Quick summary
GK Energy’s IPO opened to public subscription on September 19, 2025 with a price band of ₹145–153 per share. The issue is receiving notable grey-market interest, with GMP levels signaling strong listing expectations.
About the company
GK Energy is an EPC player focused on solar-powered agricultural water pump systems and rooftop/rooftop-adjacent solar projects. The company operates across several states and delivers turnkey solutions under government schemes like PM-KUSUM. Promoters include experienced executives with a background in power and EPC services.
Financials and strengths
The company has reported rapid revenue and profit growth in recent years, supported by a large order book and expanding geographic reach. Media coverage highlights a jump in revenue from FY23 to FY25 and marked improvement in PAT, indicating strong operational scaling. Key strengths include a focused EPC model, a secured order book and institutional customer exposure.
Objects of the issue & GMP
GK Energy’s IPO comprises a fresh issue and an offer-for-sale; proceeds are intended for working capital, debt repayment and general corporate purposes. Anchor allocations were executed at the upper band, and anchor funding topped around ₹139 crore ahead of the public offer — a sign of institutional backing. Grey market activity (the gk energy ipo gmp today) has shown sizeable premiums in the run up to listing.
Industry context & outlook
India’s renewable energy push, especially programmes supporting irrigation and agricultural pumps, anchors long-term demand for GK Energy’s turnkey solutions. The sector looks favourable structurally, though margins are sensitive to working-capital cycles, payment timings under government schemes, and competitive bids.
IPO timetable (key dates)
- Open Date / Close Date: Sep 19, 2025 — Sep 23, 2025
- Tentative Allotment Date: Sep 24, 2025
- Initiation of Refunds / Credit to Demat: Sep 25, 2025 (expected)
- Tentative Listing Date: Sep 26, 2025 (BSE & NSE)
- Cut-off for UPI mandate confirmation: 5:00 PM on the bid/offer closing date
Price band, lot size & application amounts
The company fixed a price band of ₹145–153 and a lot size of 98 shares. At the upper band, one retail lot requires roughly ₹14,994. Allocation slabs follow the usual retail / NII / QIB split defined in the offer document.
Corporate events, dividend & bonus
Recent corporate events include a sizeable anchor placement (≈₹139 crore) and active investor outreach ahead of listing. The company has not announced any dividend or bonus tied to the IPO; proceeds prioritise growth and working capital.
Stock price, GMP today & multibagger view
Unlisted shares were trading at a substantial premium before listing, with GMP reports ranging from ~24% to near 29% in different trackers — indicating strong listing expectations but also volatility. Long-term multibagger potential will depend on execution, sustained margins, and timely payments from large institutional contracts. Use GMP only as a sentiment gauge, not a price guarantee.
Should you subscribe?
For investors seeking sector exposure to solar EPC and comfortable with IPO volatility, GK Energy is worth reviewing. Read the RHP, consider management track record, order book quality and working-capital dynamics, and match the risk to your portfolio timeframe before applying.
Disclaimer
This article is for informational purposes only and not investment advice. Verify dates and figures with the official prospectus/registrar and consult a licensed financial advisor before investing in the gk energy ipo.
FAQs
Q1: What are the GK Energy IPO open and close dates?
Answer: The IPO is open from Sep 19 to Sep 23, 2025.
Q2: What is the GK Energy IPO price band and lot size?
Answer: Price band is ₹145–153 and the lot size is 98 shares (one lot ≈ ₹14,994 at upper band).
Q3: What is the GK Energy IPO GMP today?
Answer: Grey-market premiums varied in the run-up to listing; day-one reports indicated GMP in the mid-20s percentage range. GMP is unofficial and can change rapidly.
