Infrax Renewable IPO

Incorporated in September 2024, Infrax Renewable Limited is a solar energy company engaged in providing Engineering, Procurement and Construction (EPC) services for rooftop and ground-mounted solar power projects. The company also supplies a wide range of solar products, including solar PV modules, inverters, and related equipment, and operates as an Independent Power Producer (IPP) through its own solar power plant in Gujarat under a Power Purchase Agreement (PPA) with PGVCL. Business Operations : The company offers end-to-end solar solutions covering project design, engineering, procurement, installation, testing, commissioning, and operation & maintenance (O&M) services. It serves customers across residential, commercial, and industrial segments through an extensive dealer network and has been empanelled as a national vendor under the PM Surya Ghar: Muft Bijli Yojana. Infrax currently operates warehouses in Rajkot, Ahmedabad, and Kanpur, along with branch offices across Gujarat, Maharashtra, Madhya Pradesh, and Uttar Pradesh, with services supplied across multiple Indian states. As of March 31, 2026, the team comprised 52 permanent employees. Competitive Strengths:

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: #: Issue Objects 1: Funding of capital expenditure of the Company towards purchase of machineries and equipments for proposed manufacturing facility 2: Funding working capital requirements of the Company 3: General corporate purposes 4: Issue Expenses : Total

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