GK Energy, a solar pump provider in India, files for a ₹500 crore IPO to boost its operations.

GK Energy, a Pune-based company providing solar-powered agricultural water pumps, has filed for an IPO with India's SEBI to raise ₹500 crore. The funds will support working capital and corporate needs. The company's order book is valued at ₹759 crore, and it saw a 44.23% increase in revenue from the previous year. IIFL Capital Services and HDFC Bank are managing the IPO, with shares to be listed on the BSE and NSE.

3 months ago
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