GK Energy IPO: GMP, Price, Key Dates & Financial Performance
- Krishna Priya
- Sep 16
- 2 min read
The company has set a price band of ₹145–₹153 per share, and retail investors can apply for a minimum of 98 shares, requiring an investment of ₹14,994 at the upper end.
IPO Snapshots
Detail | Information |
Total Issue Size | ₹464.26 Cr (3,03,43,790 shares) |
Fresh Issue | ₹400.00 Cr (2,61,43,790 shares) |
Offer for Sale | ₹64.26 Cr (42,00,000 shares) |
Price Band | ₹145 – ₹153 per share |
Lot Size | 98 shares |
Face Value | ₹2 per share |
Minimum Investment | ₹14,994 (at upper band) |
Listing | NSE & BSE |
IPO Opens | September 19, 2025 |
IPO Closes | September 23, 2025 |
Incorporated in 2008, GK Energy Ltd. provides engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems under the Government’s PM-KUSUM Scheme. The company offers farmers a single-source solution covering survey, design, supply, assembly, installation, and maintenance of solar-powered pumps. Operating an asset-light model, GK Energy sources panels and pumps from specialized vendors. As of November 30, 2024, it leased 13 warehouses across three states and employed 60 people.
Financial Performance
Period Ended | Revenue (₹ Cr) | Profit After Tax (PAT) (₹ Cr) |
31 Mar 2025 | 1,094.82 | 133.20 |
31 Mar 2024 | 411.09 | 36.09 |
31 Mar 2023 | 285.03 | 10.08 |
Grey Market Premium (GMP): As of now, the Grey Market Premium (GMP) for GK Energy IPO has not started yet.
Peer Comparison
Company Name | CMP (₹) | Market Cap (₹ Cr) | P/E | Sales (₹ Cr) | OPM % | PAT 12M (₹ Cr) |
GK Energy | — | — | — | 1,094.82 | — | 133.20 |
Shakti Pumps | 886.90 | 10,949.10 | 26.54 | 2,571.18 | 23.75 | 412.53 |
Oswal Pumps | 783.90 | 8,925.46 | 31.81 | 1,430.31 | 29.35 | 280.61 |
Use of Proceeds
GK Energy Ltd. plans to utilize the IPO proceeds primarily to fund its long-term working capital requirements, with an allocation of around ₹322.46 crore, while the remaining funds will be directed towards general corporate purposes to support the company’s overall business operations and strategic initiatives.
Disclaimer: This content is for educational purposes only; please conduct your own research and consult a qualified investment advisor before making investment decisions.
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