· SME · BSE
Price Band
₹104–104
Lot Size
1200 shares
Issue Size
₹40.88 Cr
Min. Investment
₹1,24,800
Indicative, updates through the day
Cap price plus current GMP: ₹104 — arithmetic, not a forecast
Subscription data will appear once bidding opens.
Infrax Renewable IPO is an SME issue scheduled to open for subscription on 9 September 2026, listing on BSE. The issue price band is fixed at ₹104–₹104 per equity share with a minimum market lot size of 1200 shares, bringing the total issue size to ₹40.88 Cr. At the upper price band, the minimum retail application requires one lot amounting to ₹1,24,800.
No meaningful grey market premium is actively quoted for Infrax Renewable IPO at this stage. For an SME issue that is yet to open, this is standard until anchor book allocations and institutional bids build volume. A missing premium is not negative sentiment; it reflects lower off-market liquidity. Read our complete guide to IPO GMP mechanics.
The minimum investment for retail investors is one lot of 1200 shares (approx. ₹1,24,800 at the cut-off price). Applications must be submitted using ASBA via Net Banking or the UPI Mandate route through registered stockbrokers (Zerodha, Groww, Angel One, Upstox).
The official registrar appointed for this issue is Bigshare Services Pvt. Ltd., with the basis of allotment scheduled for finalization on 15 September 2026 and listing expected on 17 September 2026. Once declared, you can check your allotment status on our IPO Allotment Checker using your PAN or Application Number. If you are not allotted shares, the ASBA block on your bank funds is automatically released by T+2 day.
| Category | Shares Offered | % |
|---|---|---|
| NII (HNI) | 18,81,600 | 50.42% |
| Retail | 18,50,400 | 49.58% |
| Market Maker | 1,99,200 | 0% |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 2400 | ₹2,49,600 |
| Individual investors (IND) (Max) | 2 | 2400 | ₹2,49,600 |
| HNI (Min) | 3 | 3600 | ₹3,74,400 |
EPS (Pre IPO)
9.29
EPS (Post IPO)
7.17
ROE
64.68%
P/E (Pre IPO)
P/E (Post IPO)
Price / Book
Market Cap
-
| Company | P/E | ROE | Revenue |
|---|---|---|---|
| Oneindig Technologies Ltd. | 18.53 | ₹27.65 Cr | |
| Leapfrog Engineering Services Ltd. | 15.19 | ₹88.51 Cr | |
| Safety Controls & Devices Ltd. | 12.3 | ₹48.00 Cr | |
| Srinibas Pradhan Constructions Ltd. | 9.15 | ₹20.32 Cr | |
| GRE Renew Enertech Ltd. | 15.72 | ₹39.56 Cr | |
| E to E Transportation Infrastructure Ltd. | 15.44 | ₹84.22 Cr |
Infrax Renewable Ltd. Address
Bigshare Services Pvt. Ltd.