GK Energy Share Price Surge 13% on Listing Day

GK Energy IPO opened for subscription on September 19, 2025, and closed on September 23, 2025. 

It was a book build issue of ₹464.26 crores. The issue is a combination of fresh issue of 2.61 crore shares aggregating to ₹400.00 crores and offer for sale of 0.42 crore shares aggregating to ₹64.26 crores. The GK Energy IPO price band was set at ₹153 per share. 

The GK Energy IPO was subscribed 93.58 times overall. By September 23, 2025 (Day 3), the public issue had received 21.78 times subscription from retail investors, 193.01 times from QIB (excluding anchor investors), and 128.56 times from the NII category.

The share allotment was finalised on Sep 24, 2025, and the shares were listed on BSE and NSE on Friday, Sep 26, 2025.

GK Energy Share Price

On the listing day, on the NSE, GK Energy share price (NSE: GKENERGY) opened at ₹171.00, up from its issue price of ₹153.00. At 10:36 AM, the share price was trading at ₹173.81, up by 13.28% from its issue price and up by 1.63% from its opening price. As of the same time, the stock touched its day’s high at ₹174.70. The company’s market cap was ₹3,515.23 crore. 

On the BSE, at 10:37 AM, GK Energy share price was trading at ₹173.75, up by 5.30% from its opening price of ₹165.00 and 13.56% up from its issue price of ₹153.00.

About GK Energy Limited

Incorporated in 2008, GK Energy Limited provides engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems under Component B of the Central Government’s PM-KUSUM Scheme, as measured by the number of systems installed between January 1, 2022, and July 31, 2025.

The company offers farmers a comprehensive, single-source solution covering survey, design, supply, assembly, installation, testing, commissioning, and maintenance of solar-powered pump systems.

GK Energy operates an asset-light business model, sourcing solar panels, pumps, and other system components under the “GK Energy” brand from specialised vendors.

As of November 30, 2024, the company had 12 warehouses across three states, and as of March 31, 2025, a localised workforce of 90 employees and 709 workmen, enabling efficient operations across five states.

Also Read: Upcoming IPOs in September 2025!

Conclusion

GK Energy’s strong listing reflects robust investor confidence and demand for its IPO. The stock’s positive debut underscores market optimism in the solar EPC sector.

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