GK Energy IPO price band set at ₹143 to ₹153 per share; issue to open on Friday — Check details here
GK Energy has fixed the price band for its upcoming initial public offering (IPO) at ₹145 to ₹153 per equity share of face value of ₹2 each. The mainboard offer is set to hit the Indian stock market on Friday, September 19 and will remain open till Tuesday, September 23.
At the upper end of the price band, GK Energy is looking to raise ₹464 crore. The IPO is a combination of fresh issue of 2.61 crore shares amounting to ₹400 crore. Meanwhile, the offer for sale component amounts to 0.42 crore shares worth ₹64.26 crore.
