GK Energy Limited IPO

GK Energy Limited IPO

Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹145 - ₹153

Total Issue

₹464.26 Cr

Bid Dates

19 Sep - 23 Sep

Subscription

89.62x

Est. GMP

₹35 (22.88%)

Website RHP Check Allotment

GK Energy IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Saatvik Green Energy Limited is a pure-play engineering, procurement, and commissioning (EPC) provider of solar-powered agricultural water pump systems. Its operations include direct-to-beneficiary sales and other sales. Direct sales involve providing GK Energy branded solar pump systems to farmers through state-appointed agencies under the PM-KUSUM scheme and similar initiatives, as well as supplying solar dual pump systems to local government bodies. Other sales are made through direct orders from customers. The company supports farmers by offering efficient, cost-effective, and sustainable irrigation solutions as an alternative to diesel or grid-connected pumps.

GK Energy IPO Lot Size

Lot Information for GK Energy IPO
Category Lots Shares Amount
Retail (Min) 1 98 ₹14,994
Retail (Max) 13 1,274 ₹1,94,922
S-HNI (Min) 14 1,372 ₹2,09,916
S-HNI (Max) 66 6,468 ₹9,89,604
B-HNI (Min) 67 6,566 ₹10,04,598

Category Reservation

QIB 50%
NII 15%
Ret 35%
Employee
NA
Shareholder
NA

GK Energy IPO Size

Total ₹464.26 Cr
Fresh Issue
₹400.00 Cr (2.61 Cr Shares)
Offer For Sale
₹64.26 Cr (0.42 Cr Shares)

Objects of Issue

  1. Funding our long-term working capital requirements
  2. General corporate purposes

GK Energy IPO Live Subscription

Updated as on 23-Sep-2025 19:00:00

Mainboard Subscription Status for GK Energy IPO
Category Sub (x) Offered Bids
QIB 193.01 60,68,759 1,17,13,23,342
NII 128.56 45,51,569 58,51,44,672
bHNI 144.08 30,34,379 43,71,96,620
sHNI 97.51 15,17,190 14,79,48,052
Retail 21.78 1,06,20,327 23,13,10,968
Total 93.58 2,12,40,655 1,98,77,78,982

GK Energy IPO GMP

GMP ₹35
Est. Price ₹188
Est. Gain 22.88%

Peer Comparison

(Rs. in crores)

GK Energy IPO Peer Comparison Table
Particulars GK Energy Shakti Pumps Oswal Pumps
Revenue from Ops (in Crs.) 1,094.83 2,516.20 1,430.30
PAT (In Crs.) 133.21 36.09 10.08
EPS - Basic 7.86 33.97 28.21
NAV per share 12.35 96.59 44.56
RONW 63.71% 35.20% 93.00%
EBITDA 18.24% 13.09% 6.03%
PAT Margin 12.12% 8.75% 3.53%
Price to earning (PE) 19.47 24.11 29.00
Debt to Equity 0.74 0.94 1.93
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of September 8, 2025 for Peers

Financials

(Rs. in crores)

Financial Performance Metrics for GK Energy IPO
Particulars Mar-25 Mar-24 Mar-23 Mar-22
Revenue from Operations 1,094.83 411.09 285.03 70.44
Profit after Tax 133.21 36.09 10.08 1.56
Net Worth 209.09 55.96 19.87 9.12
Total Borrowing 217.79 62.29 42.61 24.38
Total Assets 583.62 214.08 142.82 69.82
NAV per share (in ₹) 12.35 3.31 1.18 0.70
EPS - Basic (in ₹) 7.86 2.14 0.66 0.12

KPIs

EBITDA

18.24%

PAT

12.12%

ROE

63.71%

ROCE

55.65%

Debt to Equity

0.74

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

93.29%

Public

6.71%

Gopal Kabra 89.71%
Mehul Shah 3.57%
Other Promoter 0.01%

Management

Gopal Kabra Chairman, MD & CEO
Sunil Malu CFO
Mehul Ajit Shah COO

Registrar & Lead Managers

Registrar

MUFG Intime India

MUFG Intime India

Frequently Asked Questions

What is GK Energy IPO?
GK Energy IPO is a Mainboard IPO having an issue size of ₹464.26 Crs. GK Energy IPO is priced at ₹145 - ₹153 per share. The issue opens on 19 Sep 25 and closes on 23 Sep 25.
When will GK Energy IPO open?
GK Energy IPO opens on 19 Sep 25 and closes on 23 Sep 25.
What is the GMP of GK Energy IPO?
The estimated Grey Market Premium of GK Energy IPO is ₹35 per share (22.88%).
What is the lot size of GK Energy IPO?
The minimum lot size of GK Energy IPO is 98 shares & the minimum application amount is Rs. 14994.
When is the allotment of GK Energy IPO?
The allotment date of GK Energy IPO is 24 Sep 25.
What is the listing date of GK Energy IPO?
The listing date of GK Energy IPO is 26 Sep 25.
What is the subscription of GK Energy IPO?
GK Energy IPO is subscribed 89.62 times.
What is the price band of GK Energy IPO?
GK Energy IPO is priced at ₹145 - ₹153 per share.
How to check allotment status of GK Energy IPO?
Click the allotment link on GK Energy IPO page of IPO360.
How to apply GK Energy IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply GK Energy IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply GK Energy IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select GK Energy IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date