Renfra Energy India Limited, incorporated in 2017, is a renewable energy company offering integrated solar and wind energy solutions to commercial and industrial customers. The company provides end-to-end services covering the complete project lifecycle, including site selection, land acquisition, regulatory approvals, engineering, procurement and construction (EPC), commissioning, and long-term operations and maintenance (O&M).
The company operates across two core business segments- solar energy and wind energy- and has executed several renewable energy projects across South India. In addition to project execution, it manages renewable energy assets under long-term O&M contracts. As of May 15, 2026, the company managed around 601.40 MW of solar and wind assets and had executed projects with a total installed capacity of approximately 462.35 MW through 217 agreements, including 164 EPC and 53 O&M contracts, serving 164 customers.
Renfra Energy India has built a supplier network of 159 vendors, comprising 128 solar equipment suppliers and 31 wind energy component suppliers, supporting timely project execution. As of May 15, 2026, the company had a workforce of 1,140 employees, including 457 permanent employees and 683 contract workers.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 50% | 2,15,23,97,400 crores |
| Non-Institutional Investors (NIIs) | 15% | 64,57,19,220 crores |
| Retail Individual Investors (RIIs) | 35% | 1,50,66,78,180 crores |
End-to-end EPC and O&M capabilities with strong in-house project execution expertise.
Long-standing customer relationships supported by quality execution and repeat business.
Early grid connectivity planning helps ensure smooth project commissioning and efficient power evacuation.
Strong presence in South India's renewable energy market with an established supplier network.
Experienced team with expertise across project development execution and asset management.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 4,30,47,94,800 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 4,79,480 shares of ₹10 (aggregating up to ₹47,94,800 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 81.93 shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Renfra Energy India ipo has been designed to ensure broad participation while maintaining optimal price discovery.
Indiqube Ocean Bay 5th Floor Plot No A-19 & A-20 Sidco Industrial Estate Guindy Industrial Estate Chennai
Bigshare Services Pvt.Ltd.
| Book Running Lead Manager(s) |
|---|
| Unistone Capital Pvt Ltd |