Infrax Renewable IPO Listing Details
| Listing Date | September 17th, 2026 |
| BSE Code | 544919 |
| ISIN Code | INE1YC401018 |
| Offer Price | ā¹104 |
| Face Value | ā¹10 |
| Listing Price | ā¹104Ā |
Details About Infrax Renewable IPO
Infrax Renewable received approval from SEBI for an IPO of ā¹40.88 crores, which comprises of fresh issue of ā¹33.81 crores and an offer for sale of up to 6,80,400 equity shares with a face value of ā¹10 each. Infrax Renewable IPO price band is ā¹104 per share.
Retail Individual Investors (RII):
- Minimum application: 2 lots = 2400 shares
- Maximum application: 2 lots = 2400 shares
Small High Net-worth Individuals (S-HNI):
- Minimum application: 3 lots = 3600 shares
To invest in the Infrax Renewable IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ā¹2,49,600.
- Retail investors: Maximum investment of ā¹2,49,600.
- Small HNI (S-HNI): Minimum investment of ā¹3,74,400.
Infrax Renewable Subscription duration
Infrax Renewable IPO started on September 9, 2026, and closed on September 11, 2026. The investorsā allotment date was September 15, 2026, and they received a refund on September 16, 2026. The Infrax Renewable IPO listing date is September 17, 2026.
Object of the Issue
- A portion of the funds will be used towards the purchase of machinery and equipment for the proposed manufacturing facility.
- Working capital requirements of the Company and general corporate purposes.
About Infrax Renewable Company
Incorporated in September 2024, Infrax Renewable is an EPC company that offers solar energy solutions, including rooftop and Ground-mounted solar projects. Its product range includes the manufacturing of a wide range of solar products, including solar PV modules, inverters, and related equipment.
Infrax Renewable products cater to customers across residential, commercial, and industrial segments. The firm operates its business via 3 different models: EPC services, offering end-to-end solar solutions, from planning and designing to installation; Independent Power Producer (IPP), selling solar electricity through its own solar power plant in Gujarat; and supplying various solar products, including Solar PV Modules, Solar PV Inverters, and other solar products.
