GK Energy Limited IPO
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.
Price Band₹145 - ₹153 |
Dates19 Sep - 23 Sep |
GMP₹35 (22.88%) |
Subscriptions89.62 times |
Issue Size₹464.26 Crs |
GK Energy IPO Key Dates
Opening Date
19 Sep 25
Closing Date
23 Sep 25
Basis Of Allotment
24 Sep 25
Initiations Of Refund
25 Sep 25
Credit Of Shares
25 Sep 25
Listing Date
26 Sep 25
GK Energy IPO Objects
- Funding our long-term working capital requirements
- General corporate purposes
GK Energy IPO Details
Price Band₹145 - ₹153 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹400.00 Cr (2.61 Cr Shares) |
Offer For Sale₹64.26 Cr (0.42 Cr Shares) |
Total Issue₹464.26 Cr (3.03 Cr Shares) |
Face Value₹2 per equity share |
GK Energy IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
98
14,994
Maximum
13
1,274
1,94,922
|
|||
| Small HNI |
Minimum
14
1,372
2,09,916
Maximum
66
6,468
9,89,604
|
|||
| Big HNI |
Minimum
67
6,566
10,04,598
|
|||
GK Energy IPO Subscription
Updated as on 23-Sep-2025 19:00:00
| Investor Category | Subscription (times) | Shares Offered | Shared Bid |
|---|---|---|---|
| QIB | 186.29 | 62,87,724 | 1,17,13,23,342 |
| NII | 122.73 | 47,67,931 | 58,51,44,672 |
| bNII (bids above ₹10L) | 137.54 | 31,78,621 | 43,71,96,620 |
| sNII (bids between ₹2L to ₹10L) | 93.09 | 15,89,310 | 14,79,48,052 |
| Retail | 20.79 | 1,11,25,173 | 23,13,10,968 |
| Total | 89.62 | 2,21,80,828 | 1,98,77,78,982 |
GK Energy IPO GMP
The estimated Grey Market Premium of GK Energy IPO is ₹35 per share (22.88%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | NA |
| Shareholder | NA |
GK Energy IPO Financials
| 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 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | Values |
|---|---|
| EBITDA | 18.24% |
| PAT | 12.12% |
| ROE | 63.71% |
| ROCE | 55.65% |
| Debt to Equity | 0.74 |
| PE Ratio | 19.47 |
| PB Ratio | 12.39 |
| Mkt Cap (in Crs.) | 3,103.10 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
GK Energy IPO Peer Comparision
| 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
GK Energy IPO Peer Comparision
| Particulars | GK Energy |
|---|---|
| Revenue from Ops (in Crs.) | 1,094.83 |
| PAT (In Crs.) | 133.21 |
| EPS - Basic | 7.86 |
| NAV per share | 12.35 |
| RONW | 63.71% |
| EBITDA | 18.24% |
| PAT Margin | 12.12% |
| Price to earning (PE) | 19.47 |
| Debt to Equity | 0.74 |
| Shakti Pumps | Oswal Pumps |
|---|---|
| 2,516.20 | 1,430.30 |
| 36.09 | 10.08 |
| 33.97 | 28.21 |
| 96.59 | 44.56 |
| 35.20% | 93.00% |
| 13.09% | 6.03% |
| 8.75% | 3.53% |
| 24.11 | 29.00 |
| 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
Promoter Details
| Name | Shareholding |
|---|---|
| Gopal Kabra | 89.71% |
| Mehul Shah | 3.57% |
| Other Promoter | 0.01% |
| Total | 93.29% |
Management Details
| Name | Designation |
|---|---|
| Gopal Kabra | Chairman, MD & CEO |
| Sunil Malu | CFO |
| Mehul Ajit Shah | COO |
Company Details
Name: GK Energy Limited
Address: Office No. 802, CTS No. 97-A-1/57/2, Suyog Center, Pune- 411037, Maharashtra, India.
Number: +91 9422186842
Email: investors@gkenergy.in
Website: www.gkenergy.in
Book Running Lead Managers (BRLMs)
RTAs
MUFG Intime India
Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
GK Energy IPO is a Mainboard IPO having an issue size of Rs. ₹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.
GK Energy IPO opens on 19 Sep 25 and closes on 23 Sep 25.
The estimated Grey Market Premium of GK Energy IPO is ₹35 per share (22.88%).
The minimum lot size of GK Energy IPO is 98 shares & the minimum application amount is Rs. 14994.
The allotment date of GK Energy IPO is 24 Sep 25.
The listing date of GK Energy IPO is 26 Sep 25.
GK Energy IPO is subscribed 89.62 times.
GK Energy IPO is priced at ₹145 - ₹153 per share.
Click the allotment link on GK Energy IPO page of IPO360.
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