GP Eco Solutions India Ltd (GPECO) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

GP Eco Solutions India Limited was originally incorporated on July 30, 2010 as a Private Limited Company as ‘GP Eco Solutions India Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Kanpur. Subsequently, pursuant to a special resolution passed by the Shareholders at their Extra ordinary General Meeting held on October 25, 2023, the company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘GP Eco Solutions India Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on November 17, 2023 by the Registrar of Companies, Kanpur.

GP Eco Solutions India is involved in the distribution of a wide range of solar inverters and solar panels. The company is an authorized distributor of Sungrow India or ‘Sungrow’ for Solar Inverters in North India, and it is also authorized distributors for Saatvik Green Energy or ‘Saatvik’ and LONGi Solar Technology for solar panels in North India. Additionally, it serves as an integrated solar energy solutions provider, delivering comprehensive engineering, procurement, and construction (EPC) services to its commercial and residential customers, however the contribution of this segment is comparatively less as compared to business of distribution of solar inverters and solar panels. 

The company also has its own brand called ‘Invergy’. Under the Invergy brand, it sells hybrid solar inverters and Lithium Ferro phosphate (LFP) batteries. Invergy deals in OEM manufacturing for hybrid and LFP products. Invergy has its own quality and reliable protocol for contract manufacturing of these products. Invergy manages its own supply chain stream to provide easy and comfortable transitions. 

Invergy buys, make the contract manufacturing, and then sell to the end customers. Invergy has its own quality and reliable protocol for contract manufacturing of these products. Invergy takes an active role in overseeing and controlling the various stages involved in the supply chain. The manufacturing contractor encompasses all the processes from the acquisition of raw materials to the delivery of the final products to Invergy and Invergy thereafter sell to the customers. The goal is to create a seamless and comfortable experience, ensuring that products move from manufacturing to the hands of customers without disruptions or delays.

Business area of the company

The company is primarily engaged in the business of manufacturing of solar plant and trading of electrical goods and solar plant and its ancillary products.

Products of the company

• Solar inverters
• Solar panels 
• Energy storage solutions 
• Solar power generating systems

History and milestones

• 2010: Incorporation of the company as a private limited company with the name of GP Eco Solutions India Private Limited.
• 2018: Awarded as a Star Channel Partner 2018 by SUNGROW being the best channel partner in generating business for SUNGROW throughout the calendar year 2018.
• 2021: Awarded as a Star Achiever 2021 by SUNGROW for over achieved the targets given by SUNGROW for the calendar year 2021.
• 2022: Awarded as a Valuable Partner 2022 by SUNGROW for retaining the most valued clients for SUNGROW over the years.
• 2023: Converted to Public Limited Company - consequently, the name of the Company was changed to ‘GP Eco Solutions India Limited’ 
• 2023: Long Association Award by SUNGROW 
• 2023: Granted a Certificate of Authorization designating the company as an Authorized Channel Partner for Sungrow String Inverters in the entire North India region till December 31, 2024.
• 2024: Awarded as most Trusted Distributor of the year- solar Inverter, by Uttar Pradesh Annual Solar Awards.