GK Energy IPO

GK Energy IPO is a book build issue of Rs 464.26 crores, comprising a fresh issue of Rs 400.00 crores (2.61 crore shares) and an offer for sale of Rs 64.26 crores (0.42 crore shares). The IPO opens on September 19, 2025, and closes on September 23, 2025, with allotment expected on September 24, 2025. Shares will list on BSE and NSE on September 26, 2025. The price band is Rs 145 to Rs 153 per share, with a lot size of 98 shares, requiring a minimum retail investment of Rs 14,994. IIFL Capital Services Ltd. is the lead manager, and MUFG Intime India Pvt. Ltd. is the registrar.

GK Energy IPO Details

Check out the issue details for GK Energy IPO as disclosed in SEBI.

Price Band

₹ 145 - 153

Issue Size

464.26 Cr.

Issue Type

Book Built

Open

2025-09-19

Close

2025-09-23

Listing Date

2025-09-26

Company Financials

You can get the following financial statements of GK Energy as of now.

GK Energy IPO Details

The details about the GK Energy IPO are as follows:

  • The issue size of the IPO is Rs 464.26 Cr.
  • The price band for GK Energy IPO is Rs 145 to Rs 153.
  • The shares of GK Energy IPO will list on BSE and NSE.
  • The latest tentative GMP of GK Energy IPO is Rs 37.
  • The shares of GK Energy IPO are subscribed 2.69 Times.

 

GK Energy IPO Valuation

The approximate valuation of GK Energy IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 153
Existing Shares (Qty)  
Fresh Issue Rs 400.00 Cr
Market Cap  
EPS (FY25)  
PE Ratio  
Industry PE  

 

GK Energy IPO Issue Size

GK Energy IPO issue size is Rs 464.26 Cr.

Issue Amount
Fresh Issue Rs 400.00 Cr
Offer For Sale Rs 64.26 Cr

 

GK Energy IPO Market Lot

An individual can apply for a minimum of 1 lot of 98 shares and a maximum of 13 lots (1,274 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 98 Rs 14,994
Retail Maximum 13 1,274 Rs 1,94,922

 

GK Energy IPO Share Offer

The shares of GK Energy IPO are subscribed 2.69 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

GK Energy IPO GMP (Grey Market Premium)

As on GMP (Tentative)
19 September 2025 Rs 37

GK Energy IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

GK Energy IPO Dates

Find below the dates for GK Energy IPO

Schedule Date
Basis of Allotment 24 Sep 2025
Refunds 25 Sep 2025
Credit to Demat Account 25 Sep 2025
IPO Listing Date 26 Sep 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 70.44 285.03 411.09 1094.83
Total Expenditure 65.43 267.85 357.26 895.14
Operating Profit 5.02 17.18 53.83 199.69
Other Income 0.18 0.43 1.22 4.36
Interest 2.63 3.65 6.1 22.35
Depreciation 0.47 0.48 0.67 1.42
Exceptional Items 0 0 0 0
Profit Before Tax 2.1 13.47 48.28 180.28
Provision for Tax 0.54 3.39 12.19 47.06
Net Profit 1.56 10.08 36.09 133.22
Adjusted EPS (Rs.) 0.01 0.06 0.21 0.78

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 1 1.3 1.3 34.03
Total Reserves 8.12 18.57 54.66 175.08
Borrowings 5.98 6.11 16.24 12.37
Other N/C liabilities 2.69 1.85 3.32 0.7
Current liabilities 52.03 114.99 138.56 361.43
Total Liabilities 69.82 142.82 214.08 583.61
Assets
Net Block 6.3 5.98 10.72 13.97
Capital WIP 0 0 0.02 0
Intangible WIP 0 0 0 0
Investments 0 0 0 0.1
Loans & Advances 0 0 0.01 11
Other N/C Assets 0.02 3.86 10.22 1.57
Current Assets 63.5 132.99 193.11 556.97
Total Assets 69.82 142.82 214.08 583.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 2.1 13.47 48.28 180.28
Adjustment 2.93 3.76 6.07 20.67
Changes in Assets & Liabilities -3.91 -28.8 -53.31 -249.61
Tax Paid -0.55 -3.37 -5.9 -49.93
Operating Cash Flow 0.57 -14.94 -4.86 -98.59
Investing Cash Flow 0.12 -0.34 -9.74 -53.12
Financing Cash Flow -0.34 15.45 14.62 152.06
Net Cash Flow 0.35 0.17 0.01 0.34

