Infrax Renewable Ltd.
SMEBSE₹104
TBA
2400 Shares
₹ 2,49,600
₹10
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 9,321.49 | 3,046.86 | |
| 11.7 | 0.71 | |
| 9,333.19 | 3,047.57 | |
| 7,865.3 | 2,596.67 | |
| 1,378.54 | 427.23 | |
| 1,020.14 | 285.18 |
Subscription Details
IPO Timeline
IPO Offer Start
9 Sept 2026
IPO Offer Ends
11 Sept 2026
17 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Funding of capital expenditure of our Company towards purchase | 122.933 |
| 2 | Funding working capital requirements of our Company | 170 |
| 3 | General corporate purposes | 20.324 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
70.64%
Promoter stake
Post-IPO
49.73%
Promoter stake
Offered to Public
39,31,200
shares
Post Share Capital
70,79,600
shares
IPO Registrar
Bigshare Services Pvt Ltd
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.
Infrax Renewable Ltd. Latest News
IPO FAQs
The Infrax Renewable Ltd. IPO is priced at ₹104 per share. bids must fall within this , against a of ₹10 per share.
The for the Infrax Renewable Ltd. IPO is 2,400 shares, which is also the minimum order quantity — you have to apply for at least 2,400 shares, and in multiples of 2,400 beyond that.
The minimum investment in the Infrax Renewable Ltd. IPO is about ₹2,49,600 — one lot of 2,400 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Infrax Renewable Ltd. opens on 9 Sept 2026 and closes on 11 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Infrax Renewable Ltd. shares were listed on 17 Sept 2026 on BSE.
Bigshare Services Pvt Ltd is the for the Infrax Renewable Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Infrax Renewable Ltd. IPO shares are listed on BSE.
Each Infrax Renewable Ltd. share has a of ₹10.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 70.64% of Infrax Renewable Ltd. before the IPO, which falls to 49.73% after the issue.
39,31,200 shares of Infrax Renewable Ltd. are being offered to the public in this issue.
- 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
Smart Horizon Capital Advisors Pvt Ltd. is the book running lead manager for the Infrax Renewable Ltd. IPO.
Pre-apply means placing your Infrax Renewable Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Infrax Renewable Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Infrax Renewable Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.