Infrax Renewable Ltd IPO was priced at ₹104 per share with an issue size of ₹41 crore. The IPO opened on Sep 09, 2026 and closed on Sep 11, 2026, with a lot size of 1,200 shares and a minimum investment of ₹2,49,600.
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| Price Band | ₹104.00 per share |
| Lot Size | 1200 shares |
| Min Investment | ₹2,49,600 |
| Total Issue Size | ₹41.00 crore |
| Shares Offered | 39,31,200 |
| Issue Structure | Fresh Issue + Offer for Sale |
| Issue Type | Fixed Price IPO |
| Lead Manager(s) | Smart Horizon Capital Advisors Pvt.Ltd. |
| Registrar | Bigshare Services Pvt.Ltd. |
| Listing At | BSE SME |
Issue price ₹104 · lot size 1200 shares · no GMP recorded, so estimated profit is nil
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 1,200 | ₹1,24,800 | ₹1,24,800 | ₹0 |
| S-HNI (Min) | 2 | 2,400 | ₹2,49,600 | ₹2,49,600 | ₹0 |
| S-HNI (UPI limit) | 4 | 4,800 | ₹4,99,200 | ₹4,99,200 | ₹0 |
| S-HNI (Max) | 8 | 9,600 | ₹9,98,400 | ₹9,98,400 | ₹0 |
| B-HNI (Min) | 9 | 10,800 | ₹11,23,200 | ₹11,23,200 | ₹0 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹93.33 Cr |
| Profit After Tax | ₹10.20 Cr |
| Net Worth | ₹15.77 Cr |
Promoters: Bhargv Ashvinbhai Vachhani, Gandhi Bhavik Tarunkumar, Khushboo Bhargav Vachhani
| Promoter Holding (Pre-Issue) | 70.64% |
| Promoter Holding (Post-Issue) | 49.73% |
Infrax Renewable Limited is a solar energy company engaged in providing Engineering, Procurement and Construction (EPC) services for rooftop and ground-mounted solar power projects. The company also supplies a wide range of solar products, including solar PV modules, inverters, and related equipment, and operates as an Independent Power Producer (IPP) through its own solar power plant in Gujarat under a Power Purchase Agreement (PPA) with PGVCL.
Commissioned a 1.2 MW solar power plant at Bhadla, Jasdan, Rajkot, Gujarat in 2026.
| Founded | 2024-09-01 |
| Headquarters | Rajkot, Gujarat |
| Industry | Solar Energy |
| Website | https://infraxrenewable.com/ |
| Registrar | Bigshare Services Pvt.Ltd. |
| Phone | 8657578989/8069219065/8069219060 |
| [email protected] |
11 answers about Infrax Renewable Ltd IPO — dates, pricing, allotment and listing.
Infrax Renewable Ltd IPO is a fixed price ipo of ₹41 crore. The issue was priced at ₹104 per share, with a lot size of 1,200 shares. Bidding ran from Wed, 09 Sep 2026 to Fri, 11 Sep 2026, with shares listed on BSE SME.
The price band was ₹104 per share.
One lot was 1,200 shares. Bids had to be placed in multiples of 1,200.
A retail investor needed at least ₹2,49,600 – one lot of 1,200 shares at ₹104.
Infrax Renewable Ltd IPO opened on Wed, 09 Sep 2026 and closed on Fri, 11 Sep 2026.
Allotment was finalised on Tue, 15 Sep 2026.
Infrax Renewable Ltd shares were listed on Thu, 17 Sep 2026 on BSE SME.
The company intended to use the net proceeds towards funding of capital expenditure of the company towards purchase of machineries and equipments for proposed manufacturing facility, funding working capital requirements of the company, general corporate purposes and issue expenses.
Smart Horizon Capital Advisors Pvt.Ltd. is the book running lead manager. Bigshare Services Pvt.Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Infrax Renewable Ltd IPO subscription page, and on the BSE and NSE websites.
From Tue, 15 Sep 2026, check the Infrax Renewable Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.