Oneindig Technologies IPO Details
Issue Date
30 Jul - 3 Aug'26
Price Band
₹91 - ₹96
Lot Size
1200 Shares
IPO Size
₹28 Cr
Listing At
BSE
Oneindig Technologies IPO Listing Details
Listing On
6 Aug'26
Issue Price
₹96
Listed Price
₹ 120
Retail Gain/Listing Gain
25.00%Increase
Schedule of Oneindig Technologies IPO
IPO Open Date
30/07/2026
IPO Close Date
03/08/2026
Basis of Allotment
04/08/2026
Refund Initiation
05/08/2026
Credit of Shares
05/08/2026
Listing on exchange
06/08/2026
Oneindig Technologies IPO Subscription Status Live
(Last updated on 03 Aug 2026 03:45 PM)
Day 1 30-Jul-2026 | 0.31x | 0x | 0.48x | 0.32x |
Day 2 31-Jul-2026 | 0.8x | 1.04x | 0.78x | 0.59x |
Day 3 03-Aug-2026 | 1.54x | 1.04x | 1.63x | 1.88x |
Oneindig Technologies IPO Subscription Rate
Non-Institutional (HNI) | 2.04x |
Qualified Institutions | 1.05x |
Retail | 1.74x |
Total Subscription | 1.64x |
About Oneindig Technologies IPO
The public issue of the Oneindig Technologies Limited IPO, an SME IPO, opens on 30 July 2026 and closes on 3 August 2026. The basis of allotment is expected to be finalised on 4 August 2026. Shares will be credited to the eligible investors' demat accounts on 5 August 2026, while refunds, if any, will be initiated on the same day. The listing of shares is scheduled for 6 August 2026 on the BSE SME platform.
The IPO comprises a fresh issue of 28,80,000 equity shares. There is no offer for sale in the issue. The price band has been fixed at ₹91 to ₹96 per share, and investors can apply in lots of 2,400 shares. The minimum investment required for retail investors is ₹2,30,400 (2,400 shares). The minimum investment required for HNI investors is ₹3,45,600.
Originally incorporated in 2016 as Oneindig Technologies Private Limited, the company provides services for the solar energy sector. Its offerings include turnkey solar power solutions, operations and maintenance (O&M) services, and solar products for residential, commercial, industrial and government customers.
The company also undertakes ground-mounted solar projects, commercial and industrial rooftop installations, solar water pump projects and independent power producer (IPP) activities through power purchase agreements (PPAs). In addition, it designs and develops solar module mounting structures and supplies products such as solar PV modules, inverters, solar pump controllers, ESS systems, LT/HT panels, and wires and cables.
Objectives Of Oneindig Technologies IPO
- Funding the company's working capital requirements.
- General corporate purposes.
Oneindig Technologies IPO Valuation
Upper Price Band | ₹96 |
Fresh Issue (Ex Market Maker) | 27,36,000 shares (agg. up to ₹26 Cr) |
Reserved for Market Maker | 1,44,000 shares (agg. up to ₹1 Cr) |
Offer for Sale | Nil |
EPS Diluted (in ₹) for FY25 | 5.22 |
Oneindig Technologies IPO Share Offer And Subscription Details
QIBs | Not more than 50% of the net offer |
Non-institutional Investors (NIIs) | Not less than 15% of the net offer |
Retail-individual Investors (RIIs) | Not less than 35% of the net offer |
Oneindig Technologies IPO Lot Size
Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,30,400 |
Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,30,400 |
S-HNI (Min) | 3 | 3,600 | ₹3,45,600 |
S-HNI (Max) | 8 | 9,600 | ₹9,21,600 |
B-HNI (Min) | 9 | 10,800 | ₹10,36,800 |
Industry Outlook
India's renewable energy sector is expected to grow steadily, supported by rising electricity demand, favourable government policies and increasing investments in clean energy. The country aims to achieve 500 GW of non-fossil fuel capacity by 2030 and net-zero carbon emissions by 2070, creating long-term opportunities for companies operating in the solar EPC and renewable energy sectors.
