GK Energy IPO
GK Energy IPO
Overview
GK Energy IPO is a book build issue of ₹464.26 crores. The issue is a combination of fresh issue of 2.61 crore shares aggregating to ₹400.00 crores and offer for sale of 0.42 crore shares aggregating to ₹64.26 crores. GK Energy IPO opens for subscription on Sep 19, 2025 and closes on Sep 23, 2025. The allotment for the GK Energy IPO is expected to be finalized on Sep 24, 2025. GK Energy IPO will list on BSE, NSE with a tentative listing date fixed as Sep 26, 2025. GK Energy IPO price band is set at ₹145.00 to ₹153.00 per share . The lot size for an application is 98. The minimum amount of investment required by an retail is ₹14,994 (98 shares) (based on upper price). The lot size investment for sNII is 14 lots (1,372 shares), amounting to ₹2,09,916, and for bNII, it is 67 lots (6,566 shares), amounting to ₹10,04,598. IIFL Capital Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
3,03,43,790
Issue Size
₹464.26 Cr
Price Band
₹145 – ₹153
Lot Size
98 shares
Min. Investment
₹14,994
Max. Investment
₹1,94,922
Open Date
19 Sep, 2025
Close Date
23 Sep, 2025
Allotment
24 Sep, 2025
Listing
26 Sep, 2025
Max. Investment
₹1,94,922
Announced
19 Sep, 2025
Opening Date
19 Sep, 2025
Closing Date
23 Sep, 2025
Basis of Allotment
24 Sep, 2025
Initiation of Refunds
25 Sep, 2025
Credit of Shares
25 Sep, 2025
Listing Date
26 Sep, 2025
Live GMP
Est. Listing: ₹184
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About GK Energy IPO
Incorporated in 2008, GK Energy Limited provides 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 scheme (the “PM-KUSUM Scheme”) as measured by the number of solar-powered pump systems installed under the PMKUSUM Scheme in the period from January 1, 2022 to July 31, 2025.
The company offer farmers an end-to-end single-source
GK Energy IPO Share Price
Issue Breakdown
Shareholding
Dilution: 14.8% increase in shares
GK Energy IPO Promoters Holding
GK Energy IPO Financial Health
GK Energy IPO Lot Size
Investors can bid for a minimum of 98 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 98 | ₹14,994 |
| Retail (Max) | 13 | 1274 | ₹1,94,922 |
| S-HNI (Min) | 14 | 1372 | ₹2,09,916 |
| S-HNI (Max) | 66 | 6468 | ₹9,89,604 |
| B-HNI (Min) | 67 | 6566 | ₹10,04,598 |
(All values in CR)
GK Energy IPO Valuations
The market capitalization of GK Energy IPO is ₹3103.10 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| ROE | 63.71 |
| ROCE | 55.65 |
| Debt/Equity | 0.74 |
| RoNW | 63.71 |
| PAT Margin | 12.12 |
| EBITDA Margin | 18.24 |
| Price to Book Value | 12.39 |
(All values in CR)
GK Energy IPO Strength & Risk
GK Energy IPO Strength:
Strong growth momentum in revenue and profits.
High returns indicating efficient capital usage.
Robust order book under government renewable energy schemes.
Asset-light business model supporting scalability.
Recognized market position in solar-powered agricultural pumps.
Local infrastructure and workforce improving service quality.
GK Energy IPO Risk:
Heavy reliance on government schemes for revenue.
Rising operational and working capital costs impacting margins.
Dependence on third-party suppliers for key components.
Customer concentration risk with few large clients.
Geographic concentration risk in limited states.
Cash flow pressure due to elevated expenses and longer cycles.
GK Energy IPO Subscriptions Status
GK Energy IPO subscribed 4.43 times. The public issue subscribed 4.99 times in the retail category, 2.41 times in QIB (Ex Anchor), and 5.79 times in the NII category by September 22, 2025 12:14:42 PM (Day 2).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2.41 | 60,68,759 | 1,46,31,106 | 223.86 |
| Non-Institutional Buyers | 5.79 | 45,51,569 | 2,63,51,514 | 403.18 |
| bNII (bids above ₹10L) | 4.08 | 30,34,379 | 1,23,86,024 | 189.51 |
| sNII (bids below ₹10L) | 9.20 | 15,17,190 | 1,39,65,490 | 213.67 |
| Retail | 4.99 | 1,06,20,327 | 5,30,26,526 | 811.31 |
| Total | 4.43 | 2,12,40,655 | 9,40,09,146 | 1 |
GK Energy IPO GMP
GK Energy IPO last GMP is ₹31, last updated Sep 23rd 2025 05:29 PM. With the price band of 153.00, GK Energy IPO's estimated listing price is ₹184 (cap price + today's GMP).The expected percentage gain/loss per share is 20.26%. >> GK Energy IPO Retail Subject to Sauda: ₹2300 >> GK Energy IPO Small HNI Subject to Sauda: ₹32200 The lowest GMP is ₹0.00, while the highest GMP is ₹45.00.
Last updated 23 Sep, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 23 Sep, 2025 | 153 | ₹31▲ | 2300/32200 | ₹184 (20.26%) | 3038 | 23 Sep, 2025 |
| 22 Sep, 2025 | 153 | ₹20▼ | 1500/21000 | ₹173 (13.07%) | 1960 | 22 Sep, 2025 |
| 21 Sep, 2025 | 153 | ₹22 | 1600/22400 | ₹175 (14.38%) | 2156 | 21 Sep, 2025 |
| 20 Sep, 2025 | 153 | ₹22▼ | 1600/22400 | ₹175 (14.38%) | 2156 | 20 Sep, 2025 |
| 19 Sep, 2025 | 153 | ₹25▼ | 1900/26600 | ₹178 (16.34%) | 2450 | 19 Sep, 2025 |
| 18 Sep, 2025 | 153 | ₹36▼ | 2700/37800 | ₹189 (23.53%) | 3528 | 18 Sep, 2025 |
| 17 Sep, 2025 | 153 | ₹45▲ | 3400/47600 | ₹198 (29.41%) | 4410 | 17 Sep, 2025 |
| 16 Sep, 2025 | 153 | ₹0 | - | ₹153 (0.00%) | - | 16 Sep, 2025 |
| 15 Sep, 2025 | 0 | ₹0 | - | ₹ (%) | - | 15 Sep, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for GK Energy IPO
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Go to IPO Section
Find GK Energy IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.