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GP Eco Solutions India Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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GP Eco Solutions India Ltd IPO

Registered Office: B-39 Sector-59,Gautam Buddha Nagar , Noida - 201301 , Uttar Pradesh , India.
Phone : +91 89600 95217   Fax:
Email :  cs@gpecosolutions.com  
Website :  www.gpecosolutions.com
Public issue of 32,76,000 equity shares of face value of (Rs)10 each ("Equity Shares") of GP Eco Solutions India Limited (the "Company" or the "Issuer") for cash at a price of (Rs)94 per equity (the "Issue Price") aggregating to (Rs)30.79 crores ("The Issue") comprising of a fresh issue of 32,76,000 equity shares aggregating to (Rs)30.79 crores (the "Fresh Issue") of which 3,27,600 equity shares aggregating to (Rs)3.08 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. net issue of 29,48,400 equity shares aggregating to (Rs)27.71 crores (the "Net Issue"). The issue and the net issue will constitute 27.97% and 25.18% respectively of the post issue paid up equity share capital of the company.

Issue Money Payable On
Opens On Closes On Application Allotment
14-Jun-24 19-Jun-24 (Rs)94.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :1200  Further Multiples of :1200

  (Rs Cr) Lead Managers to the Issue
Project Cost 27.11
Corporate Capitalventures Pvt Ltd
Project Financed through Current Offer 30.79  
Post Issue Equity Share Capital 11.71  
Issue Price (Rs)94.00  
 
Projects
To meet working capital requirements of the company GP Eco SolutionsGeneral corporate expenses
Investment in its subsidiary invergy india pvt ltd (IIPL) in relation to purchase of plant and machinery and other misc asset and also towards construction civil works for its facility
Promoted By
Deepak Pandey  
Anuj Panday  
Astik Mani Tripathi  
Listing At
NSE - SME 
Registrar to the Issue
Bigshare Services Pvt Ltd