GK Energy IPO Lists at A Premium of 12% At ₹171

New Delhi, Sep 26, 2025: The shares of GK Energy Limited made a strong debut on NSE today, on September 26. The shares listed at ₹171 per share, with a 12% premium over their issue price of ₹153. As of 11:30 AM, the shares are still witnessing strong investor demand. They are up by 11.44%, or 17.51 points, and are currently trading at ₹170.51. Until now, the shares have made a high of ₹174.70 and a low of ₹165. The traded volume stands at 2.38 crore shares, with a market cap of ₹3,413.41 crore.

GK Energy Limited is an Indian company engaged in providing engineering, procurement, and construction (EPC) services for solar-powered agricultural water pump systems. The company is headquartered in Pune, Maharashtra. Its NSE ticker symbol is GKENERGY and BSE code is 544525.

GK Energy IPO Was Oversubscription 89.62 Times

GK Energy IPO received strong demand across investor categories. It was subscribed by a total of 89.62 times, led by QIBs at 186.29 times. QIBs were followed by NIIs at 122.73 times, and retail investors at 20.79 times.

GK Energy IPO Raised ₹139.28 Crore From Anchor Investors

Ahead of the IPO, the company raised ₹139.28 crore from anchor investors by allocating them 90,03,136 shares at ₹153 per share. Key investors included Pinebridge India, 360 ONE Flexicap, HSBC Flexi Cap, Motilal Oswal Large Cap, Bandhan Small Cap, Edelweiss funds, along with international companies like Citigroup Global Markets Mauritius and Société Générale.

GK Energy IPO Issue Size of ₹464.26 Crore

The issue size for the IPO was ₹464.26 crore, including a fresh issue of 2.61 crore shares amounting to ₹400.00 crores and an offer for sale of 0.42 crore shares amounting to ₹64.26 crores. The issue price was fixed at ₹153 per share, with the lot size of 98 shares. The minimum investment amount by a retail investor at the upper price band was ₹14,994. The IPO opened on September 19 and closed on September 23. IIFL Capital Services Ltd. was the book running lead manager while MUFG Intime India Pvt.Ltd. was the registrar of the issue.

The proceeds from the IPO will be used to meet working capital requirements and to fund expansion into newer geographies, strengthening its presence in India’s renewable energy sector.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations