GK Energy Limited Link 
Allotment
GK Energy Limited has launched its IPO through the book-building route, aiming to raise a total of ₹464.26 crore. The issue comprises a fresh issue of 2.61 crore shares aggregating to ₹400.00 crore and an offer for sale (OFS) of 0.42 crore shares aggregating to ₹64.26 crore. The IPO bidding opened on September 19, 2025, and closed on September 23, 2025, with allotment finalized on September 24, 2025. The shares were listed on BSE and NSE on September 26, 2025.
The IPO is priced in the band of ₹153 per share, with a lot size of 98 shares. For retail investors, the minimum investment is ₹14,994 at the upper price. Small Non-Institutional Investors (sNII) can apply for 14 lots (1,372 shares) amounting to ₹2,09,916, while Big Non-Institutional Investors (bNII) can apply for 67 lots (6,566 shares) totaling ₹10,04,598.
The company has appointed IIFL Capital Services Ltd. as the Book Running Lead Manager and MUFG Intime India Pvt. Ltd. as the Registrar for the issue. These intermediaries ensure smooth processing, allotment, and post-listing support for investors.
Overall, the IPO provides an opportunity to participate in the growth of GK Energy Ltd., a company focused on solar-powered agricultural water pump systems under the PM-KUSUM Scheme, offering end-to-end EPC solutions across multiple states with an asset-light operational model.
₹153
0%
Open
₹153
HIgh - Low
₹153
Previous Close
₹153
Total Traded Value
0
52 Weeks High
₹153
52 Weeks Low
₹153
Updates On
Sept 20, 2025
IPO. Open
Sep 19, 2026
IPO. Close
Sep 23, 2026
IPO. Price
₹153.00
IPO Market price
₹3,103.10 Cr
IPO Details
| IPO Date | 26 Sep |
| IPO Listing Date | 26 Sep |
| IPO Face Value | Rs.2 per Equity Share |
| IPO Price Range | ₹153.00 |
| IPO Issue Size | 3,03,43,790 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE |
| Share Holding Pre Issue | 17,66,73,476 shares |
IPO Reservation
| IPO Open Date | 19 Sep |
| IPO Close Date | 23 Sep |
| IPO Allotment (Tentative) | 24 Sep |
| Refunds | 25 Sep |
| Credit to Demat Account | 25 Sep |
| IPO Listing Date | 26 Sep |
IPO Timetable
| Category | Offer |
|---|---|
| QIB Shares Offered | 62,87,724 |
| NII (HNI) Shares Offered | 47,67,931 |
| Retail Shares Offered | 1,11,25,173 |
IPO Lot Size
Investors can bid for a minimum of 98 shares, with additional shares to be purchased in multiples of 98.
| Application | Lots | Share | 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) | 67 | 6,468 | ₹9,89,604 |
| B-HNI (Min) | 68 | 6,566 | ₹10,04,598 |
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 Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) Scheme. The company’s performance is measured by the number of solar-powered pump systems installed under the PM-KUSUM Scheme from January 1, 2022, to July 31, 2025.
GK Energy offers farmers a comprehensive, single-source solution that covers surveying, design, supply, assembly and installation, testing, commissioning, and ongoing maintenance of solar-powered pump systems. This end-to-end approach ensures a seamless experience for agricultural customers adopting renewable energy solutions.
The company operates an asset-light business model, sourcing solar panels, pumps, and other components for its systems from specialized vendors, marketed under the “GK Energy” brand. This allows flexibility, cost efficiency, and scalability across diverse geographies.
As of November 30, 2024, GK Energy maintained 12 warehouses across three states. By March 31, 2025, the company had a local workforce of 90 employees and 709 workmen, enabling it to efficiently manage operations across five states.
Company Financials (Consolidated)
| 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 | - | - |
Key Performance Indicator (KPI)
| 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 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 322.46 |
| 3 | To meet out the General Corporate Purposes; | 46.49 |
| 4 | Offer for Sale (OFS) | - |
Contact Details
GK Energy Ltd. Address
Office No. 802,
CTS No. 97-A-1/57/2,
Suyog Center,
Pune, Maharashtra, 411037
Phone: 020 – 24268111
Email: investors@gkenergy.in
Website: http://www.gkenergy.in/
Detail Registrar
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
gkenergy.ipo@linkintime.co.in
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