— subscribed overall. GMP +₹18. Retail —.
Demand
GMP is unofficial and should be treated as market sentiment, not advice.
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Company
GK Energy, established in 2008 and headquartered in Pune, Maharashtra, is a leading Indian renewable energy company specializing in engineering, procurement, and construction (EPC) services for solar-powered agricultural water pump systems. The company plays a pivotal role in India’s sustainable agriculture initiatives, particularly under the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme. With an asset-light business model, GK Energy sources components from third-party suppliers and focuses on efficient installation and maintenance services. As of September 30, 2024, the company had completed 42,778 installations under PM-KUSUM, holding an 8.56% market share. GK Energy is preparing for an IPO to fund its expansion and working capital needs.
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GMP history
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