Infrax Renewable IPO Subscription Status
Final figures at close of bidding: 17 Sept 2026, 6:30 pm IST
| Category | Subscription |
|---|---|
| NII | 1.39x |
| Retail (RII) | 1.9x |
| Total | 2.05x |
Bidding day 3
Day-wise subscription
| Day | NII | Retail | Total |
|---|---|---|---|
| Day 1 | 0.01x | 0.16x | 0.08x |
| Day 2 | 0.03x | 0.39x | 0.21x |
| Day 3 | 1.39x | 1.9x | 2.05x |
Times subscribed per category (bids vs shares offered, anchor portion excluded). Bidding has closed — these are the final figures.
How the book filled
Day-by-day demand
Demand in the Infrax Renewable IPO accumulated over 3 days of bidding: overall subscription stood at 0.08× at the close of day 1, read 0.21× at the end of day 2, and finished at 2.05× on day 3. On the final day it was retail investors driving the book, at 1.9× of the shares set aside for the category. More than half of the final demand arrived after day 1 — a late-building book. The largest single-day addition came on day 3, when the overall multiple moved from 0.21× to 2.05×.
Category detail
Non-institutional investors came in at 1.39×. Retail investors put in bids for 1.9× the shares reserved for them. That puts retail investors at the top of the book at 1.9× and non-institutional investors (NII) at the bottom at 1.39×.
What the multiple means for allotment
Retail bids ran to about 1.9 times the shares earmarked for the category. When a retail book is oversubscribed, the registrar does not allot proportionately — allotment runs as a computerised lottery among all valid applications, with each successful application receiving at least one lot of 1200 shares — ₹1,24,800 of stock at the upper band. The multiple above is the data point that determines how thinly that draw is spread; it describes the final book, not the outcome of any single application.
Frequently asked questions
- When does the Infrax Renewable IPO open and close?
- The Infrax Renewable IPO opens on 9 Sept 2026 and closes on 11 Sept 2026.
- How many times was the Infrax Renewable IPO subscribed?
- The Infrax Renewable IPO was subscribed 2.05 times in total across all investor categories.
- What is the reservation split in the Infrax Renewable IPO?
- Of the total shares offered, retail investors get 50.42%, non-institutional investors 49.58%.