GK Energy IPO: GK Energy IPO fully subscribed on day 1, here’s what you should know

The preliminary public providing (IPO) of GK Vitality Ltd witnessed an amazing response from traders, with the difficulty absolutely subscribed on the primary day of bidding. The IPO opened on September 19.

As per NSE knowledge, the concern was oversubscribed 1.03 occasions at 1:30 pm. Traders have bid for two.29 crore shares in opposition to 2.21 crore shares on provide. The corporate goals to boost Rs 464.26 crore from the general public providing.

GK Vitality IPO subscription standing:

The GK Vitality IPO noticed an oversubscription of 1.03 occasions on the primary day of bidding, with Certified Institutional Consumers (QIBs) subscribing 0.01 occasions, Non-Institutional Traders (NIIs) subscribing 1.15 occasions, and Retail Particular person Traders (RIIs) subscribing 1.56 occasions. 

Particularly, QIBs took 42,434 shares out of 62.87 lakh reserved shares. NIIs took 54.99 lakh shares out of the 47.67 lakh allotted shares, and RIIs took 1.73 lakh shares out of the 1.11 lakh portion.

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GK Vitality IPO particulars:

The GK Vitality IPO has a three-day bidding window ranging from at this time, September 19, 2025, and can shut on September 23, 2025. The IPO goals to boost Rs 464.26 crore by way of a contemporary concern of Rs 400 crore and a proposal on the market of Rs 64.26 crore. The value band is Rs 145 to Rs 153 per share, with rather a lot measurement of 98 shares requiring a minimal funding of Rs 14,994. 

IPO measurement: Rs 464.26 crore, comprising a contemporary concern of Rs 400 crore and a proposal on the market of Rs 64.26 crore by promoters.

Value band: Rs 145 to Rs 153 per share.

Lot measurement: 98 shares.

Allotment date: September 24, 2025 (tentative)

Itemizing date: September 26, 2025, on BSE and NSE (tentative)

The corporate plans to make use of the funds for working capital and common company functions.

Firm profile:

GK Vitality Restricted specialises in engineering, procurement, and development (EPC) for renewable vitality tasks, particularly solar-powered agricultural water pump programs beneath the PM-KUSUM Scheme. The corporate reported revenues of over Rs 1,095 crore in FY25, up from Rs 285 crore in FY23, with earnings rising to Rs 133 crore in FY25.