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Issue Open Date
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09-Sep-26
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Issue Closing Date
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11-Sep-26
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Application Money
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100
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Allotment Money
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Price Band
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104
-
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Minimium Application No.
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2400
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Issue Size (Shares)
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4611600
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Market Lot
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1
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Objective
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1. Funding of capital expenditure of our Company towards purchase of machineries and equipments for proposed manufacturing facility; 2. Funding working capital requirements of our Company; 3. General corporate purposes.
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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Qualified Institutional Buyers
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Retail Individual Investors
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Business Description:
Currently we are supplying our services and products in various states of India includes Gujarat, Uttar Pradesh, Madhya Pradesh, Maharashtra, Rajasthan and Telangana for the financial years ended March 31, 2026. A majority of our sales are derived from the state of Gujarat. For the financial years ended March 31, 2026, 2025 and 2024, our sales from this region amounted to ? 9,079.60 Lakhs, ? 3,046.86 Lakhs and ? 965.24 Lakhs respectively, constituting 97.41%, 100.00%, and 100.00% of our Revenue from Operations for the respective periods. We intend to gradually expand our business operations across other states in India through establishment of our proposed manufacturing facility. We focus on maintaining a seamless supply chain by leveraging our expertise in procurement, designing, pricing of solar power projects and ensuring timely deliver to our customers.Our Company procures the raw materials required for providing the aforesaid services from domestic suppliers located across Gujarat, Madhya Pradesh, Rajasthan, Telangana, Maharashtra and Uttar Pradesh based on project specifications, technical requirements and commercial considerations. As of March 31, 2026, we operated 3 warehouses situated at Rajkot, Ahmedabad and Kanpur, where raw materials are stored for execution of our services. Further, we have a presence across 4 states in India namely Gujarat, Maharashtra, Madhya Pradesh and Uttar Pradesh through our branch offices.
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Promoter's Holding
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Total Share Capital
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7760000
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Offered to Public
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3931200
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Promoter's Holding (Pre-Issue)
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70.64
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Promoter's Holding (Post-Issue)
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Address |
402-403
R K Prime 2
Mahapuja Dham Chok
150 Feet Road
Malviyanagar
Rajkot
,
Gujarat
,
360004
Phone :
7874074000
Email :
investor@infraxrenewable.com
Website :
https://infraxrenewable.com
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Registrar |
Bigshare Services Pvt Ltd
G 10 Left Wing Amruta Village
Opp: Yashoda Hospital
Raj Bhavan Road
Somajiguda
Hyderabad
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Listed at |
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BSE
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Lead Manager |
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Smart Horizon Capital Advisors Pvt Ltd.
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Promoters |
Bhargv Ashvinbhai Vachhani
Gandhi Bhavik Tarunkumar
Khushboo Bhargav Vachhani
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