I

Infrax Renewable Ltd.

SMEBSE
unknown

TBA

TBA

1 Shares

TBA

₹10

Financial Summary

Standalone(in ₹ million)
ParticularsFY 2025-26FY 2024-25
9,321.493,046.86
11.70.71
9,333.193,047.57
7,865.32,596.67
1,378.54427.23
1,020.14285.18

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IPO Timeline

IPO Offer Start

TBA

IPO Offer Ends

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Use of Proceeds

#PurposeAmount (₹ Million)
1Funding of capital expenditure of our Company towards purchase 122.933
2Funding working capital requirements of our Company170

Promoters

Bhargv Ashvinbhai VachhaniGandhi Bhavik TarunkumarKhushboo Bhargav Vachhani

Book Running Lead Managers

Smart Horizon Capital Advisors Pvt Ltd.

Promoter Shareholding

Pre-IPO

70.64%

Promoter stake

Offered to Public

39,31,200

shares

About the Company

Currently we are supplying our services and products in various states of India includes Gujarat, Uttar Pradesh, Madhya Pradesh, Maharashtra, Rajasthan and Telangana for the financial years ended March 31, 2026. A majority of our sales are derived from the state of Gujarat. For the financial years ended March 31, 2026, 2025 and 2024, our sales from this region amounted to ? 9,079.60 Lakhs, ? 3,046.86 Lakhs and ? 965.24 Lakhs respectively, constituting 97.41%, 100.00%, and 100.00% of our Revenue from Operations for the respective periods. We intend to gradually expand our business operations across other states in India through establishment of our proposed manufacturing facility. We focus on maintaining a seamless supply chain by leveraging our expertise in procurement, designing, pricing of solar power projects and ensuring timely deliver to our customers.Our Company procures the raw materials required for providing the aforesaid services from domestic suppliers located across Gujarat, Madhya Pradesh, Rajasthan, Telangana, Maharashtra and Uttar Pradesh based on project specifications, technical requirements and commercial considerations. As of March 31, 2026, we operated 3 warehouses situated at Rajkot, Ahmedabad and Kanpur, where raw materials are stored for execution of our services. Further, we have a presence across 4 states in India namely Gujarat, Maharashtra, Madhya Pradesh and Uttar Pradesh through our branch offices.

Use of Proceeds

1. Funding of capital expenditure of our Company towards purchase of machineries and equipments for proposed manufacturing facility; 2. Funding working capital requirements of our Company; 3. General corporate purposes.

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