Renfra Energy India unlisted share price

Price history

About

Renfra Energy India Limited is a Chennai-based company that builds solar and wind power projects for commercial and industrial customers. It calls itself a turnkey solutions provider. That means it does more than engineering, procurement and construction (EPC). It also handles project structuring, land procurement, grid connectivity, commissioning and long-term operations and maintenance (O&M). As of May 15, 2026, the company had completed projects with an installed capacity of 462.35 MW, made up of 412.85 MW of solar and 49.50 MW of wind. Its completed solar projects have served 112 customers and its wind projects 15 customers, all in Tamil Nadu and Puducherry. It also had ongoing projects of 139.10 MW, all in Tamil Nadu. Solar and wind projects together gave 98.36% of revenue from operations in FY26. On the restated consolidated numbers in its DRHP, revenue from operations was ₹10,136.97 million in FY26, up from ₹5,107.16 million in FY25. Profit after tax was ₹1,568.20 million in FY26 against ₹945.45 million in FY25. PAT margin was 15.47% in FY26. The company runs a single reportable business segment. The promoters are Muthuraj Periyasamy and Jayendran. Muthuraj Periyasamy, the Chairman and Managing Director, holds 138,699,000 equity shares, or 81.81% before the offer. The Draft Red Herring Prospectus was dated June 30, 2026 and filed with SEBI. The proposed offer is a fresh issue of up to ₹4,300.00 million plus an offer for sale of up to 4,794,800 shares by existing shareholders. Unistone Capital is the book running lead manager. The fresh issue money is proposed for redeeming non-convertible debentures, working capital and general corporate purposes. The company is not listed yet. Unlisted shares of a company like this change hands off-market through dealers, and the prices are indicative only. They do not come from a stock exchange. The indicative price on IPO Guru is ₹122 per share with a lot size of 1000 shares, and the IPO price will be set only after the issue is finalised.