India's installed renewable energy capacity reached 220.1 GW in FY25, recording a 19.02% CAGR between FY16 and FY25. Solar energy led the expansion with 23.83 GW of new capacity added during FY25, while renewable power generation (excluding hydro) stood at 172.37 billion units.
Government initiatives such as the PM Surya Ghar Muft Bijli Yojana, PM-KUSUM and the PLI Scheme for solar PV modules continue to support industry growth. The Union Budget 2025-26 also increased allocations for the Ministry of New and Renewable Energy by 39%, while India plans to invest ₹9.12 lakh crore in power transmission infrastructure by 2032. Combined with rising domestic and foreign investments, these initiatives are expected to drive sustained demand for solar infrastructure and renewable energy solutions.
About Oneindig Technologies
Incorporated in 2016, Oneindig Technologies Limited is a solar engineering, procurement and commissioning (EPC) company providing turnkey solar power solutions and operation & maintenance (O&M) services. The company undertakes residential rooftop, commercial & industrial (C&I), ground-mounted solar projects, solar water pump installations and independent power producer (IPP) projects under power purchase agreements (PPAs).
Its operations span multiple states across India, where it also supplies solar modules, inverters, energy storage systems, electrical panels and other solar equipment. The company has executed 17 ground-mounted solar projects with a cumulative project value of over ₹19 crore. It has installed 500+ solar water pumps across Haryana and Jammu & Kashmir. The company had an operational solar project capacity of 58.40 MW.
Strengths Of Oneindig Technologies
- Rising demand for renewable energy, supported by favourable government policies and incentives.
- Access to subsidies, tax incentives, and long-term power purchase agreements (PPAs) strengthens project viability.
- End-to-end capabilities across project development, EPC, financing, and O&M enhance customer confidence and quality control.
- Alignment with environmental goals and ESG standards strengthens brand reputation.
- Long-term O&M contracts and RESCO models provide stable and recurring revenue streams.
Risks of Oneindig Technologies
- High upfront capital investment increases project development costs.
- Land acquisition challenges can delay project execution and timelines.
- Dependence on government policies exposes the business to regulatory and subsidy-related risks.
- Rapid technological advancements may lead to equipment obsolescence.
- Limited brand recognition may affect customer acquisition and market competitiveness.
Oneindig Technologies Financials
Peer Comparison
Oneindig Technologies Limited | 46.01 | 6.71 | 5.22 | 30.31 |
Zodiac Energy Limited | 407.78 | 37.04 | 13.28 | 13.52 |
Solarium Green Energy Limited | 230.08 | 25.90 | 11.65 | 11.93 |
Ganesh Green Bharat Limited | 318.01 | 50.51 | 13.14 | 17.87 |
The company has identified listed peers operating in a similar line of business for broad comparison purposes.
Note: (i) Source – All the financial information for listed industry peers mentioned above is sourced from Financial Results/ Draft Red Herring Prospectus of the company for the year ended 31 March 2025 and stock exchange data dated 22 July 2026 to compute the corresponding financial ratios.
Anchor Investor Bidding Date
Wednesday, 29 July 2026
Registrar and Book Running Lead Manager
IPO Registrar
Maashitla Securities Private Limited
E-mail: investor.ipo@maashitla.com
Phone: 011-47581432
Book Running Lead Manager
Share India Capital Services Private Limited
Email: kunal.bansal@shareindia.co.in
Phone: +91-120-6483000
Oneindig Technologies Limited Contact Details
V-503, Atrium, VIVANTA by Taj Hotel Complex, Shooting Range Road,
Suraj Kund, Faridabad-121009, Delhi NCR, India
Email: info@oneindig.tech
Telephone: +91-9810484146
Oneindig Technologies Business Model
Oneindig Technologies Limited is a solar engineering, procurement and construction (EPC) company. It generates revenue by executing turnkey solar power projects for residential, commercial, industrial and government customers. The company also earns income from operation and maintenance (O&M) services, the supply of solar products and mounting structures, and the sale of electricity through its independent power producer (IPP) business under long-term power purchase agreements.
