Oneindig Technologies Limited
Bookbuilding IPO · BSE
- Price band
- ₹91 - ₹96
- Lot size
- 1,200 shares
- Issue amount
- ₹27.65 cr
- Total subscription
- 1.81×
- Opens
- 30 Jul 2026
- Closes
- 3 Aug 2026
- Allotment
- 4 Aug 2026
- Listing
- 6 Aug 2026
Offer at a glance
Issue overview
- Issue size
- 28,80,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,09,200
- Fresh issue
- ₹27.65 cr
- Offer for sale
- ₹0 cr
- Registrar
- Maashitla Securities Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,15,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 80,44,160
- Shares after issue
- 1,09,24,160
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,30,400 |
| sHNI | 3 | 3,600 | ₹3,45,600 |
| bHNI | 9 | 10,800 | ₹10,36,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 3 Aug 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 3 |
| NIB | 0 | 104 |
| RETAIL | 400 | 734 |
| EMPLOYEES | 0 | 0 |
| HNIs(10L +) | 77 | 36 |
| HNIs (2-10L) | 38 | 68 |
| Shareholder | 0 | 0 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 5.24 | 5.51 |
| FIIs | 0 | 5.47 |
| Others | 0 | 0.03 |
| RETAIL | 9.22 | 16.91 |
| NIB | 3.97 | 10.92 |
| HNIs 2+ | 1.32 | 3.21 |
| HNIs 10+ | 2.65 | 7.71 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jan-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| EPS | 7.66 | 5.22 | 9.16 | 0.84 |
| ROE | 34.89 | 37.58 | 57.7 | 5.2 |
| ROCE | 14.71 | 30.31 | 32.39 | 12.07 |
| RONW | 0 | 0 | 0 | 0 |
| PRE IPO(PE) | 12.53 | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Zodiac Energy Limited | 0 | 0 | 0 | 0 | 27.71 | 13.28 |
| Oneindig Technologies Limited | 0 | 0 | 0 | 0 | 37.58 | 5.22 |
| Solarium Green Energy Limited | 0 | 0 | 0 | 0 | 22.95 | 11.65 |
| Ganesh Green Bharat Limited | 0 | 0 | 0 | 0 | 23.04 | 13.14 |
Company information
Company profile
Oneindig Technologies is an EPC company focused on the solar energy sector, providing complete turnkey solar solutions along with operations and maintenance services for residential, commercial, industrial, and ground-mounted projects, as well as solar water pumping systems. The company also supplies key solar components like PV modules, inverters, pump controllers, energy storage systems, panels, wires, and cables. It operates across multiple business models including EPC (CAPEX) and RESCO, and serves B2B, B2G, and B2C segments, actively participating in government schemes like PM Kusum. Along with EPC services, it also works as an Independent Power Producer through power purchase agreements. The company has completed 17 major ground-mounted projects worth over ₹19 crore, delivered several rooftop installations, and installed 500+ solar pumps across regions like Haryana and Jammu & Kashmir, with a strong presence across multiple states in India.
Strengths
- Established Solar EPC Player: The company is a well-established solar EPC provider with expertise across the solar value chain and operations in India as well as select international markets.
- Strong Project Execution Track Record: With over 8 years of experience, the company has successfully executed solar EPC projects across more than 14 states.
- Integrated End-to-End Solutions: The company offers complete solar project services, including land acquisition, approvals, EPC, and operations & maintenance (O&M), ensuring efficient turnkey project execution.
Risk factors
- Working Capital Risk: The business requires significant working capital to support its operations. Any difficulty in securing timely funding could affect business performance.
- Financial Reporting Risk: Frequent changes in auditors may impact the consistency of financial reporting and investor confidence.
- Land Acquisition & Approval Risk: Delays in land acquisition, land conversion, or regulatory approvals could affect the timely execution of future renewable energy projects.
Promoters
Mr. Manoj Agarwal
Ms. Seema Agarwal
Registrar & documents
Lead manager
Share India Capital Services Private Limited
Registrar & contacts
Maashitla Securities Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
V-503, Atrium, VIVANTA by Taj Hotel Complex, Shooting Range Road, Suraj Kund, Faridabad, Haryana, 121009
+91 9810484146
[email protected]Company website ↗Understanding ONEINDIG IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.