Kolkata: Saatvik Green Energy IPO and GK Energy IPO are kicking off the bidding process today — Friday, September 19, 2025. Saatvik Green Energy is a manufacturer of modules and offers EPF (engineering, procurement, construction) services. It was set up in 2016 and operates two module manufacturing facilities in Haryana spread across 724,225 square feet. On the other hand, GK Energy provides EPC services for solar-powered agricultural water pump systems under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan scheme. It offers end-to-end solution for the survey, design, supply, assembly and installation, testing, commissioning and maintenance of solar-powered pump systems. It sources solar panels, pumps and other components of solar-powered pumps from different vendors.
Saatvik Green Energy IPO wants to mobilise Rs 900.00 crore through a combination of fresh issue of 1.51 crore shares and an OFS of 0.43 crore shares. The fresh shares will raise Rs 700 crore while the OFS part will raise the rest. The size of the GK Energy is Rs 464.26 crore. This will be raised through a fresh issue of 2.61 crore shares (for Rs 400.00 crore) and OFS of 0.42 crore shares (for Rs 64.26 crore). The smaller OFS part of both could act in favour of both.
According to investorgain Saatvik Green Energy IPO GMP stood at Rs 65, which indicates). The expected percentage gain/loss per share is 13.98%. However, it must be remembered that GMP is a volatile element and is an unofficial indicator. It does not guarantee anything — gain or loss on listing.
The Saatvik Green Energy IPO bidding process will be open from September 19 to 23, 2025. The allotment for the Saatvik Green Energy IPO shares will be done on September 24 and listing will take place both in BSE and NSE on September 26, 2025.
The Saatvik Green Energy IPO price band is Rs 442-465. For a retail investor, the minimum lot size is 32, which calls for an application amount of Rs 4,880 based on upper end of the price band. The lot size investment for sNII is 448 shares and that for bNII category of investors is 2,176 shares. The lead managers and registrar of the issue are Dam Capital Advisors and Kfin Technologies respectively.
According to investorgain, the GK Energy IPO GMP is Rs 36, which indicates a listing gain of 23.53%. But GMP is an unofficial gauge that changes with time and cannot guarantee listing loss or gain.
The GK Energy IPO price band is fixed at Rs 145-153. The minimum investible lot for a retail investor is 98. It calls for an application money of Rs 14,994 based on the upper end of the price band. For an sNII category investor the minimum lot has 1,372 shares, while for a bNII investor the smallest lot has 6,566 shares.
GK Energy IPO will be open for bidding between September 19 and 23. The date of allotment of shares of GK Energy IPO is September 24 and the listing date is supposed to be September 26. IIFL Capital Services is the book running lead manager and MUFG Intime India the registrar of the IPO.
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