Infrax Renewable SME IPO GMP History
Infrax Renewable SME IPO has been listed on September 17, 2026 at a listing price of ₹104, against the issue price of ₹104 — a gain of ₹0 (+0%). The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Infrax Renewable SME IPO raised ₹40.88 Cr. through its IPO at a price band of ₹104 per share, with a lot size of 1200 shares. The IPO was open for subscription from 09 Sep 2026 to 11 Sep 2026.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 17 Sep, 6:31 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| No GMP history available yet. | |||||
Infrax Renewable SME IPO dates
Key dates from opening to listing. Today is 25 October.
- Open 09 Sep 2026
- Close 11 Sep 2026
- Allotment 15 Sep 2026
- Refund/credit 16 Sep 2026
- Listing 17 Sep 2026
Infrax Renewable SME IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹104 |
|---|---|
| Listing gain / loss | +₹0 per share |
| Listing date | 17 Sep, 2026 |
| Actual listing price | ₹104 (+0%) |
Is Infrax Renewable SME IPO GMP reliable?
Grey market premium for Infrax Renewable SME IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Infrax Renewable SME IPO full review for a fundamentals-based assessment before making any grey market trades.
Infrax Renewable SME IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Infrax Renewable SME IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Infrax Renewable SME IPO
Infrax Renewable Limited is a solar energy company. It works in three ways.
First, it provides engineering, procurement and construction services, known as EPC, for solar power projects. This covers the complete job of design, engineering, buying the equipment, installation, testing, commissioning, running and maintaining the plant, and helping with regulatory work. It does rooftop projects for homes and ground mounted projects for commercial customers.
Second, it works as an Independent Power Producer, which means it owns a solar plant and sells the electricity. In 2026 it commissioned a 1.2 MW solar power plant at Bhadla, Jasdan, in Rajkot district of Gujarat, and sells the power to Paschim Gujarat Vij Company Limited under a 25 year power purchase agreement.
Third, it sells solar products including solar PV modules, both polycrystalline and monocrystalline, solar inverters and other related equipment, sourced from India and abroad. It sells through a dealer network to residential, commercial and industrial customers, and has been empanelled as a national vendor under the Government of India PM Surya Ghar: Muft Bijli Yojana scheme.
Frequently asked
What is the GMP of Infrax Renewable SME IPO?
The current Grey Market Premium (GMP) of Infrax Renewable SME IPO is not yet started or active in the market.
What is the Kostak Price of Infrax Renewable SME IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Infrax Renewable SME IPO is not available.
What is the Subject to Sauda Price of Infrax Renewable SME IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Infrax Renewable SME IPO?
Infrax Renewable SME IPO listed on September 17, 2026 at ₹104, against the issue price of ₹104 — a gain of +0%.
How did the GMP of Infrax Renewable SME IPO trend before listing?
The GMP of Infrax Renewable SME IPO was stable in its final days before listing. View the day-wise table above for the complete GMP history.
Explore Infrax Renewable SME IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
