The IPOs of GK Energy and Saatvik Green Energy entered their second day of bidding on September 22, 2025, attracting significant attention from retail and institutional investors.

GK Energy IPO

GK Energy’s ₹465-crore IPO, priced in the range of ₹145‑153 per share, received robust response so far on Day 2 with 4.18 times subscription. The non‑institutional investors subscribed 5.41 times, retail investors contributed about 4.69 times and QIBs 2.33 times (at 12 noon).

The Pune-based firm garnered ₹139 crore from anchor investors. The IPO comprises of fresh issue of shares worth ₹400 crore and an offer-for-sale (OFS) of 42 lakh equity shares, worth ₹65 crore at the upper end. The minimum lot size is 98 shares. IIFL Capital Services and HDFC Bank are the book-running lead managers to the of

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