GK Energy IPO Opens Today: Price Band Set at ₹145-153 Per Share - Don’t Miss This Power Play!
GK Energy charges into public markets today—priced to move between ₹145 and ₹153 per share.
Powering Up
Investors get their first shot at the energy player's stock, with the price range suggesting strong initial demand. The offering's structure aims to capture both retail enthusiasm and institutional depth.
Market Mechanics
Pricing sits squarely in the sweet spot for attracting broad participation—not too steep to scare off small players, not too cheap to undervalue the launch. Typical IPO gamesmanship, but the numbers don't lie.
Energy Sector Play
This isn't just another listing—it's a bet on infrastructure and growth in a sector that's always hungry for capital. Because nothing says 'stable returns' like traditional energy meets public markets.
Final Charge
Get in early or watch from the sidelines—another 'sure thing' hits the boards, because what's finance without a little theatrical risk?
Also read
Saatvik Green Energy IPO opens today at ₹442-465 a share
Ahead of the issue, it has collected over Rs 139 crore from anchor investors, such as HSBC Mutual Fund (MF), Citigroup Global Markets Mauritius, Motilal Oswal MF, Bandhan MF, Pinebridge Global Funds and Societe Generale.
The company has allotted 91.03 lakh equity shares to 13 funds at Rs 153 apiece.
Proceeds from the fresh issue to the extent of Rs 322.5 crore will be utilised for funding the company’s long-term working capital requirements, and the balance for general corporate purposes.
EPC solar pumps under PM-KUSUM; strong growth outlook
GK Energy Ltd is one of India’s largest pure play providers of engineering, procurement, and commissioning (EPC) services for solar-powered agricultural water pump systems. These systems, also known as solar-powered pump systems, are offered under Component B of the Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) scheme. It is measured by the number of solar-powered pump systems installed under the PM-KUSUM scheme between January 1, 2022, and December 3, 2024, as per the CRISIL Report mentioned in the DRHP.
IIFL Capital Services and HDFC Bank are the book-running lead managers to the offer.
According to AngelOne, at the upper price band of ₹153, GK Energy Ltd is attractively valued, trading at a post-IPO P/E of 23.3x, lower than its industry peers. The company has demonstrated strong financial performance, with significant revenue and PAT growth in FY 2024. Its robust order book and presence in the growing renewable energy sector further support its growth prospects. Considering these factors, the stock merits a “Subscribe” recommendation.
Published on September 19, 2025
