Recently Viewed
Clear AllBidding Date
14-Jun-2024 to
19-Jun-2024
Issue Size
₹30.79 Cr
Price Band
₹90 to ₹94
Allotment date
20-Jun-2024
Listing date
24-Jun-2024
Lot size
1200
No. of shares
32,76,000
Fresh issue/OFS
₹30.79 Cr /--
GP Eco Solutions India Limited, incorporated in 2010, is engaged in the distribution of a diverse range of solar inverters and solar panels. The company is an authorized distributor for Sungrow India Pvt Ltd ("Sungrow") for Solar Inverters in North India, and it also distributes solar panels for Saatvik Green Energy Private Limited ("Saatvik") and LONGi Solar Technology Co. Ltd ("LONGi") in North India. Besides distribution, the company provides integrated solar energy solutions, including comprehensive engineering, procurement, and construction (EPC) services to commercial and residential customers. However, the EPC services segment contributes less compared to the distribution business.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
539.9x
The issue size of GP Eco Solutions India is ₹30.79 Cr.
GP Eco Solutions India falls into Utilities industry.
The GP Eco Solutions India IPO will be listed on BSE.
The open and close dates for the GP Eco Solutions India are 14-Jun-2024 & 19-Jun-2024.
The price band for the GP Eco Solutions India ipo is ₹90 to ₹94
The listing date of GP Eco Solutions India IPO is 24-Jun-2024.
The purpose of this IPO is to raise fresh capital.
GP Eco Solutions India total subscription ratio is 539.9X.
Key financial of the GP Eco Solutions India are:
| GP Eco Solutions India | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 138.44 | 102.6 | 83.45 | 46.47 |
| EBIT (₹ Cr) | 11.65 | 2.16 | 4.3 | 1.6 |
| Proft after Tax (₹ Cr) | 7.33 | 2.88 | 2.77 | 0.97 |
| Debt (₹ Cr) | 14.32 | 13.19 | 5.17 | 3.51 |
| Net Worth (₹ Cr) | 22.88 | 7.31 | 4.55 | 1.78 |
| RoE (%) | 32.02 | 39.48 | 60.88 | 54.49 |