23 Sep 2025 | 3 Mins Read
GK Energy IPO's final day buzz wanes, with GMP holding clues
Flipitmoney
The GK Energy IPO's grey market premium (GMP) has cooled off to Rs 20-23 per share from its peak of Rs 46, despite being subscribed 20 times overall, with 53.6 times subscription from NIIs. Retail investors subscribed 12.8 times and QIBs 7.7 times. This raises concerns about the listing price and market sentiment.