GP Eco Solutions IPO

GP Eco Solutions India Ltd

₹1,08,000 /1200 sharesMinimum Investment

GP Eco Solutions IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹94.00₹375.00₹281.00 (298.94%)

GP Eco Solutions IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
14 Jun ‘24 - 19 Jun ‘24₹1,08,0001,200₹90 - ₹94
Issue SizeIPO Doc
30.79Cr
RHP PDF

About the company

GPES Solar is a distributor of solar products and services in India. The company is the authorised distributor for Sungrow India Private Limited for its solar inverters in north India, and Saatvik Green Energy Private Limited, and LONGi Solar Technology Company Limited for solar panels in north India. GPES Solar also offers engineering, procurement, and construction (EPC) services for solar energy solutions to both commercial and residential clients, with a primary focus on consulting, installation, and operation and maintenance. The company owns the brand Invergy. Under this brand, it sells hybrid solar inverters and lithium ferro phosphate (LFP) batteries and also engages in OEM manufacturing for these products.;
Founded in
2010
Managing director
Mr. Deepak Pandey
Parent organisation
GP Eco Solutions India Ltd

Strength and risks

Strengths
Risks
For financial years ending March 31, 2021, 2022, and 2023, the company’s total revenues have risen consistently from Rs 46.47 crore to Rs. 83.45 crore and Rs 101.21 crore, while the profit after tax (PAT) moved up from Rs 0.97 crore to Rs 2.77 crore to Rs 3.70 crore, respectively.
The company has been in existence since 2010. This makes it possible for investors to study the past performance of the company and make estimations for its future.
The company holds ISO 9001:2015 certification in Quality Management Systems.
GPES Solar has implemented a dual-source energy system at its facility, combining solar energy with its traditional grid connection. This has reduced its reliance on traditional electricity.
The company has working agreements with Safexpress, Blue Dart, and DTDC for logistics services to transport the solar products.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular90 - 94₹2 Lakh
High Networth Individual90 - 94₹2 - 5 Lakh
For GP Eco Solutions IPO, eligible investors can apply as Regular.
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.0.7
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ

ABOUT GROWW