GPES Solar IPO Listing: Solar manufacturing company GPES Solar IPO has got a great listing in the stock market. The company is listed on NSE SME at a premium of 298 percent at Rs. 375 is listed. Let us tell you that the company’s IPO price band is 90 to 94 rupees per share.
Govt company got crores of rupees work again, money doubled in 90 days
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After the great listing, the company’s shares had a circuit above 5 percent. After which the share price of the company reached the level of Rs 393.75 in NSE. That means the money of the investors has increased 4 times. Let us tell you that this IPO was open from June 14 to June 19, 2024.
The IPO was opened to anchor investors on June 13.
The company’s IPO lot size was 1200 shares. Due to which any investor has to bet at least 1,12,800 rupees. Let us tell you that the company had raised Rs 8.30 crore from anchor investors. The IPO was opened to anchor investors on June 13.
As the dividend rains this week, these companies will trade ex-dividend
More than 1100 subscriptions in 3 days
The IPO was subscribed 1187.72 times during the opening 3 days. The IPO was subscribed 856.21 times on the last day. The IPO was subscribed 793 times in the retail category on the last day. 61.92 times on the first day and 269.59 times on the second day. Let us tell you that before the IPO, the share of promoters in the company was 86.40 percent. The promoters of the company are Deepak Pandey, Anju Pandey and Astik Mani Tripathi.
The size of this IPO was Rs 30.79 crore. The company has issued 32.76 lakh new shares through IPO. Let us tell you that the company was formed in 2010. This company manufactures solar inverters and solar panels.