
Energy · NSE / BSE
GK Energy primarily provides Engineering, Procurement, and Commissioning (EPC) services for solar-powered agricultural water pump systems, catering mainly to farmers in India. The company operates under Component B of the PM-KUSUM Scheme (Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan). Acting as a comprehensive one-stop solution, GK Energy manages the entire process, including surveying, designing, supplying, assembling, installing, testing, commissioning, and maintaining systems. Its business model is asset-light, as the company does not own major manufacturing facilities but instead focuses on project management, integration, and service delivery. All key components, such as solar panels and pumps, are procured from specialized third-party vendors and supplied under the “GK Energy” brand. To support its operations, the company leases 13 warehouses across three Indian states and employs a workforce of 60 people, as of November 30, 2024.
Price Band
₹145 – ₹153
Issue Size
₹464 Cr
Lot Size
98 shares
GMP
+13.1%
Est. Listing
₹173
at current GMP
Subscribed
93.58x
overall
Open
19 Sep 2025
Close
23 Sep 2025
Allotment
24 Sep 2025
Refund
25 Sep 2025
Demat Credit
26 Sep 2025
Listing
26 Sep 2025
Overall Subscription
93.58x
Total Demand
QIB Multiplier
193.01x
Institutions & Funds
NII / HNI
128.56x
High Net-Worth
Retail (RII)
21.78x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,068,759 | 1,171,323,342 | 193.01x |
| NIB | 4,551,569 | 585,144,672 | 128.56x |
| HNIs(10L +) | 3,034,379 | 437,196,620 | 144.08x |
| HNIs (2-10L) | 1,517,190 | 147,948,052 | 97.51x |
| RETAIL | 10,620,327 | 231,310,968 | 21.78x |
| Total | 25,792,224 | 2,572,923,654 | 93.58x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 108,371 | 2,058,325 | 18.99x |
| HNIs(10L +) | 2,212 | 65,892 | 29.79x |
| HNIs (2-10L) | 1,106 | 105,327 | 95.23x |
| Total Applications | 111,689 | 2,229,544 | 19.96x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
GK Energy Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹464.26 Crores. The shares are offered at a price band of ₹145 to ₹153 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 98 shares (approx. ₹14,994 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Ltd (MUFG). Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-09-26, while un-allotted funds or UPI block mandates will be released on 2025-09-25.
The latest Grey Market Premium (GMP) for GK Energy Limited IPO is ₹20 per equity share. Based on the upper price band of ₹145 to ₹153 per equity share, the estimated listing price is ₹173 (+13.1% expected listing gain).
With a lot size of 98 shares and current GMP of ₹20, the expected profit per application lot is approx ₹1,960 (+13.1% gain). Minimum application cost is approx ₹14,994.
The GK Energy Limited IPO aggregate issue size is ₹464.26 Crores with an equity price band set at ₹145 to ₹153 per equity share. The retail lot size is 98 shares requiring a minimum capital outlay of approx. ₹14,994.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 93.58x (Retail: 21.78x, QIB: 193.01x, NII: 128.56x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd (MUFG)) and the BSE status verification website on or around 2025-09-24. Investors can verify status using PAN card or application number.
GK Energy Limited shares are scheduled to list on NSE and BSE on 2025-09-26.