Functional & Innovative IPO vs Renfra Energy India IPO

Comparison between Functional & Innovative IPO and Renfra Energy India IPO.

IPO Details

Functional & Innovative IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Renfra Energy India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Functional & Innovative IPO is up to ₹0.00 Cr whereas the issue size of the Renfra Energy India IPO is up to ₹0.00 Cr. The final issue price of Functional & Innovative IPO is and of Renfra Energy India IPO is .

 Functional & Innovative IPORenfra Energy India IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)
Discount (Retail)
Discount (Employee)
Market Lot Size
Fresh Issue Size60,00,000 shares0 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹430.00 Cr
OFS Issue Size25,00,000 shares47,94,800 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹0.00 Cr
Issue Size Total85,00,000 shares4,30,47,94,800 shares
Issue Size Total (Amount)up to ₹0.00 Crup to ₹0.00 Cr

IPO Timetable

Functional & Innovative IPO opens on , while Renfra Energy India IPO opens on . The closing date of Functional & Innovative IPO and Renfra Energy India IPO is , and , respectively.

Financials & KPIs

Functional & Innovative IPO P/E ratio is , as compared to Renfra Energy India IPO P/E ratio of .

 Functional & Innovative IPORenfra Energy India IPO
Financials

Company Financials (Restated Consolidated)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2023
Assets163.1798.4686.2958.45
Total Income232.90260.76162.02115.57
Profit After Tax25.6123.2213.763.22
EBITDA37.4234.4721.467.17
NET Worth71.4427.5526.7212.94
Reserves and Surplus52.7427.5326.7012.92
Total Borrowing40.4134.4029.6422.77
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Renfra Energy India Ltd.'s revenue increased by 99% and profit after tax (PAT) rose by 66% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets996.28393.44134.15
Total Income1,018.22511.43446.73
Profit After Tax156.8294.5536.86
EBITDA245.94131.0855.41
NET Worth466.30252.5948.64
Reserves and Surplus466.18252.4748.54
Total Borrowing268.073.43
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)81.93
Promoter Shareholding (Post-Issue)
P/E Ratio
Market Cap
ROE85.5843.63
ROCE49.58
Debt/Equity1.25
EPS₹9.25
RoNW84.2833.63

Shares Offered

In the Functional & Innovative IPO Retail Individual Investors (RII) are offered 0 shares while in Renfra Energy India IPO retail investors are offered 0 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in Functional & Innovative IPO and 0 shares in Renfra Energy India IPO.

 Functional & Innovative IPORenfra Energy India IPO
Anchor Investor Reservation0 shares0 shares
Market Maker Reservation0 shares0 shares
QIB0 shares0 shares
NII0 shares0 shares
RII0 shares0 shares
Employee0 shares0 shares
Others
Total0 shares0 shares

Bids Received (Subscription)

Functional & Innovative IPO subscribed in total, whereas Renfra Energy India IPO subscribed .

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