{"id":5855,"date":"2025-09-22T05:38:15","date_gmt":"2025-09-22T05:38:15","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=5855"},"modified":"2025-09-22T05:54:42","modified_gmt":"2025-09-22T05:54:42","slug":"gk-energy-ltd-ipo-date-price-band-and-more","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/gk-energy-ltd-ipo-date-price-band-and-more\/","title":{"rendered":"GK Energy Ltd IPO &#8211; Date, Price band and more"},"content":{"rendered":"<h3>Introduction<\/h3>\n<p>As India accelerates its push toward renewable energy and sustainable agriculture, GK Energy Ltd\u2019s upcoming IPO could be particularly relevant for investors looking to tap into the solar-EPC space. With its focus on solar-powered agricultural water pump systems under national schemes like PM-KUSUM, the company sits at the intersection of policy support and expanding market demand. Below is a detailed look at what GK Energy brings to the table, its IPO details, business model, financials, strengths, and what to watch out for.<\/p>\n<p>IPO Details<\/p>\n<div class=\"relative overflow-x-auto shadow-md sm:rounded-lg\">\n<table class=\"w-full text-sm text-left rtl:text-right text-gray-500 dark:text-gray-400\">\n<thead class=\"text-xs text-gray-700 uppercase bg-gray-50 dark:bg-gray-700 dark:text-gray-400\">\n<tr>\n<td class=\"px-6 py-3\"><b>Detail<\/b><\/td>\n<td class=\"px-6 py-3\"><b>Information<\/b><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Opening Date<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">19 Sep 2025<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Closing Date<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">23 Sep 2025<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Price Band<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">\u20b9145 \u2013 \u20b9153 per share<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Issue Size<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">\u20b9464.26 Crore<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Lot Size<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">98 shares per lot<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Minimum Investment (Retail)<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">\u20b914,994 (at upper price band)<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Listing Exchanges<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">BSE &amp; NSE<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Expected Listing Date<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">26 September 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><span style=\"font-size: 8pt;\">Source: BSE | Chittorgarh<\/span><\/p>\n<h3>Business Overview<\/h3>\n<p>GK Energy is an EPC (Engineering, Procurement, and Construction) company with a strong focus on solar-powered agricultural water pump systems, operating under the PM-KUSUM scheme and similar state-led initiatives. Its business spans direct-to-beneficiary installations of GK Energy-branded solar pumps for farmers through state nodal agencies, as well as solar dual water pump systems with storage solutions for government bodies. Beyond agriculture, the company has diversified into rooftop solar projects, PV module and cell trading, and various government-backed water and solar infrastructure schemes. With a sizable order book of around \u20b91,0289.64 million, GK Energy enjoys healthy demand visibility and strong growth prospects.<\/p>\n<p><span style=\"font-size: 8pt;\">Source: RHP<\/span><\/p>\n<p>Financial Performance (Amount in \u20b9 Crore)<\/p>\n<div class=\"relative overflow-x-auto shadow-md sm:rounded-lg\">\n<table class=\"w-full text-sm text-left rtl:text-right text-gray-500 dark:text-gray-400\">\n<thead class=\"text-xs text-gray-700 uppercase bg-gray-50 dark:bg-gray-700 dark:text-gray-400\">\n<tr >\n<td class=\"px-6 py-3\"><b>Particulars<\/b><\/td>\n<td class=\"px-6 py-3\"><b>31 Mar 2025 (Consolidated)<\/b><\/td>\n<td class=\"px-6 py-3\"><b>31 Mar 2024 (Standalone)<\/b><\/td>\n<td class=\"px-6 py-3\"><b>31 Mar 2023 (Standalone)<\/b><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Assets<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">583.62<\/span><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">214.08<\/span><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">142.82<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Total Income<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">1099.18<\/span><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">412.31<\/span><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">285.45<\/span><\/td>\n<\/tr>\n<tr