GE

GK Energy

Book Building issueMainboardBSE₹464 Cr issue
+7.84%
Listing gain over issue price
Issue size
₹464 Cr
1 lot at cut-off
₹14,994
Lot size
98shares
Open
19 Sept 2025
Close
23 Sept 2025
Allotment
24 Sept 2025
Listing
26 Sept 2025

Listing performance

Issue price
₹153
Listed at
₹165
Listing-day close
₹167.75
Latest price
₹140.61
Listing gain
+7.84%
Return since listing
-8.10%

Scheduled dates

Tentative timetable — a past date is not confirmation the step completed

  1. Open
    19 Sept 2025
  2. Close
    23 Sept 2025
  3. Allotment
    24 Sept 2025
  4. Refund
    25 Sept 2025
  5. Demat credit
    25 Sept 2025
  6. Listing
    26 Sept 2025

Grey market premium

Unofficial and indicative — not a forecast

₹18

3 observations recorded — too few to plot a trend.

Day-wise premium · 3 observations
DateGMP%SaudaEst. listingGain / lot
26 Sept 2025₹18+11.76%₹1,300₹171₹1,764
25 Sept 2025₹18+11.76%₹1,300₹171₹1,764
24 Sept 2025₹25+16.34%₹1,900₹178₹2,450

Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.

Issue details

IPO date
19 Sept 2025 – 23 Sept 2025
Listing date
26 Sept 2025
Face value
₹1 per share
Issue price
₹153 per share
Lot size
98 shares
Issue type
Book Building issue
Listing at
BSE
Total issue size
₹464 Cr
Market cap at offer price
₹3,103 Cr
Promoter holding
93.29% → 78.64% pre-issue → post-issue
ISIN
INE1AG301022
Registrar
MUFG Intime India Pvt.Ltd.
Lead managers
IIFL Capital Services Ltd.
Registered office
Office No.802, CTS No.97-A-1/57/2, Suyog Center, Maharashtra

Reservation and application size

How the issue is split between investor categories, and what each may bid

Investor categoryShares% of net% of total
Anchor investor · within QIB91,03,136
Market maker 0

Application size

Minimum 98 shares per lot, in multiples, at ₹153

ApplicationLotsSharesAmount
Retail (min)198₹14,994
Retail (max)131,274₹1,94,922
S-HNI (min)141,372₹2,09,916
S-HNI (max)666,468₹9,89,604
B-HNI (min)676,566₹10,04,598

Category limits

CategoryBid sizeCut-off
Retail (RII)Up to ₹2 lakhYes
Small HNI (sNII)₹2 lakh – ₹10 lakhNo
Big HNI (bNII)Above ₹10 lakhNo
EmployeeUp to ₹5 lakhYes

Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.

Anchor investors

Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.

Shares allocated
91,03,136
Anchor portion
₹139 Cr
at ₹153 per share

Valuation and performance

Valuation at offer price

₹153 per share

MetricPre-issuePost-issue
EPS (₹)7.546.57
P/E (×)20.2923.29
Price to book (×)12.39
Market cap₹3,103 Cr

Key performance indicators

Latest reported period

Return on net worth
63.71%
ROCE
55.65%
Debt / equity
0.74
PAT margin
12.12%
EBITDA margin
18.24%
NAV per share
₹12.35
Price to book
12.39

Single period as reported. Year-on-year movement is in the financials table below, where every period is published.

Disclaimer. Figures are compiled from the issuer's offer document and exchange-published bidding data. Subscription changes until the issue closes, and the final basis of allotment is published by the registrar. Grey Market Premium is unofficial, indicative data from unregulated grey-market dealers — it is not published by NSE, BSE, SEBI or the issuer, and is not a forecast of the listing price. Nothing here is investment advice or a recommendation; read the offer document and consult a SEBI-registered adviser before applying.