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GK Energy IPO Subscription

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Updated 26 September 2025, 9:15 AM IST· Mainboard

GK Energy IPO subscription closed on 23 September 2025 at 93.58x overall by shares. QIB demand came in at 193.01x, NII at 128.56x, and retail at 21.78x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 24 September 2025. Listing date on NSE and BSE is 26 September 2025.

Issue Price
Rs 153.00
GMP Today
Rs 18.00 (+11.76%)
Overall Sub
93.58x
Issue Size
₹464.26 Cr
Allotment
24 Sept 2025
Listing
26 Sept 2025

GK Energy IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 19 Sept 20252.40x2.74x2.83x2.69x
Day 2 - 22 Sept 20253.00x10.53x7.17x6.70x
Day 3 - 23 Sept 2025193.01x128.56x21.78x93.58x

GK Energy IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

GK Energy IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail19.00x1 in 19
SHNI (Rs 2L to Rs 10L)95.22x1 in 95
BHNI (above Rs 10L)29.80x1 in 30

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the GK Energy IPO Allotment Status page from 24 September 2025 for your result.

GK Energy IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 153.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 92.85 CrRs 17,921.25 Cr193.01x
FII-Rs 4,698.76 Cr-
DFI-Rs 7,233.86 Cr-
Mutual Funds-Rs 391.58 Cr-
Other-Rs 5,597.06 Cr-
NIIRs 69.64 CrRs 8,952.71 Cr128.56x
bNII (above Rs 10L)Rs 46.43 CrRs 6,689.11 Cr144.08x
Corporate-Rs 64.28 Cr-
Individual-Rs 6,319.25 Cr-
Other-Rs 305.58 Cr-
sNII (Rs 2L to Rs 10L)Rs 23.21 CrRs 2,263.61 Cr97.51x
Corporate-Rs 5.13 Cr-
Individual-Rs 2,152.19 Cr-
Other-Rs 106.29 Cr-
RetailRs 162.49 CrRs 3,539.06 Cr21.78x
Cut-off price-Rs 2,848.81 Cr-
Fixed price-Rs 690.25 Cr-
TotalRs 324.98 CrRs 30,413.02 Cr93.58x

GK Energy IPO Subscription by Applications

Category-wise subscription based on applications received

CategoryApplications OfferedApplications ReceivedSubscription
QIB60,68,7591,3090.00x
FII-66-
DFI-74-
Mutual Funds-102-
Other-1,067-
NII3,3171,71,20051.61x
bNII (above Rs 10L)2,21165,88629.80x
Corporate-551-
Individual-62,318-
Other-3,017-
sNII (Rs 2L to Rs 10L)1,1061,05,31495.22x
Corporate-239-
Individual-1,00,074-
Other-5,001-
Retail1,08,37120,59,13819.00x
Cut-off price-16,43,020-
Fixed price-4,16,118-
Total61,80,44722,31,6470.36x

What Do These Subscription Numbers Mean?

93.58x overall by shares means bids covered about 94 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 193.01x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (51.61x by applications). Split: SHNI 95.22x, BHNI 29.80x by applications. SHNI and BHNI allotment is by lottery.

At 19.00x subscription by applications, about 1 in 19 retail applicants may get allotment (~5% chance per application). Retail allotment is also by lottery.

GK Energy IPO GMP After Subscription

GMP for GK Energy IPO stands at Rs 18.00 today, giving an estimated listing price of Rs 171.00 per share.

A subscription of 93.58x combined with a GMP of 11.76% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the GK Energy IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

GK Energy IPO Key Dates

EventDate
IPO Open Date19 September 2025
IPO Close Date23 September 2025
Allotment Date24 September 2025
Refund Initiation25 September 2025
Share Credit to Demat25 September 2025
Listing Date26 September 2025
Minimum InvestmentRs 14,994.00
Lot Size98 shares

About GK Energy IPO

GK Energy is India's largest pure-play provider of EPC (engineering, procurement and commissioning) services for solar-powered agricultural water pump systems under the PM-KUSUM scheme. The company provides end-to-end EPC for solar power systems, including installation of its brand's solar-powered pump systems for farmers, and the supply of solar dual water pump systems to government bodies. It also provides other EPC services for water storage and distribution facilities under the Jal Jeevan Mission, supply of solar products to government agencies, and rooftop solar solutions.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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GK Energy IPO Subscription FAQs

What is GK Energy IPO subscription status today?

GK Energy IPO subscription closed on 23 September 2025 with overall subscription of 93.58x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 193.01x, NII 51.61x, Retail 19.00x.

What is the overall subscription of GK Energy IPO?

GK Energy IPO is subscribed 93.58x overall by shares at close on 23 September 2025. QIB 193.01x, NII 51.61x, and Retail 19.00x.

What is GK Energy IPO QIB subscription?

GK Energy IPO QIB (Qualified Institutional Buyers) subscription is 193.01x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is GK Energy IPO Retail subscription?

GK Energy IPO Retail subscription is 19.00x by applications. Retail bids are up to Rs 2 lakh per PAN.

What is GK Energy IPO NII, SHNI, and BHNI subscription?

GK Energy IPO NII subscription is 51.61x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 95.22x and BHNI (above Rs 10L) at 29.80x.

What are GK Energy IPO retail allotment chances?

At 19.00x subscription by applications, about 1 in 19 retail applicants may get allotment (~5% chance per application). Allotment is by lottery. Share subscription was 21.78x. Allotment chances use applications, not share volume.

What are GK Energy IPO SHNI allotment chances?

At 95.22x subscription by applications, about 1 in 95 SHNI applicants may get allotment (~1% chance per application). Allotment is by lottery. Share subscription was 97.51x. Allotment chances use applications, not share volume.

What are GK Energy IPO BHNI allotment chances?

At 29.80x subscription by applications, about 1 in 30 BHNI applicants may get allotment (~3% chance per application). Allotment is by lottery. Share subscription was 144.08x. Allotment chances use applications, not share volume.

When is GK Energy IPO allotment date?

GK Energy IPO allotment date is 24 September 2025. Check GK Energy IPO Allotment Status on IPOwiz from that day using your PAN.

When does GK Energy IPO subscription close?

GK Energy IPO subscription closed on 23 September 2025. No new applications are accepted after the close.

What is GK Energy IPO GMP today?

GK Energy IPO GMP is ₹18 today (+11.76% over issue price ₹153). See live GMP on the GK Energy IPO GMP Today page.

What is GK Energy IPO issue price and lot size?

GK Energy IPO issue price is ₹153 per share. Lot size is 98 shares. Minimum investment is ₹14,994 per lot. Issue size: ₹464.26 Cr.

When is GK Energy IPO listing date?

GK Energy IPO listing date is 26 September 2025 on NSE and BSE. Allotment is on 24 September 2025.

How does subscription affect GK Energy IPO allotment?

In GK Energy IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 93.58x overall, competition is very high.

For allotment results from 24 September 2025, visit the GK Energy IPO Allotment Status page. For listing day updates on 26 September 2025, download the IPOwiz App.

Sources

We match GK Energy IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.