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Subscription
Last updated on 19-Jun-2024 17:01:03
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 589200 | 139425600 | 236.64 |
| NIB | 444000 | 810568800 | 1825.61 |
| RETAIL | 1032000 | 818581200 | 793.2 |
| Total | 2065200 | 1768575600 | 856.37 |
| Retail Apps | 682151 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹230.38 | @8% ₹263.29 | @9% ₹296.2 | @10% ₹329.11 | @11% ₹362.02 | @12% ₹394.93 |
About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 112800 | 860 |
| HNI | 2 | 2400 | 225600 | 370 |
GPES Solar IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 31.50% | 1032000 |
| NII (HNI) | 13.55% | 444000 |
| QIB | 17.99% | 589200 |
| Anchor | 26.96% | 883200 |
| Market Maker | 10.00% | 327600 |
| Total | 100.00% | 3276000 |
GPES Solar IPO Details
| Issue Size | 3,276,000 shares (aggregating up to ₹30.79 Cr) |
| Fresh Issue | 3,276,000 shares (aggregating up to ₹30.79 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 8,434,800 |
| Share holding post issue | 11,710,800 |
| Market Maker portion | 327,600 shares Ss Corporate Securities |
Key Performance Indicator
| KPI | Dec-23 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 44.59% | 57.79% | 87.60% |
| ROCE | 26.51% | 14.24% | 44.15% |
| D/E | 1.11% | 1.60% | 1.14% |
| RONW | 42.70% | 57.79% | 87.60% |
| EPS (basic & diluted) | 6.57 | 5.14 | 3.85 |
| P/E (Pre IPO) | 21.44 | ||
| P/E (Post IPO) | 17.44 |
Company Financials
GP Eco Solutions India Limited Financial Information (Restated)
GP Eco Solutions India Limited's revenue increased by 25.08% and profit after tax (PAT) rose by 33.43% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period | Dec 2023 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|
| Assets | 4,728.75 | 4,715.19 | 1,904.89 | 1,429.81 |
| Revenue | 7,858.88 | 10,447.63 | 8,352.99 | 4,652.91 |
| Profit | 473.27 | 369.82 | 277.17 | 96.94 |
| Net Worth | 1,298.08 | 824.81 | 454.98 | 177.81 |
| Reserves | 578.08 | 804.81 | 434.98 | 157.81 |
| Borrowing | 1,544.79 | 1,316.52 | 517.55 | 351.37 |
| Amount in ₹ Lakhs | ||||
About Company
GP Eco Solutions India Limited, founded in 2010, specializes in providing solar energy solutions through comprehensive engineering, procurement, and construction (EPC) services for both commercial and residential customers. The company distributes hybrid solar inverters and lithium ferro-phosphate (LFP) batteries under its own "Invergy" brand, and is active in the OEM manufacturing of these products. As an authorized dealer of Sungrow India Pvt Ltd for solar inverters and of Saatvik Green Energy Private Limited and LONGi Solar Technology Co Ltd for solar panels, GP Eco Solutions ensures access to top-tier solar technology for customers in North India. The company is committed to advancing renewable energy adoption through its innovative and reliable solar energy solutions.
Strength Factors
Experienced Leadership: Promoter and management team with strong industry expertise and a successful track record.
Strong Partnerships: Long-term relationships with marquee brands supported by a committed customer engagement strategy.
Proven Reliability: Consistent good track record over the last three years.
Risk Factors
Secured Assets: Lenders have charges over the company's fixed assets and book debts, impacting its financial flexibility.
Supply Chain Dependence: The company's reliance on third-party suppliers could lead to operational disruptions if these suppliers fail to meet their obligations.
Geographical Concentration: Revenue is heavily concentrated in Rajasthan, Haryana, Uttar Pradesh, and Delhi, making the company susceptible to regional economic or regulatory changes.
Strength
Weakness
Lead Manager(s)
Address
GP Eco Solutions India Limited
B-39, Sector-59,
Gautam Buddha Nagar,
Noida - 201301
Phone: +91 - 8960095217
Email: cs@gpecosolutions.com
Website: https://www.gpecosolutions.com/