Oneindig Technologies IPO
Infrastructure Developers & Operators • ₹28cr
High risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Working capital or debt pressure highlighted in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹91-96
Lot Size
1200 shares
Issue Size
₹28cr
Open
30 Jul 2026
Close
03 Aug 2026
Subscription
1.68×
GMP +₹7 → est. ₹103
IPO Schedule
| Issue Open Date | 30 Jul 2026 |
| Issue Close Date | 03 Aug 2026 |
| Allotment Date | 04 Aug 2026 |
| Listing Date | 06 Aug 2026 |
About Oneindig Technologies
Oneindig Technologies Limited is an engineering, procurement, and commissioning (EPC) company operating in the solar energy sector. It provides complete turnkey solar power solutions, including design, supply, and installation, along with associated operations and maintenance (O&M) services. The company undertakes diverse solar projects such as residential, commercial, and industrial (C&I) rooftop installations, ground-mounted projects, and solar water pumps for both private clients and government entities across various states in India. Its revenue is generated through these EPC services and the supply of a wide range of solar products, including photovoltaic modules, inverters, and solar water pumps. The company operates on both a capital expenditure (CAPEX) model, where the client invests in the asset, and a Renewable Energy Service Company (RESCO) model, where it owns the solar asset and sells power to the consumer, generating annuity income.
Company Details
Founders / Promoters
Mr Manoj Agrawal
Founded
2016
Registrar
Maashitla Securities Pvt Ltd
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Oneindig Technologies — IPOFins Verdict
QuantitativeDriven by QIB demand at 1.1x and elevated disclosed risk (9/10), Oneindig Technologies listed at a premium of 25.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
- Established EPC player with a strong track record across 14+ states.
- Efficient co-development business model providing turnkey solutions.
- Proven technical capabilities for executing projects in challenging conditions.
- Strong revenue visibility supported by a robust order book of ₹14,859.19 lakhs.
- Predictable revenue from long-term O&M and RESCO annuity models.
Score breakdown — what drove this verdict
High risk from DRHP → score -1.6
Institutional subscription → score 0
Actual listing outcome → score +1.5
SME IPOs have lower liquidity after listing → score −0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹96
Listing Price
₹120
Listing Gain/Loss
+25.00%
Listing Date
06 Aug 2026
Price Since Listing
Returns are measured against the ₹96 issue price.
Listing
₹120
+25.0%
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FAQ
What is the price band of Oneindig Technologies IPO?
The price band is ₹91-96 per share with a lot size of 1200 shares. Minimum investment: ₹1,15,200.
What does Oneindig Technologies do?
Oneindig Technologies Limited is an engineering, procurement, and commissioning (EPC) company operating in the solar energy sector. It provides complete turnkey solar power solutions, including design, supply, and installation, along with associated operations and maintenance (O&M) services. The company undertakes diverse solar projects such as residential, commercial, and industrial (C&I) rooftop installations, ground-mounted projects, and solar water pumps for both private clients and government entities across various states in India. Its revenue is generated through these EPC services and the supply of a wide range of solar products, including photovoltaic modules, inverters, and solar water pumps. The company operates on both a capital expenditure (CAPEX) model, where the client invests in the asset, and a Renewable Energy Service Company (RESCO) model, where it owns the solar asset and sells power to the consumer, generating annuity income.
Should I apply for Oneindig Technologies IPO?
Oneindig Technologies listed at ₹120 (+25.0% premium to the ₹96 issue price) after 1.7x subscription. IPOFins Score 4/10: Driven by QIB demand at 1.1x and elevated disclosed risk (9/10), Oneindig Technologies listed at a premium of 25.0% to its issue price. SME listings are also thinner and more volatile after listing. The signals look weak — weigh the risks carefully. This is a quantitative flag, not a recommendation.
Who founded Oneindig Technologies?
Oneindig Technologies was founded by Mr Manoj Agrawal in 2016.