IPO Trending
GPECOSME / NSEListed
GP Eco Solutions India

GP Eco Solutions India Limited, established in 2010, provides solar energy solutions for homes and businesses. The company offers end-to-end solar services, including design, supply, and installation. Under its own "Invergy" brand, it sells hybrid solar inverters and lithium ferro-phosphate (LFP) batteries, along with OEM manufacturing of these products. As an authorized dealer for Sungrow India (solar inverters), Saatvik Green Energy, and LONGi Solar (solar panels), the company brings high-quality solar technology to customers across North India. GP Eco Solutions is dedicated to promoting clean energy with innovative and reliable solar solutions.

DRHPANCHOR
₹90 - ₹94856.37x sub
Listed Price₹375.00
Listing Gain+298.94%

IPO Schedule & Timeline

Book Built Issue IPO
Open14 Jun 2024
Close19 Jun 2024
Allotment20 Jun 2024
Listing24 Jun 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail10,32,000 shares
31.5%
Nii (hni)4,44,000 shares
13.55%
QIB5,89,200 shares
17.99%
Anchor8,83,200 shares
26.96%
Market Maker3,27,600 shares
10%

Minimum Application Lots

Retail1 Lot (1,200 shares)
₹1,12,800
HNI2 Lots (2,400 shares)
₹2,25,600

Company Promoters

Mr. Deepak PandeyMrs. Anju PandeyMr. Astik Mani Tripathi

Company Background

GP Eco Solutions India Limited, established in 2010, provides solar energy solutions for homes and businesses. The company offers end-to-end solar services, including design, supply, and installation. Under its own "Invergy" brand, it sells hybrid solar inverters and lithium ferro-phosphate (LFP) batteries, along with OEM manufacturing of these products. As ...

Lead Managers & Bankers

Corporate Capitalventures Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-23)₹7858.88 Cr
Growth+68.9%
Revenue Trend (₹ in Crores)
0.04.0k8.0k12.0kMar-21Mar-22Mar-23Dec-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-237,858.88473.274,728.751,544.79
Mar-2310,447.63369.824,715.191,316.52
Mar-228,352.99277.171,904.89517.55
Mar-214,652.9196.941,429.81351.37

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Dec-236.5744.59%26.51%21.4417.44
Mar-235.1457.79%14.24%00
Mar-223.8587.60%44.15%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
20 Jun 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
24 Jun 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for GP Eco Solutions India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization20 Jun 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date24 Jun 2024Trading commences on exchange

How to Check GP Eco Solutions India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select GP Eco Solutions India from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About GP Eco Solutions India IPO

Complete issue overview for GP Eco Solutions India (GPECO) IPO. The issue features an equity share price band of ₹90 – ₹94 per share with a minimum retail lot size of 1200 Shares (minimum application amount of ₹1,12,800). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions