Oneindig Technologies IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 1.05x |
| NII | 2.4x |
| sNII (₹2L–₹10L) | 2.43x |
| bNII (above ₹10L) | 2.39x |
| Retail (RII) | 1.84x |
| Total | 1.73x |
Bidding day 5 · final figures at close of bidding: 6 Aug 2026, 6:30 pm IST
IPO Details
- Open Date
- 30 Jul 2026
- Close Date
- 3 Aug 2026
- Listing Date
- 6 Aug 2026
- Face Value
- ₹10
- Fresh Issue
- ₹26.27 Cr
- OFS
- ₹0 Cr
- Listing On
- BSE
- Registrar
- Maashitla Securities
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,30,400 |
| HNI (Min) | 3 | 3,600 | ₹3,45,600 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 8,16,000 | 29.82% |
| QIB (ex-anchor) | 5,46,000 | 19.96% |
| NII | 4,14,000 | 15.13% |
| — sNII (< ₹10L) | 1,38,000 | 5.04% |
| — bNII (> ₹10L) | 2,76,000 | 10.09% |
| Retail | 9,60,000 | 35.09% |
| Total | 27,36,000 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2025 | 46.14 | 4.17 | 6.87 | 14.68 | 35.53 | 6.96 | — |
| Jan 2026 (interim) | 57.56 | 6.16 | 10.52 | 20.65 | 88.99 | 50.77 | 5.18 |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March. Interim periods cover part of a year and are not comparable to the full-year rows.
KPIs & Valuation
- P/E (pre-issue)
- 18.53x
- P/E (post-issue)
- 14.18x
- RoNW
- 34.89%
- RoE
- 34.89%
- RoCE
- 14.71%
- EPS (pre-issue)
- ₹5.18
- EPS (post-issue)
- ₹6.77
- EBITDA Margin
- 18.31%
- P/BV
- 3.74x
- NAV / share
- ₹25.67
- Market Cap
- ₹104.87 Cr
As of 31 Jan 2026 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| To meet working capital requirements | ₹20 Cr |
| General Corporate Purposes | ₹3.99 Cr |
| Issue Expenses | ₹3.66 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| Book Running Lead Manager Fee | ₹0.4 Cr |
| Underwriting Commission | ₹1.38 Cr |
| Fees payable to Market maker (For Three Years) | ₹0.1 Cr |
| Brokerage and selling commission | ₹0 Cr |
| Selling & Distribution Expenses | ₹1.38 Cr |
| Fees payable to Registrar to the Issue | ₹0.01 Cr |
| Fees Payable for Advertising and Publishing Expenses | ₹0.06 Cr |
| Fees Payable to Regulators including Stock Exchanges | ₹0.16 Cr |
| Payment for Printing & Stationery, Postage, etc | ₹0.01 Cr |
| Fees Payable to Statutory Auditor, Peer review Auditor, Legal Advisors and Practicing Company Secretary | ₹0.06 Cr |
| Others (Commission/processing fee for SCSBs, Syndicate, RTAs, Sponsor Bank and Banker(s) to the Issue | ₹0.09 Cr |
Promoters & Shareholding
Promoters: <p>Manoj Agarwal, Seema Agarwal</p>
- Holding (pre-issue)
- 51.33%
- Holding (post-issue)
- 37.8%
- Dilution
- 13.53%
Documents
Anchor Investors
| Investor | Category | Shares | Price | Amount ₹Cr | Allocation |
|---|---|---|---|---|---|
| LRSD SECURITIES PVT.LTD. | Other | 4,05,600 | ₹96 | 3.89 | 49.71% |
| RADIANT GLOBAL FUND-CLASS B PARTICIPATING SHARES | FII/FPI | 2,05,200 | ₹96 | 1.97 | 25.15% |
| LONGTHRIVE CAPITAL VCC-TRENDVIEW CAPITAL FUND | Other | 2,05,200 | ₹96 | 1.97 | 25.15% |
Anchor bidding took place on 29 Jul 2026. Anchor lock-in: 50% of shares unlock on 3 Sept 2026, the remainder on 2 Nov 2026.
Peer Comparison
| Company | EPS (₹) | NAV (₹) | P/E | RoNW | Statements |
|---|---|---|---|---|---|
| Oneindig Technologies | 5.22 | — | — | 37.58% | Consolidated |
| Ganesh Green Bharat Limited | 13.14 | — | — | 23.04% | Consolidated |
| Solarium Green Energy Limited | 11.65 | — | — | 22.95% | Consolidated |
| Zodiac Energy Limited | 13.28 | — | — | 27.71% | Consolidated |
Peer group as disclosed in the offer document, figures as of 31 Mar 2025. The issuer’s P/E is computed at the upper price band.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Listing Performance
About the Oneindig Technologies IPO
The Oneindig Technologies SME IPO is open between 30 Jul 2026 and 3 Aug 2026, offered at a price band of ₹91–96 per share, and is set to list on BSE. The IPO seeks to raise ₹27.65 crore. Retail investors bid in lots of 1200 shares, a minimum application of ₹2,30,400.
Issue structure
The IPO is structured entirely as a fresh issue of ₹26.27 crore, so the full proceeds flow to the company to fund its stated objects of the issue.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward to meet working capital requirements (₹20 crore), alongside general corporate purposes (₹3.99 crore). In all, 3 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Oneindig Technologies reported revenue of ₹57.56 crore and a net profit of ₹6.16 crore. Revenue grew from ₹46.14 crore in FY2025 to ₹57.56 crore in FY2026 (+25.0%). Net worth stood at ₹20.65 crore at the end of FY2026. At the upper band, that puts the issue at roughly 18.5× FY2026 earnings (P/E), a figure worth comparing against listed peers in the sector.
