The initial public offer of gk energy ltd received a whopping 89.62 Times Subscription as it Drew to a Close on Tuesday.

Shares of GK Energy Ltd, a Solar-Powered Agricultural Water Pump Systems Provider, on Friday Listed with a Premium of Nearly 12 per cent against the is the issue price of ₹ 153.

The stock started trading at ₹ 165, A Jump of 7.84 per cent from the issue price on the bse.

At the nse, the stock was listed at ₹ 171, a Premium of 11.76 per cent.

The company’s market Valuation Stood at ₹ 3,448.91 Crore.

The initial public offer of gk energy ltd received a whopping 89.62 Times Subscription as it Drew to a Close on Tuesday.

The ₹ 464 Crore IPO Had a price band of ₹ 145-153 per share.

The pune-based firm’s offering was a combination of fresh issue of Shares Worth ₹ 400 Crore and An Offer For Sale (ofs) of 42 Lakh Equity Shares, Worth ₹ 64.26 Crore at the upper energy Sharehlders.

Proceeds from the fresh issue to the extent of ₹ 322.5 will be utilized for funding the company’s long-term working capital requirements, and the balance for general corporates.

The company is India’s Larget Pure Play Provider of Engineering, Procurement and Commission (EPC) Services for Solar-Powered Agricultural Water Pump Systems.

It offers Farmers An End-to-Ed Single Source for the Survey, Design, Supply, Assembly and Installation, Testing, Testing, Commissioning and Maintenance of Maintenance and Maintenance of Solar-Powered Pump Systems.

Published on September 26, 2025