GK Energy IPO vs Seshaasai Technologies IPO

Comparison between GK Energy IPO and Seshaasai Technologies IPO.

IPO Details

GK Energy IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Seshaasai Technologies 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 Seshaasai Technologies IPO is up to ₹813.28 Cr. The final issue price of GK Energy IPO is ₹153.00 per share and of Seshaasai Technologies IPO is ₹423.00 per share.

 GK Energy IPOSeshaasai Technologies IPO
Face Value₹2 per share₹10 per share
Issue Price (Lower)₹145.00 per share₹402.00 per share
Issue Price (Upper)₹153.00 per share₹423.00 per share
Issue Price (Final)₹153.00 per share₹423.00 per share
Discount (Retail)
Discount (Employee)₹40.00 per share
Market Lot Size98 shares35 shares
Fresh Issue Size2,61,43,790 shares1,13,52,526 shares
Fresh Issue Size (Amount)up to ₹400.00 Crup to ₹480.21 Cr
OFS Issue Size42,00,000 shares78,74,015 shares
OFS Issue Size (Amount)up to ₹64.26 Crup to ₹333.07 Cr
Issue Size Total3,03,43,790 shares1,92,26,541 shares
Issue Size Total (Amount)up to ₹464.26 Crup to ₹813.28 Cr

IPO Timetable

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

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

Financials & KPIs

GK Energy IPO P/E ratio is 20.29, as compared to Seshaasai Technologies IPO P/E ratio of 28.63.

 GK Energy IPOSeshaasai Technologies 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)

Seshaasai Technologies Ltd.'s revenue decreased by 6% and profit after tax (PAT) rose by 31% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets1,160.39958.41782.54
Total Income1,473.621,569.671,153.84
Profit After Tax222.32169.28108.10
EBITDA370.37303.01207.43
NET Worth669.67465.58321.64
Reserves and Surplus490.52286.43201.29
Total Borrowing378.68350.24311.99
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.2993.21
Promoter Shareholding (Post-Issue)78.6481.8
P/E Ratio20.2928.63
Market Cap₹3103.10 Cr.₹6844.18 Cr.
ROE63.71%34.84%
ROCE55.65%31.87%
Debt/Equity0.740.37
EPS₹7.54₹14.78
RoNW63.71%33.20%

Shares Offered

In the GK Energy IPO Retail Individual Investors (RII) are offered 1,06,20,327 shares while in Seshaasai Technologies 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 38,34,864 shares in Seshaasai Technologies IPO.

 GK Energy IPOSeshaasai Technologies IPO
Anchor Investor Reservation91,03,136 shares57,52,296 shares
Market Maker Reservation0 shares0 shares
QIB60,68,758 shares38,34,864 shares
NII45,51,569 shares28,76,149 shares
RII1,06,20,327 shares67,11,013 shares
Employee0 shares52,219 shares
Others
Total3,03,43,790 shares1,92,26,541 shares

Bids Received (Subscription)

GK Energy IPO subscribed 93.58x in total, whereas Seshaasai Technologies IPO subscribed 69.64x.

 GK Energy IPOSeshaasai Technologies IPO
QIB (times)193.01x189.49x
NII (times)128.56x51.43x
Big NII (times)144.08x54.40x
Small NII (times)97.51x45.49x
RII (times)21.78x9.46x
Employee (times)9.50x
Other (times)
Total (times)93.58x69.64x

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GK Energy IPO Vs Seshaasai Technologies IPO