IPO Details
Bidding Dates
19 Sept 25 - 23 Sept 25
Price Range ₹
145 - 153
Total Equity
₹ 0.00Cr
Lot Size
98
Exchange Status
BSE,NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
20.79×
Qualified Institutional Buyers
186.29×
Employees
0.00×
Retail Investors
20.79×
Total subscription Rate
89.62×
IPO Timeline
Offer start
19 Sept 2025
Offer end
23 Sept 2025
Allotment
24 Sept 2025
Refund initiation
25 Sept 2025
Demat transfer
25 Sept 2025
Listing
26 Sept 2025
Offer start
19 Sept 2025
Offer end
23 Sept 2025
Allotment
24 Sept 2025
Refund initiation
25 Sept 2025
Demat transfer
25 Sept 2025
Listing
26 Sept 2025
About Company
Incorporated in 2008, GK Energy Limited provides engineering, procurement and commissioning (“EPC”) services for solar-powered agricultural water pump systems under Component B of the Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan scheme (the “PM-KUSUM Scheme”) as measured by the number of solar-powered pump systems installed under the PMKUSUM Scheme in the period from January 1, 2022 to July 31, 2025.The company offer farmers an end-to-end single-source solution for the survey, design, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems.GK Energy currently operate an asset-light business model. The company sources solar panels, pumps and various other components of solar-powered pump systems under the “GK Energy” brand from different specialised vendors.As of November 30, 2024, The company has 12 warehouses in three states as at August 30, 2025, and a localised workforce of 90 employees and 709 workmen as at March 31, 2025, which enable us to efficiently operate across broad geographic areas in five states.
Year Founded
14-10-2008
Promotor Details
Gopal Rajaram Kabra
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 99.34 | 0 |
| Share Capital | 168998440 | 0 |
Project Details
- General corporate purposes - 464.85cr
- Funding our long term working capital requirements - 3224.58cr
Objectives
- Funding our long term working capital requirementsGeneral corporate purposes
Highlights
- Strong revenue and profit growth driven by government-backed PM-KUSUM scheme.
- High operating and net margins indicating efficient cost management.
- Robust return ratios (ROE above 60%) showcasing effective use of equity.
- Asset-light model reduces fixed capital requirements and enhances scalability.
- Strategic warehouse and workforce presence across multiple states for broad market reach.
Challenges
- Heavy dependency on government schemes exposes the company to policy risks.
- Rising debt levels, with borrowings increasing substantially to support growth.
- Customer concentration risk due to reliance on government contracts.
- Working capital intensive business requiring substantial upfront capital.
- Potential execution delays could impact profitability and liquidity.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2024 | 2,140.78 | 13.00 | 360.90 | 360.90 | 2.1355 |
| 2025 | 5,835.98 | 340.28 | 360.90 | 360.90 | 2.1355 |
