Oneindig Technologies IPO: Price Band, Lot Size, Financials & Review
Oneindig Technologies IPO listed on BSE on Thu, 6 Aug 2026. The issue was subscribed 1.81x overall.
- Open Date
- 30 Jul 2026
- Close Date
- 3 Aug 2026
Last updated
- Price band
- ₹91 – ₹96
- Lot size
- 1,200 shares
- Min. investment
- ₹2,30,400
- Issue size
- ₹27.65 Cr
- Subscribed
- 🔥 1.81x
Oneindig Technologies IPO details
Oneindig Technologies IPO is a ₹27.65 Cr book-building IPO on the SME segment, listing on BSE. It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
The issue was open from Thu, 30 Jul 2026 to Mon, 3 Aug 2026. Allotment was finalised on Tue, 4 Aug 2026, and the shares listed on BSE on Thu, 6 Aug 2026.
The price band is ₹91 to ₹96 per share and the lot size is 1200 shares, so the minimum retail application is ₹2,30,400. Retail investors can apply for up to 2 lots (2,400 shares, ₹2,30,400).
Maashitla Securities Pvt. Limited is the registrar, and Share India Capital Services Private Limited is the book running lead manager.
Subscription
Day-wise subscription →Oneindig Technologies IPO was subscribed 1.81x overall: QIB 1.05x, NII 2.75x and retail 1.84x.
| Category | Subscribed |
|---|---|
| QIB | 1.05x |
| NII | 2.75x |
| └ bNII (above ₹10 lakh) | 2.91x |
| └ sNII (₹2–10 lakh) | 2.43x |
| Retail | 1.84x |
| Total | 1.81x |
Final figures at the close of bidding on 3 Aug 2026. Category-wise bids, application-wise breakup and allotment chances are on the Oneindig Technologies IPO day-wise and category-wise subscription page.
Share reservation by category
| Category | Shares offered | Share of issue |
|---|---|---|
| Qualified Institutions | 5,46,000 | 28.44% |
| Non-Institutional | 4,14,000 | 21.56% |
| └ BNII | 2,76,000 | 14.38% |
| └ SNII | 1,38,000 | 7.19% |
| Retail Investors | 9,60,000 | 50.00% |
| Total | 19,20,000 | 100.00% |
Oneindig Technologies IPO lot size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹2,30,400 |
| 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 |
Amounts at the upper end of the price band.
Issue structure and valuation
It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
At the upper price band of ₹96, the issue is priced at 18.53x pre-issue earnings and 14.18x post-issue earnings per share.
None of the listed peers in the prospectus has positive earnings, so a P/E comparison is not meaningful.
Promoter holding falls from 51.33% before the issue to 37.80% after it.
| EPS (pre-issue) Latest earnings per share before the issue | ₹5.18 |
|---|---|
| P/E (pre-issue) Upper price band ÷ pre-issue EPS | 18.53x |
| EPS (post-issue) EPS on the enlarged share capital | ₹6.77 |
| P/E (post-issue) Upper price band ÷ post-issue EPS | 14.18x |
| Promoter holding (pre-issue) | 51.33% |
| Promoter holding (post-issue) | 37.80% |
Oneindig Technologies Limited financials
Between 31 Mar 2024 and 31 Mar 2025, Income rose from ₹43.7 Cr to ₹46.14 Cr, and profit after tax rose from ₹2.95 Cr to ₹4.17 Cr. The PAT margin for 31 Mar 2025 was 9.04%.
| Period ended | 31 Jan 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 88.99 | 35.53 | 27.15 | 13.64 |
| Total Income | 57.56 | 46.14 | 43.70 | 19.32 |
| Profit After Tax | 6.16 | 4.17 | 2.95 | 0.11 |
| EBITDA | 10.52 | 6.87 | 5.22 | 1.38 |
| Net Worth | 20.65 | 14.68 | 7.49 | 2.74 |
| Reserve & Surplus | 12.61 | 6.64 | 2.95 | 0.74 |
| Total Borrowings | 50.77 | 6.96 | 8.08 | 7.45 |
₹ in crore, as stated in the prospectus.
