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BTCC / BTCC Square / Global Cryptocurrency /
GK Energy IPO Opens with ₹145-153 Price Band Amid Strong Institutional Interest

GK Energy IPO Opens with ₹145-153 Price Band Amid Strong Institutional Interest

Author:
Global Cryptocurrency
Published:
2025-09-19 07:24:02
13
1
BTCCSquare news:

GK Energy's ₹465-crore IPO commenced today, offering shares in a ₹145-153 price band through September 23. The solar pump EPC specialist allocated 35% to retail investors, 50% to QIBs, and 15% to HNIs, with anchor investors including HSBC MF and Societe Generale already committing ₹139 crore.

The Pune-based firm plans to deploy 70% of fresh issue proceeds toward working capital, capitalizing on India's PM-KUSUM solar agriculture initiative. As a market leader in solar-powered irrigation systems, GK Energy's listing could signal growing institutional confidence in renewable energy infrastructure plays.

|Square

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