What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of GP Eco Solutions India Limited IPO?

GP Eco Solutions India Limited IPO has received a total subscription of 856.37 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

GP Eco Solutions India Limited

ListedSME

Renewable Energy / Electrical Equipment · NSE

GP Eco Solutions India Limited, established in 2010, provides solar energy solutions for homes and businesses. The company offers end-to-end solar services, including design, supply, and installation. Under its own "Invergy" brand, it sells hybrid solar inverters and lithium ferro-phosphate (LFP) batteries, along with OEM manufacturing of these products. As an authorized dealer for Sungrow India (solar inverters), Saatvik Green Energy, and LONGi Solar (solar panels), the company brings high-quality solar technology to customers across North India. GP Eco Solutions is dedicated to promoting clean energy with innovative and reliable solar solutions.

Price Band

₹90 – ₹94

Issue Size

₹30.79 Cr

Lot Size

1200 shares

GMP

₹181

+192.6%

Est. Listing

₹275

at current GMP

Subscribed

856.37x

overall

Open

14 Jun 2024

19 Jun 2024

Allotment

20 Jun 2024

Refund

21 Jun 2024

Demat Credit

22 Jun 2024

Listing

24 Jun 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

856.37x

Total Demand

QIB Multiplier

236.64x

Institutions & Funds

NII / HNI

1825.61x

High Net-Worth

Retail (RII)

793.20x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 856.37x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	589,200	139,425,600	236.64x
NIB	444,000	810,568,800	1825.61x
RETAIL	1,032,000	818,581,200	793.20x
Total	2,065,200	1,768,575,600	856.37x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 829.70x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	955	757,506	793.20x
HNIs (10L +)	6	10,954	1825.61x
HNIs (2-10L)	29	52,943	1825.61x
Total Applications	990	821,403	829.70x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About GP Eco Solutions India Limited Public Issue & Market Profile

GP Eco Solutions India Limited is bringing an initial public offering (IPO) in the Renewable Energy / Electrical Equipment sector with an aggregate issue size of ₹30.79 Crores. The shares are offered at a price band of ₹90 to ₹94 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-06-19, the basis of allotment is scheduled to be finalized on 2024-06-20. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is GP Eco Solutions India Limited IPO GMP today?

The latest Grey Market Premium (GMP) for GP Eco Solutions India Limited IPO is ₹181 per equity share. Based on the upper price band of ₹90 to ₹94 per equity share, the estimated listing price is ₹275 (+192.6% expected listing gain).

What is the expected profit per lot for GP Eco Solutions India Limited IPO?

With a lot size of 1200 shares and current GMP of ₹181, the expected profit per application lot is approx ₹2,17,200 (+192.6% gain). Minimum application cost is approx ₹1,12,800.

What is the issue size and price band for GP Eco Solutions India Limited IPO?

The GP Eco Solutions India Limited IPO aggregate issue size is ₹30.79 Crores with an equity price band set at ₹90 to ₹94 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,12,800.

How can I check GP Eco Solutions India Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 856.37x (Retail: 793.20x, QIB: 236.64x, NII: 1825.61x). You can track live multiples directly on our dedicated subscription page.

Where and when will GP Eco Solutions India Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-06-20. Investors can verify status using PAN card or application number.

When is the listing date for GP Eco Solutions India Limited IPO?

GP Eco Solutions India Limited shares are scheduled to list on NSE on 2024-06-24.