Oneindig Technologies Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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IPO Snapshot
Key metrics and details at a glance.
Price Band
₹96
Per ShareLot Size
1200 Shares
Minimum Investment
₹1,15,200
Issue Size
₹27.65 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.09%
QIB Quota
49.78%
NII Quota
15.13%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Oneindig Technologies Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
51.33%
Promoter Holding (Post-Issue)
37.8%
Issue Type
Book Building - SME
ISIN
INE0UR501013
About the Company
Our Company is engaged in providing Engineering, Procurement and Commissioning (EPC) services, in the solar energy sector, including complete turnkey solar power solutions and associated Operations and Maintenance (O&M) services. We undertake diverse solar projects, including residential rooftop, commercial & industrial (C&I) rooftop, ground-mounted projects and solar water pumps for Private clients and Government entities. In addition to turnkey solar power solutions, we supply wide range of solar products and equipment, including Solar PV (Photovoltaic) Modules, Solar inverters, Solar pump controllers, ESS(Li-ion/Lead Acid), ACDB/DCDB.LT/ HT Panels and all kinds of wires and cables. Further, we are also engaged in Independent Power Producer activities through Power Purchase Agreements (PPAs).
Company History
Our Company was originally incorporated as "Oneindig Technologies Private Limited" as a private limited company under the provisions of the Companies Act 2013 vide Certificate of Incorporation dated November 02, 2016 from the Registrar of Companies, Central Registration Centre. Subsequently pursuant to a special resolution passed by the Shareholders at their Extraordinary General Meeting held on March 15, 2024, our company was converted from a Private Limited Company to Public Limited Company and consequently, the name of our Company was changed to "Oneindig Technologies Limited" and a Fresh Certificate of Incorporation dated June 29, 2024 was issued to our company by Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our Company is U74999HR2016PLC066271.
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY25 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 28,80,000 equity shares of face value of Rs. 10.00 each (the "Equity Shares") of Oneindig Technologies Limited ("Oneindig" or "The Company" or "The Issuer") for cash at a price of Rs. 96 per equity share including a share premium of Rs. 86 per equity share (the "Issue Price") aggregating to Rs.27.65 Crores ("The Issue") of which 1,44,000 equity shares aggregating to Rs. 1.38 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Net issue of 27,36,000 equity shares aggregating to Rs. 26.27 Crores (the "Net Issue"). The issue and the net issue will constitute 26.36% and 25.04% respectively of the post issue paid-up equity share capital of the company. Price Band: Rs. 96/- per equity share of face value Rs. 10/- each. The floor price is 9.6 times of the face value of the equity shares. Bids 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.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Established EPC player, well positioned to capitalize in a fast-growing solar industry in India.
- Strong execution track record spread across geographies.
- Efficient co-development business model.
- Disciplined project selection & execution capability.
- Strong revenue visibility backed by robust Order Book.
- The company's business is working capital intensive and requires substantial financing for its business operations. Any inability to meet the company working capital requirements or arrange necessary financing in a timely and cost-effective manner may adversely affect its operations and profitability.
- Frequent Changes in Auditors Could Adversely Affect the Reliability and Continuity of the company Financial Reporting.
- Potential risks and uncertainties associated with future development of renewable power projects on agricultural land.
- There are certain delays in reporting of statutory dues by the company. Any further such delays may attract financial penalties from the respective government authorities and in turn may have a material adverse impact on its financial condition and cash flows.
- The company's business is dependent on top 10 off-takers for the year, which have contributed 97.25%, 96.76%, 88.01%, 69.38% of its revenue from operations during the Period ended January 31, 2026 and Financial Year ended 2025, 2024 and 2023, respectively. The loss of any of these off-takers could have an adverse effect on the company's business, financial condition, results of operations and cash flows. However, the top 10 customers vary year on year subject to longevity of the contract with the Company.