19 Sep 2025 | 5 Mins Read
GK Energy IPO receives 2.57 times subscription on Day 1
Flipitmoney
GK Energy IPO subscribed 2.57 times on its first day, with retail investors subscribing 2.70 times. The IPO saw a subscription of 5.70 crore shares, out of 2.21 crore shares on offer. The grey market premium (GMP) dropped to ₹25 per share. The company seeks to raise ₹464.26 crore, with a price band of ₹145- ₹153 per equity share, and is expected to list on Sept 26, 2025.