Key performance indicators
| KPI | Jan 2026 (Consolidated) | Mar 2025 (Consolidated) | Mar 2024 (Standalone) | Mar 2023 (Standalone) |
|---|---|---|---|---|
| ROE % | 34.89 | 37.58 | 57.70 | 5.20 |
| ROCE % | 14.71 | 30.31 | 32.39 | 12.07 |
| RoNW % | 34.89 | 37.58 | 57.70 | 5.20 |
Peer comparison
| Company | Face value | P/E | EPS (basic) | EPS (diluted) | RoNW | NAV |
|---|---|---|---|---|---|---|
| Oneindig Technologies Ltd | 0 | — | 5.22 | 5.22 | 37.58% | 0.00 |
| Zodiac Energy Ltd | 0 | — | 13.28 | 13.28 | 27.71% | 0.00 |
| Solarium Green Energy Ltd | 0 | — | 11.65 | 11.65 | 22.95% | 0.00 |
| Ganesh Green Bharat Ltd | 0 | — | 13.14 | 13.14 | 23.04% | 0.00 |
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 |
|---|---|
| 1 | To Meet Working Capital Requirement |
| 2 | General corporate purposes |
About Oneindig Technologies Limited
Oneindig Technologies Limited, incorporated in November 2016, is a renewable energy company specializing in Engineering, Procurement, and Construction (EPC) services for solar power projects across India. The company provides comprehensive, end-to-end turnkey solar solutions catering to the residential, commercial, and industrial (C&I) segments. Its service portfolio includes rooftop and ground-mounted solar power projects, solar water pump installations, Operations & Maintenance (O&M) services, and Independent Power Producer (IPP) activities through long-term Power Purchase Agreements (PPAs).
In addition to EPC services, the company supplies a broad range of solar products, including solar photovoltaic (PV) modules, inverters, batteries, energy storage systems, module mounting structures, solar pumps, controllers, and other associated electrical equipment.
Since its inception, Oneindig Technologies has established a strong presence across India, successfully executing projects in states such as Delhi, Haryana, Uttar Pradesh, Rajasthan, Madhya Pradesh, Maharashtra, Gujarat, Punjab, Uttarakhand, Telangana, Arunachal Pradesh, Odisha, Jammu & Kashmir, and West Bengal. As of the date of its Draft Red Herring Prospectus (DRHP), the company has:
- 58.40 MW of operational solar project capacity,
- 52.08 MW of contracted projects under construction, and
- 6.32 MW of awarded projects under construction.
The company has successfully completed 17 major ground-mounted solar power projects and installed more than 500 solar water pumps under various government initiatives, including the PM-KUSUM Scheme and the PM Surya Ghar Muft Bijli Yojana, demonstrating its strong execution capabilities in both utility-scale and decentralized renewable energy projects.
Oneindig Technologies is led by experienced promoters and a competent management team with extensive expertise in the renewable energy sector. The company leverages its EPC capabilities, co-development model, technical proficiency, and diversified business portfolio to deliver integrated and sustainable energy solutions tailored to customer requirements.
As of January 31, 2026, the company employed 34 professionals across key functions, including operations, finance and accounts, compliance, administration, information technology, engineering design, stores, and other support services, enabling efficient project execution and business operations.
Promoters
- Mr. Manoj Agarwal
- Ms. Seema Agarwal
Contact details
Oneindig Technologies Ltd.
V-503, Atrium, VIVANTA by Taj Hotel Complex
Shooting Range Road, Suraj Kund
Faridabad, Haryana, 121009
Phone: +91 9810484146
Email: info@oneindig.tech
Website: http://www.oneindig.tech/
Oneindig Technologies IPO FAQs
- What is the Oneindig Technologies IPO price band?
- The Oneindig Technologies IPO price band is ₹91 to ₹96 per share.
- What is the Oneindig Technologies IPO lot size and minimum investment?
- The Oneindig Technologies IPO lot size is 1200 shares. The minimum retail investment is ₹2,30,400 for one lot at the upper price band. Retail investors can apply for up to 2 lots (2,400 shares), costing ₹2,30,400.
- When was Oneindig Technologies IPO open for subscription?
- Oneindig Technologies IPO was open for subscription from Thu, 30 Jul 2026 to Mon, 3 Aug 2026.
- What is the Oneindig Technologies IPO subscription status?
- Oneindig Technologies IPO was subscribed 1.81x overall: QIB 1.05x, NII 2.75x and retail 1.84x. Day-wise and category-wise figures are on the subscription page.
- What is the Oneindig Technologies IPO allotment date?
- The Oneindig Technologies IPO basis of allotment was finalised on Tue, 4 Aug 2026. You can check your allotment status on the Maashitla Securities Pvt. Limited website.
- What is the Oneindig Technologies IPO listing date?
- Oneindig Technologies IPO listed on BSE on Thu, 6 Aug 2026.
- Is the Oneindig Technologies IPO a fresh issue or an offer for sale?
- It is entirely a fresh issue of shares, so all the money raised goes to the company; there is no offer for sale by existing shareholders.
- Who are the registrar and lead managers of the Oneindig Technologies IPO?
- The registrar for the Oneindig Technologies IPO is Maashitla Securities Pvt. Limited, and the book running lead manager is Share India Capital Services Private Limited.
Data is compiled from the prospectus, stock exchanges and market sources and is for information only. It is not investment advice; read the RHP before applying.