GK Energy Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its final day of subscription, with GK Energy's stock price set at ₹153 per share reflecting overwhelming market reception. The ₹464.26 crore IPO reached 93.58 times by 5:04:34 PM on day three.
GK Energy IPO qualified institutional buyers segment leads with exceptional 193.01 times subscription, whilst non-institutional investors show exceptional 128.56 times and individual investors demonstrate strong participation at 21.78 times, whilst anchor investors show complete participation at 1.00 times.
IPO Subscription Status
Invest in Indian Markets and Unlock Future Potential With 5paisa!GK Energy IPO subscription reached exceptional 93.58 times on day three, led by Qualified Institutional Buyers Ex-Anchor (193.01x), Non-Institutional Investors (128.56x), and Individual Investors (21.78x). Total applications reached 22,02,364.
| Date | QIB (Ex Anchor) | NII | Individual Investors | Total |
|---|---|---|---|---|
| Day 1 (September 19) | 2.40 | 2.74 | 2.83 | 2.69 |
| Day 2 (September 22) | 3.00 | 10.53 | 7.17 | 6.70 |
| Day 3 (September 23) | 193.01 | 128.56 | 21.78 | 93.58 |
Day 3 Subscription Details
Here are the subscription details for GK Energy IPO as of Day 3 (September 23, 2025, 5:04:34 PM):
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (₹ Cr.) |
|---|---|---|---|---|
| Anchor Investors | 1.00 | 91,03,136 | 91,03,136 | 139.28 |
| QIB (Ex Anchor) | 193.01 | 60,68,759 | 1,17,13,23,342 | 17,921.25 |
| Non-Institutional Buyers | 128.56 | 45,51,569 | 58,51,41,928 | 8,952.67 |
| Individual Investors | 21.78 | 1,06,20,327 | 23,12,98,522 | 3,538.87 |
| Total | 93.58 | 2,12,40,655 | 1,98,77,63,792 | 30,412.79 |
Key Highlights - Day 3:
- Overall subscription reached exceptional 93.58 times, showing remarkable surge from day two's 6.70 times to become one of the most oversubscribed IPOs.
- Qualified institutional buyers (ex-anchor) displaying exceptional interest at 193.01 times, building massively from day two's 3.00 times indicating strong institutional confidence.
- Non-institutional investors showing exceptional performance at 128.56 times, building substantially from day two's 10.53 times with bNII segment leading at 144.08 times.
- Individual investors demonstrating strong confidence at 21.78 times, building significantly from day two's 7.17 times showing robust retail appetite.
- Total applications reached 22,02,364, indicating massive investor participation for this mainboard IPO.
- Cumulative bid amount reached ₹30,412.79 crores, representing massive 6,553% of the issue size of ₹464.26 crores.
Key Highlights - Day 2:
- Overall subscription reached moderate 6.70 times, showing improvement from day one's 2.69 times.
- Non-institutional investors showing moderate performance at 10.53 times, building substantially from day one's 2.74 times.
- Individual investors displaying moderate confidence at 7.17 times, building substantially from day one's 2.83 times.
- Qualified institutional buyers showing limited performance at 3.00 times, building from day one's 2.40 times.
Key Highlights - Day 1:
- Overall subscription reached moderate 2.69 times, showing positive initial investor interest in this solar energy IPO.
- Individual investors showing moderate performance at 2.83 times, indicating decent retail appetite.
- Non-institutional investors displaying moderate confidence at 2.74 times, showing steady HNI interest.
- Qualified institutional buyers showing moderate performance at 2.40 times, indicating measured institutional participation.
About GK Energy Ltd.
Incorporated in 2008, GK Energy Limited provides engineering, procurement and commissioning services for solar-powered agricultural water pump systems under the PM-KUSUM Scheme, operating an asset-light business model with 12 warehouses across three states and serving farmers with end-to-end solar pump solutions.
5paisa Capital Ltd
