GK Energy IPO
Live Updates, GMP, Subscription Data, and Financial Details
IPO Overview
Listed
Dates
Sep 19 to Sep 23 2025
Price Band
₹145 - 153
Current GMP
₹171.0 (+11.76%)
Subscription
93.58 times
IPO Details
| IPO Date | September 19, 2025 to September 23, 2025 |
| Listing Date | September 26, 2025 |
| Face Value | ₹2 per share |
| Issue Price Band | ₹145 to ₹153 per share |
| Issue Price Final | ₹153 per share |
| Lot Size | 98 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 3,03,43,790 shares (aggregating up to ₹464.26 Cr) |
| Fresh Issue | 2,61,43,790 shares (aggregating up to ₹400.00 Cr) |
| Offer for Sale | 42,00,000 shares of ₹2 (aggregating up to ₹64.26 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Share Holding Pre Issue | 17,66,73,476 shares |
| Share Holding Post Issue | 20,28,17,266 shares |
IPO Date
September 19, 2025 to September 23, 2025
Listing Date
September 26, 2025
Face Value
₹2 per share
Issue Price Band
₹145 to ₹153 per share
Issue Price Final
₹153 per share
Lot Size
98 Shares
Sale Type
Fresh Capital-cum-Offer for Sale
Total Issue Size
3,03,43,790 shares (aggregating up to ₹464.26 Cr)
Fresh Issue
2,61,43,790 shares (aggregating up to ₹400.00 Cr)
Offer for Sale
42,00,000 shares of ₹2 (aggregating up to ₹64.26 Cr)
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE
Share Holding Pre Issue
17,66,73,476 shares
Share Holding Post Issue
20,28,17,266 shares
IPO Subscription Details
| Anchor Investors | 1 |
| QIB (Ex Anchor) | 193.01 |
| Non-Institutional Buyers | 128.56 |
| bNII (bids above ₹10L) | 144.08 |
| sNII (bids below ₹10L) | 97.51 |
| Retail Investors | 21.78 |
| Total ** | 93.58 |
Anchor Investors
1
QIB (Ex Anchor)
193.01
Non-Institutional Buyers
128.56
bNII (bids above ₹10L)
144.08
sNII (bids below ₹10L)
97.51
Retail Investors
21.78
Total **
93.58
Day Wise Sub
| Day | QIB (Ex Anchor) | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Day 1 Sep 19, 2025 | 2.40 | 2.74 | 1.74 | 4.74 | 2.83 | 2.69 |
| Day 2 Sep 22, 2025 | 3.00 | 10.53 | 8.10 | 15.37 | 7.17 | 6.70 |
| Day 3 Sep 23, 2025 | 193.01 | 128.56 | 144.08 | 97.51 | 21.78 | 93.58 |
DayDay 1
Sep 19, 2025
QIB (Ex Anchor)2.40
NII2.74
NII (> ₹10L)1.74
NII (< ₹10L)4.74
Retail2.83
Total2.69
DayDay 2
Sep 22, 2025
QIB (Ex Anchor)3.00
NII10.53
NII (> ₹10L)8.10
NII (< ₹10L)15.37
Retail7.17
Total6.70
DayDay 3
Sep 23, 2025
QIB (Ex Anchor)193.01
NII128.56
NII (> ₹10L)144.08
NII (< ₹10L)97.51
Retail21.78
Total93.58
Day Wise GMP
| Date | Price | GMP | Estimate List Price |
|---|---|---|---|
| 26-09-2025 | 153.00 | 18(11.76%) | 171 |
| 25-09-2025 | 153.00 | 18(11.76%) | 171 |
| 24-09-2025 | 153.00 | 25(16.34%) | 178 |
| 23-09-2025 | 153.00 | 31(20.26%) | 184 |
| 22-09-2025 | 153.00 | 20(13.07%) | 173 |
| 21-09-2025 | 153.00 | 22(14.38%) | 175 |
| 20-09-2025 | 153.00 | 22(14.38%) | 175 |
| 19-09-2025 | 153.00 | 25(16.34%) | 178 |
| 18-09-2025 | 153.00 | 36(23.53%) | 189 |
| 17-09-2025 | 153.00 | 45(29.41%) | 198 |
| 16-09-2025 | 153.00 | 0(0.00%) | 153 |
| 15-09-2025 | 0(%) | (%) |
Date26-09-2025
Price153.00
GMP18(11.76%)
Estimate List Price171
Date25-09-2025
Price153.00
GMP18(11.76%)
Estimate List Price171
Date24-09-2025
Price153.00
GMP25(16.34%)
Estimate List Price178
Date23-09-2025
Price153.00
GMP31(20.26%)
Estimate List Price184
Date22-09-2025
Price153.00
GMP20(13.07%)
Estimate List Price173
Date21-09-2025
Price153.00
GMP22(14.38%)
Estimate List Price175
Date20-09-2025
Price153.00
GMP22(14.38%)
Estimate List Price175
Date19-09-2025
Price153.00
GMP25(16.34%)
Estimate List Price178
Date18-09-2025
Price153.00
GMP36(23.53%)
Estimate List Price189
Date17-09-2025
Price153.00
GMP45(29.41%)
Estimate List Price198
Date16-09-2025
Price153.00
GMP0(0.00%)
Estimate List Price153
Date15-09-2025
Price
GMP0(%)
Estimate List Price(%)
IPO Important Dates
| IPO Open Date | Fri, Sep 19, 2025 |
| IPO Close Date | Tue, Sep 23, 2025 |
| Tentative Allotment | Wed, Sep 24, 2025 |
| Initiation of Refunds | Thu, Sep 25, 2025 |
| Credit of Shares to Demat | Thu, Sep 25, 2025 |
| Tentative Listing Date | Fri, Sep 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Sep 23, 2025 |
