 to ₹94 according to fairness percentage. The IPO is to be indexed on NSE.
When GPES Solar IPO will open?
What is GPES Solar IPO Investors Portion?
How to Apply the GPES Solar IPO?
How to Apply the GPES Solar IPO via Zerodha?
How to Apply the GPES Solar IPO via Upstox?
How to Apply the GPES Solar IPO via Paytm Money?
What is GPES Solar IPO Size?
What is GPES Solar IPO Price Band?
GPES Solar IPO Price Band is ₹90 to ₹94 according to fairness percentage.
What is GPES Solar IPO Minimum and Maximum Lot Size?
What is GPES Solar IPO Allotment Date?
What is GPES Solar IPO Listing Date?
Note: The GPES Solar IPO main points are introduced formally. The IPO gray marketplace top class (GPES Solar IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day by day updates.
– Source : IPOWATCH