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The proposed IPO comprises a fresh issue of 1.58 crore equity shares and an Offer for Sale (OFS) of 82.42 lakh equity shares by promoters and existing shareholders, taking the total offer size to 2.41 crore equity shares, according to the draft red herring prospectus (DRHP) filed on Thursday. Proceeds from the fresh issue will be utilised towards funding the company's working capital requirements, investment in its subsidiary Integrum Green Assets Pvt Ltd for procurement of wind turbine generators and associated equipment, and repayment or prepayment of certain outstanding borrowings, draft papers noted. The Bengaluru-based company also plans to use the proceeds for making a strategic investment and acquiring a controlling interest in Stactiv Energy Services Pvt Ltd, besides meeting general corporate purposes. Earlier in 2025, Integrum Energy Infrastructure had filed draft papers for a proposed listing on the BSE SME platform. The IPO comprised a fresh issue of up to 49.50 lakh equity shares and an Offer for Sale (OFS) of up to 5.40 lakh shares by promoters. However, the company did not proceed with its proposed listing plans. The company is an integrated renewable energy and energy-management platform focused on serving commercial and industrial customers across the renewable energy value chain, with a focus on hybrid, wind and solar projects. As of August 31, 2026, the company had commissioned 263.19 MW of renewable energy capacity, comprising hybrid, wind and solar projects. Its executable order book stood at 241 MW across these technologies, with hybrid and wind projects accounting for the bulk of the order book and the remainder coming from solar projects. The book-running lead managers for the proposed IPO are Mefcom Capital Markets, Centrum Broking and Beeline Capital Advisors. (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price (What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price
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