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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Infrax Renewable Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹104
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,24,800
Issue Size
₹40.88 Cr
Face Value
₹10
Per ShareIPO Type
Fixed Price - SME
Retail Quota
49.58%
QIB Quota
0%
NII Quota
50.42%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
70.64%
Promoter Holding (Post-Issue)
49.73%
Issue Type
Fixed Price - SME
ISIN
INE1YC401018
Our Company is an ISO 9001:2015 certified. 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.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 39,31,200 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Infrax Renewable Limited ("The Company" or "Infrax" or "The Issuer") at an offer price of Rs. 104 per equity share for cash, aggregating up to Rs. 40.88 Crores comprising of fresh offer of 32,50,800 equity shares aggregating to Rs. 33.81 Crores ("Fresh Offer") and an offer for sale of 6,80,400 equity shares by promoters ("Selling Shareholders") aggregating to Rs. 7.07 Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of 199,200 equity shares of face value of Rs.10/- each, at an offer price of Rs. 104 per equity share for cash, aggregating Rs. 2.07 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of 37,32,000 equity shares of face value of Rs. 10/- each, at an offer price of Rs. 104 per equity share for cash, aggregating to Rs. 38.81 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.61% and 26.22% respectively of the post- offer paid-up equity share capital of the company. Offer price: Rs. 104/- per equity share of face value of Rs. 10.00 each. The offer price is 10.4 times the face value of the equity shares. Applications can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
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.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.