Rayas Power Infra IPO Date, Price, Lot Size & More: Upcoming IPO

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The IPO opening date for the Rayas Power Infra IPO has not yet been announced. Still, the company has already filed its DRHP with SEBI/Exchange on 28th December 2025. It is a book-building IPO of 1,150.00 crore shares. Rayas Power Infra IPO is one of the top upcoming IPOs, with a tentative date yet to be announced and listing on the NSE and BSE.

Rayas Power Infra IPO Details

The Rayas Power Infra IPO date has not been set yet. The face value of Rayas Power Infra shares is ₹2 per share, and the IPO price band is [.] to [].

Bigshare Services Private Limited is the registrar of the Rayas Power Infra IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

Rayas Power Infra IPO Details 

Rayas Power Infra IPO GMP 

Note: The Rayas Power Infra IPO has yet to open. We will update the Rayas Power Infra IPO GMP data once an official announcement is made.

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Rayas Power Infra IPO DRHP Status

Rayas Power Infra IPO Review

Check out the detailed Rayas Power Infra IPO review for a thorough understanding of its potential to report listing gains. The Rayas Power Infra IPO review will help you invest effectively to avoid significant losses. Explore more to make an informed Investment decision on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to understand the business’s margins for growth and decline before applying for the Rayas Power Infra IPO.

Rayas Power Infra Limited’s revenue increased by 15% from ₹91.39 crores in March 2023 to ₹139.35 crores in March 2024. Moreover, the company’s PAT increased by 52% from ₹139.35 crores to ₹91.39 crores. Investors can analyse other relevant factors and make a decision accordingly.

Rayas Power Infra Limited has shown consistent revenue growth, indicating financial stability. Moreover, brokers, investors, and RAs have a positive outlook for Rayas Power Infra’s IPO, particularly for its tentative listing day.

Technical Analysis

Some technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Rayas Power Infra IPO.

The PE ratio of Rayas Power Infra Limited’s shares is [.], and its Earnings Per Share (EPS) is [.]. Thus, the IPO of Rayas Power Infra Limited can deliver gains on its tentative listing day.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Rayas Power Infra Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

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About the Rayas Power Infra Limited Company Overview

Rays Power Infra Ltd. is engaged in providing utility-scale end-to-end renewable energy solutions with a primary focus on solar energy. The company has executed and commissioned 50 renewable power projects with an aggregate installed capacity of 1,771.18 MWp as of July 31, 2025. It operates through two business models – Co-Development, which involves land aggregation, grid connectivity, approvals, and the transfer of special purpose vehicles (SPVs) to developers; and EPC, offering complete solutions, including design, procurement, construction, testing, and commissioning of renewable energy projects.

Rayas Power Infra Limited Financials

The company’s financial analysis is essential before applying for Rayas Power Infra Limited’s IPO. Look at the table to learn about Rayas Power Infra Limited’s financials. 

Explanation

Rayas Power Infra Limited’s revenue increased by 15% from ₹91.39 crores in March 2023 to ₹139.35 crores in March 2024. Moreover, the company’s PAT increased by 52% from ₹139.35 crores to ₹91.39 crores. Investors can analyse other relevant factors and make a decision accordingly.

Rayas Power Infra IPO Promoter Holdings

Have a look at the table below to check the holdings of Rayas Power Infra Limited’s promoters: 

Note: The value will be calculated using Equity Dilution = Share Holding Pre-Issue –  Share Holding Post-Issue.

Rayas Power Infra IPO Objectives

The primary aim of the Rayas Power Infra IPO is to raise ₹1,150 crore. On the other hand, Rayas Power Infra IPO has decided to utilise these funds in different ways.

• Part funding of the incremental working capital requirements of the Company
• General corporate purposes

Should I Invest in the Rayas Power Infra IPO?

Explore the pros and cons of the Rayas Power Infra IPO to decide whether you should apply or avoid it. These pros and cons may help you understand the IPO’s potential to deliver profits in the coming decades.

Pros of Rayas Power Infra IPO

• Strong presence in the solar EPC (Engineering, Procurement & Construction) sector.
• A healthy order book provides visibility into future revenue.
• IPO proceeds to fund solar cell manufacturing plant expansion.
• An asset-light business model with low debt improves financial stability.
• Experienced management with an execution track record since 2011.
• Proposed listing on NSE & BSE, improving liquidity and visibility.

Cons of Rayas Power Infra IPO

• Pending legal cases & contingent liabilities pose risks.
• Exposure to regulatory & compliance risks (GST, PF, statutory filings).
• Sector dependence: the solar industry is affected by policy changes and incentives.
• Project execution risks: delays or cost overruns can impact margins.
• Revenue concentration from a limited major clients/projects.
• Profitability fluctuations due to solar module prices and input cost volatility.

How to Invest in the Rayas Power Infra IPO?

Rayas Power Infra IPO has not opened yet. And most investors are still waiting for it. Here is how you can invest in the Rayas Power Infra IPO after it opens. 

• Open a demat account or use your existing demat account to make a bid. 
• Navigate to the Rayas Power Infra IPO  section to make an application.
• Select the number of lots you want to apply for and proceed with your application further. 
• Once you have applied for the Rayas Power Infra IPO, you will receive a mandate request for the selected transaction mode.
• Approve the mandate request and get your application number instantly. 

How to Check the Rayas Power Infra IPO Allotment Status?

You can check for the Rayas Power Infra IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Rayas Power Infra IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Rayas Power Infra IPO allotment status.

Let’s Wrap

Rayas Power Infra is once again gathering investors’ attention with a positive announcement to be made officially on 29th September 2025. MUFG Intime India Private Limited has recently filed for the Rayas Power Infra IPO worth ₹1,150 crores with SEBI via a confidential route. The issue is subject to SEBI’s approval. Investors are cautious about the Rayas Power Infra IPO details, including the issue date, price band, lot size, subscription, and other key information.

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FAQs on Rayas Power Infra IPO

When did Rayas Power Infra file IPO draft papers?

Ans. Rayas Power Infra IPO filed its updated draft papers with SEBI for an IPO of up to ₹0.63 crore shares on 29th September 2025.

What are the uses of IPO proceeds?

Ans. Rayas Power Infra has raised funds through its IPO to expand its business operations. 

Is Rayas Power Infra a publicly listed company?

Ans. Rayas Power Infra IPO is not listed on stock exchanges, so it is not a publicly listed company. Rayas Power Infra will be publicly listed through an IPO of ₹1,150.00 crore.

What is the issue size for Rayas Power Infra?

Ans. It is a book-building IPO comprising a fresh issue and an offer-for-sale to raise approximately ₹1,150.00 crore in shares. 

Is Rayas Power Infra good?

Ans. Rayas Power Infra Limited’s revenue increased by 15% from ₹91.39 crores in March 2023 to ₹139.35 crores in March 2024. Moreover, the company’s PAT increased by 52% from ₹139.35 crores to ₹91.39 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who will be the registrar of the Rayas Power Infra IPO?

Ans. As per the recent updates, MUFG Intime India Private Limited will be the registrar responsible for managing allotment and refund procedures. For any queries regarding the Rayas Power Infra IPO GMP, allotment, or refund, please contact MUFG Intime India Private Limited at Rayas Power Infra.ipo@in.mpms.mufg.com or +91 22 4918 6200. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To obtain detailed information about the Rayas Power Infra IPO, please wait for the RHP and DRHP to be released by the company. Conduct thorough research before investing in IPOs to minimise the risk of significant losses. You can also consult your financial advisor.

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