GP Eco Solutions share price makes a bumper debut; stock lists with 299% premium at ₹375 on NSE SME
₹375 apiece on NSE SME, a premium of ₹281, or 299% to the issue price of ₹94 per share.GP Eco Solutions IPO listing was better than market expectations. GP Eco Solutions IPO GMP today, or grey market premium today, ahead of the listing was ₹181 per share, indicating a listing premium of 193%.GP Eco Solutions shares grew IPO investors’ money by more than four times upon listing.Also Read: United Cotfab share price makes a lukewarm debut, stock opens with a mere 7% premium at ₹75 apiece on BSE SMEGP Eco Solutions IPO opened for subscription on June 14 and closed on June 19.
The issue received strong response from investors across the board.GP Eco Solutions IPO was subscribed by a total of 856.21 times. The public issue received 793.20 times subscription in the retail category, 236.64 times in the Qualified Institutional Buyers (QIB) category, and 1,824.87 times in the Non-Institutional Investors (NII) category.Also Read: Dee Development Engineers IPO allotment date likely today. GMP, how to check allotment status onlineThe ₹30.79 crore worth GP Eco Solutions IPO price band was set at ₹90 to ₹94 per share, and the issue was entirely a fresh issue of 32.76 lakh equity shares.GP Eco Solutions IPO allotment was finalized on June 20, and the GP Eco Solutions IPO listing date was today, June 24.Corporate Capitalventures Pvt Ltd is the book running lead manager of the GP Eco Solutions IPO, while Bigshare Services Pvt Ltd is the IPO registrar.
Also Read: Allied Blenders and Distillers IPO: From price band to GMP - here are 10 things to know before subscribing to the issueGP Eco Solutions India offers solar energy solutions and deals in solar inverters and solar panels. Deepak Pandey, Anju Pandey, and Astik Mani Tripathi are the
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