GK Energy IPO vs GNG Electronics IPO

Comparison between GK Energy IPO and GNG Electronics IPO.

IPO Details

GK Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while GNG Electronics IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of GK Energy IPO is up to ₹464.26 Cr whereas the issue size of the GNG Electronics IPO is up to ₹460.43 Cr. The final issue price of GK Energy IPO is ₹153.00 per share and of GNG Electronics IPO is ₹237.00 per share.

 GK Energy IPOGNG Electronics IPO
Face Value₹2 per share₹2 per share
Issue Price (Lower)₹145.00 per share₹225.00 per share
Issue Price (Upper)₹153.00 per share₹237.00 per share
Issue Price (Final)₹153.00 per share₹237.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size98 shares63 shares
Fresh Issue Size2,61,43,790 shares1,68,77,637 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹400.00 Cr
OFS Issue Size42,00,000 shares25,50,000 shares
OFS Issue Size (Amount)up to ₹64.26 Crup to ₹60.44 Cr
Issue Size Total3,03,43,790 shares1,94,27,637 shares
Issue Size Total (Amount)up to ₹464.26 Crup to ₹460.43 Cr

IPO Timetable

GK Energy IPO opens on Sep 19, 2025, while GNG Electronics IPO opens on Jul 23, 2025. The closing date of GK Energy IPO and GNG Electronics IPO is Sep 23, 2025, and Jul 25, 2025, respectively.

 GK Energy IPOGNG Electronics IPO
Anchor Bid DateSep 18, 2025Jul 22, 2025
Issue OpenSep 19, 2025Jul 23, 2025
Issue CloseSep 23, 2025Jul 25, 2025
Basis Of Allotment (Tentative)Sep 24, 2025Jul 28, 2025
Initiation of Refunds (Tentative)Sep 25, 2025Jul 29, 2025
Credit of Share (Tentative)Sep 25, 2025Jul 29, 2025
Listing date (Tentative)Sep 26, 2025Jul 30, 2025
Anchor Lockin End date 1Oct 23, 2025Aug 26, 2025
Anchor Lockin End date 2Dec 22, 2025Oct 25, 2025

Financials & KPIs

GK Energy IPO P/E ratio is 20.29, as compared to GNG Electronics IPO P/E ratio of 33.35.

 GK Energy IPOGNG Electronics IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Mar 2025
Assets583.62
Total Income1,099.18
Profit After Tax133.21
EBITDA199.69
NET Worth209.09
Reserves and Surplus175.07
Total Borrowing217.79
Amount in ₹ Crore

Company Financials (Restated Consolidated)

GNG Electronics Ltd.'s revenue increased by 24% and profit after tax (PAT) rose by 32% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets719.46585.82285.50
Total Income1,420.371,143.80662.79
Profit After Tax69.0352.3132.43
EBITDA126.1484.9050.04
NET Worth226.46163.14111.60
Reserves and Surplus176.61132.6881.13
Total Borrowing446.92322.33152.02
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.2995.01
Promoter Shareholding (Post-Issue)78.6478.71
P/E Ratio20.2933.35
Market Cap₹3103.10 Cr.₹2702.07 Cr.
ROE63.71%30.40%
ROCE55.65%17.31%
Debt/Equity0.741.95
EPS₹7.54₹7.11
RoNW63.71%30.40%

Shares Offered

In the GK Energy IPO Retail Individual Investors (RII) are offered 1,06,20,327 shares while in GNG Electronics IPO retail investors are offered 1,06,20,327 shares. Qualified Institutional Buyers (QIB) are offered 60,68,758 shares in GK Energy IPO and 38,85,528 shares in GNG Electronics IPO.

 GK Energy IPOGNG Electronics IPO
Anchor Investor Reservation91,03,136 shares58,28,290 shares
Market Maker Reservation0 shares0 shares
QIB60,68,758 shares38,85,528 shares
NII45,51,569 shares29,14,146 shares
RII1,06,20,327 shares67,99,673 shares
Employee0 shares0 shares
Others
Total3,03,43,790 shares1,94,27,637 shares

Bids Received (Subscription)

GK Energy IPO subscribed 93.58x in total, whereas GNG Electronics IPO subscribed 150.21x.

 GK Energy IPOGNG Electronics IPO
QIB (times)193.01x266.21x
NII (times)128.56x226.44x
Big NII (times)144.08x264.14x
Small NII (times)97.51x182.52x
RII (times)21.78x47.36x
Employee (times)
Other (times)
Total (times)93.58x150.21x

Compare with others

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GK Energy IPO Vs GNG Electronics IPO