GK Energy IPO vs Innovision IPO

Comparison between GK Energy IPO and Innovision IPO.

IPO Details

GK Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Innovision 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 Innovision IPO is up to ₹319.25 Cr. The final issue price of GK Energy IPO is ₹153.00 per share and of Innovision IPO is ₹519.00 per share.

 GK Energy IPOInnovision IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹145.00 per share₹494.00 per share
Issue Price (Upper)₹153.00 per share₹519.00 per share
Issue Price (Final)₹153.00 per share₹519.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size98 shares27 shares
Fresh Issue Size2,61,43,790 shares49,13,294 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹255.00 Cr
OFS Issue Size42,00,000 shares12,38,000 shares
OFS Issue Size (Amount)up to ₹64.26 Crup to ₹64.25 Cr
Issue Size Total3,03,43,790 shares61,51,294 shares
Issue Size Total (Amount)up to ₹464.26 Crup to ₹319.25 Cr

IPO Timetable

GK Energy IPO opens on Sep 19, 2025, while Innovision IPO opens on Mar 10, 2026. The closing date of GK Energy IPO and Innovision IPO is Sep 23, 2025, and Mar 17, 2026, respectively.

 GK Energy IPOInnovision IPO
Anchor Bid DateSep 18, 2025
Issue OpenSep 19, 2025Mar 10, 2026
Issue CloseSep 23, 2025Mar 17, 2026
Basis Of Allotment (Tentative)Sep 24, 2025Mar 18, 2026
Initiation of Refunds (Tentative)Sep 25, 2025Mar 20, 2026
Credit of Share (Tentative)Sep 25, 2025Mar 20, 2026
Listing date (Tentative)Sep 26, 2025Mar 23, 2026
Anchor Lockin End date 1Oct 23, 2025
Anchor Lockin End date 2Dec 22, 2025

Financials & KPIs

GK Energy IPO P/E ratio is 20.29, as compared to Innovision IPO P/E ratio of 33.8.

 GK Energy IPOInnovision 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)

Period Ended30 Sep 202531 Mar 202531 Mar 202431 Mar 2023
Assets271.66220.30157.05108.17
Total Income483.10895.95512.13257.62
Profit After Tax20.0029.0210.278.88
EBITDA30.4251.7519.6616.36
NET Worth102.3381.8852.3540.26
Reserves and Surplus83.4362.9833.4538.91
Total Borrowing112.3979.0548.1533.34
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.29100
Promoter Shareholding (Post-Issue)78.6474.17
P/E Ratio20.2933.8
Market Cap₹3103.10 Cr.₹1235.91 Cr.
ROE63.71%35.45%
ROCE55.65%40.77%
Debt/Equity0.740.97
EPS₹7.54₹15.36
RoNW63.71%35.45%

Shares Offered

In the GK Energy IPO Retail Individual Investors (RII) are offered 1,06,20,327 shares while in Innovision 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 61,512 shares in Innovision IPO.

 GK Energy IPOInnovision IPO
Anchor Investor Reservation91,03,136 shares0 shares
Market Maker Reservation0 shares0 shares
QIB60,68,758 shares61,512 shares
NII45,51,569 shares20,91,440 shares
RII1,06,20,327 shares39,98,342 shares
Employee0 shares0 shares
Others
Total3,03,43,790 shares61,51,294 shares

Bids Received (Subscription)

GK Energy IPO subscribed 93.58x in total, whereas Innovision IPO subscribed 3.46x.

 GK Energy IPOInnovision IPO
QIB (times)193.01x14.30x
NII (times)128.56x8.60x
Big NII (times)144.08x10.29x
Small NII (times)97.51x5.22x
RII (times)21.78x0.60x
Employee (times)
Other (times)
Total (times)93.58x3.46x

Compare with others

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GK Energy IPO Vs Innovision IPO