GK Energy IPO Open For Subscription Today — Should You Bid? Read Angel One's Report For Key Details

The price band for the GK Energy IPO has been fixed between Rs 145 to Rs 153 per equity share. At the upper price band of Rs 153, GK Energy is attractively valued, trading at a post-IPO P/E of 23.3x lower than its industry peers..NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Angel One Report.Maharashtra-based GK Energy Ltd.'s initial public offering is set to open on Friday, September 19 and the offer concludes on Sep. 23. The shares will be listed on both the National Stock Exchange and the BSE on Sep 26 ..GK Energy is raising approximately Rs 464.26 crore through its IPO, comprising a fresh issue of Rs 400 crore and an offer for sale of Rs 64.26 crore, with proceeds primarily allocated to long-term working capital requirements of Rs 322.46 crore and the balance for general corporate purposes, to support its operational expansion and growth plans. The price band for the GK Energy IPO has been fixed between Rs 145 to Rs 153 per equity share. At the upper price band of Rs 153, GK Energy is attractively valued, trading at a post-IPO P/E of 23.3x lower than its industry peers. The company has demonstrated strong financial performance, with significant revenue and PAT growth in FY 2024. Its robust order book and presence in the growing renewable energy sector further support its growth prospects. Considering these factors, the stock merits a “Subscribe” recommendation. .Company OutlookIn FY 2024–25, GK Energy delivered robust financial performance, reporting revenue of Rs 1,094.8 crore, Ebitda of Rs 199.7 crore (18.2% margin), PAT of Rs 133.2 crore (12.1% margin), RoE of 63.7%, RoCE of 55.7%, and a debt-to-equity ratio of 0.74, underscoring strong growth, healthy profitability, and operational efficiency..Key RisksThe key risks for GK Energy Ltd include high customer and geographic concentration and seasonal business fluctuations can impact revenue, profitability, and cash flows..Click on the attachment to read the full report:.Saatvik Green Energy IPO: Issue Details, Listing Date, Financials, Risks And More— Read Angel One's Report.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

GK Energy IPO Open For Subscription Today — Should You Bid? Read Angel One's Report For Key Details

GK Energy is raising approximately Rs 464.26 crore through its IPO, comprising a fresh issue of Rs 400 crore and an offer for sale of Rs 64.26 crore

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