Onix Renewable Share Price Description – Incorporated in 2007, Onix Renewable operates in various sectors of renewable energy in India, including Independent Power Production (IPP), Engineering, Procurement, and Construction (EPC), energy transition, and infrastructure development. The company specializes in wind, solar, storage, utility, hybrid systems, green hydrogen, research and development (R&D), and power generation.
With a robust track record, Onix Renewable has successfully launched over 500 MW of projects to date. The company is also expanding its operations into solar photovoltaic (PV) module manufacturing, currently boasting an annual capacity of 100 MW with ambitious plans to increase this to 1200 MW by the end of 2024.
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Business Model of Onix Renewable
- Project Development and Management: Onix Renewable develops projects from start to finish, managing all stages from design to construction, installation, commissioning and maintenance. This allows for customisation at every stage of the project lifecycle, so the company can meet client needs.
- Diverse Energy Solutions: The company works in multiple renewable energy sectors:
A. Solar Energy: Onix has invested heavily in solar technology and plans to increase our solar module manufacturing capacity from 100 MW to 1,200 MW by the end of 2024.
B. Wind Energy: The company has entered the wind energy space and is working on hybrid projects that combine wind and solar.
C. Green Hydrogen: Onix is exploring green hydrogen opportunities as part of our strategy to diversify our energy offerings. - Engineering, Procurement, and Construction (EPC) Services: Onix offers full EPC services for renewable energy projects. This includes feasibility studies, project planning, regulatory approvals and construction management. Our EPC services are designed to deliver high-quality execution and environmental compliance.
- Independent Power Producer (IPP): As an IPP, Onix Renewable generates and sells electricity from its renewable energy projects. This model aligns with stakeholder interests and supports long-term sustainability by providing power generation solutions.
- International Expansion: Onix Renewable is expanding internationally with projects in the USA, Vietnam, Thailand, and Africa. This global strategy is to meet the growing demand for renewable energy solutions worldwide and support local economies.
Services of Onix Renewable
- Solar Energy Solutions
- Wind Energy Solutions
- Energy Storage Solutions
- Green Hydrogen Initiatives
- Infrastructure Development
- Research & Development
- Project Management & Consulting Services
Product Portfolio of Onix Renewable
- Solar Panels: Available in monocrystalline, polycrystalline and TOPCON technologies.
- Solar Inverters: Convert solar energy into usable electricity.
- Solar Pumps: For agriculture and industrial use.
- Energy Management Systems: Tools to monitor and optimize energy production and consumption.
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Key Highlights – FY 2023 – 24
- As of June 2025, Onix Renewable is to acquire 6.44% of Onix Solar via an INR 264 per share open offer (INR 42.97 cr), triggered by preferential allotment, raising its stake to 74.59%.
- Onix Renewable, a Gujarat-based clean energy firm, is set to file its DRHP for an IPO worth INR 1,000–1,200 crore, combining a fresh issue and offer-for-sale.
- The company operates across solar EPC, IPP, T&D, and O&M, with 2.5 GW IPP capacity and an INR 14,000 crore order book.
- Onix plans to scale its solar module and cell manufacturing and expand globally. It recently raised INR 487 crore in a pre-IPO round and aims to list at a valuation of INR 8,000–10,000 crore.
- Onix Renewable is planning to invest INR 25,000 cr over the next 3 years to develop 7 GW of renewable energy and 5 GW of solar module and cell manufacturing. They plan to reach 10 GW by 2030.
- Onix is diversifying into solar PV module production, with a current capacity of 100 MW, planning to expand to 2400 MW by the end of 2024.
- Onix’s order book has grown to INR 2,120 cr for FY 2024.
- Recognized as India’s only EPC company providing comprehensive solar solutions, it has established a significant presence across 8 states with over 1000 employees and 400+ projects.
- They have signed MOUs worth INR 19,250 cr for solar and hybrid projects with the Government of Gujarat and INR 400 cr for solar projects with the Government of Uttar Pradesh.
- The company secured a total of 187.4 MW across 60 locations in Gujarat under the PM KUSUM scheme, making it the largest recipient of projects under this initiative.
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Onix Renewable Board of Directors
- Divyesh Savaliya, Chairman & Managing Director
- Harpreet Singh, Managing Director
- Piyush Patel, Chief Executive Officer
Onix Renewable Limited Share Price Details
| Name | Onix Renewable Limited Share Price Details |
| Face Value | INR 10 per share |
| ISIN Code | INE0TG701015 |
| Lot Size | 100 shares |
| Demat Status | NSDL, CDSL |
| Share Price of Onix Renewable | INR 225 per share |
| Market Cap | INR 2,526 crores |
| Total number of shares | 11,22,75,450 shares |
| Website | www.onixrenewable.com |
Onix Renewable Unlisted Share Price Details – Shareholding Pattern
The details of shareholders’ holding of equity shares:
| Shareholder Name | % to Holding | No. of shares |
| Promoters’ Holding | 100 | 16,70,000 |
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Onix Unlisted Share Price – Financial Performance
| Particulars | FY 2022 | FY 2023 | FY 2024 |
| Revenue | 99.86 | 146.46 | 325.21 |
| Revenue Growth (%) | 53.85 | 46.67 | 122.05 |
| Expenses | 97.59 | 135.20 | 293.33 |
| Net income | 2.25 | 9.08 | 34.61 |
| Margin (%) | 2.25 | 6.20 | 10.64 |
| EBITDA Margin (%) | 3.21 | 8.59 | 15.60 |
| EPS | 14.49 | 58.58 | 235.53 |
Onix Renewable Reports
Onix Renewable Company Profile
Onix Renewable Investors Pitch Deck
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Onix Renewable Unlisted Share Price – Peer Comparison
| Company | 3-yr Sales CAGR (%) | Net Margin (%) | MCap (INR crore) |
| Onix Renewable | 71.0 | 10.64 | 2,526 |
| Adani Green Energy | 29.8 | 17.85 | 1,50,269 |
| Suzlon Energy | 18.3 | 19.03 | 87,068 |
| JSW Energy | 12.9 | 16.88 | 92,929 |
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Onix Unlisted Share Price FAQs
Is it safe to purchase unlisted shares in India?
While there are risks associated with unlisted shares, purchases made from credible brokers and after conducting due diligence considerably lower these risks.
What is the Onix unlisted share price?
Onix Renewable share price today is INR 225 per share. Shares are purchased in lots of 100 shares.
Who determines the Onix Renewable unlisted share price?
Onix Renewable share price is determined by various factors including recent transaction price, supply and demand, valuation in the latest funding round, profitability, and return ratios.
When is Onix Renewable Limited IPO planned?
Onix Renewable is planning an IPO to generate funds for renewable energy projects. Anticipating the IPO, investors are ready to capitalize on gains, with expectations of a listing in 2025.
I wont seel 1000 onix renuable share225