GK Energy IPO
Open MainLineCurrent GMP
₹18 (+11.76%)
Price Band
₹ 145 – 153
Lot Size
98
Issue Size
₹464.26 Cr
Minimum Investment
₹14994 (98 Shares)
Listing Date
26 September 2025
Subscription
89.62x
About the Company
Incorporated in 2008, GK Energy Limited is engaged in providing engineering, procurement, and commissioning (“EPC”) services for solar-powered agricultural water pump systems under Component B of the Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) Scheme. The company ranks among the leading EPC providers under the PM-KUSUM Scheme, as measured by the number of solar-powered pump systems installed between January 1, 2022 and July 31, 2025.
GK Energy offers farmers an end-to-end, single-source solution covering survey, design, supply, assembly and installation, testing, commissioning, and maintenance of solar-powered pump systems.
The company follows an asset-light business model, sourcing solar panels, pumps, and other components of solar-powered pump systems under the “GK Energy” brand from specialized vendors.
As of November 30, 2024, GK Energy operated 12 warehouses across three states. Supported by a localised workforce of 90 employees and 709 workmen as of March 31, 2025, the company is able to efficiently manage operations across broad geographic regions in five states.
Promoters
- Gopal Rajaram Kabra
- Mehul Ajit Shah
Promoters Holding
Holding Pre Issue
93.29%
Holding Post Issue
78.64%
Objects of the Issue
The Company GK Energy IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding our long term working capital requirements
- General corporate purposes
Address / Contact Info
GK Energy Ltd.
Office No. 802,
CTS No. 97-A-1/57/2,
Suyog Center,
Pune, Maharashtra, 411037
Phone: 020 - 24268111
Email: investors@gkenergy.in
Website: http://www.gkenergy.in/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Friday, 19 September 2025
IPO Close Date
Tuesday, 23 September 2025
Basis of Allotment
Wednesday, 24 September 2025
Initiation of Refunds
Thursday, 25 September 2025
Credit of Shares to Demat
Thursday, 25 September 2025
Listing Date
Friday, 26 September 2025 — NSE & BSE
Important Dates
Open Date
19 September 2025
Close Date
23 September 2025
Basis Of Allotment
24 September 2025
Listing Date
26 September 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 583.62 | 214.08 | 142.82 |
| Revenue | 1099.17 | 412.31 | 285.45 |
| Profit After Tax | 133.2 | 36.09 | 10.08 |
| Net Worth | 209.09 | 55.96 | 19.87 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 217.79 | 62.29 | 42.61 |
EPS Pre
7.54%
EPS Post
6.57%
P/E Pre
20.29
P/E (Post Issue)
23.30x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 63.71 | 64.49 | 50.73 |
| ROCE % | 55.65 | 50.1 | 29.36 |
| Debt / Equity | 0.74 | 0.94 | 1.93 |
| RoNW % | 63.71 | 64.49 | 50.73 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 12.12 | 8.75 | 3.53 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 6287724 | 28.35 | 0 |
| Non-Institutional | 4767931 | 21.5 | 0 |
| BNII | 3178621 | 14.33 | 0 |
| SNII | 1589310 | 7.17 | 0 |
| Retail Investors | 11125173 | 50.15 | 0 |
| Total | 22180828 | 100 | 0 |
Subscription Status ( Tue, 23 Sep 25 01:34 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 6287724 | 1171323342 | 186.29x |
| Non-Institutional | 4767931 | 585144672 | 122.73x |
| BNII | 3178621 | 437196620 | 137.54x |
| SNII | 1589310 | 147948052 | 93.09x |
| Retail Investors | 11125173 | 231310968 | 20.79x |
| Total | 22180828 | 1987778982 | 89.62x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 98 | 14,994.00 |
| Retail (Max) | 13 | 1,274 | 194,922.00 |
| S-HNI (Min) | 14 | 1,372 | 209,916.00 |
| S-HNI (Max) | 66 | 6,468 | 989,604.00 |
| B-HNI (Min) | 67 | 6,566 | 1,004,598.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- IIFL Capital Services Limited
- Hdfc Bank Limited
RHP Document
DRHP Document
Anchor Investors
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
GK Energy IPO is a Book-building IPO worth ₹464.26 crores. The price band is ₹145 to 153 per share. The IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The GK Energy IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025
GK Energy IPO Price Band is ₹145 to 153.
GK Energy IPO lot size is 98, and the minimum amount required for application is ₹14994.
The minimum investment for GK Energy IPO is approximately ₹14994 based on the upper price band.
To apply for the GK Energy IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Tue, Sep 23, 2025. After submission, funds are blocked until the basis of allotment of GK Energy IPO is finalised.
GK Energy IPO issue size is ₹464.26 crores.
GK Energy IPO allotment date is Sat, Jun 27, 2026.
The registrar for GK Energy IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to GK Energy IPO through their official website or helpline.
The GK Energy IPO GMP (Grey Market Premium) is ₹18 as of Fri, Sep 26, 2025. Based on the upper price band of ₹153 per share, the estimated GK Energy IPO listing price is ₹171, indicating a potential listing gain of approximately 31% over the issue price.