Minimum Investment
₹124,800
Price Range
₹104
Lot Size
1200 shares
Issue Size
₹41 Cr
About the Company
Incorporated in September 2024, 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.
Fixed Price IPO
IPO Objectives
- 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
Important Dates
| Bid/Offer Opens On | 09-09-2026 |
| Bid/Offer Closes On | 11-09-2026 |
| Finalisation of Basis of Allotment | 15-09-2026 |
| Initiation of Refunds | 16-09-2026 |
| Credit of Shares to Demat | 16-09-2026 |
| IPO Listing Date | 17-09-2026 |
Grey Market Premium (GMP)
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Registrar
Bigshare Services Pvt.Ltd.
Lead Managers
- Smart Horizon Capital Advisors Pvt.Ltd.
Company Promoters
- Bhargv Ashvinbhai Vachhani
- Gandhi Bhavik Tarunkumar and Khushboo Bhargav Vachhani.
