GPES Solar IPO GMP Price Today : GPES Solar IPO GMP Price (IPO) is Open on 14 June 2024 and Close on 19 June 2024. GPES Solar IPO to Raise 3,276,000 shares (Approx ₹30.79 Cr) via IPO. The Fresh issue of 3,276,000 shares (Approx ₹30.79 Cr).
Our Company was incorporated 10 July 2010 Our company is involved in the distribution of a wide range of solar inverters and solar panels. Our company is an authorized
distributor of Sungrow India Pvt Ltd or “Sungrow” for Solar Inverters in North India, and we are also authorized distributors for Saatvik Green Energy Private Limited or “Saatvik” and LONGi Solar Technology Co. Ltd or “LONGi” for solar panels in North India. Additionally, we serve as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction (“EPC”) services to our commercial and residential customers, however the contribution of this segment is comparatively less as compared to business of distribution of solar inverters and solar panels.
- Solar Panel Installation
- System Design and Engineering (PMC)
- Solar Energy Consultation
- Operations & Maintenance
Our company also has its own brand called “Invergy”. Under the Invergy brand, we sell hybrid solar inverters and lithium ferro phosphate (LFP) batteries. Invergy deals in OEM manufacturing for hybrid and LFP products. Invergy has its own quality and reliable protocol for contract manufacturing of these products. Invergy manages its own supply chain stream to provide easy and comfortable transitions. In other words.
Contract Manufacturing: This refers to a business arrangement where one company (Invergy) outsources the manufacturing of its products to another company. In this context, Invergy has developed its own set of guidelines and procedures, often referred to as a protocol, to ensure that the products manufactured by the contracted partners meet specific quality and reliability standards. Managing the Supply Chain: Invergy takes an active role in overseeing and controlling the various stages involved in the supply chain. The supply chain encompasses all the processes from the acquisition of raw materials to the delivery of the final products to customers.
Easy and Comfortable Transitions: By managing its own supply chain stream, Invergy aims to make the transitions between different stages of production and distribution as smooth as possible. This includes efficient handling of logistics, inventory management, and coordination between different elements of the supply chain. The goal is to create a seamless and
comfortable experience, ensuring that products move from manufacturing to the hands of customers without disruptions or delays.
GP Eco Solutions IPO Review
https://youtu.be/yE4E64djEPA
GPES Solar IPO Date & Price Band Details
| IPO Open Date | 14 June 2024 |
|---|---|
| IPO Close Date | 19 June 2024 |
| IPO Size | 3,276,000 shares (Approx ₹30.79 Cr) |
| Fresh Issue | 3,276,000 shares (Approx ₹30.79 Cr) |
| Lot Size | 1200 Shares |
| IPO Face Value | ₹10 Per Equity Share" |
| IPO Price Band | ₹90 to ₹94 Per Every Share |
| IPO Listing On | NSE SME |
| IPO Retail Quota | 35% |
| IPO QIB Quota | 50% |
| IPO NII Quota | 15% |
| DRHP Draft | Click Here |
| Anchor Investor | Click Here |
GPES Solar IPO Market Lot Details
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 1200 | ₹112,800 |
| Retail Maximum | 1 | 1200 | ₹112,800 |
| S-HNI Minimum | 2 | 2400 | ₹225,600 |
Object of the Issue
- To Meet Working Capital requirements of the Company “GP Eco Solutions.
- 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.
- General Corporate Expenses.
GPES Solar IPO Allotment & Listing Date (Details)
| IPO Open Date | 14 June 2024 |
|---|---|
| IPO Close Date | 19 June 2024 |
| Basis of Allotment | 20 June 2024 |
| Refunds | 21 June 2024 |
| Credit to Demat Account | 21 June 2024 |
| IPO Listing Date | 24 June 2024 |
GPES Solar Financial Reports
| ₹ in Crores | |||
|---|---|---|---|
| Year | Revenue | Expense | PAT |
| Dec 2023 | ₹78.59 | ₹72.20 | ₹4.73 |
| 2023 | ₹104.48 | ₹99.42 | ₹3.70 |
| 2022 | ₹83.53 | ₹79.78 | ₹2.77 |
| 2021 | ₹46.53 | ₹45.18 | ₹0.97 |
Our Company Promoter
- Mr. Deepak Pandey
- Mrs. Anju Pandey
- Mr. Astik Mani Tripathi
Qualitative Factors
- Experienced Promoter and management team with strong industry expertise and successful track record.
- We have long term relationships with marquee brands supported by our committed strategy on engagement with customers.
- Good track record for the last 3 years.
- Distributorship of Sungrow, Saatvik, Longi in Northern India .
GPES Comparison Listed Industry Peers Group
| Company Name | Face Value | EPS | P/E Ratio | Ro NW (%) | NAV Per | Revenue (₹ in Lakhs) |
|---|---|---|---|---|---|---|
| GP Eco Solutions India Limited. | 10.00 | 5.14 | [.] | 57.79% | 11.46 | 10,447.63 |
| Peer Group | ||||||
| Sungarner Energies Limited. | 10.00 | 4.43 | 59.14 | 31.17% | 19.10 | 1,765.33 |
Comparison of Accounting Ratios with Listed Peer Group Companies
- GP Eco Solutions India Limited.
- Sungarner Energies Limited.
GPES Solar Company Contact Details
B-39, Sector-59, Gautam Buddha Nagar,
Noida, Uttar Pradesh, India, 201301
Tel: +91 – 8960095217
E-mail: cs@gpecosolutions.com
Website: www.gpecosolutions.com
GPES Solar Lead Manger
CORPORATE CAPITALVENTURES PRIVATE LIMITED
B-1/E-13, Mohan Cooperative Industrial Estate, Mathura
Road, New Delhi 110044
Tel: +91 11-41824066;
Email: smeipo@ccvindia.com
Investor Grievances Email id- investor@ccvindia.com
Website: www.ccvindia.com
Validity: Permanent
Contact Person: Mrs. Harpreet Parashar
GPES Solar IPO Registrar
BIGSHARE SERVICES PRIVATE LIMITED
Office No. S6- 2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –
400093, India.
Tel No.: +91 – 22 – 6263 8200
E-mail: ipo@bigshareonline.com
Investor Grievances Email Id: investor@bigshareonline.com
Website: www.bigshareonline.com
Contact Person: Babu Rapheal C
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