Energy firm GK's Initial Public Offering (IPO) subscription initiation; pricing details, crucial dates, and essential info disclosed
In the rapidly evolving world of business and finance, the anticipation surrounding the GK Energy IPO continues to build. Here's a roundup of the latest developments and uncertainties surrounding this much-awaited initial public offering.
Date: Sep 19, 2025 11:16 IST
The exact allotment and listing dates for the GK Energy IPO remain undisclosed, leaving investors in a state of suspense. However, it is known that IIFL Capital Services serves as the Book Running Lead Manager (BRLM) for the issue, with MUFG Intime India Pvt. Ltd. acting as the registrar.
The Grey Market Premium (GMP) for the GK Energy IPO has seen a 20% decrease, indicating a shift in investor sentiment. Yet, no new information about the GMP has been provided.
In other significant news, India's foreign exchange reserves have surpassed USD 702 billion, edging closer to a record peak. This positive development is a testament to the country's robust economy.
On the personal finance front, Donald Trump's announcement of a USD 100,000 fee for H1-B visas could potentially impact Indian workers in the US. This development is being closely watched by the global community.
Meanwhile, in the realm of infrastructure, HUDCO (Housing and Urban Development Corporation) has signed an MoU with NBCC for multi-city construction projects. This collaboration is expected to accelerate the pace of urban development in India.
In a separate development, the Ministry of External Affairs (MEA) has issued an advisory regarding fake job offers in Iran targeting Indians. This serves as a reminder for job seekers to exercise caution and verify the authenticity of job offers before proceeding.
On the domestic front, GK Energy is empanelled under the PM-KUSUM scheme in multiple states, underscoring its role in India's renewable energy sector.
Lastly, it's worth noting that GK Energy is also part of the PM-KUSUM scheme alongside the Bureau of Public Enterprises (BRLM).
As always, stay tuned for more updates on the GK Energy IPO and other relevant news from the world of infrastructure, economy, personal finance, companies, markets, and more. This article was authored by Ankur Gupta.
Please note that Saturday, Sep 20, 2025, is a bank holiday, but the status of lenders' operations is not specified. Also, the image referred to in the paragraph is not a fact and is not included in the bullet points.
The author and the publication bear no responsibility for the potential impact of the aforementioned developments on individual financial portfolios or personal circumstances. Always conduct thorough research and consult with a financial advisor before making investment decisions.
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