Infrax Renewable IPO Day 2 Subscription Status: Issue Subscribed 0.21 Times

Authored By HDFC SKY | Published at: Sep 10, 2026 07:08 PM IST

Infrax Renewable IPO Day 2 subscription stood at 0.21x overall, with Retail at 0.39x and NII at 0.03x as of 5:09:29 PM on September 10, 2026.

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Mumbai, September 10: The Infrax Renewable IPO saw subscription activity pick up on the second day of bidding, taking the overall subscription to 0.21 times by the evening of September 10, 2026. The ₹40.88 crore issue consists of a fresh issue of 32.51 lakh shares worth ₹33.81 crore and an offer for sale of 6.80 lakh shares aggregating to ₹7.08 crore.

The IPO opened on September 9 and will remain open for subscription until September 11, 2026. The issue price has been fixed at ₹104 per share.

Infrax Renewable IPO Day 2 Subscription Status

The Infrax Renewable IPO was subscribed 0.21 times overall by 5:09:29 PM on September 10, 2026, based on the shares offered across investor categories.

Retail investors saw the highest subscription among the categories available in the snapshot, with the portion subscribed 0.39 times. The NII segment stood at 0.03 times, while the QIB figure was not available in the snapshot.

Investor Category	Subscription
QIB	–
NII/HNI	0.03x
Retail	0.39x
Total	0.21x

Category-wise Infrax Renewable IPO Subscription Status

Retail investors placed bids for 7,41,600 shares against 18,81,600 shares on offer, taking the category’s subscription to 0.39 times. The NII segment received bids for 56,400 shares against 18,50,400 shares offered, resulting in a subscription of 0.03 times.

Category	Day 2 Subscription
QIB, excluding anchor	–
NII	0.03x
Retail	0.39x
Total	0.21x

Infrax Renewable Day-Wise Subscription Summary

The IPO had recorded a subscription of 0.08 times at the end of Day 1. By 5:09:29 PM on September 10, the overall subscription had moved up to 0.21 times, with the Retail and NII categories both registering higher subscription levels than on the previous day.

IPO Day	NII	Retail	Total
Day 1, September 9	0.01x	0.16x	0.08x
Day 2, September 10	0.03x	0.39x	0.21x

Infrax Renewable IPO Timeline

IPO Event	Date
Issue Open Date	September 9 2026
Issue Close Date	September 11 2026
Basis of Allotment Date	September 15 2026
Initiation of Refunds	September 16 2026
Credit of Shares	September 16 2026
Listing Date	September 17 2026

Brief Overview Of The IPO

Infrax Renewable is raising ₹40.88 crore through the IPO, which comprises a fresh issue of 32.51 lakh shares aggregating to ₹33.81 crore and an offer for sale of 6.80 lakh shares worth ₹7.08 crore.

The issue price has been set at ₹104 per share, with a face value of ₹10 per share. The lot size is 1,200 shares. Retail investors can apply for a minimum of two lots, or 2,400 shares, which requires an investment of ₹2,49,600 at the issue price.

The IPO opened on September 9, 2026, and will close on September 11, 2026. The shares are scheduled to list on the BSE SME platform on September 17, 2026. Smart Horizon Capital Advisors Pvt. Ltd. is the book running lead manager, while Bigshare Services Pvt. Ltd. is the registrar.

Source:

https://www.bseindia.com/markets/publicIssues/DisplayIPO?id=4808&type=FPO&idtype=1&status=L&IPONo=7957&startdt=09%2F09%2F2026

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