GPES Solar IPO GMP today: The markets have been rising ever since the new government has been sworn in despite the results day hiccup, and the same has also ensured that the initial public offers that are coming in for subscription are doing well. This is really a big positive sign for all those eyeing listing their companies in the stock markets going forward as well as for their investors. This kind of positive spirit has also rubbed off well on the GP Eco Solutions India IPO. It has skyrocketed on day 1. The same is seen in GPES Solar IPO GMP.
GPES Solar IPO GMP today
So where does the GPES Solar IPO GMP stand today? Notably, it has been taking big strides. GPES Solar IPO GMP today is being quoted by InvestorGain website at Rs 156 on June 16. The price band is between Rs 90 to Rs 94. Notably the expected gains are expected to be 165.96% as things stand now. However, it should be noted that in the market, things are prone to change rapidly.
GPES Solar IPO subscription status:
And where is the GPES Solar IPO subscription? On the day it was rolled out, which was Friday, June 14, the IPO was oversubscribed as much as 30.44 times.
Bids received were to the tune of 6.28 crore equity shares even as just 20.65 lakh shares were on the offer – it is a totally fresh issue. So, which segment of the investors was so hungry for these shares? GPES Solar IPO was subscribed 47.20 times by retail investors, 0.02 times in the Qualified Institutional Bidders and 31.82 times by the Non-Institutional Investors.
About GP Eco Solutions India
GP Eco Solutions India is into solar inverters and solar panels and offers solar energy solutions. The company promoters are Deepak Pandey, Anju Pandey, and Astik Mani Tripathi.
GPES Solar IPO: Important dates
GPES Solar IPO allotment is likely to be finalized on June 20.
GPES Solar IPO listing date is set for June 24.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
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