GK Energy IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Construction
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.…
Open Date
Fri, 19 Sep 2025
Close Date
Tue, 23 Sep 2025
Price Band
₹ 145 – 153
Lot Size
98
Issue Size
₹ 464.26 Cr
Minimum Investment
₹ 14,994 (98 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
GK Energy IPO has successfully completed its IPO process and is now listed on the NSE and BSE. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹464.26 Crore, comprising a fresh issue of 2.61 Crore equity shares aggregating to ₹400.00 Crore and an offer for sale (OFS) of 42.00 Lakh equity shares aggregating to ₹64.26 Crore by the existing shareholders.
The GK Energy IPO remained open for subscription from September 19, 2025, to September 23, 2025. The basis of allotment was finalized on September 24, 2025, and the company's shares were listed on the NSE and BSE on September 26, 2025.
The company had fixed the price band at ₹145 to ₹153 per share, with a lot size of 98 shares. Retail investors were required to make a minimum investment of ₹14,994 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. IIFL Capital Services Limited, and HDFC Bank Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, GK Energy Limited is now a publicly listed company on the NSE and BSE. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
GK Energy IPO Timeline (Tentative)
- IPO Open Date
- Fri, 19 Sep 25
- IPO Close Date
- Tue, 23 Sep 25
- Basis of Allotment
- Wed, 24 Sep 25
- Initiation of Refunds
- Thu, 25 Sep 25
- Credit of Shares to Demat
- Thu, 25 Sep 25
- Listing Date
- Fri, 26 Sep 25 — NSE & BSE
Open Date
19 September 2025
Close Date
23 September 2025
Basis Of Allotment
24 September 2025
Listing Date
26 September 2025
IPO Subscription
Check Live Subscription →The GK Energy IPO has received bids for 1,98,77,78,982 shares against 2,21,80,828 shares offered, resulting in an overall subscription of 89.62x. the NII category is subscribed 122.73x, Retail Investors 20.79x, and QIBs 186.29x. Within the NII category, BNII is subscribed 137.54x, while SNII is subscribed 93.09x.
QIB
186.29x
NII
122.73x
BNII
137.54x
SNII
93.09x
RII
20.79x
Total
89.62x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 1,11,25,173 shares, representing 50.15% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 62,87,724 shares (28.35%), while Non-Institutional Investors (NIIs) receive 47,67,931 shares (21.5%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 6,287,724 | 28.35% |
| Non-Institutional | 4,767,931 | 21.5% |
| BNII | 3,178,621 | 14.33% |
| SNII | 1,589,310 | 7.17% |
| Retail Investors | 11,125,173 | 50.15% |
| Total | 22,180,828 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
GK Energy Limited KPI Information
| 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 |
| Pat Margin % | 12.12 | 8.75 | 3.53 |
Peers Comparison
No Peer Comparision Available
About GK Energy Limited
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.
GK Energy IPO Promoters
- Gopal Rajaram Kabra
- Mehul Ajit Shah
Promoters Holding
Holding Pre Issue
93.29%
Holding Post Issue
78.64%
GK Energy IPO Objective
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
GK Energy Limited Address / Contact Details
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
GK Energy IPO Lot Size
The GK Energy IPO has a lot size of 98 shares. Retail investors require a minimum investment of ₹14,994 by applying for 1 lot (98 shares). The maximum application allowed for the retail category is 13 lots (1,274 shares), requiring an investment of ₹1,94,922.
| 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 |
Issue Reservation
- QIB — 28.35%
- NII — 21.5%
- RII — 50.15%
Book Running Lead Managers
- IIFL Capital Services Limited
- HDFC Bank Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the GK Energy IPO?
GK Energy IPO is a Book-building IPO with a total issue size of ₹464.26 crore. The GK Energy IPO price band is ₹145 to 153 per share. The GK Energy IPO subscription opens on Fri, Sep 19, 2025, and closes on Tue, Sep 23, 2025. The GK Energy IPO will be listed on the BSE,NSE. MUFG Intime India Private Limited is the registrar for the GK Energy IPO.
When will the GK Energy IPO open for subscription?
The GK Energy IPO opens on Fri, Sep 19, 2025 and closes on Tue, Sep 23, 2025
What is GK Energy IPO Price Band?
GK Energy IPO Price Band is ₹145 to 153 per share.
What is GK Energy IPO Lot Size?
GK Energy IPO lot size is 98 shares, Retail investors need a minimum investment of ₹14994 based on the upper price band
What is the minimum investment for GK Energy IPO?
The minimum investment for GK Energy IPO is ₹14994, based on one lot of 98 shares at the upper price band of ₹153 per share.
How to apply for GK Energy IPO?
Investors can apply for the GK Energy IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Tue, Sep 23, 2025. The application amount remains blocked until the GK Energy IPO allotment is finalized.
What is GK Energy IPO Issue Size?
GK Energy IPO issue size is ₹464.26 crores.
What is the GK Energy IPO Allotment Date?
GK Energy IPO allotment date is Wed, Sep 24, 2025.
Who is the GK Energy IPO Registrar?
The registrar for GK Energy IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check GK Energy IPO allotment status, refund processing, and other IPO-related information.
What is the GK Energy IPO GMP?
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 11.76% over the issue price.
Who is the GK Energy IPO Lead Manager?
The book-running lead managers (BRLMs) for the GK Energy IPO are IIFL Capital Services Limited, and HDFC Bank Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the GK Energy IPO Red Herring Prospectus (RHP).