Infrax Renewable Ltd IPO

Infrax Renewable Ltd IPO

1. We are engaged in providing solar Engineering, Procurement and Construction (EPC) services, including solar power solutions for Rooftop and Ground Mount solar projects. Our EPC services encompass project design, engineering, procurement, installation, testing, commissioning and comprehensive operation & maintenance services, enabling us to manage all aspects of project execution from site assessment to final commissioning. Installation is undertaken majorly by our dealers or by third parties hired by our company, as the case may be. 2. We are engaged in the supply and distribution of a wide range of solar products, including Solar PV (Photovoltaic) modules, Solar PV inverters and related solar products. 3. Our Company is also engaged in Independent Power Producer (IPP) activities through execution of Power Purchase Agreements (PPAs) with Paschim Gujarat Vij Company Limited (PGVCL) by establishing our own solar power plant situated at Bhadla (Jasdan) Gujarat for generation and sale of electricity to PGVCL. Our Company supplies above its services and products through a diversified sales and distribution network comprising authorised dealers across various regions, enabling wider market reach and efficient customer servicing. Further, our Company has been empaneled as a national vendor for implementation of solar power projects under government-sponsored schemes including the PM Surya Ghar: Muft Bijli Yojana Rooftop Solar Programme.

Infrax Renewable Ltd IPO Details

Total Shares Offered

₹ 39,31,200

Offer to Public

6,80,400

Retail Max (Shares)

₹ 18,50,400

Pre Issue Promoters Holding

₹ 77,60,000

Exchange

DBC

Issue size

₹ 40.88 Cr

IPO Open Date

Sep 9, 2026

Close Date

Sep 11, 2026

Lot Size

2400

Min Investment

₹ 2,49,600

Issue Type

Fixed Price - SME

Listing Date

Sep 17, 2026

Infrax Renewable Ltd IPO Dates

check-icon
Sep 9, 2026
Opening date
check-icon
Sep 11, 2026
Closing date
check-icon
Sep 15, 2026
Basis of Allotment
check-icon
Sep 16, 2026
Initiation of Refunds
check-icon
Sep 16, 2026
Credit of Shares
check-icon
Sep 17, 2026
Listing date

Details

SectorType
SectorEngineering - Turnkey Services
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

Infrax Renewable Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operationsTBATBATBA
EBITDATBATBATBA
PATTBATBATBA
Total AssetsTBATBATBA
Share CapitalTBATBATBA
Total BorrowingsTBATBATBA
Operating Activities (Net Cash)TBATBATBA
Investing Activities (Net Cash)TBATBATBA
Financing Activities (Net Cash)TBATBATBA
Net CashflowTBATBATBA

About Infrax Renewable Ltd

Our Company was originally formed as a partnership firm under the name of Infrax International pursuant to a deed of partnership dated April 27, 2019, as amended from time to time. Further, Infrax International was converted into a public limited company Infrax Renewable Limited and a fresh Certificate of Incorporation dated September 23, 2024 was issued by Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our Company is U43222GJ2024PLC155272.

1. We are engaged in providing solar Engineering, Procurement and Construction (EPC) services, including solar power solutions for Rooftop and Ground Mount solar projects. Our EPC services encompass project design, engineering, procurement, installation, testing, commissioning and comprehensive operation & maintenance services, enabling us to manage all aspects of project execution from site assessment to final commissioning. Installation is undertaken majorly by our dealers or by third parties hired by our company, as the case may be. 2. We are engaged in the supply and distribution of a wide range of solar products, including Solar PV (Photovoltaic) modules, Solar PV inverters and related solar products. 3. Our Company is also engaged in Independent Power Producer (IPP) activities through execution of Power Purchase Agreements (PPAs) with Paschim Gujarat Vij Company Limited (PGVCL) by establishing our own solar power plant situated at Bhadla (Jasdan) Gujarat for generation and sale of electricity to PGVCL. Our Company supplies above its services and products through a diversified sales and distribution network comprising authorised dealers across various regions, enabling wider market reach and efficient customer servicing. Further, our Company has been empaneled as a national vendor for implementation of solar power projects under government-sponsored schemes including the PM Surya Ghar: Muft Bijli Yojana Rooftop Solar Programme.

Infrax Renewable Ltd Key Points

Strengths

Established track record for execution of solar EPC solutions.

Strong relationship with customers.

Wide range of our products.

Financial Stability Through the PPA Model.

Established relationship with suppliers.

Risk

The Company has been recently formed by conversion of the erstwhile partnership firm into the company; thus, the company has limited operating history as a Company which may make it difficult for investors to evaluate its historical performance or future prospects.

The company's business is dependent on the continued availability of government policies, subsidies, incentives and other support mechanisms applicable to the solar sector. Any withdrawal, reduction, delay, adverse regulatory development or unfavourable modification of such policies, subsidies or incentives may adversely affect demand for its products and services, impact profitability, and consequently have a material adverse effect on the company business, results of operations, cash flows and financial condition.

The company depends on its dealers for a significant portion of the company revenue, and any decrease in revenues or sales from any one of its dealers may adversely affect the company business and results of operations.

Strategy

Invest in manufacturing capabilities.

Grow our customer base by diversifying into new geographies.

Maintaining cordial relationship with our Suppliers, Customer and employees.

Reduction of operational costs and improving operational efficiencies.

Focus on increase in volume of sale

How To Apply for Infrax Renewable Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the Infrax Renewable Ltd IPO?

close
Infrax Renewable Ltd's IPO offers shares for up to 33.81 It begins on Sep 9, 2026 and ends on Sep 11, 2026.

What is the price of the Infrax Renewable Ltd IPO?

close
The price of Infrax Renewable Ltd IPO ranges between ₹104 to ₹104 per share.

What are the open and close dates for the Infrax Renewable Ltd IPO?

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

When will the Infrax Renewable Ltd IPO be allotted?

close
The allotment for the Infrax Renewable Ltd IPO will be finalised on Sep 15, 2026. The shares will be listed on BSE and NSE on Sep 17, 2026.

What is the minimum lot size required for Infrax Renewable Ltd IPO?

close
The minimum lot size for Infrax Renewable Ltd IPO is 2400 shares, priced between ₹104 to ₹104 per share.

What is the GMP of Infrax Renewable Ltd IPO?

close
The GMP (Grey Market Premium) of Infrax Renewable Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of Infrax Renewable Ltd IPO?

close
To check the allotment status of Infrax Renewable Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the Infrax Renewable Ltd IPO getting listed?

close
The Infrax Renewable Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Sep 9, 2026, and closes on Sep 11, 2026. The allotment is finalised on Sep 15, 2026.

How do you apply for the Infrax Renewable Ltd IPO?

close
To apply for the Infrax Renewable Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

Join the Future of Trading

with BlinkX

#ItsATraderThing

Open Trading Account
Verify your phone
+91
*By signing up you agree to our terms & conditions