GK Energy IPO GMP, Price, Date, Allotment

GK Energy IPO Review	GK Energy vs Shakti Pumps vs Oswal Pumps
GK Energy IPO SWOT Analysis	GK Energy IPO Subscription

GK Energy IPO Description – GK Energy is a leading engineering, procurement, and commissioning (EPC) company specializing in solar-powered agricultural water pump systems. As the largest EPC provider under India’s PM-KUSUM scheme, GK Energy plays a vital role in promoting renewable energy adoption among farmers, reducing reliance on conventional power sources. The company’s offerings extend beyond pump systems to include comprehensive water storage and distribution solutions, significantly contributing to government initiatives like the Jal Jeevan Mission.

Operating on an asset-light model, GK Energy sources solar components from third-party vendors, which enhances scalability and cost efficiency. However, the company plans to backward integrate by manufacturing its own solar panels, aiming to improve margins and streamline operations. As of 31 July 2025, GK Energy had installed over 62,559 solar pump systems, accounting for 7.37% of the scheme’s completed installations. With a robust order book of INR 1,028.96 crore, it demonstrates strong market traction and future revenue visibility.

Promoters of GK Energy – Gopal Rajaram Kabra and Mehul Ajit Shah

GK Energy IPO Details

GK Energy IPO Dates	19 – 23 September 2025
GK Energy IPO Price	INR 145 – 153 per share
Fresh issue	INR 400 crore
Offer For Sale	42,00,000 shares (INR 60.90 – 64.26 crore)
Total IPO size	INR 460.90 – 464.26 crore
Minimum bid (lot size)	98 shares (INR 14,994)
Face Value	INR 2 per share
Retail Allocation	35%
Listing On	NSE, BSE

GK Energy Financial Performance

	FY 2023*	FY 2024*	FY 2025
Revenue	285.03	411.09	1,094.83
Expenses	271.98	364.04	918.91
Net income	10.08	36.09	133.21
Margin (%)	3.54	8.78	12.17

GK Energy Offer News

• GK Energy RHP
• GK Energy DRHP
• ASBA IPO Forms
• Live IPO Subscription Status
• IPO Allotment Status

GK Energy Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre Issue)	FY 2025 (Post-Issue)*
EPS	0.66	2.14	7.86	6.57
PE Ratio	–	–	18.45 – 19.47	22.07 – 23.29

	FY 2023	FY 2024	FY 2025
RONW (%)	50.73	64.49	63.71
NAV	1.18	3.31	12.35
ROCE (%)	29.36	50.10	55.65
EBITDA (%)	6.03	13.09	18.24
Debt/Equity	1.93	0.94	0.74

GK Energy IPO GMP Today (Daily Trend)

Date	Day-wise IPO GMP	Subject to Sauda
25 September 2025	25	1,900
24 September 2025	27	2,000
23 September 2025	21	1,500
22 September 2025	24	1,700
20 September 2025	27	2,000
19 September 2025	36	2,700
18 September 2025	46	3,500

GK Energy IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

• Funding its long term working capital requirements – INR 322.46 crore
• General corporate purposes

GK Energy IPO Subscription – Live Updates

Category	QIB	NII	Retail	Total
Shares Offered	62,87,724	47,67,931	1,11,25,173	2,21,80,828
23 Sep 2025	186.29	122.72	20.79	89.62
22 Sep 2025	2.90	10.05	6.84	6.41
19 Sep 2025	2.32	2.61	2.70	2.57

91,03,136 shares allotted to anchor investors are not included in these calculations.

GK Energy – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
GK Energy	22.07 – 23.29	6.57	63.71	12.35	1,098.83
Shakti Pumps (India)	24.11	33.97	35.20	96.59	2,516.20
Oswal Pumps	29.00	28.28	93.00	44.56	1,430.30

GK Energy IPO Allotment Status

GK Energy IPO allotment status is now available on MUFG Intime’s website. Click on this link to get the allotment status.

GK Energy IPO Dates & Listing Performance

IPO Opening Date	19 September 2025
IPO Closing Date	23 September 2025
Finalization of Basis of Allotment	24 September 2025
Initiation of refunds	25 September 2025
Transfer of shares to demat accounts	25 September 2025
GK Energy IPO Listing Date	26 September 2025
Opening Price on NSE	INR 171 per share (up 11.76%)
Closing Price on NSE	INR 167.74 per share (up 9.63%)

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GK Energy Offer Lead Manager

IIFL SECURITIES LIMITED
24th Floor, One Lodha Place, Senapati Bapat Marg,
Lower Parel (West) Mumbai 400 013 Maharashtra
Phone: +91 22 4646 4728
Email: [email protected]
Website: www.iiflcap.com

GK Energy Offer Registrar

MUFG INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

GK Energy Contact Details

GK ENERGY LIMITED
Office No. 802, CTS No. 97-A-1/57/2,
Suyog Center, Pune- 411037, Maharashtra, India
Phone: +91 94221 86842
Email: [email protected]
Website: www.gkenergy.in

GK Energy IPO FAQs