Infrax Renewable
17 Sep '26SME
Min. Investment
₹2,49,600
Issue size
₹40.88 Cr
GMP
Locked
Current subscription status: --
Expert verdict
IPO dates
09 Sep
Opening
11 Sep
Closing
15 Sep
Allotment
17 Sep
Listing
*Refunds will be initiated on 16 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2400 | ₹2,49,600 |
Subscription (as on 09 September 2026, 12:15 PM)
Overall-
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2019|MD: Mr Bhargv Ashvinbhai Vachhani
- Infrax Renewable Limited is an ISO 9001:2015 certified company engaged in solar engineering, procurement and construction (EPC) services, solar product distribution and independent power producer (IPP) activities. Its EPC services include the design, engineering, procurement, installation, testing, commissioning, and operation and maintenance of rooftop and ground-mounted solar projects. The company also supplies solar PV modules, inverters, and related solar products through authorised dealers and direct sales.
- The company operates a solar power plant at Bhadla (Jasdan), Gujarat, and sells electricity to Paschim Gujarat Vij Company Limited under a power purchase agreement. It is also empanelled as a national vendor under government-sponsored schemes, including the PM Surya Ghar: Muft Bijli Yojana. As of FY26, it operated three warehouses and had branch offices across four states.
Issue Details & Objective
Lot size
1200 Shares
Price band
₹104 to 104
Face value
₹10 per share
Financials
IPO reservation
HNI - 47.07%
Retail - 47.86%
Download DRHP (IPO Doc)FAQs
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Infrax Renewable IPO is ₹40.88 Cr
The Infrax Renewable IPO will be open for applications from 09 Sep '26 to 11 Sep '26
The lot size of Infrax Renewable IPO is 1200 Shares and its minimum investment amount is ₹2,49,600.
