Oneindig Technologies IPO- Company Analysis
Oneindig Technologies IPO under the SME IPO category is a book-built issue of Rs. 27.65 Cr by Oneindig Technologies Limited, which is a renewable energy business that offers engineering, procurement, and commissioning (EPC) services for solar power plants all throughout India.
Residential, commercial, and industrial (C&I) rooftop and ground-mounted solar projects, solar water pumps, operations and maintenance (O&M) services, and Independent Power Producer (IPP) activities through Power Purchase Agreements (PPAs) are just a few of the end-to-end turnkey solar solutions that the firm provides. A vast array of solar products, including solar PV modules, inverters, batteries, energy storage systems, mounting structures, solar pumps, controllers, and other electrical equipment, are also supplied by it.
Oneindig Technologies IPO Details
The Oneindig Technologies IPO date of opening is 30 Jul 2026; its initial public offering will end on 03 Aug, IPO allotment on Aug 04 and refund initiation on Aug 05, 2026.
The Rs. 27.65 crore new SME IPO comprises a wholly fresh issue of 0.29 crore shares.
The Oneindig Technologies IPO listing date (expected) might be Thursday, Aug 06, 2026, and the listing on the BSE and SME.
The Oneindig Technologies IPO price band is Rs. 91 to Rs. 96.
IPO Timetable (Tentative)
|
Events |
Date |
|
IPO Opening Date |
Jul 30, 2026 |
|
IPO Closing Date |
Aug 03, 2026 |
|
IPO Allotment Date |
Aug 04, 2026 |
|
Refund Initiation |
Aug 05, 2026 |
|
IPO Listing Date |
Aug 06, 2026 |
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Company Financials
(Amount in Cr)
|
Particulars |
31 Jan 2026 |
31 Mar 2025 |
|
Assets |
88.99 |
35.53 |
|
Total Income |
57.56 |
46.14 |
|
Profit After Tax |
6.16 |
4.17 |
|
EBITDA |
10.52 |
6.87 |
|
Net Worth |
20.65 |
14.68 |
|
Reserves and Surplus |
12.61 |
6.64 |
|
Total Borrowing |
50.77 |
6.96 |
Cash Flows
(Amount in lac)
|
Net Cash Flow |
31 Mar 2025 |
31 Mar 2024 |
31 Mar 2023 |
|
Net Cash Flow Operating Activities |
(45.37) |
101.05 |
(379.75) |
|
Net Cash Flow Investing Activities |
(261.24) |
(29.56) |
(146.88) |
|
Net Cash Flow Financing Activities |
67.41 |
143.38 |
568.66 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The Company desires to use the Net Proceeds from the Issue to fulfill its following goals:
- To meet working capital requirements. ~ Rs. 20 Cr.
- General Corporate Purposes.
Valuation
|
KPI |
Value (Jan 31, 2026) |
|
ROE |
34.89% |
|
ROCE |
14.71% |
|
RoNW |
34.89% |
|
EBITDA Margin |
18.31% |
|
Price to Book Value |
3.74 |
Evaluation of P/E Ratio
Considering the period ended on FY 2025 with an EPS of Rs. 5.22 from the last year, the resulting P/E ratio is 18.39x.
Explore the Teja Engineering Industries IPO.
IPO's Strengths
- Established solar EPC player with expertise in turnkey renewable energy solutions.
- Strong execution track record across residential, commercial, industrial, and utility-scale solar projects.
- Diversified business portfolio covering EPC, O&M, solar products, solar water pumps, and IPP activities.
- Experienced management team with proven technical capabilities and an efficient co-development business model.
IPO's Weaknesses
- High Initial Capital Investment
- Land Acquisition Challenges
- Dependence on Government Policies
- Technological Obsolescence.
Oneindig Technologies IPO GMP (Grey Market Premium)
Oneindig Technologies IPO GMP today has not started yet as of 27 July 2026, while writing this information.
Oneindig Technologies IPO Summary
|
IPO Opening & Closing Date |
30 Jul, 2026 to 03 Aug, 2026 |
|
Face Value |
Rs. 10 per Share |
|
Issue Price |
Rs. 91 to Rs. 96 per Share. |
|
Lot Size |
1200 Shares |
|
Issue Size |
28,80,000 Shares (Rs. 28 Cr) |
|
Offer for Sale |
- |
|
Fresh Issue |
27,36,000 Shares (Rs. 26 Cr) |
|
Listing at |
BSE, SME |
|
Issue Type |
Bookbuild Issue |
|
Registrar |
Maashitla Securities Pvt. Ltd |
IPO Lot Details
Retail investors can invest in a minimum of 2 Lots (2400 Shares) for Rs. 2,30,400 and in multiples thereof, while HNI investors can invest in a minimum of 3 Lots (3600 Shares) for Rs. 3,45,600.
|
Minimum Lot Investment (Retail) |
2 Lots |
|
Maximum Lot Investment (Retail) |
2 Lots |
|
HNI (Min) |
3 Lots |
Oneindig Technologies IPO Allotment Status
To check the Oneindig Technologies IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.
Using BSE Website - BSE IPO allotment status
Promoters And Management of Oneindig Technologies Ltd.
- Manoj Agarwal
- Seema Agarwal.
|
Pre-Issue Promoter Shareholding |
51.33% |
|
Post-Issue Promoter Shareholding |
37.80% |
IPO Lead Managers
- Share India Capital Services Pvt. Ltd.
Dividend Policy
The company has not declared a dividend during the last three FYs.
Conclusion
Oneindig Technologies IPO offers exposure to India’s growing solar EPC and renewable energy sector, supported by improving revenue, profitability, and a diversified service portfolio.
However, investors should consider its high borrowings, dependence on working capital, policy-related risks, and the relatively high minimum investment required for the SME category.
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Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO.
You must consult your financial advisor before making any financial decisions.
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To read the Prospectus of the company, click here to download the DRHP.
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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and informational purposes only. Always consult your eligible financial advisor for investment-related decisions.









