Infrax Renewable IPO Day 1: Subscription Opens Today, 9 September 2026
- September 9, 2026
- Posted by: Neeraj Pandey
- Category: IPO
Infrax Renewable IPO opens today, 9 Sep 2026, closes 11 Sep 2026. Fixed price Rs 104. Lot size 2,400 shares. Lists on BSE SME on 17 Sep.
Quick Answer
The Infrax Renewable IPO opens for subscription today, 9 September 2026, and will remain open until 11 September 2026. Infrax Renewable Limited provides engineering, procurement and construction services for rooftop and ground mounted solar power projects, and is raising about Rs 40.88 crore through a combination of fresh issue and offer for sale. The issue is priced at a fixed Rs 104 per share, with a lot size of 2,400 shares, and the shares are proposed to list on the BSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.
Infrax Renewable Limited, incorporated in September 2024 and based in Mumbai, has opened its IPO for subscription today, 9 September 2026. The Infrax Renewable IPO is a fixed price SME issue worth about Rs 40.88 crore, comprising a fresh issue of about Rs 33.81 crore and an offer for sale of 6,80,400 shares by promoters, and will remain open for bidding until 11 September 2026. The equity shares are proposed to be listed on the BSE SME platform.
The company provides EPC services for rooftop and ground mounted solar power projects, supplies solar PV modules, inverters and related equipment, and also operates as an independent power producer through its own solar plant in Gujarat under a power purchase agreement. The fresh issue proceeds of the Infrax Renewable IPO are earmarked for capital expenditure on machinery and equipment for a proposed manufacturing facility, alongside working capital needs.
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Infrax Renewable IPO Details
The table below sets out the key parameters of the issue, including the issue price, lot size and important dates.
| Open Date | 9 September 2026 |
| Close Date | 11 September 2026 |
| Face Value | Rs 10 per share |
| Issue Price | Rs 104 per share (fixed price) |
| Lot Size | 2,400 shares |
| Issue Size | Rs 40.88 crore |
| Issue Type | Fixed Price Issue, SME |
| Listing At | BSE SME |
| Allotment Date | 15 September 2026 |
| Listing Date | 17 September 2026 |
Infrax Renewable IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 2,49,600 (1 lot, 2,400 shares) |
| Registrar | Bigshare Services Pvt Ltd |
| Lead Manager | Smart Horizon Capital Advisors Pvt Ltd |
| Reservation split | NII 50%, Retail 50%, no QIB quota |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Infrax Renewable IPO Subscription Status Day 1
Bidding for the issue has opened today, 9 September 2026, so the category wise numbers below will fill in as the session progresses. With no QIB quota in this fixed price SME issue, retail and non-institutional demand will drive the subscription.
| Investor Category | Subscription Status, Day 1 (9 Sep) |
|---|---|
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Infrax Renewable IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and place a bid for the fixed price of Rs 104 per share in multiples of 2,400 shares.
- Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 11 September.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Infrax Renewable Limited
Infrax Renewable Limited, incorporated in September 2024 and based in Mumbai, provides EPC services for rooftop and ground mounted solar power projects, and also distributes solar PV modules, inverters and related equipment. The company additionally operates as an independent power producer through its own solar plant in Gujarat under a power purchase agreement, and has reported sharp revenue and profit growth in FY26 ahead of the issue.
Conclusion
The issue has opened for bidding today, 9 September 2026, offering exposure to India’s fast growing solar EPC and independent power producer segment. Investors considering the issue should study the company’s short operating history, promoter dilution and risk factors in the RHP on bseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Infrax Renewable IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 9 September 2026, so Day 1 subscription figures are still filling in through the trading session. Investors can track the live NII and retail numbers on BSE as the day progresses.
When does the Infrax Renewable IPO open and close?
Ans. The issue opened for subscription today, 9 September 2026, and will close on 11 September 2026, a standard three day bidding window for an SME issue.
What is the Infrax Renewable IPO price and lot size?
Ans. The issue is a fixed price issue at Rs 104 per share, with a lot size of 2,400 shares, taking the minimum investment to about Rs 2,49,600.
What is the issue size and structure of the Infrax Renewable IPO?
Ans. The issue is worth about Rs 40.88 crore, comprising a fresh issue of about Rs 33.81 crore and an offer for sale of 6,80,400 shares by the company’s promoters.
How are shares reserved across investor categories in the Infrax Renewable IPO?
Ans. The issue carries no QIB quota. Non-institutional investors are allocated 50 percent of the offer, and retail individual investors are allocated the remaining 50 percent.
What is the Infrax Renewable IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Infrax Renewable IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, placing your bid for the fixed price of Rs 104 per share in multiples of 2,400 shares and approving the UPI mandate before the daily cut off.
When will the Infrax Renewable IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 15 September 2026, and the shares are tentatively scheduled to list on the BSE SME platform on 17 September 2026.
What does Infrax Renewable Limited do?
Ans. Infrax Renewable Limited provides engineering, procurement and construction services for rooftop and ground mounted solar power projects, distributes solar equipment, and operates its own solar power plant in Gujarat as an independent power producer.
Who are the registrar and lead manager for the Infrax Renewable IPO?
Ans. Bigshare Services Pvt Ltd is the registrar for the issue, and Smart Horizon Capital Advisors Pvt Ltd is the book running lead manager for the issue.
