GK Energy, an EPC provider for solar agricultural water pump systems under PM-KUSUM, has launched its IPO of ₹464.26 crore from September 19 to September 23, 2025. The issue is seeing strong grey market interest, with GMP approximately 26% above the issue price. The price band has been set, and anchor investors have committed ₹139 crore at the upper band of ₹153 per share. The strong GMP reflects investor enthusiasm for green energy infrastructure, though analysts caution risk due to sector regulatory and subsidy dependency.
positive
30 days ago
GK Energy IPO Opens with Strong GMP Signals
GK Energy, an EPC provider for solar agricultural water pump systems under PM-KUSUM, has launched its IPO of ₹464.26 crore from September 19 to September 23, 2025. The issue is seeing strong grey market interest, with GMP approximately 26% above the issue price. The price band has been set, and anchor investors have committed ₹139 crore at the upper band of ₹153 per share. The strong GMP reflects investor enthusiasm for green energy infrastructure, though analysts caution risk due to sector regulatory and subsidy dependency.
positive
GK Energy IPO Opens with Strong GMP Signals
about 1 month ago
1 min read
85 words
GK Energy IPO opens with ~26% GMP, signalling strong demand for its solar pump infrastructure business.
GK Energy, an EPC provider for solar agricultural water pump systems under PM-KUSUM, has launched its IPO of ₹464.26 crore from September 19 to September 23, 2025. The issue is seeing strong grey market interest, with GMP approximately 26% above the issue price. The price band has been set, and anchor investors have committed ₹139 crore at the upper band of ₹153 per share. The strong GMP reflects investor enthusiasm for green energy infrastructure, though analysts caution risk due to sector regulatory and subsidy dependency.
GK Energy, an EPC provider for solar agricultural water pump systems under PM-KUSUM, has launched its IPO of ₹464.26 crore from September 19 to September 23, 2025. The issue is seeing strong grey market interest, with GMP approximately 26% above the issue price. The price band has been set, and anchor investors have committed ₹139 crore at the upper band of ₹153 per share. The strong GMP reflects investor enthusiasm for green energy infrastructure, though analysts caution risk due to sector regulatory and subsidy dependency.