Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
GK Energy IPO
Price Band
₹145.0–153.0
Issue Size
₹464.26 Cr
Lot Size
98 shares
Min Investment
₹14,994
GMP
+₹18.0 (11.76%)
Issue Price
₹153.0
Subject to Sauda
₹1300
Paid only if allotted
GK Energy IPO AI Summary
- GK Energy IPO is listed on BSE, NSE in the Civil Construction sector.
- Price band: ₹145.0–₹153.0 per share, lot size 98 shares (min. investment ₹14,994).
- Subscription window: 19 Sep–23 Sep 2025, listing on 26 Sep 2025.
- Current GMP is +₹18.0 (11.76%), an estimated listing price of ₹171 — unofficial and can change daily.
TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.
GK Energy IPO — Third-Party Research Views
Reviews below reflect analyst calls made before this IPO closed on 23 Sep 2025 — not a current signal.
2 of 2 reviewers say Neutral
Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.
Important Dates
Subscription Status
Subscription data unavailable
GK Energy IPO Grey Market Premium (GMP) Today
GMP
+₹18.0
GMP %
+11.76%
Est. Listing
₹171.0
Updated: 25 Jul 2026 14:12
About the Company
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.
Company Financials (₹ Cr)
As of 2025-03-31
| 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 |
Key Ratios
EPS
₹7.54
NAV
₹12.35
ROE
63.71%
ROCE
55.65%
RoNW
63.71%
P/B Value
12.39
P/E Ratio
20.29
Market Cap
₹3103.10 Cr
PAT Margin
12.12%
Debt/Equity
0.74
Peer Comparison
| Company | NAV | RoNW | P/E (x) | EPS Basic | EPS Diluted |
|---|---|---|---|---|---|
| Oswal Pumps Limited | 44.56 | 93% | 29 | 28.21 | 28.18 |
| Shakti Pumps (india) Ltd. | 96.59 | 35.2% | 24.11 | 33.97 | 33.97 |
| GK Energy Limited This IPO | 12.35 | 63.71% | — | 7.86 | 7.86 |
Promoters
Gopal Rajaram Kabra and Mehul Ajit Shah
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Funding long-term working capital requirements 322.46 2 General Corporate Purposes 46.49 3 Issue Expenses 36.04 Total 404.99
IPO Evaluation
Generated 23 Sep 2026Revenue Trend
For the period ending March 31, 2025, GK Energy reported total income of ₹1,099.18 Cr.
Profit Trend
For the same period, the company achieved a profit after tax of ₹133.21 Cr.
Valuation
Priced at a P/E ratio of 20.29, GK Energy's implied P/E at the issue price is roughly 20.29 trailing earnings, compared to peers trading at P/E ratios of 24.11 to 29.
Grey Market Premium, Explained
The grey market premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the demand and supply dynamics of the shares before they officially list on the stock exchange. A positive GMP indicates that the shares are expected to list at a higher price than the issue price, while a negative GMP suggests the opposite.
Who This IPO Suits
Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against the company's growth potential, market position, and financial health. It's essential to consider how the company's business model aligns with broader industry trends.
Who May Want to Wait
Investors who prefer stable, established companies with predictable earnings may want to avoid this IPO, as it involves exposure to the risks associated with a growing company in a competitive sector.
Listing Gains — The Risk
Listing-day gains can be unpredictable. While some IPOs may experience a surge in price due to high demand, others may not perform as well. Factors influencing this include market conditions, investor sentiment, and the company's fundamentals.
This evaluation is generated from GK Energy's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.
Frequently Asked Questions
What is GK Energy IPO GMP today?
GK Energy IPO GMP today is +₹18.0 (11.76%), indicating an estimated listing price of ₹171. GMP is an unofficial grey-market indicator and can change daily.
What is the price band of GK Energy IPO?
The price band of GK Energy IPO is ₹145.0–₹153.0 per share.
When does GK Energy IPO open and close?
GK Energy IPO opens on 19 September 2025 and closes on 23 September 2025.
When does GK Energy IPO list on the stock exchange?
GK Energy IPO listed on 26 September 2025 at ₹171.0.
What is the lot size for GK Energy IPO?
The lot size for GK Energy IPO is 98 shares, requiring a minimum investment of ₹14,994.
What is the price band for the GK Energy IPO?
The price band for the GK Energy IPO is ₹145.0 to ₹153.0.
What is the minimum investment required?
The minimum investment required is ₹14,994.0.
When does the GK Energy IPO open and close?
The IPO opens on September 19, 2025, and closes on September 23, 2025.
What is the lot size for the GK Energy IPO?
The lot size for the GK Energy IPO is 98 shares.
What does GMP mean?
GMP stands for grey market premium, which indicates the expected listing price of the IPO based on demand and supply in the unofficial market.
Issue Details
Investor Allocation
Registrar
Lead Managers / Book Running
IPO Timeline
Open
19 Sep 2025
Close
23 Sep 2025
Allotment
24 Sep 2025
Listing
26 Sep 2025
Similar IPOs in Civil Construction
Plan Your IPO Investment
Related Articles
Community Sentiment
What are other investors planning for GK Energy?
No votes yet — be the first to share your view.
Sign in to voteDiscussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.