Ashok Rathi

GP Eco Solutions India Limited New IPO Date Detail 2024

GP Eco Solutions India was incorporated in 2010. GP Eco Solutions India IPO subscription opens from 14 June 2024 and issue closes on 19 June 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.90 to Rs.94 per share. The lot size is 1200 shares per lot. This is a Book Built Issue IPO.

  1. Company Share Holding, Pre Issue is 8,434,800 shares.
  2. Company Share Holding, Post Issue will be 11,710,800 shares.
  3. This IPO is Listing at NSE SME, on  24 June 2024.

Corporate Capitalventures Pvt Ltd serves as the book running lead manager for the GPES Solar IPO, with Bigshare Services Pvt Ltd acting as the registrar. Ss Corporate Securities is the market maker for the GPES Solar IPO.

GP Eco Solutions Limited IPO Timeline :

  1. GP Eco Solutions India IPO issue opens on 14 June and closes on 19 June 2024.
  2. Cut Off Time of UPI Payment is, 5pm on 21 June 2024.
  3. IPO Issue Basis of Allotment is, 20 June 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from 21 June 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by 21 June 2024.
  6. Finally IPO lists on 24 June 2024.

This is the IPO timeline of GP Eco Solutions IPO.

GP Eco Solutions Limited IPO Reservations for Investor Categories :

QIB Shares Offered Not more than 50% of the Net Issue.

Retail Shares Offered Not less than 35% of the Net Issue.

NII (HNI) Shares Offered Not less than 15% of the Net Issue.

GP Eco Solutions India Limited New IPO Date Detail 2024
GP Eco Solutions India Limited New IPO Date Detail 2024

GP Eco Solutions Limited IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 1200 shares and investing amount ₹ 112,800.
  2. Retail Investor Maximum apply for 1 lot, 1200 shares, amount ₹ 112,800.
  3. HNI Investor Minimum 2 lot, 2400 shares, amount ₹ 225,600.

An Intro About GP Eco Solutions:

GP Eco Solutions India Limited, established in 2010, specializes in solar inverters and solar panels. The company provides comprehensive solar energy solutions, including engineering, procurement, and construction (EPC) services for both commercial and residential clients. Additionally, GP Eco Solutions distributes hybrid solar inverters and lithium ferro-phosphate (LFP) batteries under its own “Invergy” brand, which is also involved in the OEM manufacturing of hybrid and LFP products.

The company is an authorized dealer for Sungrow India Pvt Ltd (Sungrow) for solar inverters in North India and for Saatvik Green Energy Private Limited (Saatvik) and LONGi Solar Technology Co Ltd (LONGi) for solar panels in the same region.

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
Once you are satisfied with IPO subscription status and want to check the allotment status than click IPO Allotment Status
With the ongoing process of IPO market you can see the ups and downs of grey market premium here at IPO GMP Grey Market Premium
If you want to check out the listing day gain or loss of any IPO in 2024 or later years than click here IPO Performance Tracker
If you are interesting to know more about IPO than see Mainboard IPO List | SME IPO List | Upcoming IPO in 2024 | Rights Issue | NCD List

How to apply for GP Eco Solutions IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the GP Eco Solutions IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application.

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