Infrax Renewable

Infrax Renewable

SMEClosed

₹2,49,600(2,400 Shares)

Minimum Investment

IPO Dates

Sep 9, 2026 – Sep 11, 2026

Price Band

₹104–104 per equity share

Issue Size

₹40.88 Cr

Lot Size

1200

Listing

Sep 17, 2026

Listing At

BSE SME

Sep 9, 2026Open DateCompleted
Sep 11, 2026Close DateCompleted
Sep 15, 2026Allotment DateCompleted
Sep 17, 2026Listing DateCompleted

Infrax Renewable Live Subscription Details

All IPOs
QIB1.50x
Retail1.90x
NIIs
1.50x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

1.50x

Overall Subscription

Total Bids Received

2.10x

Infrax Renewable IPO Issue Details

Issue Price
₹104 Per Equity Share
Face Value
₹10 Per Equity Share
Total Issue Size
₹40.88 Cr
Fresh Share
32,50,800 shares(aggregating up to ₹33.8 crore)
Listing At
BSE SME
Listing Date
Sep 17, 2026
Lead Manager
Smart Horizon Capital Advisors Pvt.Ltd.
Registrar
Bigshare Services Pvt.Ltd.

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)22,400₹2,49,600
Retail (Max)22,400₹2,49,600
sHNI (Min)33,600₹3,74,400

Reservation Details

47.07%

NII

18.5L

47.86%

Individual

18.82L

5.07%

Market Maker

1.99L

100%

shareholder

39.31L

Company Information

Incorporated in September 2024, Infrax Renewable Limited is a company involved in offering solar power solutions through the provision of EPC solutions for rooftop and ground-mounted solar power plant...

Valuations

EPS (Pre-IPO)

9.29

EPS (Post-IPO)

7.17

P/E (Pre-IPO)

11.19

P/E (Post-IPO)

14.50

RoNW

64.68%

PAT Margin

10.94%

P/B Value

6.59

Market Cap

₹148.05 Cr.

Financial Information (₹ in Crores)

MetricFY 26FY 25FY 24
Total Assets31.538.244.4
Total Revenue93.3330.489.66
Profit After Tax10.22.850.96
Net Worth15.771.891.4

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Funding of capital expenditure of the Company towards purchase of machineries and equipments for proposed manufacturing facility
  2. 2Funding working capital requirements of the Company
  3. 3General corporate purposes
  4. 4Issue Expenses

Infrax Renewable – Promoter(s)

Bhargv Ashvinbhai Vachhani
G
hi Bhavik Tarunkumar
Khushboo Bhargav Vachhani

Contact Details

Corporate Office

402-403, R K Prime 2, Mahapuja Dham Chok, 150 Feet Road, Malviyanagar, Rajkot, Gujarat, 360004

+91 7874074000

investor@infraxrenewable.com

Visit Website

Infrax Renewable Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt.Ltd.

8657578989/8069219065/8069219060

ipo@bigshareonline.com

Visit Registrar Website

Lead Managers

Smart Horizon Capital Advisors Pvt.Ltd.

Frequently Asked Questions — Infrax Renewable IPO

The Infrax Renewable IPO price band is set at ₹104.00 to ₹104.00 per equity share.

The total issue size of Infrax Renewable IPO is ₹40.88 Cr.

The lot size for Infrax Renewable IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,24,800.

The Infrax Renewable IPO opens on Sep 9, 2026 and closes on Sep 11, 2026.

The basis of allotment for Infrax Renewable IPO is expected to be finalized on Sep 15, 2026.

Infrax Renewable IPO is expected to be listed on Sep 17, 2026 on BSE SME.

The registrar for Infrax Renewable IPO is Bigshare Services Pvt.Ltd.. You can contact them at ipo@bigshareonline.com.

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