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Bajaj
Listed SME

Infrax Renewable IPO Subscription Status

Infrax Renewable IPO was subscribed 1.99 times when bidding closed on 11 Sep 2026: NII 1.33x, Retail 1.93x.

The Infrax Renewable IPO has been subscribed 1.99x times overall. Retail investors have shown interest with bids for 1.93x the shares available. The Non-Institutional Investor (NII) category has been subscribed 1.33x. Within NII, Big HNI (B-HNI) subscribed 1.37x and Small HNI (S-HNI) subscribed 1.27x. Data last updated on 17 Sep, 06:31 PM.

The IPO subscription period has ended. The issue opened on 09 Sep, 2026 and closes on 11 Sep, 2026. The shares are expected to list on stock exchanges on 17 Sep, 2026.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 17 Sep 2026, 06:31 PM
Category Bid details Times
QIB 14,89,200 of 0 4 applications --
NII 27,76,800 of 20,80,800 270 applications 1.33x
bHNI — bid amount above ₹10 Lakh
18,94,800 34 applications 1.37
sHNI — bid amount ₹2–10 Lakh
8,82,000 230 applications 1.27
Retail 35,66,400 of 18,50,400 1,487 applications 1.93x
TOTAL 78,32,400 1,757 applications 1.99x

Infrax Renewable IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹104.

Applications
1,757
Allottees
1,054
Overall odds
3 out of 5
Amount collected
₹79 Cr
Category Apps Got Odds
NII (HNI) 2.20x subscribed 270 270 All
Retail 1.90x subscribed 1,487 784 1 out of 2
TOTAL 2.05x subscribed 1,757 1,054 3 out of 5

Infrax Renewable IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 1
~100% chance per PAN — 1,487 applicants for 1,542 allotment slots — every applicant should get the minimum. Winners get exactly 1 lot (₹1.2 L) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 1
~100% chance — 230 applicants for 289 allotment slots — every applicant should get the minimum. Lottery allots the minimum S-HNI application of 2 lots (₹2.5 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 1
~100% chance — 34 applicants for 578 allotment slots — every applicant should get the minimum. Lottery allots the minimum NII application of 2 lots (₹2.5 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
TBA
Often moves on final day

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 51.8% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
11 Sep 2026
Day 3
1.99x ▼
QIB- NII1.33x Retail1.93x
10 Sep 2026
Day 2
0.25x ▼
QIB- NII0.12x Retail0.4x
09 Sep 2026
Day 1
0.08x ▼
QIB- NII0.01x Retail0.16x

Infrax Renewable SME IPO dates

From the bidding window to listing. Today is 25 October.

Key dates Listed
  1. Open 09 Sep 2026
  2. Close 11 Sep 2026
  3. Allotment 15 Sep 2026
  4. Refund/credit 16 Sep 2026
  5. Listing 17 Sep 2026

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Infrax Renewable IPO?

As of IPO close date (11 Sep, 2026), the Infrax Renewable IPO is subscribed 1.99x times. Retail category is 1.93x, and NII is 1.33x subscribed.

When is the allotment date for Infrax Renewable IPO?

The allotment for Infrax Renewable IPO is expected to be finalized on 15 September, 2026.

When will Infrax Renewable IPO list on the stock market?

Infrax Renewable is scheduled to list on BSE and NSE on 17 September, 2026.

What are the chances of getting allotment in Infrax Renewable IPO?

The retail category is oversubscribed at 1.93x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

How to check Infrax Renewable IPO allotment status?

After the allotment date (15 Sep, 2026), you can check your Infrax Renewable IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
1.99x
QIB
–
NII
1.33x
Retail
1.93x
Full IPO details