GP Eco Solutions India Details Shareholding Structure After Preferential Issue
The Executive Board Committee of GP Eco Solutions India Limited has detailed the expected shareholding pattern of the company both before and after the proposed preferential issue, which involves capital raised through various allocations. The update provides granular detail on how the preferential allotment is anticipated to impact different investor categories and specific allottees.The company's shareholding structure details the composition of equity shares across promoters, public investors, and non-promoter non-public entities. The data provided shows the projected changes following the capital infusion, which includes allotments of equity shares, warrants, and Employee Stock Option Plans (ESOPs).
Key aspects of the post-preferential issue shareholding structure are presented below:
| Category | Pre Issue Shareholding Structure (1) | Equity Shares to be allotted | Post Equity Allotment * | Post Issue Shareholding Structure # |
|---|---|---|---|---|
| (A) Promoter Shareholding | 73,26,200 shares (61.92%) | 0 | 73,26,200 shares (59.24%) | 81,46,200 shares (52.80%) |
| (B) Public | 45,04,600 shares (38.08%) | 5,36,000 | 50,40,600 shares (40.76%) | 72,81,250 shares (47.20%) |
| (C) Non-Promoter - Non-Public | 0 shares (0.00%) | 0 | 0 shares (0.00%) | 0 shares (0.00%) |
The shareholding breakdown for the Promoter category shows Individuals and HUF holding the largest portion pre-issue (73,26,200 shares or 61.92%). Following the issue, this segment is projected to hold 81,46,200 shares, translating to 52.80% of the post-issue capital on a fully diluted basis.
The Public shareholding category sees Institutional Investors allotting 1,75,000 equity shares (from 41,800 pre-issue), projected to reach 2,16,800 shares (1.41% post-issue). Non-Institutional Individuals are expected to hold a total of 39,78,450 shares, representing 25.79% of the fully diluted share capital.
A detailed view of the allotment shows the involvement of various parties in the preferential issue:
| S. No. | Name of the Proposed Allottee | Pre-Shareholding Structure (Shares) | Equity Shares to be allotted | Post-Issue Shareholding Structure (Shares) | Post-Issue Shareholding Structure (%) |
|---|---|---|---|---|---|
| 1. | Anju Pandey | 36,00,000 (30.43%) | - | 36,00,000 | 29.11% |
| 2. | Deepak Pandey | 32,33,600 (27.33%) | - | 32,33,600 | 26.15% |
| 4. | Minerva Ventures Fund | - | - | - | 5.95% |
| 6. | Kolombus Financial Advisory Services LLP | - | 20,000 | 20,000 | 0.16% |
| 8. | Sandeep Singh | 2,200 (0.02%) | 1,00,000 | 1,02,200 | 0.83% |
| 13. | Mastermind JPIN SME Growth Fund | - | 50,000 | 50,000 | 0.32% |
| 24. | Rajan Goel | 1,800 (0.02%) | 5,000 | 6,800 | 0.04% |
The allottees include entities such as Minerva Ventures Fund and Al Maha Investment Fund PCC - ONYX Strategy, who are set to be allotted 9,18,500 warrants each. Other investors listed include Sandeep Singh and Rajan Goel, whose shares held prior to the issue and subsequent post-issue structure have been accounted for in the update.
The details concerning all other particulars in the Explanatory Statement and Corrigendum remain unchanged.
GPECO Stock Price Movement
GP Eco Solutions India Limited shares edged higher on Wednesday, settling at ₹435 after gaining 1.13% from the previous close. The stock saw brisk trading activity, with 13,000 shares recorded in the daily volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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