Infrax Renewable IPO Day 2: Subscription Status on 10 September 2026

The Infrax Renewable IPO has entered Day 2 of its three day bidding window, which opened on 9 September and closes on 11 September 2026. Infrax Renewable Limited, a solar EPC and independent power producer, is raising about Rs 40.88 crore through a combination of fresh issue and offer for sale, and the shares are proposed to list on the BSE SME platform.

With Day 1 bidding data still being consolidated by exchange trackers, the clearest read on demand for the issue will come from today's session and the closing day on 11 September. Since the issue carries no QIB quota, retail and non-institutional bidding alone will determine the final subscription figure.

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Infrax Renewable IPO Details

The table below sets out the key parameters of the issue.

Open Date	9 September 2026
Close Date	11 September 2026
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 Subscription Status Day 2

Category wise NII and retail figures for the issue are updated through the BSE portal during the session. The table below reflects the current position as bidding continues into Day 2.

Investor Category	Subscription Status, Day 2 (10 Sep)
Non-Institutional Investors (NII)	Updating through the session
Retail Individual Investors	Updating through the session
Overall	Updating through the session

With no institutional quota in this issue, the closing figure for the issue depends entirely on retail and non-institutional bidding through today's session and the 11 September close. Investors should check the live BSE numbers for the latest position.

Track Subscription Status for the issue on the Univest Screener

How to Apply for the Infrax Renewable IPO

1. Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
2. 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.
3. Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
4. Approve the UPI mandate on your phone before the daily cut off time, keeping in mind the issue closes on 11 September.

Download the Univest iOS App or Univest Android App to apply for the issue before the 11 September close.

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.

Conclusion

The issue is on Day 2 of bidding, with one more full session remaining before the 11 September close for retail and non-institutional demand to build. Investors considering the issue should review the company's short operating history and risk factors in the RHP on bseindia.com, and apply only after independent due diligence.

FAQs

What is the Infrax Renewable IPO subscription status on Day 2?

Ans. The issue is in its second day of bidding on 10 September 2026, and category wise NII and retail figures are updating through today's session on BSE.

When does the Infrax Renewable IPO close?

Ans. The issue closes for subscription on 11 September 2026, having opened on 9 September 2026.

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.

How are shares reserved 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.

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, with listing on the BSE SME platform tentatively scheduled for 17 September 2026.

What is the issue 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.

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.