Infrax Renewable IPO
Infrax Renewable is a BSE SME IPO is priced at ₹104 per share with an issue size of ₹40.88 crore. The IPO opens on Sep 9, 2026 and closes on Sep 11, 2026, with a lot size of 1200 shares and a minimum investment of ₹2,49,600.
Infrax Renewable Limited IPO
- IPO Dates
- Sep 9, 2026 – Sep 11, 2026
- Price band
- ₹104 per equity share
- Minimum Investment
- ₹2,49,600
- Issue size
- ₹40.88 Cr
- Lot size
- 1200
- Allotment Date
- Sep 15, 2026
- Listing
- Sep 17, 2026
- Listing At
- BSE SME
IPO timeline
-
Sep 9, 2026
Open Date
Upcoming
-
Sep 11, 2026
Close Date
Upcoming
-
Sep 15, 2026
Allotment Date
Upcoming
-
Sep 17, 2026
Listing Date
Upcoming
Infrax Renewable IPO Essentials
Infrax Renewable IPO Details
Infrax Renewable IPO is priced at ₹104 per share with a total issue size of 40.88 crore. The IPO has a lot size of 1200 shares and will be listed on BSE SME.
- Issue price
- ₹104 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 39,31,200 shares(agg. up to ₹40.88 Cr)
- Total issue size
- 39,31,200 shares
(aggregating up to ₹40.88 crore) - Fresh issue
- 32,50,800 shares
(aggregating up to ₹33.8 crore) - Offer for sale (OFS)
- 6,80,400 shares
(aggregating up to ₹7.08 crore) - Retail Portion
- 50%
- Listing at
- BSE SME
- Listing date
- Registrar
- Bigshare Services Pvt.Ltd.
- Lead manager
-
Smart Horizon Capital Advisors Pvt.Ltd.
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,49,600 |
| Individual(max) | 2 | 2400 | ₹2,49,600 |
| sHNI(min) | 3 | 3600 | ₹3,74,400 |
Infrax Renewable IPO Documents
Infrax Renewable IPO Analytics
Infrax Renewable Valuations
Returns
- ROE
- 115.54%
- ROCE
- 63.89%
- RoNW
- 64.68%
- PAT Margin
- 10.94%
Fundamentals
- Debt / Equity
- 0.44
- Price / Book
- 6.59
- Market Cap
- ₹148.05 Cr.
Infrax Renewable Financials( In Crs.)
| 31-Mar-26 | 31-Mar-25 | 31-Mar-24 | |
|---|---|---|---|
| Assets | 31.53 | 8.24 | 4.40 |
| Revenue | 93.33 | 30.48 | 9.66 |
| Profit After Tax | 10.20 | 2.85 | 0.96 |
| Net Worth | 15.77 | 1.89 | 1.40 |
| Reserves & Surplus | 14.52 | 0.89 | N/A |
| Total Borrowing | 6.99 | 3.02 | N/A |
Infrax Renewable Company & Offer Insights
About Infrax Renewable
Incorporated in September 2024, Infrax Renewable Limited is a company involved in offering solar power solutions through the provision of EPC solutions for rooftop and ground-mounted solar power plants. Additionally, they manufacture various solar components such as PV modules, inverters and other solar equipment and function as an IPP via their own solar power plant located in Gujarat operating under a PPA with PGVCL.
Business operations:EPC Solutions: They offer end-to-end solar EPC solutions which include designing and engineering, procurement, installation, testing and commissioning, operation and maintenance and regulatory support services. Our projects include rooftop solar projects for individual customers and ground-mounted projects for business clients.
Independent Power Producer (IPP): They are an independent power producer by producing electricity and selling it to Paschim Gujarat Vij Company Limited (PGVCL) under a 25 years power purchase agreement. In 2026, our 1.2MW solar power plant was commissioned at Bhadla, Jasdan, Rajkot, Gujarat.
Solar Product Sales They also provide a variety of solar products like Solar PV Modules, Solar PV Inverters, and other solar products. Our PV Modules come from domestic and international sources in both polycrystalline and monocrystalline variants.
The company provide complete solar solutions to our clients with services ranging from project conceptualization, engineering, procurement, installation, testing, commissioning, and O&M services. We cater to customers in residential, commercial, and industrial segments with a wide network of dealers and have been empaneled as a national vendor for the scheme of PM Surya Ghar: Muft Bijli Yojana. Infrax has operations in warehouses located in Rajkot, Ahmedabad, and Kanpur, as well as branch offices in Gujarat, Maharashtra, Madhya Pradesh, and Uttar Pradesh.
As on March 31, 2026, the team strength was 52 members.
Infrax Renewable Promoter(s)
Bhargv Ashvinbhai Vachhani, Gandhi Bhavik Tarunkumar, Khushboo Bhargav Vachhani are the company's promoters of Infrax Renewable.
Infrax Renewable IPO Issue Objectives
- •
- Funding of capital expenditure of the Company towards purchase of machineries and equipments for proposed manufacturing facility
- •
- Funding working capital requirements of the Company
- •
- General corporate purposes
- •
- Issue Expenses
Contact Information
Contact Details
Infrax Renewable
+91 7874074000
402-403, R K Prime 2, Mahapuja Dham Chok, 150 Feet Road, Malviyanagar, Rajkot, Gujarat, 360004
Registrar Contact Details
Bigshare Services Pvt.Ltd.
8657578989/8069219065/8069219060
Frequently Asked Questions
Click any question to reveal the answer
Infrax Renewable IPO is a Fixed Priced IPO worth ₹40.88 crore. The issue price is ₹104 per share (fixed price). The IPO opens on Sep 9, 2026 and closes on Sep 11, 2026. It will be listed on BSE SME Platform. Bigshare Services Pvt. Ltd. is the registrar.
The issue price of Infrax Renewable IPO is ₹104 per share (fixed price).
The lot size of Infrax Renewable IPO is 1200 shares.
The minimum investment for Infrax Renewable IPO is approximately ₹2,49,600 based on the issue price .
Infrax Renewable IPO opens on Sep 9, 2026 and closes on Sep 11, 2026.
The allotment date of Infrax Renewable IPO is Sep 15, 2026.
Infrax Renewable IPO is expected to be listed on Sep 17, 2026, on BSE SME Platform.
No recorded Grey Market Premium (GMP) quote is currently available for Infrax Renewable IPO. GMP is unofficial and does not forecast or guarantee the actual listing price.
Infrax Renewable IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 6.59, RoNW 64.68%, and market cap ₹148.05 Cr.
To apply for Infrax Renewable IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Infrax Renewable IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Infrax Renewable IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Infrax Renewable IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Infrax Renewable IPO allotment status on IPO Ji for quick and easy access.