Onix Solar Energy Right Issue

₹60.17 Cr BSE 25 May 2026 – 1 Jun 2026

Closed Ratio: 8 : 17 BSE
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Issue Price
₹51.00
Face Value
₹10.00
Issue Size (Shares)
11,797,736
Issue Size (₹ Cr.)
₹60.17
📅 Right Issue Timetable
Last Date to Buy SharesThu, May 14, 2026
Record DateFri, May 15, 2026
Credit of Rights EntitlementsMon, May 18, 2026
Bid/Offer Opens OnMon, May 25, 2026
Issue Open DateMon, May 25, 2026
Renunciation Last DateTue, May 26, 2026
Bid/Offer Closes OnMon, Jun 1, 2026
Issue Close DateMon, Jun 1, 2026
Deemed Date of AllotmentTue, Jun 2, 2026
Credit DateWed, Jun 3, 2026
Listing DateFri, Jun 5, 2026
📋 Right Issue Details
Issue Size (Shares)11,797,736
Issue Size (Amount)₹60.17 Cr.
Issue Price₹51.00 per share
Face Value₹10.00 per share
Entitlement Ratio8 : 17
Listing AtBSE
Terms of Payment₹51 per share payable in full at the time of application.
📊 Company Financials (Restated)
Period Ended2025-12-312025-03-312024-03-31
Income87.1529.810.02
EBITDA
Net Worth19.945.423.96
Reserves & Surplus17.963.441.98

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1Investment in NOPL Pace Green Energy Private Limited₹58.50
2General Corporate Purposes₹1.17
3To meet Issue Expenses.₹0.50
Total₹60.17
🏢 About the Company
Incorporated in 2007, Onix Solar Energy Limited is engaged in the solar energy and EPC solutions business in India. The company provides rooftop solar systems, turnkey solar EPC projects, installation, operation & maintenance services, and customized renewable energy solutions for residential, commercial, and industrial customers.

The company’s business operations include engineering, procurement, and commissioning of solar power projects along with maintenance and energy management services. It offers solar solutions tailored to customer requirements across residential, commercial, and industrial sectors.

The company primarily operates in India and serves businesses, institutions, and individual consumers across multiple sectors. Onix Solar Energy focuses on clean energy adoption through project execution, engineering capabilities, and renewable energy solutions.
📞 Company Contact
CompanyOnix Solar Energy
AddressA 204, 2nd Floor
Rustomjee Central Park, Andheri Kurla Road
Chakala, Andheri East,
Mumbai, 400069
Phone916358128991
Emailonixsolarenergylimited@gmail.com
WebsiteVisit ↗
📝 Registrar
NameMUFG Intime India Pvt.Ltd
Phone022-49186000
Emailonixsolar.rightsmay2026@in.mpms.mufg.com
WebsiteVisit ↗