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Open
14 Jun 2024
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Close
19 Jun 2024
3
Allotment
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Listing
Mon, Jun 24, 2024
Price Band
₹90 to ₹94
Issue Size
32,76,000 shares (agg. up to ₹31 Cr)
Lot Size
1,200 Shares
Listing Date
Mon, Jun 24, 2024
Latest GMP
₹181
Est. Gain
192.55%
✦ AI Insight
GMP Trend
24-06-2024₹181Est. ₹275+192.55%
23-06-2024₹181Est. ₹275+192.55%
22-06-2024₹180Est. ₹274+191.49%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 591.09x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 47.29 | 47.15 | 19.05 | 14.30 |
| Total Income | 78.59 | 104.48 | 83.53 | 46.53 |
| Profit After Tax | 4.73 | 3.70 | 2.77 | 0.97 |
| NET Worth | 12.98 | 8.25 | 4.55 | 1.78 |
| Reserves and Surplus | 5.78 | 8.05 | 4.35 | 1.58 |
| Total Borrowing | 15.45 | 13.17 | 5.18 | 3.51 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Alpex Solar Ltd. | SME | ₹74.52 Cr | ₹115 | 54.66 | ₹345.45 | +200.39% | ₹924.90 |
| Australian Premium Solar (India) Ltd. | SME | ₹28.08 Cr | ₹54 | 23.58 | ₹147.00 | +172.22% | ₹250.60 |
| Akanksha Power & Infrastructure Ltd. | SME | ₹27.49 Cr | ₹55 | 24.02 | ₹65.10 | +18.36% | ₹135.50 |
| Supreme Power Equipment Ltd. | SME | ₹46.67 Cr | ₹65 | 10.69 | ₹102.90 | +58.31% | ₹233.35 |
| Electro Force (India) Ltd. | SME | ₹80.68 Cr | ₹93 | 20.22 | ₹105.00 | +12.90% | ₹19.50 |
| Saakshi Medtech & Panels Ltd. | SME | ₹45.16 Cr | ₹97 | 10.18 | ₹153.30 | +58.04% | ₹333.80 |
| Sungarner Energies Ltd. | SME | ₹5.31 Cr | ₹83 | 13.07 | ₹262.35 | +216.08% | ₹325.65 |
| Oriana Power Ltd. | SME | ₹59.66 Cr | ₹118 | 20.7 | ₹317.10 | +168.73% | ₹1,217.65 |
| Rishabh Instruments Ltd. | Mainboard | ₹490.78 Cr | ₹441 | null | ₹443.15 | +0.49% | ₹808.30 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | To Meet Working Capital requirements of our Company “GP Eco Solutions” | 12.45 |
| 2 | Investment in our 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 | 7.60 |
| 3 | General Corporate Expenses | 7.06 |
About GP Eco Solutions IPO
Updated on Aug 5, 2026
Contact Details
GP Eco Solutions India Ltd. AddressB-39, Sector-59Gautam Buddha NagarNoida, Uttar Pradesh, 201301+91 - 8960095217cs@gpecosolutions.comVisit Website