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Infrax Renewable Ltd. IPO
IPO Timeline
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9 Sep 2026Bidding Starts
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11 Sep 2026Bidding Ends
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15 Sep 2026Allotment Finalization
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17 Sep 2026Listing
About Infrax Renewable Ltd.
The 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. the 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 the dealers or by third parties hired by the 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. the 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 the own solar power plant situated at Bhadla (Jasdan) Gujarat for generation and sale of electricity to PGVCL. the 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, the 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.
Infrax Renewable Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Market Makers | 1,99,200 (5.07%) |
| Non Institutional Investors | 18,50,400 (47.07%) |
| Retail Individual Investors (RIIs) | 18,81,600 (47.86%) |
Infrax Renewable Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2026 | 93.33 Cr | 10.20 Cr | 14.52 Cr |
| 31 Mar 2025 | 30.48 Cr | 2.85 Cr | 88.61 Lakh |
| 31 Mar 2024 | 9.66 Cr | 95.76 Lakh | 0 |
Infrax Renewable Ltd. Background
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2019Formed as a Partnership Firm in the name of “Infrax International”.
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2024Conversion of Partnership Firm into Public Limited Company in the name of “Infrax Renewable Limited”.
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2026In the year 2026, the Company commenced operations in a new business segment, namely IPP (Independent Power Producer) and serve over 5,000 customers.
The Offer comprises of fresh offer of 32,50,800 Equity Shares of face value Rs.10, aggregating to Rs.3,380.83 Lakhs by the
Company and an Offer for Sale of 6,80,400 equity shares of face value Rs.10, aggregating to Rs.707.62 lakhs by Promoter
Selling Shareholders.
OFFER FOR SALE
The Company will not receive any proceeds from the Offer for Sale by the Promoter Selling Shareholders. However, except
for the listing fees and market making fees which shall be solely borne by the Company, all offer expenses will be shared,
upon successful completion of the Offer, between the Company and the Promoter Selling Shareholders on a pro-rata basis,
in proportion to the Equity Shares offered and allotted by the Company in the Fresh Offer and the offered shares sold by
the Promoter Selling Shareholders in the Offer for Sale. The proceeds of the Offer for Sale, shall be received by the Promoter
Selling Shareholders to their respective portion of the proceeds from the Offer for Sale in proportion of the Equity Shares
offered by the respective Promoter Selling Shareholders as part of the Offer for Sale and, will not form part of the Net
Proceeds.
FRESH OFFER
The Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
1. Funding of capital expenditure of the Company towards purchase of machineries and equipments for proposed manufacturing facility.
2. Funding working capital requirements of the Company.
3. General corporate purposes.
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | ₹ 104.00 | - |
| Open | ₹ 104.00 | - |
| Low | ₹ 99.00 | - |
| High | ₹ 107.95 | - |
| Last Trade | ₹ 105.50 | - |
The Promoters of the Company are :
1. Mr. Bhargv Ashvinbhai Vachhani
2. Mr. Gandhi Bhavik Tarunkumar
3. Ms. Khushboo Bhargav Vachhani
The Company as a leading EPC provider in the renewable energy sector, Infrax Renewable Limited delivers tailored solutions designed to meet ythe specific energy demands with maximum efficiency. Backed by industry-certified engineers and extensive manufacturing expertise, we utilize top-tier ... Read more
Phone no:7874074000
FAQs
When does Infrax Renewable Ltd. IPO opens and closes?
Infrax Renewable Ltd. IPO opens from 9th September to 11th September 2026.What is the size of Infrax Renewable Ltd. IPO?
The size of the Infrax Renewable Ltd. IPO is ₹40.88 Cr.What is the minimum investment and lot size required for the Infrax Renewable Ltd. IPO?
The minimum investment required is ₹1,24,800 and minimum lot size is 1200 shares.When is Infrax Renewable Ltd. IPO listing date?
The Infrax Renewable Ltd. IPO will be listed on 17th September 2026.What is the objective of Infrax Renewable Ltd. IPO?
The Offer comprises of fresh offer of 32,50,800 Equity Shares of face value Rs.10, aggregating to Rs.3,380.83 Lakhs by theCompany and an Offer for Sale of 6,80,400 equity shares of face value Rs.10, aggregating to Rs.707.62 lakhs by Promoter
Selling Shareholders. OFFER FOR SALE
The Company will not receive any proceeds from the Offer for Sale by the Promoter Selling Shareholders. However, except
for the listing fees and market making fees which shall be solely borne by the Company, all offer expenses will be shared,
upon successful completion of the Offer, between the Company and the Promoter Selling Shareholders on a pro-rata basis,
in proportion to the Equity Shares offered and allotted by the Company in the Fresh Offer and the offered shares sold by
the Promoter Selling Shareholders in the Offer for Sale. The proceeds of the Offer for Sale, shall be received by the Promoter
Selling Shareholders to their respective portion of the proceeds from the Offer for Sale in proportion of the Equity Shares
offered by the respective Promoter Selling Shareholders as part of the Offer for Sale and, will not form part of the Net
Proceeds. FRESH OFFER
The Company proposes to utilize the Net Proceeds from the Fresh Offer towards funding the following objects:
1. Funding of capital expenditure of the Company towards purchase of machineries and equipments for proposed manufacturing facility.
2. Funding working capital requirements of the Company.
3. General corporate purposes.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
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