GK Energy IPO GMP, a Pune-based engineering, procurement, and commissioning (EPC) firm specialising in solar-powered agricultural water pump systems, is launching its ₹465 crore IPO from 19 to 23 September 2025, with anchor bidding on 18 September. The issue consists of a fresh issue of ₹400 crore and an offer for sale (OFS) by promoters for shares worth ₹65 crore, bringing the total issue size at the upper price band to ₹465 crore. The IPO price band is fixed between ₹145–₹153 per share, and the minimum lot size is 98 shares, implying a minimum retail investment of about ₹14,994 at the upper band. The allocation splits are: 50% reserved for Qualified Institutional Buyers (QIBs), 35% for retail investors, and 15% for Non-Institutional Investors (NIIs). Promoters offering shares under OFS are Gopal Rajaram Kabra (40 lakh shares) and Mehul Ajit Shah (2 lakh shares).

GK Energy posted strong financial growth: revenue from operations rose by ~44% to around ₹411.09 crore in FY 2024, up from ₹285.03 crore in FY 2023, and profit after tax increased dramatically to about ₹36.09 crore. It also raised ₹100 crore via a pre-IPO placement by institutional investors at ₹153 per share. Of the net fresh issue proceeds, approximately ₹322.5 crore will go toward long-term working capital, with the remaining funds used for general corporate purposes. The company has an order book of ~₹759 crore and is set to list on both NSE and BSE on 26 September 2025, with allotment on 24 September. With its strong performance in solar EPC, involvement in government schemes like PM-KUSUM, and rising investor interest, the GK Energy IPO is being closely watched.