Incorporated in 2008, GK Energy Limited provides engineering, procurement and commissioning (“EPC”) services for solar-powered agricultural water pump systems under Component B of the Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan scheme (the “PM-KUSUM Scheme”) as measured by the number of solar-powered pump systems installed under the PMKUSUM Scheme in the period from January 1, 2022 to July 31, 2025.The company offer farmers an end-to-end single-source solution for the survey, design, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems.GK Energy currently operate an asset-light business model. The company sources solar panels, pumps and various other components of solar-powered pump systems under the “GK Energy” brand from different specialised vendors.As of November 30, 2024, The company has 12 warehouses in three states as at August 30, 2025, and a localised workforce of 90 employees and 709 workmen as at March 31, 2025, which enable us to efficiently operate across broad geographic areas in five states.
| Category | Shares Offered* | Total Amt* (₹ Cr.) |
|---|---|---|
|
QIB (Ex Anchor)
|
15,171,895 | ₹232.130 |
|
NII
|
4,551,569 | ₹69.640 |
|
Retail
|
10,620,327 | ₹162.490 |
| Total ** | 30,343,791 | ₹464.260 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min — 2 Lots) | 2 | 196 | ₹29,988 |
| Retail (Max — 13 Lots) | 13 | 1,274 | ₹194,922 |
| S-HNI (Min — 14 Lots) | 14 | 1,372 | ₹209,916 |
| S-HNI (Max — 66 Lots) | 66 | 6,468 | ₹989,604 |
| B-HNI (Min — 67 Lots) | 67 | 6,566 | ₹1,004,598 |
| Category | QIB | NII | Retail | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Ex. Anchor | Anchor Investor | Total QIB | Below ₹10L | Above ₹10L | Total NII | |||
| Allocation (No. of shares) | — | — | — | — | — | 4,551,569 | 10,620,327 | 15,171,896 |
| Allotment price (Rs.) | 153 | 153 | 153 | 153 | 153 | 153 | 153 | 153 |
| No. of applications | — | — | — | — | — | — | — | — |
| No. of shares applied | — | — | — | — | — | — | — | — |
| Amount collected (Rs.cr.) | 232.13 | — | 232.13 | — | — | 69.64 | 162.49 | 464.26 |
| No. of times subscribed | — | — | — | — | — | — | — | — |
| No. of shares allotted | — | — | — | — | — | 4,551,569 | 10,620,327 | 15,171,896 |
| Amount (Rs.cr.) | 232.13 | — | 232.13 | — | — | 69.64 | 162.49 | 232.13 |
| No. of allottees | — | — | — | — | — | — | — | — |
| Category | Shares Offered | Amt (₹ Cr) | Size (%) |
|---|---|---|---|
| QIB (Ex Anchor) | 15,171,895 | ₹232.13 |
50.00%
|
| NII / HNI | 4,551,569 | ₹69.64 |
21.43%
|
| Retail (RII) | 10,620,327 | ₹162.49 |
35.00%
|
| Total | 30,343,791 | ₹464.26 |
100.00%
|
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Revenue from Operations | 1099.18 | 412.31 | 285.45 |
| EBITDA | 199.69 | 53.83 | 17.18 |
| Profit After Tax (PAT) | 133.21 | 36.09 | 10.08 |
| Net Worth | 209.09 | 55.96 | 19.87 |
| Total Assets | 583.62 | 214.08 | 142.82 |
| Reserves & Surplus | 175.07 | 54.66 | 18.57 |
| Total Borrowings | 217.79 | 62.29 | 42.61 |
| EBITDA Margin (%) | 18.24% | — | — |
| PAT Margin (%) | 12.12% | — | — |
GK Energy Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI: