Solar-Powered Agricultural Water Pump Systems Provider GK Energy on Tuesday Announced a price band of ₹ 145 to ₹ 153 to ₹ 153 per share for its upcoming ₹ 465-CRORELIC PUBLIC OF

The company’s iPo will be open for public subscription from September 19 to 23, and the one-day bidding for anchor investors will be open on September 18, According to Announcement.

The pune-based firm’s offering is a combination of fresh issue of Shares Worth ₹ 400 Crore and An Offer-For-SALE (ofs) of 42 Lakh Equity Shares, Worth ₹ 65 Crore at the upper meaning, by This aggregates the total issue size to ₹ 465 Crore.

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.

In terms of isesue allocation, 50 per cent of the IPO is reserved for qualified Institutional Buyers (QIBs), 35 per cent for retail investors, and the reminging 15 per cent for non -in-entitative investors.

Further, Investors can bid for a minimum of 98 shares and in multiples of 98 shares there.

IIFL Capital Services and HDFC Bank are the Book-Running Lead Manners to the offer.

Published on September 16, 2025