247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

GP Eco Solutions India Limited IPO (GP Eco Solutions India IPO) Details

GP Eco Solutions India Limited is an Solar based company, located in New Delhi, GP Eco Solutions India Limited IPO size was 30.79 Cr. and was issued at 94.00 per share. The share of GP Eco Solutions India Limited were listed at 393.75 per share and are currently trading at 254.90 per share.

Type :
Sub Sector : Solar Energy Solutions By Providing Comprehensive Engineering, Procurement, And Construction ("EPC") Services To Commercial And Residential Customers.
SME IPO
NSE EMERGE

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
104.77 Cr.

PAT :
6.31 Cr.

Pricing Report

Issue Price :
94.00

Listing Price :
393.75

Current Market Price :
254.90

Issue Price vs CMP :
160.9 (171.17%)

listing Price vs CMP :
138.85 (35.26%)

Performance Report (CAGR* wise)

CAGR : 461.63
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About GP Eco Solutions India

Company Information
GP Eco Solutions India Limited is involved in the distribution of a wide range of solar inverters and solar panels. It is an authorized distributor for Sungrow India Pvt Ltd, Saatvik Green Energy Private Limited, and LONGi Solar Technology Co. Ltd, for solar inverters and panels in North India. Additionally, the company provides integrated solar energy solutions, offering engineering, procurement, and construction (EPC) services to both commercial and residential customers, although this segment contributes less compared to the distribution business. The company also has its own brand, "Invergy," under which it sells hybrid solar inverters and lithium ferro phosphate (LFP) batteries. Invergy manages OEM manufacturing and maintains its own quality and reliable protocols for contract manufacturing, ensuring efficient and comfortable supply chain management.
Object of Issue
  • To Meet Working Capital requirements of the Company
  • 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
  • General Corporate Expenses

GP Eco Solutions India SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2024
IPO Size :
30.79 Cr.
Market Cap :
110.08 Cr.   
IPO Subscription :
856.21 X     
PE Multiple :
17.44
IPO Registrar:
Skyline Financial Services Private Limited

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FAQs

GP Eco Solutions India operates in Solar and Solar Energy Solutions By Providing Comprehensive Engineering, Procurement, And Construction ("EPC") Services To Commercial And Residential Customers.. The Issue is listed on NSE EMERGE in Jun, 2024. GP Eco Solutions India IPO size was 30.79 Cr. with Issue price of 94.00 .

GP Eco Solutions India IPO subscription was 856.21 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

GP Eco Solutions India IPO listed at a listing price of 393.75 against the offer price of 94.00.

The current market price of GP Eco Solutions India is 254.90.

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