GK Energy IPO: Date, Share Price, Review & Details

GK Energy, India's largest pure-play provider of solar-powered agricultural water pump systems, is set to launch its Initial Public Offering (IPO) on September 19, 2025. The Pune-based company is a key player in the implementation of the government's PM-KUSUM scheme, offering end-to-end solutions to farmers.

About GK Energy Ltd.

GK Energy specialises in providing engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems. The company offers a comprehensive single-source solution that includes survey, design, supply, assembly, installation, testing, commissioning, and maintenance of these systems.

The company's business model is heavily tied to government initiatives, particularly the PM-KUSUM scheme. As of September 2025, GK Energy has a strong order book of Rs 759 crore. However, it's important to note that 99.8% of this order book is concentrated in the state of Maharashtra, which presents a significant geographical concentration risk. The management has acknowledged this, stating that their success in Maharashtra provides a strong base to replicate in other high-potential states.

GK Energy IPO Details (2025)

  • IPO Open Date: September 19, 2025

  • IPO Close Date: September 23, 2025

  • Price Band: Rs 145 – Rs 153 per share

  • Lot Size: 98 shares

  • Minimum Investment: Rs 14,994 for retail investors at the upper price band.

  • Issue Size: Rs 464.26 crore, which includes a fresh issue of shares worth Rs 400 crore and an Offer for Sale (OFS) of 42 lakh shares (worth Rs 64.26 crore) by the promoters.

  • Listing: The shares will be listed on both the BSE and NSE, with a tentative listing date of September 26, 2025.

  • Registrar: MUFG Intime India Pvt. Ltd.

Use of IPO Proceeds

The net proceeds from the fresh issue will be utilised for:

  • Funding the company's long-term working capital requirements (Rs 322.5 crore).

  • General corporate purposes.

Anchor Investors

Ahead of the IPO, GK Energy raised Rs 100 crore from anchor investors, including notable names like Valuequest and Kotak AIF, indicating strong institutional interest.

What You Can Find on This Page

This page provides a comprehensive overview of the GK Energy IPO, including:

  • Live IPO Subscription Status: Track the subscription numbers for QIB, NII, and retail categories in real-time.

  • Grey Market Premium (GMP): Get the latest GMP updates to gauge market sentiment.

  • Allotment and Listing Information: Find out the allotment status and track the share price once it is listed. The allotment is expected to be finalized on September 24, 2025.

  • Financial Data: Access detailed financial statements and key performance indicators.

  • Analyst Reviews: Read expert opinions and recommendations on whether to subscribe to the IPO.

Frequently Asked Questions (FAQs) about GK Energy IPO

Q1: What are the key dates for the GK Energy IPO?
The IPO is open from September 19 to September 23, 2025. The tentative listing date is September 26, 2025.

Q2: What is the price band and lot size for the IPO?
The price band is Rs 145 to Rs 153 per share, with a minimum lot size of 98 shares.

Q3: What is the total issue size of the IPO?
The total IPO size is Rs 464.26 crore, comprising a fresh issue of Rs 400 crore and an OFS of Rs 64.26 crore.

Q4: How can I check the IPO allotment status?
You can check the allotment status on the registrar's website, MUFG Intime India Pvt. Ltd., after the allotment date, which is scheduled for September 24, 2025.

For the latest updates on the GK Energy IPO, including subscription details, GMP, and listing information, keep visiting this page.

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