GP Eco Solutions
Minerva Ventures Fund acquired 9,18,500 shares in GP Eco Solutions, representing a 5.95% stake. This was a preferential allotment of convertible warrants.
A manufacturer and trader specializing in solar plants and photovoltaic panels, GP Eco Solutions operates in India's renewable energy equipment sector. The company manufactures solar installations and also trades in electronic equipment and solar-related products for commercial and industrial applications. Established in 2010, it serves India's growing demand for sustainable energy solutions and related electrical equipment across multiple market segments.
A Mauritius-based foreign portfolio investor and an active anchor investor in Indian SME public issues, where it has backed a steady run of listings. It also builds positions in listed small caps. The fund reports through more than one vehicle, including an Indus QRAC strategy, and both sit under the same administrator.