GK Energy IPO is a book-built issue IPO, aiming to raise ₹464.26 crore. It comprises a fresh issue of 2.61 crore equity shares aggregating to ₹400.00 crore and an offer for sale of 0.42 crore equity shares amounting to ₹64.26 crore. The bidding window was open from September 19, 2025, to September 23, 2025, with the IPO allotment to be finalised on September 24, 2025. GK Energy is scheduled to list on BSE and NSE on September 26, 2025.
The IPO was priced at ₹145-₹153 per share with a lot size of 98 shares. The public issue received bids for 1,98,77,63,792 shares against 2,12,40,655 shares available, resulting in an overall subscription of 93.58 times. QIBs led the response, subscribing 193.01 times their quota, followed by NIIs at 128.56 times and retail investors at 21.78 times.
GK Energy’s ₹464.26 crore IPO, priced at ₹145-₹153 per share, was subscribed 93.58 times overall. The IPO is a fresh issue of 2.61 crore equity shares aggregating to ₹400.00 crore and an offer for sale of 0.42 crore equity shares amounting to ₹64.26 crore.
Bidding took place from September 19 to September 23, 2025, with the GK Energy IPO allotment status on September 24, 2025. Retail investors subscribed 21.78 times, NIIs 128.56 times, and QIBs 193.01 times. Listing is expected on September 26, 2025.
The table below breaks down the GK Energy share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| QIB Shares Offered | 1,51,71,895 (50.00%) |
| − Anchor Investor Shares Offered | 91,03,136 (30.00%) |
| − QIB (Ex. Anchor) Shares Offered | 60,68,759 (20.00%) |
| NII (HNI) Shares Offered | 45,51,569 (15.00%) |
| − bNII > ₹10L | 30,34,379 (10.00%) |
| − sNII < ₹10L | 15,17,190 (5.00%) |
| Retail Shares Offered | 1,06,20,327 (35.00%) |
| Total Shares Offered | 3,03,43,791 (100.00%) |
Data Source: NSE
| Category | Subscription (times) |
| Qualified Institutional Buyers | 193.01 |
| Non-Institutional Investors | 128.56 |
| Retail Individual Investors | 21.78 |
| Total shares | 93.58 |
Note: The subscription details are as of September 23, 2025
GK Energy Limited was incorporated in 2008 and operates as an EPC (engineering, procurement, and commissioning) service provider for solar-powered agricultural water pump systems under Component B of the Government of India’s PM-KUSUM scheme. The company delivers a full-service solution to farmers, covering survey, design, supply, installation, testing, commissioning, and maintenance of solar pump systems.
The business runs on an asset-light model, sourcing solar panels, pumps, and other components under its “GK Energy” brand from specialised vendors. This allows the company to stay flexible and efficient while catering to large-scale solar pump projects.
As of August 30, 2025, GK Energy had 12 warehouses in three states and a workforce comprising 90 employees and 709 workmen, enabling it to serve farmers across five states. The company’s infrastructure and trained workforce strengthen its ability to deliver projects in geographically diverse areas.
Financially, GK Energy reported total income of ₹1,099.18 crore and a profit after tax of ₹133.21 crore for the year ending March 31, 2025. Its strong order book, worth over ₹1,028 crore as of August 15, 2025, underscores its growing presence in the renewable energy EPC sector.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 23, 2025, 9:46 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
