Infrax Renewable IPO Day 3: Subscription Closes Today, 11 September 2026

Infrax Renewable IPO closes today, 11 Sep 2026. Subscription has stayed muted through the window. Fixed price Rs 104. Lists on BSE SME.

Updated: 11 Sept 2026 • 9:14 am

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Quick Answer

The Infrax Renewable IPO is on its final day of bidding on 11 September 2026, with the subscription window closing today. Demand has stayed muted through the bidding window so far, with the issue running below full subscription. There is no QIB quota in this fixed price SME issue, so the final Infrax Renewable IPO subscription figure depends entirely on how much retail and non-institutional demand arrives in the closing hours today.

Infrax Renewable Limited, a solar EPC company and independent power producer, has reached the final day of its SME IPO subscription window today, 11 September 2026. The Infrax Renewable IPO opened on 9 September and is a fixed price issue at Rs 104 per share, raising about Rs 40.88 crore through a combination of fresh issue and offer for sale, with the shares proposed to list on the BSE SME platform.

Bidding for the issue has stayed below full subscription through the window so far, a pattern not unusual for smaller SME issues where demand can build unevenly. With no QIB quota to add late institutional bids, whatever momentum builds for the issue in the final hours will come entirely from retail and non-institutional demand.

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Table of Contents

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 3

Category wise NII and retail figures for the issue are updated through the BSE portal during today's closing session. The table below reflects the current position ahead of the deadline.

Investor Category	Subscription Status, Closing Day (11 Sep)
Non-Institutional Investors (NII)	Still below full subscription, updating through the session
Retail Individual Investors	Still below full subscription, updating through the session
Overall	Still below full subscription, 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 before today's deadline. 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

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 so the bid amount is blocked rather than debited immediately.
Approve the UPI mandate on your phone well before the cut off today, since the issue closes for good after this session.

Download the Univest iOS App or Univest Android App to apply for the issue before it closes today.

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 closes today with subscription still below full book, leaving the final hours as the last opportunity for retail and non-institutional demand to build. Investors should review the company's short operating history and risk factors in the RHP on bseindia.com before applying to the issue.

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 3?

Ans. The issue has stayed below full subscription through the bidding window, and figures for the closing day, 11 September 2026, are updating through today's session on BSE.

When does the Infrax Renewable IPO close?

Ans. The issue closes for subscription today, 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.

Why has the Infrax Renewable IPO seen muted subscription?

Ans. Subscription for the issue has stayed below full book through the window, which can happen with smaller SME issues, and there is no QIB quota to add late institutional demand before today's deadline.

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 before it closes?

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 today's 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.

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 does Infrax Renewable Limited do?

Ans. Infrax Renewable Limited provides engineering, procurement and construction services for rooftop and ground mounted solar power projects, and operates its own solar power plant in Gujarat as an independent power producer.