IPOs INFRAX

INFRAX

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INFRAX RENEWABLE LTD. IPO

09 Sep, 10:00 AM
10:00 AM
Issue Open
11 Sep, 05:00 PM
05:00 PM
Issue Close
1200
Lot Size
₹ 104.00 – ₹ 104.00
Price Range

About the Company

INFRAX RENEWABLE LTD. IPO

Incorporated in September 2024, Infrax Renewable Limited is a solar energy company engaged in providing Engineering, Procurement and Construction (EPC) services for rooftop and ground-mounted solar power projects. The company also supplies a wide range of solar products, including solar PV modules, inverters, and related equipment, and operates as an Independent Power Producer (IPP) through its own solar power plant in Gujarat under a Power Purchase Agreement (PPA) with PGVCL. Business Operations: EPC Services: They provide end-to-end solar EPC services, including project design, engineering, procurement, installation, testing, commissioning, O&M, and regulatory assistance. Our projects include rooftop solar projects for residential customers and ground-mounted projects for commercial customers. Independent Power Producer (IPP) They operate as an Independent Power Producer by generating and selling electricity to Paschim Gujarat Vij Company Limited (PGVCL) under a 25-year Power Purchase Agreement. In 2026, we commissioned a 1.2 MW solar power plant at Bhadla, Jasdan, Rajkot, Gujarat. Sale of Solar Products They also supply various solar products, including Solar PV Modules, Solar PV Inverters, and other solar products. Our PV modules include both polycrystalline and monocrystalline panels, sourced domestically and internationally. The company offers end-to-end solar solutions covering project design, engineering, procurement, installation, testing, commissioning, and operation & maintenance (O&M) services. It serves customers across residential, commercial, and industrial segments through an extensive dealer network and has been empanelled as a national vendor under the PM Surya Ghar: Muft Bijli Yojana. Infrax currently operates warehouses in Rajkot, Ahmedabad, and Kanpur, along with branch offices across Gujarat, Maharashtra, Madhya Pradesh, and Uttar Pradesh, with services supplied across multiple Indian states. As of March 31, 2026, the team comprised 52 pe

Issue Details

Issue Size 41.00 Cr
Market Price 104.00
Registrar Bigshare Services Pvt.Ltd
Face Value RS.10 /- Per share
Listing At BSE

Timeline

Open Date 09-Sep-2026
Close Date 11-Sep-2026
Allotment Date 15-Sep-2026
Refunds 16-Sep-2026
Demat Credit 16-Sep-2026
Listing Date 17-Sep-2026

IPO Lot Size

Category Lots Shares Amount
Retail (Min) 2 2400 ₹ 2,49,600.00
Retail (Max) 2 2400 ₹ 2,49,600.00
S-HNI (Min) 3 3600 ₹ 3,74,400.00
S-HNI (Max) 8 9600 ₹ 9,98,400.00
B-HNI (Min) 9 10800 ₹ 11,23,200.00
₹ 104.00 – ₹ 104.00
Current Price

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Lot Size 1200
Price Range ₹ 104.00 – ₹ 104.00
Status Active