Valuation
At the upper band, the issue is priced at 14.18× post-issue earnings and 3.74× book value, against a return on net worth of 34.89%. These ratios come from the offer document and are for comparison, not a recommendation.
Promoters
The promoters of the company are <p>Manoj Agarwal, Seema Agarwal</p>. Promoter holding stands at 51.33% before the issue and comes down to 37.8% after listing.
Grey market premium (GMP)
In the unofficial grey market, Oneindig Technologies shares are quoted at a premium of ₹7 implying an expected listing around ₹103, about +7.3% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Oneindig Technologies IPO was subscribed 1.73 times overall. The strongest demand came from non-institutional investors (NII) at 2.4 times, with qualified institutional buyers (QIB) at 1.05× and retail investors at 1.84×.
Listing performance
Oneindig Technologies listed on 6 Aug 2026 at ₹120, a premium of +25.0% over the issue price of ₹96.
What to weigh
When evaluating the Oneindig Technologies IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Oneindig Technologies
Oneindig Technologies is a leading Engineering, Procurement, and Commissioning (EPC) company specializing in the solar energy sector. Its core offerings include end-to-end turnkey solar power solutions and comprehensive Operations & Maintenance (O&M) services across various segments, including: Residential Rooftop Systems Commercial & Industrial (C&I) Rooftop Installations Ground-Mounted Solar Projects Solar Water Pumping Solutions In addition to EPC services, the company supply a wide range of high-quality solar products and components such as: Solar PV Modules Solar Inverters Solar Pump Controllers Energy Storage Systems (ESS – Li-ion / Lead Acid) ACDB/DCDB, LT/HT Panels Wires and Cables The company also engage in Independent Power Producer (IPP) activities through Power Purchase Agreements (PPAs) . Business Segments: Based on Services Offerings : Solar EPC Business, Turnkey Solar Project Development. Turnkey solar services and Solar EPC Business, etc. Based on business verticals: B2B segment, B2B tie-ups in solar projects with businesses and in B2G segment, the company is actively engaged in Government schemes like PM Kusum and PMSGMBY, and in B2C segment, comprehensive range of customized solar power solutions are offered for catering to diverse customer needs Based on Business Models : CAPEX model - Engineering, Procurement, Commissioning, and operation of solar projects and RESCO model The company has successfully completed 17 major ground-mounted solar projects with a total project value exceeding ₹19 Crore . Also, delivered various rooftop solar projects for private and government clients. And installed 500+ solar pumps in Haryana and the Union Territory of Jammu & Kashmir. Its product range includes AC & DC pumps , surface & submersible models (2 HP to 15 HP), tailored for diverse agricultural and irrigation needs. Geographical Presence: Successfully executed solar installations across numerous Indian states, including Delhi, Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Punjab, Uttarakhand, Telangana, Arunachal Pradesh, Odisha, West Bengal , and the Union Territory of Jammu & Kashmir . Strengths Growing Market Demand Government Subsidy & Regulatory Support Technical Expertise & Turn key Capabilities Sustainability Focus Predictable Revenue Models
Oneindig Technologies — Contact Details
- Registered office
- V-503, Atrium, VIVANTA by Taj Hotel Complex, Shooting Range Road, Suraj Kund, Delhi NCR, Faridabad, Haryana, 121009
- Phone
- 9810484146
- info@oneindig.tech
- Website
- www.oneindig.tech/
- Registrar (IPO queries)
- investor.ipo@maashitla.com
Frequently asked questions
- What is the Oneindig Technologies IPO price band?
- The Oneindig Technologies IPO price band is ₹91 to ₹96 per share, with a lot size of 1200 shares.
- What was the Oneindig Technologies IPO GMP before listing?
- The final grey market premium recorded before the Oneindig Technologies IPO listed was ₹7. The IPO listed on 6 Aug 2026 at ₹120, +25.0% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Oneindig Technologies IPO open and close?
- The Oneindig Technologies IPO opens on 30 Jul 2026 and closes on 3 Aug 2026.
- When is the Oneindig Technologies IPO allotment and listing date?
- Allotment is expected on 4 Aug 2026. The shares are scheduled to list on 6 Aug 2026 on BSE.
- How many times was the Oneindig Technologies IPO subscribed?
- The Oneindig Technologies IPO was subscribed 1.73 times in total across all investor categories.
- What is the reservation split in the Oneindig Technologies IPO?
- Of the total shares offered, retail investors get 35.09%, QIBs 19.96% (plus 29.82% anchor), non-institutional investors 15.13%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Oneindig Technologies and what is their holding?
- The promoters are <p>Manoj Agarwal, Seema Agarwal</p>. Promoter holding is 51.33% before the issue and 37.8% after listing.
- What is the P/E ratio of the Oneindig Technologies IPO?
- At the upper price band, the Oneindig Technologies IPO is valued at 18.53× pre-issue earnings and 14.18× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Oneindig Technologies IPO?
- The net proceeds go primarily toward to meet working capital requirements, among 3 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Oneindig Technologies IPO?
- The book-running lead manager is Share India Capital Services Pvt.Ltd.. Maashitla Securities is the registrar to the issue.
- Is Oneindig Technologies a Mainboard or SME IPO?
- Oneindig Technologies is an SME IPO, listing on BSE (SME platform).