listed · IPO · BSE SME · listed 16 September 2026

INFRAX RENEWABLE LIMITED

Raised ₹40.88 Cr at ₹104 per share.

+1.4%

listing-day move

Issue price
₹104
Issue size
₹40.88 Cr
Listing-day close
₹105.5
Return since listing
+0.96%

Company research

Tijori Finance

Infrax Renewable Limited, incorporated in 2024, is a solar energy company engaged in EPC services for rooftop and ground-mounted solar projects. Its business segments include solar EPC, independent power generation and sale of solar products such as PV modules and inverters.

Financials — ₹ crore
Period Revenue PAT Debt
Mar 2025
30.47 Cr
2.85 Cr 3.02 Cr
Mar 2026
93.21 Cr
10.2 Cr 6.99 Cr
Revenue mix
Solar Rooftop System
47%
Solar Panel
32%
Solar Power Plant
8.4%
Solar Kit
2.6%
Solar Inverter
1.6%
Others
7.6%
Peer comparison
Company Mkt cap Revenue P/E P/B
INFRAX 150 93.21 Cr
ACMESOLAR 29,505 2,023 Cr 48.15 5.74
ALPEXSOLAR 2,282 780 Cr 11.64 4.14
SOLARIUM 294 230 Cr 13.82

Exchange filings

Fields captured from NSE and BSE
Issue information
Symbol
IRL

Data sources: BSE , MONEYCONTROL . Data quality clean.