Infrax Renewable IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.01 | 0.03 | 1.39 |
| RII | 0.16 | 0.39 | 1.90 |
| Total | 0.08 | 0.21 | 2.05 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Infrax Renewable IPO minimum market lot is 2400 shares with ₹2,49,600 application amount. The Infrax Renewable IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Infrax Renewable, founded in September 2024, is an Engineering, Procurement, and Construction (EPC) firm focused on providing 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.
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. Infrax Renewable products cater to customers across residential, commercial, and industrial segments.
Infrax Renewable IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Infrax Renewable IPO Review and Rating
- May Apply For Long-term View
Infrax Renewable IPO Form
How to apply for the Infrax Renewable IPO? You can apply for Infrax Renewable IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Infrax Renewable IPO in the Invest section. The other option is you can apply for Infrax Renewable IPO via IPO forms downloaded online. Check out the Infrax Renewable forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.