The initial public offer of GK Energy LTD, a provider for agricultural water pump systems on solar energy, received no less than 89.62 times subscription when it closed on Tuesday. The IPO of RS 464-Crore received bids for 1,98,77,78,982 shares against 2.21,828 shares that are offered, according to data available at the NSE. The part […]
The RS 464 Crore from GK Energy has seen a solid response from investors and has so far subscribed to Tuesday, third and last day of the bid process. In the Gray Market, the IPOs premium has seen a slight dip – which is currently floating around 12% above the issue price of RS 153, […]
Pune -based GK Energy, which focuses on engineering, purchasing and construction (EPC) for renewable energy projects, today, September 19, launched his first public offer (IPO). Within the first hours of day 1 bid, the issue was a 58%subscription, mainly fed by strong interest from retail investors. The IPO will remain open for three days and […]
Supplier of solar energy -solutions GK Energy has raised RS 139 crore from anchor investors, including Pinebridge, Prashant Jain’s 3P India Equity Fund prior to his IPO. The issue will be opened on September 19 for the public subscription. The company said it has assigned 91.03 Lakh shares on the top of the price band […]