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:
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.