GPES Solar IPO Subscription Status: GPES Solar 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).
- The Retail Quota is 35%
- QIB is 50%
- NII is 15%
GPES Solar IPO is an SME IPO and Listed on NSE SME. GPES Solar IPO Price Band is Fixed at ₹94 Equity Share. GPES Solar IPO Lot Size is 1200 Shares.
About GPES Solar IPO :
- GPES Solar 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.
GPES Solar IPO Subscription Status, Rate bid times
| Inv Category | Shares Reserved | No. of Shares bid for | No. of Times (Subscription) |
|---|---|---|---|
| Qualified Buyers (QIBs) | 5,89,200 | 13,94,25,600 | 236.64 |
| Non Institutional Buyers (NIIs) | 4,44,000 | 81,02,41,200 | 1,825.58 |
| Retail Individual Buyers (RIIs) | 10,32,000 | 81,85,81,200 | 792.88 |
| Anchor Investor | 8,83,200 | 8,83,200 | 1 |
| Market Maker | 3,27,600 | 3,27,600 | 1 |
| Total | 20,65,200 | 1,76,82,48,000 | 856.21 |
GPES Solar Subscription Status day-by-day-
| Categories | 14 June | 18 June | 19 June |
|---|---|---|---|
| QIB | 2.95 | 9.34 | 236.64 |
| NII | 75.00 | 390.26 | 1,824.87 |
| RII | 85.33 | 356.07 | 793.20 |
| Total | 60.03 | 264.50 | 856.21 |
GPES Solar Investor Categories
- Qualified Institutional Buyers (QIB).
- Non- Institutional Investors (NII).
- Retail individual Investors (RII).
- Employee (EMP).
- Others (Eligible Shareholders).
Who Is QIB In IPO?
QIB Stands For “Qualified Institutional Buyer” In The Context Of An IPO (Initial Public Offering). QIBs Are A Category Of Institutional Investors Who Are Considered Financially Sophisticated And Meet Certain Regulatory Criteria For Participating In Capital Markets. In The Context Of An IPO, QIBs Play A Significant Role As They Contribute To The Overall Demand For Shares And Help Determine The Success Of The Offering.
Who Is NII In IPO?
NII Stands For “Non-Institutional Investors” In The Context Of An IPO (Initial Public Offering). Non-Institutional Investors Are A Category Of Investors Who Participate In The IPO Alongside Institutional Investors And Retail Investors. NII Typically Includes High Net Worth Individuals (HNIs), Corporate Bodies, Trusts, And Other Entities That Are Not Classified As Institutional Investors But Have The Financial Capacity To Invest Significant Amounts In The IPO.
Who Is RII In IPO?
RII Stands For “Retail Individual Investor” In The Context Of An IPO (Initial Public Offering). Retail Individual Investors Are Individual Investors Who Participate In The IPO Alongside Institutional Investors And Non-Institutional Investors. RII Typically Includes Individual Investors Who Do Not Meet The Criteria To Be Classified As Institutional Investors Or Non-Institutional Investors.
Who Is EMP In IPO?
“EMP” In The Context Of An IPO (Initial Public Offering) Typically Stands For “Employee.” In Some IPOs, A Certain Portion Of The Shares May Be Reserved For Allocation To Employees Of The Company Going Public. These Employees Are Often Referred To As “Employee Shareholders” Or “Employee Participants” (EMP).
GPES Solar Review From MoneyMintIdea –
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