The allotment status for the ₹40.88 crore Infrax Renewable IPO is anticipated to be announced today, September 15, 2026. Investors can check their IPO allotment status on the official websites of the BSE, and the IPO registrar, Bigshare Services Private Limited.
Following the completion of the allotment process, the shares are tentatively to be listed on the BSE SME platform on September 17, 2026.
Explore other Upcoming IPOs on BSE and NSE.
[September 11, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Non-Institutional Investors (NIIs) |
1.39x |
|
Retail Individual Investors (RIIs) |
1.90x |
|
Total |
2.05x |
Incorporated in 2024, Infrax Renewable Limited provides EPC services for rooftop and ground-mounted solar projects, covering design, engineering, procurement, installation, commissioning, and maintenance. It also supplies solar PV modules, inverters, and related products through its dealer network.
It operates as an Independent Power Producer (IPP) through its solar plant in Bhadla, Gujarat, supplying electricity to PGVCL. The company is also an empanelled vendor for government solar schemes, including the PM Surya Ghar: Muft Bijli Yojana.
|
Particulars |
FY26 (in ₹ crore) |
FY25 (in ₹ crore) |
FY24 (in ₹ crore) |
|
Revenue from operations |
93.22 |
30.47 |
9.65 |
|
EBITDA |
14.56 |
4.50 |
1.76 |
|
Profit After Tax (PAT) |
10.20 |
2.85 |
0.96 |
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