GP Eco Solutions India IPO subscribed 30 times so far on Day 1; Check GMP, price band, other key details of SME IPO

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Also Read: ixigo IPO allotment status out. Latest GMP, how to check application status for Le Travenues Technology sharesLet us check GP Eco Solutions IPO GMP, subscription status and other key details of the SME IPO.GP Eco Solutions IPO has been subscribed 30.44 times in total so far on June 14, the first day of the bidding process.

The public issue received bids for 6.28 crore equity shares as compared to 20.65 lakh shares on the offer, as per data available till 1:40 pm.The IPO has been subscribed 47.20 times in the retail category, 0.02 times in the Qualified Institutional Bidders (QIB) category and 31.82 times in the Non-Institutional Investors (NII) category so far.Also Read: Stanley Lifestyles IPO sets price band at ₹351-369 apiece; check issue, key dates, moreGP Eco Solutions IPO GMP today, or grey market premium today, is ₹145 per share, according to stock market observers. This indicates that the equity shares of GP Eco Solutions India are trading higher by ₹145 than their issue price, in the grey market.

The latest GMP trend shows the GP Eco Solutions shares are trading at ₹239 apiece in the grey market, a hefty premium of 154.26% to the issue price of ₹94 per share.GP Eco Solutions IPO opened for subscription on Friday, June 14 and will close on Wednesday, June 19. The IPO allotment is expected to be finalized on June 20 and the IPO listing date is June 24.GP Eco Solutions IPO is an SME IPO and the equity shares of the company will be listed on NSE SME.Read here: GP Eco Solutions India IPO to open for subscription on June 14; price band set at ₹90-94 apieceGP Eco Solutions IPO price band is set at ₹90 to ₹94 per share.