Infinity Infoway IPO
Open SmeCurrent GMP
₹60 (+38.71%)
Price Band
₹ 147 – 155
Lot Size
800
Issue Size
₹24.42 Cr
Minimum Investment
₹248000 (1600 Shares)
Listing Date
08 October 2025
Subscription
314.67x
About the Company
Infinity Infoway Limited
Incorporated in 2008 and headquartered in Rajkot, Gujarat, Infinity Infoway Limited is a leading SaaS company focused on delivering customized cloud-based Enterprise Resource Planning (ERP) solutions. With a strong pan-India presence, the company caters to diverse sectors including education, manufacturing, retail, construction, customer relationship management (CRM), supply chain management (SCM), and human resource management (HRM).
Key Offerings
- Education ERP: The flagship Campus Management System is deployed across more than 55 universities and 1,000 colleges in India, enabling efficient management of student administration, attendance, examinations, and academic monitoring.
- Industrial ERP: Comprehensive ERP platforms tailored for small, medium, and large enterprises, covering modules for sales, accounting, GST, CRM, and supply chain management.
- Other Solutions & Services:
- Web development and digital learning platforms
- Online exam portals and QPDS
- Custom ERP development
- Business process consulting
- ERP support and manpower outsourcing
Infinity Infoway serves a wide client base including Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research, HiBond Cement, Davat Beverages, and Kich – Steel for Life, among others.
Operations & Workforce
As of September 2024, the company employs 113 professionals and operates actively across key Indian states and industrial clusters. It also maintains associations with prominent engineering and business networks.
Strategic Investments
- In 2019, PayTM (One97 Communications) acquired 3,618 preferential shares in the company.
- Infinity Infoway holds a 49.80% equity stake in Infinity Transoft Solutions.
Promoters
- Mr. Bhaveshkumar Dhirajlal Gadhethriya
- Mr. Dhirajlal Bhanjibhai Gadhethariya
- Mrs. Rinaben Bhaveshkumar Gadhethariya
Promoters Holding
Holding Pre Issue
96.34%
Holding Post Issue
0.00%
Objects of the Issue
The Company Infinity Infoway IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Development of the Product ZEROTOUCH DaaS
- Upgrade the Product and Technology
- Acquiring IT hardware and equipment’s
- Marketing and promotion
- General corporate purposes
Address / Contact Info
Infinity Infoway Ltd.
P-9, NR. Water Tank, Visvakarma Society,
Mavadi Chokdi, Rajkot,
Gujrat, India, 360004
Rajkot, Gujarat, 360004
Phone: 9687800336
Email: cs@infinityinfoway.com
Website: http://www.infinityinfoway.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 30 September 2025
IPO Close Date
Friday, 03 October 2025
Basis of Allotment
Monday, 06 October 2025
Initiation of Refunds
Tuesday, 07 October 2025
Credit of Shares to Demat
Tuesday, 07 October 2025
Listing Date
Wednesday, 08 October 2025 — NSE & BSE
Important Dates
Open Date
30 September 2025
Close Date
03 October 2025
Basis Of Allotment
06 October 2025
Listing Date
08 October 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 14.92 | 8.1 | 3.59 |
| Revenue | 13.48 | 10.35 | 5.38 |
| Profit After Tax | 4.19 | 3.47 | 0.94 |
| Net Worth | 12.68 | 5.03 | 1.58 |
| Reserve & Surplus | 0 | 0 | 0 |
| Total Borrowings | 0.23 | 0.48 | 0.7 |
EPS Pre
11.22%
EPS Post
7.89%
P/E Pre
13.81
P/E (Post Issue)
19.64x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 47.33 | 104.85 | 86.16 |
| ROCE % | 43.95 | 85.01 | 77.47 |
| Debt / Equity | 0 | 0 | 0 |
| RoNW % | 33.06 | 68.85 | 59.51 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 31.77 | 34.08 | 18.15 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 272800 | 25.07 | 0 |
| Non-Institutional | 206400 | 18.97 | 0 |
| BNII | 137600 | 12.65 | 0 |
| SNII | 68800 | 6.32 | 0 |
| Retail Investors | 479200 | 44.04 | 0 |
| Employees | 129600 | 11.92 | 0 |
| Total | 1088000 | 100 | 0 |
Subscription Status ( Fri, 03 Oct 25 01:41 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 272800 | 42868000 | 157.14x |
| Non-Institutional | 206400 | 113400000 | 549.42x |
| Retail Investors | 479200 | 145308800 | 303.23x |
| Total | 958400 | 301576800 | 314.67x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Infinity Infoway Limited | 10 | 0.00 | 11.26 | 11.26 | 33.06 | 32.70 |
| Vertexplus Technologies Ltd | 10 | 62.50 | 1.60 | 1.60 | 3.67 | 43.90 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 248,000.00 |
| Retail (Max) | 2 | 1,600 | 248,000.00 |
| S-HNI (Min) | 3 | 2,400 | 372,000.00 |
| S-HNI (Max) | 8 | 6,400 | 992,000.00 |
| B-HNI (Min) | 9 | 7,200 | 1,116,000.00 |
Registrar
Bigshare Services Pvt Ltd
91-22-6263 8200
investor@bigshareonline.com
https://www.bigshareonline.com
Book Running Lead Managers
- Holani Consultants Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Infinity Infoway IPO is a Book-building IPO worth ₹24.42 crores. The price band is ₹147 to 155 per share. The IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The Infinity Infoway IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025
Infinity Infoway IPO Price Band is ₹147 to 155.
Infinity Infoway IPO lot size is 800, and the minimum amount required for application is ₹248000.
The minimum investment for Infinity Infoway IPO is approximately ₹248000 based on the upper price band.
To apply for the Infinity Infoway IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Oct 3, 2025. After submission, funds are blocked until the basis of allotment of Infinity Infoway IPO is finalised.
Infinity Infoway IPO issue size is ₹24.42 crores.
Infinity Infoway IPO allotment date is Sat, Jun 27, 2026.
The registrar for Infinity Infoway IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website for IPO allotment status, refund processing, and other queries related to Infinity Infoway IPO through their official website or helpline.
The Infinity Infoway IPO GMP (Grey Market Premium) is ₹60 as of Wed, Oct 8, 2025. Based on the upper price band of ₹155 per share, the estimated Infinity Infoway IPO listing price is ₹215, indicating a potential listing gain of approximately 31% over the issue price.