IPO Open Date
Fri, Sep 19, 2025
IPO Close Date
Tue, Sep 23, 2025
Tentative Allotment
Wed, Sep 24, 2025
Initiation of Refunds
Thu, Sep 25, 2025
Credit of Shares to Demat
Thu, Sep 25, 2025
Tentative Listing Date
Fri, Sep 26, 2025
Cut-off time for UPI mandate confirmation
5 PM on Tue, Sep 23, 2025
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 98 | ₹14,994 |
| Retail (Max) | 13 | 1,274 | ₹1,94,922 |
| S-HNI (Min) | 14 | 1,372 | ₹2,09,916 |
| S-HNI (Max) | 66 | 6,468 | ₹9,89,604 |
| B-HNI (Min) | 67 | 6,566 | ₹10,04,598 |
ApplicationRetail (Min)
Lots1
Shares98
Amount₹14,994
ApplicationRetail (Max)
Lots13
Shares1,274
Amount₹1,94,922
ApplicationS-HNI (Min)
Lots14
Shares1,372
Amount₹2,09,916
ApplicationS-HNI (Max)
Lots66
Shares6,468
Amount₹9,89,604
ApplicationB-HNI (Min)
Lots67
Shares6,566
Amount₹10,04,598
Financial Information
| Period Ended | 31 Mar 2025 |
| Assets | 583.62 |
| Total Income | 1,099.18 |
| Profit After Tax | 133.21 |
| EBITDA | 199.69 |
| NET Worth | 209.09 |
| Reserves and Surplus | 175.07 |
| Total Borrowing | 217.79 |
Period Ended
31 Mar 2025
Assets
583.62
Total Income
1,099.18
Profit After Tax
133.21
EBITDA
199.69
NET Worth
209.09
Reserves and Surplus
175.07
Total Borrowing
217.79
Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio |
|---|---|---|---|---|---|---|
| GK Energy Limited | 7.86 | 7.86 | 12.35 | 63.71 | ||
| Shakti Pumps (india) Ltd. | 33.97 | 33.97 | 96.59 | 24.11 | 35.20 | 8.53 |
| Oswal Pumps Limited | 28.21 | 28.18 | 44.56 | 29.00 | 93.00 | 18.57 |
Company NameGK Energy Limited
EPS (Basic)7.86
EPS (Diluted)7.86
NAV (per share) (Rs)12.35
P/E (x)
RoNW (%)63.71
P/BV Ratio
Company NameShakti Pumps (india) Ltd.
EPS (Basic)33.97
EPS (Diluted)33.97
NAV (per share) (Rs)96.59
P/E (x)24.11
RoNW (%)35.20
P/BV Ratio8.53
Company NameOswal Pumps Limited
EPS (Basic)28.21
EPS (Diluted)28.18
NAV (per share) (Rs)44.56
P/E (x)29.00
RoNW (%)93.00
P/BV Ratio18.57
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 1,51,71,895 (50.00%) | NA |
| − Anchor Investor Shares Offered | 91,03,136 (30.00%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 60,68,759 (20.00%) | NA |
| NII (HNI) Shares Offered | 45,51,569 (15.00%) | NA |
| − bNII > ₹10L | 30,34,379 (10.00%) | 2,211 |
| − sNII < ₹10L | 15,17,190 (5.00%) | 1,105 |
| Retail Shares Offered | 1,06,20,327 (35.00%) | 1,08,370 |
| Total Shares Offered | 3,03,43,791 (100.00%) |
Investor CategoryQIB Shares Offered
Shares Offered1,51,71,895 (50.00%)
Maximum AllotteesNA
Investor Category− Anchor Investor Shares Offered
Shares Offered91,03,136 (30.00%)
Maximum AllotteesNA
Investor Category− QIB (Ex. Anchor) Shares Offered
Shares Offered60,68,759 (20.00%)
Maximum AllotteesNA
Investor CategoryNII (HNI) Shares Offered
Shares Offered45,51,569 (15.00%)
Maximum AllotteesNA
Investor Category− bNII > ₹10L
Shares Offered30,34,379 (10.00%)
Maximum Allottees2,211
Investor Category− sNII < ₹10L
Shares Offered15,17,190 (5.00%)
Maximum Allottees1,105
Investor CategoryRetail Shares Offered
Shares Offered1,06,20,327 (35.00%)
Maximum Allottees1,08,370
Investor CategoryTotal Shares Offered
Shares Offered3,03,43,791 (100.00%)
Maximum Allottees
Information about company
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 solution for the survey, design, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems.
GK Energy currently operate an asset-light business model. The company sources solar panels, pumps and various other components of solar-powered pump systems under the “GK Energy” brand from different specialised vendors.
As of November 30, 2024, The company has 12 warehouses in three states as at August 30, 2025, and a localised workforce of 90 employees and 709 workmen as at March 31, 2025, which enable us to efficiently operate across broad geographic areas in five states.
Objectives of IPO
The Company GK Energy IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
S.No.
Objects of the Issue
Expected Amount (₹ in crores)
1
Funding our long term working capital requirements
322.46
2
General corporate purposes
Disclaimer
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