Integrum Energy Infrastructure has filed preliminary papers with SEBI for an initial public offering comprising 1.58 crore fresh equity shares and an Offer for Sale (OFS) of 82.42 lakh equity shares by promoters and existing shareholders. According to the draft red herring prospectus filed on Thursday, the total offer size amounts to 2.41 crore equity shares. The fresh issue proceeds will be utilized for funding working capital requirements, investment in subsidiary Integrum Green Assets for wind turbine generator procurement, and repayment of outstanding borrowings. Additionally, the company plans to use proceeds for strategic investment and acquiring controlling interest in Stactiv Energy Services Pvt Ltd, as well as meeting general corporate purposes.
This marks a renewed listing effort following a previous pause in 2025 when Integrum Energy Infrastructure had filed draft papers for a proposed listing on the BSE SME platform. The earlier IPO comprised a fresh issue of up to 49.50 lakh equity shares and an OFS of up to 5.40 lakh shares by promoters, but the company did not proceed with its proposed listing plans. The Bengaluru-based company is now positioning itself as an integrated renewable energy and energy-management platform focused on serving commercial and industrial customers across the renewable energy value chain.
As of August 31, 2026, Integrum Energy Infrastructure has commissioned 263.19 MW of renewable energy capacity, comprising hybrid, wind and solar projects. The company's executable order book stands at 241 MW across these technologies, with hybrid and wind projects accounting for the bulk of the order book and the remainder from solar projects. The book-running lead managers for the proposed IPO are Mefcom Capital Markets, Centrum Broking and Beeline Capital Advisors.
The company's strategic expansion plans include strengthening its working capital position while expanding its portfolio of renewable energy projects. A portion of the raised capital will be directed towards its subsidiary Integrum Green Assets, primarily for procuring wind turbines and settling outstanding debts. This renewed IPO filing represents the company's commitment to capitalizing on the growing renewable energy market opportunities while addressing its current financial requirements.
