Oneindig Technologies
Price Band
₹91 - ₹96
Lot Size
2,400 Shares
Issue Size
₹27.65 Cr
Fresh Issue
₹27.65 Cr
OFS
Nil (100% Fresh)
Registrar
AI Sentiment Score
Listing Price
₹120.00
vs Issue: ₹96 (+25.00%)
📅 IPO Timeline
✓
Open
Jul 30, 2026
✓
Close
Aug 1, 2026
✓
Allotment
Aug 3, 2026
✓
Refund
Aug 4, 2026
✓
Demat
Aug 4, 2026
✓
Listing
Aug 6, 2026
📈 Grey Market Premium (GMP) Trendline
Daily consensus GMP movement (₹) recorded across market sources
✨ AI Analysis & Prediction
🔒 Final Reconciled Estimate
Locked post-listing with actual debut performance
The listing gain is adjusted downward due to very low QIB subscription (1.05x), which indicates a lack of institutional confidence. However, this is partially offset by a very small float size (₹27.65 Cr) and strong financial ratios (ROE 37.58%), preventing a negative listing prediction.
💪 Strengths
- High ROE (37.58%) and ROCE (30.31%)
- 100% Fresh Issue ensuring capital infusion
⚠️ Weaknesses
- Low QIB subscription (1.05x) indicating low institutional interest
- Small revenue base compared to larger peers
🚀 Opportunities
- Government schemes like PM-KUSUM and PM Surya Ghar Muft Bijli Yojana
- Expanding footprint across 15+ Indian states
🛡️ Threats
- Intense competition in the solar EPC sector
- Dependence on government policy for solar adoption
🎯 Objectives of the IPO
| Requirement / Purpose | Amount (₹ Cr) |
|---|---|
| To meet working capital requirements | ₹20.00 |
| General Corporate Purpose | ₹7.65 |
📊 Key Financials
| Metric | 2025 | January 2026 |
|---|---|---|
| Revenue (₹ Cr) | 46.14 | 57.56 |
| PAT (₹ Cr) | 4.17 | 6.16 |
Debt/Equity
0.47
📋 Live Subscription Status
QIB
1.05x
NII
2.40x
Retail
1.84x
Total
1.73x
🎯 Retail Allotment Probability
54.3% Odds
1 in 1.8 chance (~54.3% probability per PAN)
SEBI Rule: Under SEBI lottery allotment rules, applying for multiple lots under Retail does NOT increase your lottery odds. All valid retail applicants have identical 1-lot odds per PAN.
Updated: Aug 5, 2026 8:09 AM
💼 Issue Structure & Reservation Quota
Capital Structure
₹27.7 Cr
Issue Size
Fresh (100%)
Reservation Quota
100%
Allocation
NII (50%)
Retail (50%)
QIB
0.00%
Retail
50.00%
NII
50.00%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.