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GP Eco Solutions India Limited
Issue Size (Net)
up to Rs.30.79 Cr
Price Band
Rs.90 to Rs.94 per share
Issue Opens
June 14, 2024
Issue Closes
June 19, 2024

Company Highlights

1.Company Information


GP Eco Solutions India Limited was founded in 2010 and offers solar inverters and solar panels.
The company offers solar energy solutions by providing comprehensive engineering, procurement, and construction ("EPC") services to commercial and residential customers. The company also distributes hybrid solar inverters and lithium ferro-phosphate (LFP) batteries through its own "Invergy" brand. Invergy is active in the OEM manufacturing of hybrid and LFP products.
The company is an authorized dealer of Sungrow India Pvt Ltd or "Sungrow" for Solar Inverters in North India, as well as for Saatvik Green Energy Private Limited or "Saatvik" and LONGi Solar Technology Co Ltd or "LONGi" for solar panels in North India.

2. Objects of the Issue

1.To Meet Working Capital requirements of the Company;
2.Investment in the subsidiary, Invergy India Private Limited ("IIPL") in relation to Purchase of Plant & Machineries and other Miscellaneous Assets and also towards Construction / Civil Works for its facility; and
3.General Corporate Purpose

3.GPES Solar IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email:ipo@bigshareonline.com

Website:Website:  https://ipo.bigshareonline.com/ipo_status.html

GP Eco Solutions India Limited Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Dec-24
4728.75
7858.88
473.27
1298.08
578.08
1544.79
31-Mar-23
4715.19
10447.63
369.82
824.81
804.81
1316.52
31-Mar-22
1904.89
8352.99
277.17
454.98
434.98
517.55
Amount in Rs. Lakhs

GPES Solar IPO Details

Issue Opening Date
June 14, 2024
Issue Closing Date
June 19, 2024
Face Value
Rs.10 per share
Price
Rs.90 to Rs.94 per share
Lot Size
1200 Shares
Issue Size
3,276,000 shares(aggregating up to Rs.30.79 Cr)
Fresh Issue
3,276,000 shares(aggregating up to Rs.30.79 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

GPES Solar IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Friday, June 14, 2024
Closing Date
Wednesday, June 19, 2024
Basis of Allotment
Thursday, June 20, 2024
Initiation of Refunds
Friday, June 21, 2024
Credit of Shares to Demat
Friday, June 21, 2024
Listing Date
Monday, June 24, 2024
Cut-off time for UPI mandate confirmation
5 PM on June 19, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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