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GK Energy launched its IPO on Sept. 19, 2025, raising ₹464 crore amid strong growth and high demand.
GK Energy, a Pune-based solar-powered agricultural pump systems provider, launched its IPO on September 19, 2025, offering shares at ₹145–153 with a total raise of ₹464.26 crore through a ₹400 crore fresh issue and ₹64.26 crore offer-for-sale.
The company, a leading EPC player under India’s PM-KUSUM scheme, reported strong financial growth, with revenues rising from ₹285 crore in FY23 to ₹1,095 crore in FY25 and profits surging from ₹10 crore to ₹133 crore.
Proceeds will fund working capital and general corporate needs.
The IPO attracted anchor investments of ₹139 crore and carries a grey market premium of around 26–30%.
It closes on September 23, with shares set to list on BSE and NSE on September 26.
GK Energy lanzó su IPO el 19 de septiembre de 2025, recaudando ₹464 crore en medio de un fuerte crecimiento y alta demanda.