GK Energy's IPO will open on September 19, 2025, and close on September 23, 2025. GK Energy's IPO is a book-built issue. The company will raise approximately ₹464.26 crore through the IPO, consisting of a fresh issue of shares worth ₹400 crore and 42,00,000 equity shares with a face value of ₹2.
The price band for GK Energy's IPO is ₹145 to ₹153 per share. Retail share is 35%, QIB 50%, and HNI 15%. GK Energy's IPO will be listed on the BSE and NSE on September 26, 2025. The allotment for the GK Energy IPO will take place on September 24, 2025.
The company projects revenue of ₹412.31 crore in 2024, compared to ₹285.45 crore in 2023. The company projects a profit of ₹36.09 crore in 2024, compared to a profit of ₹10.08 crore in 2023. Based on the financials, IPO investors should invest in the IPO for the long term.
GK Energy IPO Details
| IPO Open Date | September 19, 2025 |
| IPO Close Date | September 23, 2025 |
| Face Value | ₹2 Per Equity Share |
| IPO Price Band | ₹145 to ₹153 Per Share |
| Issue Size | Approx ₹464.26 Crores |
| Fresh Issue | Approx ₹400.00 Crores |
| Offer for Sale: | Approx 42,00,000 Equity Shares |
| Issue Type | Book Built Issue |
| IPO Listing | BSE, NSE |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
GK Energy IPO Market Lot
The GK Energy IPO minimum market lot is 98 shares with ₹14,994 application amount. The retail investors can apply up-to 13 lots with 1,274 shares of ₹1,94,922 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 98 | ₹14,994 |
| Retail Maximum | 13 | 1,274 | ₹1,94,922 |
| S-HNI Minimum | 14 | 1,372 | ₹2,09,916 |
| S-HNI Maximum | 66 | 6,468 | ₹9,89,604 |
| B-HNI Minimum | 67 | 6,566 | ₹10,04,598 |
IPO Reservation
| Investor Category | Share Offered | % Shares |
| Anchor Investor | – Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII Shares Offered | – Shares | 15% |
| Retail Shares Offered | – Shares | 35% |
GK Energy IPO Anchor Investors
| Anchor Bidding Date | September 18, 2025 |
| Anchor Investors List | |
| Shares Offered | – Shares |
| Anchor Size | – Cr. |
| lock-in period end date 50% shares (30 Days) | October 24, 2025 |
| lock-in period end date 50% shares (90 Days) | December 23, 2025 |
GK Energy IPO Dates
The GK Energy IPO date is September 19 and the close date is September 23. The GK Energy IPO allotment will be finalized on September 24 and the IPO listing on September 26.
| IPO Open Date: | September 19, 2025 |
| IPO Close Date: | September 23, 2025 |
| Basis of Allotment: | September 24, 2025 |
| Refunds: | September 25, 2025 |
| Credit to Demat Account: | September 25, 2025 |
| IPO Listing Date: | September 26, 2025 |
| IPO Bidding Cut-off Time: | September 23, 2025 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Gopal Rajaram Kabra and Mehul Ajit Shah.
| Particular | Shares | % Share |
| Promoter Holding Pre Issue | 17,01,37,529 | 93.29% |
| Promoter Holding Post Issue | 19,62,81,319 | 78.64% |
Objects of the Issue & Utilisation of proceeds
| Purpose | Crores | % |
| Funding our long term working capital requirements | 422.46 | -% |
| General Corporate Purpose | – | -% |
GK Energy IPO Company Financial Report
The company reported revenue of ₹412.31 crores in 2024 against ₹285.45 crores in 2023. The company reported profit of ₹36.09 crores in 2024 against profit of ₹10.08 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | PAT | Assets |
| 2022 | ₹70.63 | ₹68.53 | ₹1.56 | ₹69.82 |
| 2023 | ₹285.45 | ₹271.98 | ₹10.08 | ₹142.82 |
| 2024 | ₹412.31 | ₹364.04 | ₹36.09 | ₹214.08 |
| September 2024 | ₹423.63 | ₹352.93 | ₹51.08 | ₹447.31 |
GK Energy IPO Valuation – FY2024
Check GK Energy IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| KPI | Values |
| ROE: | 64.49% |
| ROCE: | 50.10% |
| EBITDA Margin: | 13.09% |
| PAT Margin: | 8.75% |
| Debt to equity ratio: | 0.94 |
| Earning Per Share (EPS): | ₹2.14 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 64.49% |
| Net Asset Value (NAV): | ₹3.31 |
About GK Energy Limited
Established 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 Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan Yojana ("PM-KUSUM Yojana"), which is calculated based on the number of solar-powered pump systems installed under the PMKUSUM scheme during the period from January 1, 2022, to July 31, 2025.
The company provides farmers with a complete single-source solution for survey, design, supply, assembly and installation, testing, commissioning, and maintenance of solar-powered pump systems.
GK Energy currently operates an asset-light business model. The company sources solar panels, pumps, and various other components of solar-powered pump systems from various specialized vendors under the "GK Energy" brand.
As of November 30, 2024, the Company has 12 warehouses across three states, and as of August 30, 2025, the Company has a local workforce of 90 employees and 709 workers, enabling us to operate efficiently across a wide geographical area in five states.