22 Sep 2025 | 5 Mins Read
GK Energy IPO GMP declines to 14%, raising investor concerns
Flipitmoney
The GK Energy IPO enters its second day of bidding with a cooled 14% Grey Market Premium (GMP), down from 30% last week. Priced at ₹145-153, the Rs 464.26 crore issue risks heavy reliance on solar pump business, regional exposure, supplier dependence, competitive pressure, and reputation risks, which may impact gains at listing. The allotment is expected on September 24.