GK Energy IPO Details


Introduction
GK Energy Limited is energizing the Indian IPO scene with a promise of growth—both for the country’s farmers and for forward-looking investors. As the nation’s leading pure-play provider of solar-powered agricultural water pumps, the company’s ₹464 crore IPO rides on the back of flagship government schemes, an expanding order book, and robust financials. If you’re curious about renewable investing (or just want more sunshine in your portfolio), this offering deserves a closer look.
GK Energy IPO: Key Details
- Subscription Dates: September 19–23, 2025
- Issue Size: ₹464.26 crore (2.61 crore fresh shares + 0.42 crore OFS)
- Price Band: ₹145–₹153 per share
- Lot Size: 98 shares (minimum ₹14,994 per lot)
- Tentative Listing Date: September 26, 2025 (BSE & NSE)
- Lead Managers: IIFL Capital Services, HDFC Bank
- Registrar: MUFG Intime India Private Limited
Company Financials
Period Ended |
31 Mar 2025 |
Assets |
583.62 |
Total Income |
1,099.18 |
Profit After Tax |
133.21 |
EBITDA |
199.69 |
NET Worth |
209.09 |
Reserves and Surplus |
175.07 |
Total Borrowing |
217.79 |
Amount in ₹ Crore |
What Does GK Energy Do?
GK Energy specializes in engineering, procurement, and commissioning (EPC) of solar-powered pumps for agriculture—making it easier and cheaper for farmers to irrigate their fields. The company is a top vendor for the government’s PM-KUSUM scheme, which subsidizes solar pumps in Maharashtra, Haryana, Rajasthan, and Uttar Pradesh.
Their model: source components, manage installations, and offer ongoing maintenance, letting GK focus on growth rather than factories. With more than 42,778 installations and an 8.5% market share, GK is a recognized leader in solar solutions for sustainable agriculture.
IPO Objectives
- Working Capital: The bulk of proceeds go to supporting ongoing business and future expansion.
- General Corporate Purposes: Funding further growth and building operational backbone.
- Expansion: Scaling installations and possibly expanding into new states and services.
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Why Market Watchers Are Excited
Growth in revenue, profit, and order book points to strong sector demand and execution. Plus, India's ongoing push for green solutions in agriculture benefits companies like GK Energy—especially those with clear government backing.
How To Apply for the IPO Online?
- Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of the IPO?
Steps to check IPO allotment status on JM Pro app:
- Log in to the JM Pro app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- JM Financial Services will notify you of your IPO allotment status via push notification and email.
Final Thought:
GK Energy’s IPO is not just a fundraiser—it promises growth for the company and a step forward in India’s agricultural sustainability story. With sector-watching guidance from firms like JM Financial, investors can balance growth optimism with thoughtful risk assessment. Green investing starts right here.
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