| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹464.26 Cr |
| Fresh Issue | ₹400.00 Cr |
| Offer for Sale | ₹64.26 Cr |
| Face Value | โน2 Per Equity Share |
| Price Band | โน145.00-153.00 per share |
| BSE Code | 544525 |
| NSE Code | GKENERGY |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | IIFL Capital Services Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 98 shares and in multiples thereof
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 Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan scheme (the “PM-KUSUM Scheme”) as measured by the number of solar-powered pump systems installed under the PMKUSUM Scheme in the period from January 1, 2022 to July 31, 2025.
The company offer farmers an end-to-end single-source solution for the survey, design, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems.
GK Energy currently operate an asset-light business model. The company sources solar panels, pumps and various other components of solar-powered pump systems under the “GK Energy” brand from different specialised vendors.
As of November 30, 2024, The company has 12 warehouses in three states as at August 30, 2025, and a localised workforce of 90 employees and 709 workmen as at March 31, 2025, which enable us to efficiently operate across broad geographic areas in five states.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding our long term working capital requirements | 322.46 |
| 2 | General corporate purposes | 46.49 |
| 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 | |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 63.71% |
| ROCE | 55.65% |
| Debt / Equity | 0.74% |
| RoNW | 63.71% |
| PAT Margin | 12.12% |
| EBITDA Margin | 18.24% |
| Price to Book Value | 12.39 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 7.54 | 6.57 |
| P/E (x) | 20.29 | 23.3 |
| Promoter Holding | 93.29% | 78.64% |
| Market Cap | โน3103.10 Cr. | |