GK Energy IPO is set to open for subscription from September 19 to September 23, 2025, with a price band of ₹145 to ₹153 per share. Headquartered in Pune, GK Energy specializes in engineering, procurement, and construction services for solar-powered agricultural water pump systems, playing a key role in India’s sustainable energy initiatives under the PM-KUSUM scheme. With a significant market share and strong order book, the GK Energy IPO offers investors an opportunity to participate in the renewable energy space with growth driven by government incentives towards sustainable agriculture.
₹20
₹153
₹171.00
Expert Opinions
Market sentiment for GK Energy IPO is cautiously optimistic as the company capitalizes on the growing renewable energy sector, particularly solar-powered agricultural pump solutions. The company’s strengths include a strong order book, government-backed demand through the PM-KUSUM scheme, an asset-light business model, and robust financial metrics with high return ratios. Risks involve dependency on government policies, competitive pressures, and cash flow management for large projects.
Valuation analysis of the financial year 2025 for GK Energy IPO highlights a strong Return on Equity (ROE) of 63.71%, Return on Capital Employed (ROCE) of 55.65%, and an EBITDA margin of 18.24%, reflecting excellent profitability and operational efficiency. From a long-term perspective, GK Energy is well-positioned to benefit from the renewable energy push, making the IPO a compelling option for investors seeking sustainable growth.
Investor Considerations
GK Energy IPO has shown strong company performance with revenue surging from ₹285.45 crore in FY 2023 to ₹1,099.18 crore in FY 2025, accompanied by profit after tax rising to ₹133.21 crore. The renewable energy sector outlook remains robust, fueled by government schemes promoting solar agricultural pumps under the PM-KUSUM initiative. The GK Energy IPO valuation for FY 2025 shows a Price to Book Value of 12.39, a PAT margin of 12.12%, and a Debt to Equity ratio of 0.74, indicating strong profitability with moderate leverage.
Growth prospects include expanding order book, asset-light scalable model, and increasing adoption of sustainable energy solutions. Risks involve dependency on government policies, competition, and supply chain stability. Suitable for long-term investors seeking exposure to renewable energy, while short-term investors should consider market volatility and execution risks.
| Date | GMP | Trend |
|---|---|---|
| 25 Sep 2025 16.55 | ₹20 | Down |
| 24 Sep 2025 12.32 | ₹30 | Up |
| 23 Sep 2025 10.34 | ₹20 | --- |
| 22 Sep 2025 12.03 | ₹20 | --- |
| 21 Sep 2025 19.21 | ₹20 | Down |
| 19 Sep 2025 11.19 | ₹35 | Down |
| 17 Sep 2025 19.48 | ₹45 | Up |
| 16 Sep 2025 20.26 | ₹00 | --- |
FAQs
The Grey Market Premium showed good accuracy in predicting GK Energy IPO’s listing performance. With a final GMP of ₹20, it projected a premium of 13.07% over the issue price of ₹153. The stock listed at ₹171, delivering a gain of 11.76%. This resulted in a small prediction error of 1.31%, where the GMP correctly signaled a positive listing and closely aligned with the actual gain, reflecting strong reliability in this case.
GK Energy IPO Current GMP is ₹20.
GK Energy IPO Expected Returns is 13.07%.
GK Energy IPO estimated listing price is ₹173.