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Onix Solar Energy Rights Issue (Onix Solar Energy Rights Issue May 2026) Detail

₹60.17 Crores | Listing at BSE | Mon, May 25, 2026 - Mon, Jun 1, 2026

Onix Solar Energy Rights Issue comprises 1.18 Cr equity shares aggregating to ₹60.17 Cr, offered at an issue price of ₹51 per share with a face value of ₹10 per share.

The record date for determining eligible shareholders is May 15, 2026, with the Rights Issue being offered in the entitlement ratio of 8:17.

As per the terms of payment,

The Rights Entitlements are expected to be credited to eligible demat accounts on May 18, 2026.

The Rights Issue opens on May 25, 2026, and closes on Jun 1, 2026, with renunciation of Rights Entitlements permitted up to May 26, 2026.

The deemed date of allotment is Jun 2, 2026, following which the equity shares are expected to be credited to demat accounts on Jun 3, 2026 and listed on the BSE on Jun 4, 2026.

MUFG Intime India Pvt.Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Onix Solar Energy Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

IPO Stock Quote & Charts

Rights Issue Details

Issue Size (Shares)

1,17,97,736
Issue Price

₹51 per share
Terms of Payment

Issue Size (Amount)

₹60.17 Crores
Face Value

₹10 per share
Listing At

BSE

Rights Issue Timetable

Last Date to buy shares

Thu, May 14, 2026
Credit of Rights Entitlements

Mon, May 18, 2026
Renunciation of Rights Entitlements

Tue, May 26, 2026
Deemed Date of Allotment

Tue, Jun 2, 2026
Listing Date

Thu, Jun 4, 2026

Record Date

Fri, May 15, 2026
Bid/Offer Opens On

Mon, May 25, 2026
Bid/Offer Closes On

Mon, Jun 1, 2026
Credit Date

Wed, Jun 3, 2026

Company Financials (Restated Standalone)

Period Ended	31 Mar 2025	31 Mar 2024
Total Income	29.81	0.02
Profit After Tax	1.45	0.21
NET Worth	5.42	3.96
Reserves and Surplus	3.44	1.98
Total Borrowing	0.00	0.00
Amount in ₹ Crore

About Onix Solar Energy

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.

Objects of the Issue:

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects

Est Amt (₹ Cr.)
1 Investment in NOPL Pace Green Energy Private Limited

58.50
2 General Corporate Purposes

6.50
Total

65.00

Company Contact Information

Onix Solar Energy
A 204, 2nd Floor
Rustomjee Central Park, Andheri Kurla Road
Chakala, Andheri East,
Mumbai, 400069

916358128991
onixsolarenergylimited@gmail.com
Visit Website

Rights Issue Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270
onixsolar.rightsmay2026@in.mpms.mufg.com
Visit Website

Rights Issue FAQs

When is Onix Solar Energy Rights Issue May 2026 coming?

The Onix Solar Energy Rights Issue May 2026 opens on Mon, May 25, 2026, and closes on Mon, Jun 1, 2026.

What is the schedule for Onix Solar Energy Rights Issue May 2026?

Onix Solar Energy Rights Issue May 2026 Schedule

Last Date for credit of Rights Entitlements	Mon, May 18, 2026
Last Date for renunciation of Rights Entitlements	Tue, May 26, 2026
Issue Opening Date	Mon, May 25, 2026
Issue Closing Date	Mon, Jun 1, 2026
Date of Allotment (on or about)	Tue, Jun 2, 2026
Date of Credit (on or about)	Wed, Jun 3, 2026
Date of Listing (on or about)	Thu, Jun 4, 2026

What is the issue price for Onix Solar Energy Rights Issue May 2026?

Onix Solar Energy Rights Issue May 2026 price is set at ₹51 per share.

In what ratio is the Onix Solar Energy Rights Issue May 2026 offered?

The eligible shareholders are being offered 8 Rights Equity Share(s) for every 17 fully paid-up Equity Shares held on Record Date (Fri, May 15, 2026).

What is the record date for Onix Solar Energy Rights Issue May 2026?

The record date for the Onix Solar Energy Rights Issue May 2026 is Fri, May 15, 2026.

What is the issue size of Onix Solar Energy Rights Issue May 2026?

The issue size of Onix Solar Energy Rights Issue May 2026 is of 1,17,97,736 equity shares at ₹51 per share aggregating up to ₹60.17 Crores.

Where can I get the Letter of Offer for Onix Solar Energy Rights Issue May 2026?

The Letter of Offer for Onix Solar Energy Rights Issue May 2026 can be downloaded here.

How to apply for Onix Solar Energy Rights Issue May 2026?

You can apply for Onix Solar Energy Rights Issue May 2026 in two ways:

Net Banking (ASBA)
Registrar’s Website (R-WAP Facility)
Steps to apply for Onix Solar Energy Rights Issue May 2026 using Net Banking (ASBA)

Log in to the net banking account of your bank.
Go to the ‘IPO & Rights Issue’ section.
Check if the Onix Solar Energy Rights Issue May 2026 is available on the list.
Click the Apply button next to the Onix Solar Energy Rights Issue May 2026.
Fill and check your information.
Submit the application.
Steps to apply for Onix Solar Energy Rights Issue May 2026 using Registrar’s website (R-WAP)

Visit registrar’s website
Go to the ‘Rights Issue’ section
Select Onix Solar Energy Rights Issue May 2026 from the dropdown.
Enter Demat Account Number.
Fill the online application form.
Validate and submit the application.