New Delhi: Solar-powered agricultural water pump systems provider GK Energy Ltd has filed preliminary papers with markets regulator Sebi to garner funds through an initial public offering. The proposed IPO of the Pune-based firm is a combination of a fresh issue of shares worth Rs 500 crore and an Offer-for-Sale of 84 lakh equity shares by selling shareholders, the draft …
Solar-powered agricultural water pump systems provider GK Energy Limited has filed preliminary papers with markets regulator SEBI to garner funds through an initial public offering. The proposed IPO of the Pune-based firm is a combination of fresh issue of shares worth ₹500 crore and an Offer-for-Sale of ₹84 lakh equity shares by selling shareholders, the draft red herring prospectus showed. …
Upcoming IPO: GK Energy has filed a draft red herring prospectus with the market regulator Securities and Exchange Board of India for a public offer. GK Energy is a pure-play engineering, procurement and commissioning provider of solar-powered agricultural water pump systems. As per the company's DRHP, GK Energy's initial public offer will be a mix of a fresh issue of …