About Infrax Renewable
Renewable Energy / Solar EPC
Solar EPC and renewable energy solutions company providing rooftop and ground mounted solar projects and solar products
IR
Infrax Renewable
Open
BSE SME
ABOUT COMPANY
BSE SME / Renewable Energy / Solar EPC - Solar EPC and renewable energy solutions company providing rooftop and ground mounted solar projects and solar products
PRICE BAND
Rs 104 - 104
LOT SIZE
2,400
Shares
MIN INVEST
Rs 2.5L
CUT-OFF
Rs 104
per share
Open
09 Sept 2026
Last Day
11 Sept 2026
Allotment
15 Sept 2026
Expected Refund
16 Sept 2026
Listing
17 Sept 2026
IPOGyani AI Engine - Live Prediction
0.0%
Range: 0.0% to 4.0%
Confidence: Moderate - 50%
Confidence Score - 50%
📈 GMP Trend⚓ Anchor Quality🧠 Sentiment 50/100📊 Sub 0x🏭 Renewable Energy / Solar EPC
Next refresh: --:---Updated: --:-- IST-Model: IPOGyani v2.1
Live Subscription Tracker
Real-time subscription data
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Current IPO Status: open
Issue Details
Total Issue Size
Rs 40.88 Cr
Issue Size for Retail
Rs 20.27 Cr
Fresh Issue vs OFS
Fresh Issue
Rs 33.81 Cr (83%)OFS
Rs 7.08 Cr (17%)Reservation Quota
QIB
0%
Retail
49.58%
NII
50.42%
Lead Manager
Smart Horizon Capital Advisors Pvt. Ltd.
Registrar
Bigshare Services Pvt. Ltd.
Objects of the Issue (as per DRHP)
- 1Funding capital expenditure towards purchase of machinery and equipment for the proposed manufacturing facility
- 212.29
- 3Funding working capital requirements
- 417.00
- 5General corporate purposes
- 62.03
- 7Issue expenses
- 83.00
Key Performance Indicator (KPI)
| KPI | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|
| ROE | 173.39% | 115.54% |
| ROCE | 91.39% | 63.89% |
| Debt/Equity | 1.60 | 0.44 |
| RoNW | 151.20% | 64.68% |
| PAT Margin | 9.36% | 10.94% |
| EBITDA Margin | 14.78% | 15.62% |
| Price to Book Value | 6.59 | |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.29 | 7.17 |
| P/E (x) | 11.19 | 14.50 |
| Promoter Holding | 70.64% | 49.73% |
| Market Cap | Rs 148.05 Cr. | |
Bhargv Ashvinbhai Vachhani; Gandhi Bhavik Tarunkumar; Khushboo Bhargav Vachhani
Company Financials
Financial charts load as you reach this section.
MARKET SENTIMENT SCORE
0
50
100
50
Neutral
Based on expert reviews, GMP trends & market signals
Expert Reviews & Opinions
Expert reviews for Infrax Renewable IPO will appear here once available.
Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.
Grey Market Premium
Infrax Renewable IPO GMP Today
GMP trend chart and full day-by-day history
Subscription Status
Infrax Renewable IPO Subscription
Live status, allotment chance and day-wise figures
Infrax Renewable IPO - Frequently Asked Questions
9 common questions about this IPO
01.What is the price band of Infrax Renewable IPO?
The price band of Infrax Renewable IPO is Rs 104-104 per share. The lot size is 2400 shares per lot, so the minimum retail investment is Rs 2,49,600.02.What is the GMP of Infrax Renewable IPO today?
The current Grey Market Premium (GMP) of Infrax Renewable IPO is TBA. GMP is an unofficial market signal and not a guaranteed listing price. IPOGyani updates GMP every 15 minutes from multiple grey-market sources - see the full GMP history and live trend on the dedicated GMP page.03.What is the subscription status of Infrax Renewable IPO?
Infrax Renewable IPO is subscribed 0x overall so far. See the full day-wise category breakup (Retail, NII, QIB) and the live subscription trend on the dedicated subscription page.04.When is Infrax Renewable IPO opening and closing?
Infrax Renewable IPO opens for subscription on 2026-09-09 and closes on 2026-09-11. The allotment is expected on 2026-09-15 and listing on 2026-09-17.05.What is the expected listing gain of Infrax Renewable IPO?
IPOGyani's AI model predicts a listing gain of approximately 0% for Infrax Renewable IPO. The prediction combines subscription velocity, peer-group performance, sector trends and fundamentals. This is an estimate and not investment advice.06.Should I subscribe to Infrax Renewable IPO?
Infrax Renewable IPO is currently 0x subscribed with a GMP of TBA and an AI-predicted listing gain of 0%. Read the full analysis on this page - including expert reviews, peer comparison, financials and subscription pattern - before making any investment decision.07.Who is the registrar of Infrax Renewable IPO?
The registrar of Infrax Renewable IPO is Bigshare Services Pvt. Ltd.. After allotment you can check your status on the registrar's website using your PAN or application number.08.Who are the lead managers of Infrax Renewable IPO?
The lead manager(s) of Infrax Renewable IPO is/are Smart Horizon Capital Advisors Pvt. Ltd..09.How can I apply for Infrax Renewable IPO?
You can apply for Infrax Renewable IPO via UPI through any SEBI-registered broker (Zerodha, Groww, Upstox, ICICI Direct, HDFC Sky etc.) or through ASBA via your bank's net-banking portal. Select Infrax Renewable, pick the number of lots (2400 shares per lot), enter your UPI ID, and approve the mandate before the IPO closes on 2026-09-11.
Disclaimer
IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.
AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.
GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.
Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.
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