Hamburger

Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Infrax Renewable Ltd
Registered Office: 402-403 R K Prime-2 Mahapuja-, Dham Chok 150 Ft Rd Malviyana., Rajkot - 360004, Gujarat
Phone: 1
Email:
Website: 1
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-2026 11-Sep-2026 104.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 31.33
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;
Funding working capital requirements of the Company
General corporate purposes
Promoted By
Bhargv Ashvinbhai Vachhani
Gandhi Bhavik Tarunkumar
Khushboo Bhargav Vachhani
BSE - SME
Registrar to the Issue
Bigshare Services Pvt Ltd
Attention Investor
As per CDSL communiqué, kindly update your Email ID, Mobile Number and Income Range in your CDSL Demat Account on or before 31st May 2021. Non-compliant accounts will become inactive after 31st May 2021.  |  Prevent unauthorized transactions in your Demat account by updating your registered mobile number with your Depository Participant. Receive alerts for all debit and other important transactions directly from CDSL.  |  No need to issue cheques while subscribing to an IPO. Simply authorize your bank account in the application form.  |  KYC is a one-time process. Once completed through a SEBI-registered intermediary, you do not need to repeat it with another intermediary.  |  Update your mobile number and email ID with your stock broker to receive transaction alerts directly from the Exchange.