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You are here : Equity > IPO > Closed Issues > IPO Synopsis
Details of closed issues such as Company name , Open / Close date, Offer Price, Listing Price along with Issue Size.
Infrax Renewable Ltd
Registered Office: 402-403 R K Prime-2 Mahapuja-,Dham Chok 150 Ft Rd Malviyana. , Rajkot - 360004 , Gujarat , India.
Phone : +91 78740 74000   Fax:
Email :  investor@infraxrenewable.com  
Website :  https://infraxrenewable.com
Initial public offer of 39,31,200 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Infrax Renewable Limited ("The Company" or "Infrax" or "The Issuer") at an offer price of Rs. 104 per equity share for cash, aggregating to Rs. 40.88 Crores comprising of fresh offer of 32,50,800 equity shares aggregating to Rs. 33.81 Crores ("Fresh Offer") and an offer for sale of 6,80,400 equity shares by promoters ("Selling Shareholders") aggregating to Rs. 7.07 Crores ("Offer For Sale") ("Public Offer"). The offer includes a reservation of 199,200 equity shares of face value of Rs.10/- each, at an offer price of Rs. 104 per equity share for cash, aggregating to Rs. 2.07 Crores will be reserved for subscription by the market maker to the offer (the "Market Maker Reservation Portion"). The public offer less market maker reservation portion i.e. Net offer of 37,32,000 equity shares of face value of Rs.10/- each, at an offer price of Rs. 104 per equity share for cash, aggregating to Rs. 38.81 Crores is herein after referred to as the "Net Offer". The public offer and net offer will constitute 27.61% and 26.22% respectively of the post- offer paid-up equity share capital of the company. Offer price: Rs. 104/- per equity share of face value of Rs. 10.00 each. The offer price is 10.4 times the face value of the equity shares. Applications can be made for a minimum of 2,400 equity shares and in multiples of 1,200 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
09-Sep-26 11-Sep-26 104.00-0.00 0.00-0.00
Minimum Application for shares in Nos :2400  Further Multiples of :1200

  Cr Lead Managers to the Issue
Project Cost 31.33
Smart Horizon Capital Advisors Private Limited
Project Financed through Current Offer 40.88  
Post Issue Equity Share Capital 14.24  
Issue Price 104.00  
 
Projects
Funding of capital expenditure of the Company towards purchase of machineries and equipments for proposed manufacturing facility;General corporate purposes
Funding working capital requirements of the Company
Promoted By
 Bhargv Ashvinbhai Vachhani
 Gandhi Bhavik Tarunkumar
 Khushboo Bhargav Vachhani
Listing At
 BSE - SME 
Registrar to the Issue
 Bigshare Services Pvt Ltd