GK Energy

GK Energy was incorporated on October 14, 2008. The company is India's largest EPC service provider for solar-powered agricultural water pump systems under Component B of the PM-KUSUM Scheme, based on installations from January 1, 2022, to December 3, 2024 (Source: CRISIL Report) GK Energy Limited was originally incorporated as "GK Energy Marketers Private Limited", a Private Company dated October 14, 2008, issued by the RoC. Thereafter, on June 3, 2024, the name of Company was changed to "GK Energy Private Limited" on July 20, 2024. Company was subsequently converted from a Private Company to a Public Company, its name was changed to "GK Energy Limited" and a fresh Certificate of Incorporation was issued by the RoC on December 2, 2024. The Company is primarily into the business of design, manufacture, supply, transport, installation, testing and commissioning of decentralized solar systems In addition, the Company provide other EPC services, comprising, the erection and installation of water storage and distribution facilities under Jal Jeevan Mission, a Central Government scheme operated through urban local bodies, the supply and installation of solar products for government agencies and rooftop solar solutions to sell photovoltaic cells and solar modules. The Company started business operations into solar water heaters in year 2008. It installed and commissioned 1767 solar home lights and 276 solar street lighting systems for 40 remote villages in Gadchiroli district of Maharashtra in 2013; installed 2 KW solar power plants at 67 zilla parishads e-learning schools in Pune in year 2015; followed with the entrance with the Savitribai Phule Pune University for undertaking projects in renewable energy, energy conservation, energy promotion and utilization to conserve environment by reducing greenhouse gas emission in consultation with the School of Energy Studies. In 2016, Company entered into an agreement with Sanjivani Rural Educational Society for installation of 500 kW Grid-tied Rooftop Solar Photovoltaic System. It installed solar pumps in Chhattisgarh; installed more than 1 MW of solar panels across different projects in a year and commenced business operations in Jharkhand for grid connected rooftop SPV power plants. Later, Company installed solar agricultural pump in Maharashtra in 2019; commenced operations under PM Kusum Component-B Solar Pump scheme in the states of Maharashtra, Haryana and Punjab in 2021. The Company has empanelled with Maharashtra State Electricity Distribution Company Limited for installation of solar rooftops in FY 2025. Company launched the initial public offering of 30,343.790 equity shares of face value of Rs 2 each, by raising funds aggregating to Rs 464.26 Crore, comprising a fresh issue of 26,143,790 equity shares amounting to Rs 400 Cr and offer for sale of 4,200,000 equity shares amounting to Rs 64.26 Cr in September, 2025.