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GK Energy share price: Stock lists at nearly 12% premium on NSE; here's how much investors made per lot

Kamal Joshi
By Kamal Joshi

2 min read | Updated on September 26, 2025, 11:54 IST

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SUMMARY

GK Energy share price: The ₹464.26 crore initial share sale, which had set a price band of ₹145 to ₹153 per share, consisted of new equity shares aggregating to ₹400 crore and an offer-for-sale component worth ₹64.26 crore.

GK Energy IPO price band was set at ₹145 to ₹153 per share. | Image: gkenergy.in

GK Energy IPO price band was set at ₹145 to ₹153 per share. | Image: gkenergy.in

GK Energy share price: Shares of solar-powered agricultural water pump systems provider GK Energy made a strong debut on the bourses on Friday, September 26.

The stock listed at ₹171 apiece on the National Stock Exchange (NSE), reflecting a premium of 11.76% over the IPO issue price of ₹153 per share.

At 11:52 am, the scrip was down 0.76% to ₹169.7. The market capitalisation stands at ₹3,442.62 crore.

On the BSE, it started trading at ₹165.20, up 7.97% from the issue price.

GK Energy share price: Here's how much investors made per lot

The minimum investment for retail investors was 98 shares. Investors who received the GK Energy IPO allotment made ₹16,758 per lot.

The ₹464.26 crore initial share sale, which had set a price band of ₹145 to ₹153 per share, consisted of new equity shares aggregating to ₹400 crore and an offer-for-sale component worth ₹64.26 crore.

The funds raised will be utilised for long-term working capital requirements as well as general corporate purposes.

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The initial share sale received a whopping 89.62 times subscription, with bids for 1,98,77,78,982 equity shares as against 2,21,80,828 shares on offer, as per data available on the stock exchanges.

The part kept aside for qualified institutional buyers (QIBs) was booked a huge 186.29 times. The category meant for non-institutional investors, or NIIs, attracted 122.73 times subscription. The retail investors' quota was booked 20.79 times subscription.

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GK Energy is India's largest pure play provider of engineering, procurement and commissioning services for solar-powered agricultural water pump systems. It provides farmers an end-to-end single source solution for the survey, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems.

Before the IPO, the company had mobilised ₹139.27 crore from anchor investors, including HSBC Mutual Fund (MF), Motilal Oswal MF, Bandhan MF, Citigroup Global Markets Mauritius, Pinebridge Global Funds and Societe Generale, among others.

HDFC Bank and IIFL Capital Services were the issue's book-running lead managers.

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About The Author

Kamal Joshi
Kamal Joshi is a business journalist who covers industries, markets, and IPOs. He is passionate about breaking news and enjoys playing tennis, especially flexing his backhand. He was previously associated with Republic TV and LatestLY.

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