Integrum Energy Infrastructure IPO (DRHP filed)
Integrum Energy Infrastructure Limited filed its draft red herring prospectus with SEBI on 24 Sep 2026. Price band, lot size and issue dates are announced only after SEBI observations and the RHP filing.
Last updated
- Stage
- DRHP Filed
- DRHP filed
- 24 Sep 2026
- Days since
- 37
- Issue size
- —
- Board
- Mainboard
- Price band
- TBA
Integrum Energy Infrastructure IPO status
Integrum Energy Infrastructure Limited filed its draft red herring prospectus (DRHP) with SEBI on . The issue can open only after SEBI issues its observations and the company files the RHP with the price band.
| DRHP filed | 24 Sep 2026 |
|---|---|
| Days since filing | 37 |
| SEBI observation | Awaited |
| Price band | TBA |
| Issue dates | TBA |
Share reservation by category
| Category | Shares Details |
|---|---|
| Qualified Institutions | Not More Than 50% of the Net Issue |
| Retail Investors | Not Less Than 35% of the Net Issue |
| Non-Institutional | Not Less Than 15% of the Net Issue |
Integrum Energy Infrastructure Limited financials
Between 31 Mar 2025 and 31 Mar 2026, Income rose from ₹119.67 Cr to ₹697.22 Cr, and profit after tax rose from ₹12.63 Cr to ₹63.16 Cr. The PAT margin for 31 Mar 2026 was 9.06%.
| Period ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 446.38 | 179.47 | 66.75 |
| Total Income | 697.22 | 119.67 | 233.96 |
| Profit After Tax | 63.16 | 12.63 | 15.28 |
| EBITDA | 88.27 | 17.16 | 19.93 |
| Net Worth | 149.98 | 56.32 | 28.29 |
| Reserve & Surplus | 133.48 | 40.55 | 28.29 |
| Total Borrowings | 9.02 | 1.27 | 0.00 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 42.11 | 22.42 | 54.00 |
| ROCE % | 56.23 | 32.09 | 71.85 |
| RoNW % | 42.20 | 22.48 | 54.00 |
| Pat Margin % | 9.10 | 10.73 | 6.55 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Integrum Energy Infrastructure Ltd | 2 | — | 8.00 | 8.00 | 42.20% | 18.18 |
| Clean Max Enviro Energy Solutions Ltd | 1 | 143.62 | 9.10 | 8.96 | 1.85% | 396.16 |
| KPI Green Energy Ltd | 5 | 11.50 | 24.13 | 24.04 | 17.47% | 147.73 |
| Juniper Green Energy Ltd | 10 | 315.42 | 0.83 | 0.83 | 1.18% | 70.02 |
| SolarWorld Energy Solutions Ltd | 5 | 8.95 | 14.95 | 14.94 | 14.21% | 97.82 |
| Sterling Waaree Renewable Technologies Ltd& Wilson Renewable Energy Ltd | 2 | 17.47 | 45.91 | 45.86 | 51.26% | 89.49 |
| Sterling & Wilson Renewable Energy Ltd | 1 | — | -13.25 | -13.25 | -45.52% | 27.82 |
| Inox Wind Ltd | 10 | 28.11 | 2.65 | 2.65 | 7.04% | 36.93 |
| Suzlon Energy Ltd | 2 | 18.25 | 2.31 | 2.31 | 33.43% | 6.90 |
From the prospectus. P/E is shown as — when earnings are zero or negative, or not reported for the issuer before listing.
Objectives
The company intends to allocate the net proceeds from the offering to the following objectives.
| Sr | Objective | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding the incremental working capital requirements of our Company | 140.00 |
| 2 | Investment in our Subsidiary, Integrum Green Assets Private Limited for financing capital expenditure towards procurement of wind turbine generators and associated equipment | 52.88 |
| 3 | Investment in our Subsidiary, Integrum Green Assets Private Limited, for the repayment/ prepayment, in full or in part, of certain outstanding borrowings | 5.00 |
| 4 | Payment of consideration for strategic investment and acquisition of a controlling interest in Stactiv Energy Services Private Limited | 3.20 |
| 5 | General corporate purposes. | — |
| Total | 201.08 |
About Integrum Energy Infrastructure Limited
Incorporated in 2021, Integrum Energy Infrastructure Limited (IEIL) is an integrated renewable energy and energy-management company focused on serving commercial and industrial (C&I) customers. The company develops and executes hybrid, wind and solar renewable energy projects, integrating multiple technologies to help customers reduce their delivered cost of energy, improve renewable energy usage, enhance reliability and optimise long-term asset performance.
Its end-to-end capabilities span energy assessment and solution design, project development, regulatory and grid-connectivity support, engineering, procurement and construction (EPC), commissioning, operations and maintenance (O&M), asset management and energy sourcing optimisation.
The company operates through three principal ownership models: customer-owned CapEx, where customers own the renewable energy assets; independent power producer (IPP) models, where assets are owned by Integrum through its subsidiary, Integrum Green Assets Private Limited, and supplied to customers under long-term power purchase arrangements; and energy-as-a-service (EaaS) models, where customers receive contracted energy outcomes without owning or operating the underlying assets.
Key Services
Hybrid & Standalone Wind-Solar Systems: Design, installation, optimisation and maintenance of customised renewable energy systems.
Asset Management: Performance monitoring, analytics, certifications, operational support and maintenance of renewable energy assets.
Energy Sourcing Optimisation: Analysis of energy consumption, demand forecasting, supply assessment and regulatory evaluation to optimise energy procurement.
Human Resources: As of August 31, 2026, the company had 111 permanent employees, including 45 engineers, along with contract personnel supporting project development, EPC, commissioning, O&M and other project-related activities.
Promoters
Anand Lahoti
Shyam Sundar Maheshwari
Puneet Goel
Shipra Goel
Contact details
Integrum Energy Infrastructure Ltd.
No. 736,2nd Floor,
Third Block Koramangala,
Bangalore Urban, Karnataka, 560034
Phone: +91 7204137808
Email: info@integrumenergy.in
Website: https://www.integrumenergy.in/
Integrum Energy Infrastructure IPO FAQs
- Has Integrum Energy Infrastructure IPO filed for an IPO?
- Integrum Energy Infrastructure Limited filed its draft red herring prospectus (DRHP) with SEBI on 24 Sep 2026.
- When will the Integrum Energy Infrastructure IPO open?
- Issue dates are announced after SEBI observations and the RHP filing. They are not available yet.
- What is the Integrum Energy Infrastructure IPO price band?
- The price band is announced a few days before the issue opens. It is not available yet.
Details are from the draft prospectus and can change in the final RHP. This is not investment advice.