GP Eco Solutions India IPO: If you are thinking of putting money into IPO then this may be useful news for you. Another company’s IPO may open for investment this week. The IPO is of solar company GP Eco Solutions India. Investors can invest money in this issue from June 14 to June 19. The issue will open to anchor investors on June 13. Its price band has been fixed at Rs 90 to Rs 94.
What are the details?
The Noida-based company raised Rs. 30.79 crore is targeted to be collected. Its lot size will be 1,200 equity shares. Corporate Capital Ventures is the book running lead manager, and Bigshare Services Private Limited is the registrar of the offer. Corporate Capital Ventures Pvt Ltd has completed a series of successful SME IPOs in recent months, including Creative Graphics, Trust Fintech, Alpex Solar, Asconet Technologies, Rockingdeals, Accent Microcell, Oriana Power, Dronacharya and Crayon Advertising. The Noida-based company’s IPO will involve a fresh issue of 32,76,000 equity shares. Its face value will be Rs 10 per share.
CBI clamps down on construction company, 4 employees arrested, investors sell shares
CBI clamps down on construction company, 4 employees arrested, investors sell shares
3.27 lakh equity shares are reserved for market makers. 8.83 lakh equity shares are reserved for anchor investors, 4.44 lakh equity shares are reserved for NII. At the same time, 5.89 lakh equity shares are reserved for QIB and 10.32 lakh equity shares are reserved for retail (RII) segment. Deepak Pandey serves as the promoter and managing director of the company. Deepak is also the founder of Inverji India Private Limited, a subsidiary of GP Eco, which is engaged in the distributor business of hybrid solar inverters.