26 Sep 2025 | 5 Mins Read
GK Energy's D-Street debut sees 7% rally and 15% gains for investors
Flipitmoney
GK Energy shares surged 6.6% on their second day of trading, reaching Rs 175.95, following an 11.8% premium over its issue price. The Rs 464 crore IPO was subscribed 93.6 times, with strong institutional demand. The company values its market capitalization at around Rs 3,103 crore and aims to utilize IPO proceeds for working capital and general corporate purposes.