class=\"odd:bg-white odd:dark:bg-gray-900 even:bg-gray-50 even:dark:bg-gray-800 border-b dark:border-gray-700 border-gray-200\">\n<td class=\"px-6 py-3\"><b>Profit After Tax<\/b><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">133.21<\/span><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">36.09<\/span><\/td>\n<td class=\"px-6 py-3\"><span style=\"font-weight: 400;\">10.08<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><span style=\"font-size: 8pt;\">Source: RHP | Chittorgarh<\/span><\/p>\n<h3>Company\u2019s Strengths &amp; Weaknesses<\/h3>\n<p><strong>Strengths<\/strong><\/p>\n<ul>\n<li><strong>Policy-Driven Growth:<\/strong> Major EPC provider under PM-KUSUM scheme, with strong tailwinds from government-backed projects.<\/li>\n<li><strong>Robust Order Book:<\/strong> Large and diversified order book across multiple states ensures demand visibility.<\/li>\n<li><strong>Product &amp; Solution Diversity:<\/strong> Operations include solar pumps, dual pump systems with storage, rooftop solar projects, and PV module trading.<\/li>\n<li><strong>Proven Execution Capability:<\/strong> Established track record in delivering government EPC contracts strengthens competitive positioning.<\/li>\n<\/ul>\n<p><strong>Weaknesses<\/strong><\/p>\n<ul>\n<li><strong>Capital &amp; Working Capital Intensity:<\/strong> EPC projects involve high upfront capital, with delayed receivables creating strain on cash flow.<\/li>\n<li><strong>Policy Dependence:<\/strong> Business heavily reliant on government schemes; any change or delay in policy could impact revenues.<\/li>\n<li><strong>Client &amp; Geographic Concentration:<\/strong> Despite presence in different states, revenue is dependent on a few large contracts and nodal agencies.<\/li>\n<li><strong>Competition &amp; Technology Risks:<\/strong> Rapid changes in solar technology, fluctuating module costs, and stiff competition from other EPC players may pressure margins.<\/li>\n<\/ul>\n<h3>Key IPO Highlights<\/h3>\n<ul>\n<li>Fresh Issue (~\u20b9400 Cr) primarily for working capital and expansion.<\/li>\n<li>Offer for Sale (~\u20b964.26 Cr) providing partial exit to existing stakeholders.<\/li>\n<li>Profitable operations with an improving PAT trend.<\/li>\n<li>Attractive valuation compared to peers in the solar EPC segment.<\/li>\n<\/ul>\n<h3>Conclusion<\/h3>\n<p>GK Energy IPO represents a strong play in India\u2019s solar energy and agricultural infrastructure space. The company\u2019s large order book, scheme-backed growth, and diversified portfolio give it a promising outlook. However, policy dependence, execution challenges, and capital intensity remain key risks investors should weigh before participating.<\/p>\n<p><span style=\"font-size: 8pt;\">Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. Opening of account will not guarantee allotment of shares in IPO. Investors are requested to do their own due diligence before investing in any IPO. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant &#8211; IN &#8211; DP &#8211; 416 &#8211; 2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For complete Terms &amp; Conditions and Disclaimers visit: https:\/\/www.paytmmoney.com\/stocks\/policies\/terms. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction As India accelerates its push toward renewable energy and sustainable agriculture, GK Energy Ltd\u2019s upcoming IPO could be particularly relevant for investors looking to tap into the solar-EPC space. With its focus on solar-powered agricultural water pump systems under national schemes like PM-KUSUM, the company sits at the intersection of policy support and expanding<a href=\"https:\/\/www.paytmmoney.com\/blog\/gk-energy-ltd-ipo-date-price-band-and-more\/\">Continue reading <span class=\"sr-only\">&#8220;GK Energy Ltd IPO &#8211; Date, Price band and more&#8221;<\/span><\/a><\/p>\n","protected":false},"author":47,"featured_media":5856,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-5855","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5855","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=5855"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/5855\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/5856"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=5855"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=5855"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=5855"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}