The initial public offering (IPO) of GK Energy Ltd., a leading player in the solar energy sector, has opened for public subscription, creating a buzz among investors. This article provides a comprehensive and real-time overview of the IPO, including the latest Grey Market Premium (GMP), day-wise subscription status, and all the essential price and issue details you need to know before you invest.
What is the GK Energy IPO Grey Market Premium (GMP) Today?
The Grey Market Premium (GMP) is an unofficial yet important indicator of the market's sentiment towards an upcoming IPO. It represents the price at which the IPO shares are being traded in the informal, over-the-counter market before they are officially listed on the stock exchange.
- Current GK Energy IPO GMP: As of September 20, 2025, the GMP for GK Energy IPO is reported at ₹25 per share.
- Estimated Listing Price: With the upper price band set at ₹153, the estimated listing price would be ₹178 (₹153 + ₹25).
- Estimated Listing Gain: This translates to an estimated listing gain of approximately 16.34%.
Note: The GMP is highly volatile and subject to market fluctuations. It should not be the sole factor in your investment decision. For a more detailed guide on how to approach new listings, check out our post on understanding the risks and rewards of investing in IPOs.
Live Subscription Status: How is the IPO Performing?
The subscription status gives you a clear picture of the demand for the IPO from different categories of investors—retail, high-net-worth individuals (HNIs), and qualified institutional buyers (QIBs).
As of 5:04 PM on September 19, 2025, the GK Energy IPO subscription status is as follows:
| Investor Category | Subscription (X times) |
|---|---|
| Retail Investors (RII) | 2.83x |
| Non-Institutional Investors (NII) | 2.74x |
| Qualified Institutional Buyers (QIB) | 2.40x |
| Total Subscription | 2.69x |
The robust subscription numbers on Day 1 indicate strong investor interest across all categories, which is a positive sign for the IPO. To learn more about how to evaluate a company before investing, read our beginner's guide to fundamental analysis.
Key Details of the GK Energy IPO
To make an informed decision, here are the vital details of the GK Energy IPO:
- IPO Dates: The IPO opened on September 19, 2025 and will close on September 23, 2025.
- Price Band: The company has set the price band at ₹145 to ₹153 per equity share.
- Lot Size: The minimum bid for retail investors is 98 shares, which requires a minimum investment of ₹14,994.
- Issue Size: The total issue size is ₹464.26 crore, which includes a fresh issue of ₹400 crore and an Offer for Sale (OFS) of ₹64.26 crore.
- Listing: The shares are proposed to be listed on both the BSE and NSE.
- Allotment & Listing Dates (Tentative):
- Allotment Finalization: September 24, 2025
- Listing Date: September 26, 2025
This IPO is part of a larger trend in India's financial landscape. If you are a new investor looking to get started, you may find our complete beginner's guide to investing a helpful resource.
Should You Apply for the GK Energy IPO?
GK Energy is a prominent player in the solar EPC sector, particularly for agricultural water pump systems under government schemes like PM-KUSUM. The company has shown impressive financial growth with a strong revenue and profit trajectory.
- Strengths: A healthy order book of over ₹1,000 crore as of mid-August 2025 provides strong revenue visibility. The company's valuation appears competitive when compared to its peers.
- Risks: The business is highly dependent on government schemes, and a significant portion of its revenue comes from the PM-KUSUM scheme, which is scheduled to end in March 2026. This dependency and negative cash flows from operations due to rising receivables are key risks.
Financial experts and analysts have provided mixed to neutral ratings, with some recommending a "Subscribe for long-term gains" stance for investors with a high-risk appetite. It is crucial to conduct your own research and consult with a financial advisor before making any investment decision. For a more structured approach to building your investment plan, consider using our ultimate checklist before making your first investment.
Disclaimer: This article is for informational purposes only. The data provided, including GMP and subscription figures, is based on publicly available information and market reports, and is subject to change. It is not financial advice.
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