Archive · 19 Sep 2025

GK Energy IPO Oversubscribed on Debut, GMP at ₹25

GK Energy IPO Oversubscribed on Debut, GMP at ₹25

GK Energy, an engineering, procurement, and commissioning (EPC) firm, launched its IPO on Friday, September 19, 2025.

The IPO was oversubscribed by 2.57 times on its first day.

Retail investors showed strong interest, subscribing 2.70 times.

The Non-Institutional Investors (NIIs) subscribed 2.61 times and Qualified Institutional Buyers (QIBs) subscribed 2.32 times.

The IPO aims to raise ₹464.26 crore with a price band of ₹145 to ₹153 per share.

The grey market premium (GMP) is currently ₹25 per share.

The IPO is expected to be listed on September 26, 2025.

Sources