GK ENERGY LIMITED

19 Sep 2025 - 23 Sep 2025 Individual Category Main Board BSE NSE

Min Investment

₹14994

Price Band

₹145-₹153

Issue Size

221.81 lakhs
Equity Shares

Lot Size

98 (per lot)

IPO Dates
img

19 Sep 2025

Open Date

img

23 Sep 2025

Close Date

img

24 Sep 2025

Allotment Date

img

26 Sep 2025

Listing Date

GK Energy IPO is a book-built issue worth Rs 464.26 crore. It includes a fresh issue of 2.61 crore equity shares amounting to Rs 400.00 crore and an offer for sale of 0.42 crore shares valued at Rs 64.26 crore. The IPO will open for subscription on September 19, 2025, and close on September 23, 2025. The basis of allotment is expected to be finalized on September 24, 2025, while the shares are scheduled to list on both BSE and NSE on September 26, 2025.The price band for the issue has been fixed at Rs 145 to Rs 153 per share. The minimum lot size is 98 shares, requiring a retail investment of Rs 14,994 at the upper band. For small non-institutional investors (sNII), the minimum application size is 14 lots (1,372 shares) amounting to Rs 2,09,916, whereas for big non-institutional investors (bNII), it is 67 lots (6,566 shares) aggregating to Rs 10,04,598. IIFL Capital Services Ltd is acting as the book-running lead manager and MUFG Intime India Pvt. Ltd is the registrar of the issue.

Know Before Investing

Strengths icon

  • Strong revenue and profit growth with a healthy order book ensuring future visibility.
  • Beneficiary of government initiatives like PM-KUSUM providing steady demand support.
  • Asset-light model and institutional backing through pre-IPO placements.

Weaknesses icon

  • High dependence on government subsidy schemes; any policy shift may affect revenues.
  • Weak or negative operating cash flows in certain periods
  • Revenue concentrated in limited states exposing the business to regional risks.

About Gk Energy Limited

Founded in 2008, GK Energy Limited is engaged in providing engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pumping systems under Component B of the Government of India’s Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) scheme. Between January 1, 2022, and July 31, 2025, the company has emerged as one of the key players in this segment, measured by the number of solar pump systems installed under the scheme.The company delivers a complete, end-to-end solution to farmers, covering survey, design, supply, assembly, installation, testing, commissioning, and maintenance of solar-powered pump systems. GK Energy follows an asset-light model, sourcing solar panels, pumps, and other essential components from specialized vendors, which are then marketed under its “GK Energy” brand. As of November 30, 2024, the company operated 12 warehouses across three states. By March 31, 2025, it employed a localized team of 90 staff members and 709 workmen, enabling efficient operations across five states.

Founded

2008

Managing Director

Gopal Rajaram Kabra

Parent Organization

IPO Objectives

GK Energy intends to utilize the net proceeds from the IPO primarily to meet its long-term working capital requirements, with an allocation of Rs 322.46 crore, while the remaining funds will be directed towards general corporate purposes.

Company Promoters

Gopal Rajaram Kabra

Mehul Ajit Shah

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
img

How to Apply for IPO

img img

Login

Login to your Bigul Account

Select Lots & Price

Choose the number of lots and price

UPI ID

Enter your UPI ID

UPI Mandate Request

A UPI Mandate Request Triggered

Approve Mandate

Approve the UPI Mandate Request

IPO Allotment

YES Share will be credited. and the amount will be debited

Close

Let's Open Free Demat Account