How to Check GK Energy IPO Allotment Status?

No image 5paisa Capital Ltd - 3 min read

Last Updated: 24th September 2025 - 10:00 am

GK Energy Limited provides engineering, procurement and commissioning services for solar-powered agricultural water pump systems under PM-KUSUM Scheme, incorporated in 2008. The company operates with 90 employees and 709 workmen as of March 31, 2025, maintaining 12 warehouses across three states as of August 30, 2025, while offering farmers end-to-end single-source solutions for survey, design, supply, assembly, installation, testing, commissioning and maintenance of solar-powered pump systems operating through asset-light business model sourcing solar panels, pumps and components under "GK Energy" brand from specialized vendors, positioning as India's largest pure play provider for solar pump EPC and rooftop modules with orders on hand worth ₹1,028+ crore as of August 15, 2025.

The GK Energy IPO came with a total issue size of ₹464.26 crore, comprising a fresh issue of 2.61 crore shares aggregating to ₹400.00 crore and offer for sale of 0.42 crore shares aggregating to ₹64.26 crore. The IPO opened on September 19, 2025, and closed on September 23, 2025. The allotment for the GK Energy IPO is expected to be finalized on Wednesday, September 24, 2025. The GK Energy IPO price band was set at ₹145 to ₹153 per share.

Steps to Check GK Energy IPO Allotment Status on Registrar Site

  • Visit the MUFG Intime India Pvt.Ltd. website
  • Select "GK Energy" from the dropdown menu on the allotment status page
  • Enter your PAN ID, Demat Account Number, or Application Number in the designated field
  • Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check GK Energy IPO Allotment Status on BSE

  • Navigate to the BSE IPO Allotment Status Page
  • Select the issue type: equity/debt
  • Choose "GK Energy" from the list of active IPOs in the dropdown menu
  • Input your Application Number and PAN ID in the required fields
  • Verify the captcha and click "Search" to check your allotment status

GK Energy IPO Subscription Status

GK Energy IPO received exceptional investor interest, being subscribed 93.58 times overall. The subscription showed outstanding confidence across categories in the GK Energy IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:34 PM on September 23, 2025:

  • Non-Institutional Investors (NII): 128.56 times.
  • QIB Category: 193.01 times.
Date QIB NII Total
Day 1 September 19, 2025 2.40 2.74 2.69
Day 2 September 22, 2025 3.00 10.53 6.70
Day 3 September 23, 2025 193.01 128.56 93.58

GK Energy IPO Share Price and Investment Details

The GK Energy IPO stock price band was set at ₹145 to ₹153 per share with a minimum lot size of 98 shares. The minimum investment required for retail investors was ₹14,994 for 1 lot (98 shares). The issue included up to 91,03,136 shares allocated to anchor investors raising ₹139.28 crore. Given the exceptional subscription response of 93.58 times overall, with QIB category showing extraordinary response at 193.01 times and NII demonstrating exceptional response at 128.56 times, the GK Energy IPO share price is expected to list with exceptional premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

  • Funding long term working capital requirements: ₹322.46 crore.
  • General corporate purposes: Remaining amount.

Business Overview

GK Energy Limited operates in solar energy EPC services sector with robust growth trajectory since FY24, demonstrating strong financial performance through 63.71% ROE and 55.65% ROCE while maintaining debt-equity ratio of 0.74 and serving agricultural sector through PM-KUSUM Scheme implementation across five states. The company maintains competitive positioning as largest pure play provider for solar pump EPC services with asset-light business model enabling efficient operations through localized workforce and warehouse network, benefiting from government policy support for solar-powered agricultural water pump systems while maintaining strong order book and growth prospects in expanding renewable energy sector focused on agricultural applications. 

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  • Date Range 23 Oct- 27 Oct’23
  • Price 23
  • IPO Size 200
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