Oneindig Technologies Growth Trajectory
Oneindig Technologies Limited's Total Income for FY25 was ₹46.14 crore, whereas in FY24 and FY23 it was ₹43.70 crore and ₹19.32 crore, respectively.
The Profit After Tax for FY25 was ₹4.17 crore, whereas in FY24 and FY23 it was ₹2.95 crore and ₹0.11 crore, respectively.
Its EBITDA for FY25 was ₹6.71 crore, whereas in FY24 and FY23 it was ₹5.22 crore and ₹1.35 crore, respectively.
Oneindig Technologies Market Position
Oneindig Technologies Limited provides end-to-end solar EPC solutions across the residential, commercial, industrial and government sectors. The company has also expanded into the independent power producer (IPP) segment by developing and operating solar power projects under long-term power purchase agreements.
In addition to project execution, the company offers operation and maintenance services and supplies solar products and mounting structures, enabling it to serve customers across multiple stages of the solar value chain.
As of 31 March 2025, the company's Total Income, Profit After Tax and EBITDA stood at ₹46.01 crore, ₹4.17 crore and ₹6.71 crore, respectively.
Oneindig Technologies Profit and Loss Statement (In ₹ crore)
Total Income | 46.14 | 43.70 | 19.32 |
Profit Before Tax | 5.57 | 4.10 | 0.14 |
Profit After Tax | 4.17 | 2.95 | 0.11 |
EPS (Diluted) ₹ | 5.22 | 9.16 | 0.84 |
EBITDA | 6.71 | 5.22 | 1.35 |
Oneindig Balance Sheet (In ₹ crore)
Profit Before Tax | 5.57 | 4.10 | 0.14 |
Net Cash from Operating Activities | (0.45) | 1.01 | (3.80) |
Net Cash from Investing Activities | (2.61) | (0.30) | (1.47) |
Net Cash from Financing Activities | 0.84 | 1.43 | 5.69 |
Cash & Cash Equivalents | 0.46 | 2.68 | 0.53 |
Note: () denotes negative
How To Apply for Oneindig Technologies IPO?
- Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
- Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
- Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
- Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
- Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.
Oneindig Technologies IPO FAQs
The Oneindig Technologies IPO opens for subscription from 30-07-2026 to 03-08-2026, with a total issue size of ₹28 Cr. The IPO price band is ₹91 to ₹96 per share with a lot size of 2400. The company aims to list the shares on BSE & NSE on 06-08-2026.
The Oneindig Technologies IPO will open for subscription on 30-07-2026 and will close on 03-08-2026 for investors.
The lot size of Oneindig Technologies IPO is 2400 equity shares, requiring a minimum investment of ₹230400/2 Lots for retail investors applying in the IPO.
The price band of the Oneindig Technologies IPO has been fixed at ₹91 to ₹96 per equity share.
You can apply for the Oneindig Technologies IPO online through the Kotak Neo Website or the Kotak Neo App using UPI or ASBA during the IPO subscription period.
Oneindig Technologies IPO allotment will take place on 04-08-2026.
You can check the Oneindig Technologies IPO allotment status online on the registrar’s website or on the NSE and BSE IPO allotment pages using your application number, PAN, or demat account details.
Oneindig Technologies shares will list on the stock exchanges on 06-08-2026.
You can find detailed information about the Oneindig Technologies IPO, including its business operations, financial performance, risk factors, and IPO objectives, in the Draft or Red Herring Prospectus (RHP).
As per the RHP, Manoj Agrawal is the Chairman and Managing Director of Oneindig Technologies Limited.
This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.
Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.
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