In Short : GK Energy has raised ₹139 crore from anchor investors ahead of its IPO, allotting 91.03 lakh shares at ₹153 each, the upper end of its price band. Major participants included HSBC MF, Citigroup Global, Motilal Oswal MF, Bandhan MF, Pinebridge Global, and Societe Generale. The IPO opens with strong institutional backing, reflecting […]
GK Energy Secures ₹100 Crore Pre-IPO Funding to Fuel Renewable Expansion and Market Debut – EQ
In Short : GK Energy has secured ₹100 crore in a pre-IPO funding round, boosting its expansion plans in the renewable energy sector. The funds will be utilized to scale up projects, strengthen infrastructure, and enhance clean energy capacities. The successful round reflects investor confidence in GK Energy’s growth potential and its commitment to driving […]
GK Energy files draft IPO papers with SEBI; aims to raise ₹500-crore via fresh issue – EQ
In Short : GK Energy has filed draft IPO papers with SEBI, aiming to raise ₹500 crore through a fresh issue of shares. The proceeds will be used to fund expansion plans, enhance infrastructure, and strengthen operations. This move marks a significant step in the company’s growth strategy within the energy sector. In Detail : […]