Infinity Infoway IPO
GMP, Subscription, Price, Dates & Financial Details
It - Software
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…
Open Date
Tue, 30 Sep 2025
Close Date
Fri, 03 Oct 2025
Price Band
₹ 147 – 155
Lot Size
800
Issue Size
₹ 24.42 Cr
Minimum Investment
₹ 248,000 (1600 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Infinity Infoway IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹24.42 Crore.
The Infinity Infoway IPO remained open for subscription from September 30, 2025, to October 03, 2025. The basis of allotment was finalized on October 06, 2025, and the company's shares were listed on BSE SME Platform on October 08, 2025.
The company had fixed the price band at ₹147 to ₹155 per share, with a lot size of 800 shares. Retail investors were required to make a minimum investment of ₹248,000 (based on the upper price band) to apply for one lot.
Bigshare Services Pvt Ltd served as the registrar to the issue. Holani Consultants Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Infinity Infoway Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Infinity Infoway IPO Timeline (Tentative)
- IPO Open Date
- Tue, 30 Sep 25
- IPO Close Date
- Fri, 03 Oct 25
- Basis of Allotment
- Mon, 06 Oct 25
- Initiation of Refunds
- Tue, 07 Oct 25
- Credit of Shares to Demat
- Tue, 07 Oct 25
- Listing Date
- Wed, 08 Oct 25 — NSE & BSE
Open Date
30 September 2025
Close Date
03 October 2025
Basis Of Allotment
06 October 2025
Listing Date
08 October 2025
IPO Subscription
Check Live Subscription →The Infinity Infoway IPO has received bids for 30,15,76,800 shares against 9,58,400 shares offered, resulting in an overall subscription of 314.67x. the NII category is subscribed 549.42x, Retail Investors 303.23x, and QIBs 157.14x.
QIB
157.14x
NII
549.42x
RII
303.23x
Total
314.67x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 4,79,200 shares, representing 44.04% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 2,72,800 shares (25.07%), while Non-Institutional Investors (NIIs) receive 2,06,400 shares (18.97%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 272,800 | 25.07% |
| Non-Institutional | 206,400 | 18.97% |
| BNII | 137,600 | 12.65% |
| SNII | 68,800 | 6.32% |
| Retail Investors | 479,200 | 44.04% |
| Employees | 129,600 | 11.92% |
| Total | 1,088,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Infinity Infoway Limited KPI Information
| Particular | KPI as of Mon | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROE % | 47.33 | 104.85 | 86.16 |
| ROCE % | 43.95 | 85.01 | 77.47 |
| RoNW % | 33.06 | 68.85 | 59.51 |
| Pat Margin % | 31.77 | 34.08 | 18.15 |
Peers Comparison
| 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 |
About Infinity Infoway Limited
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.
Infinity Infoway IPO 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%
Infinity Infoway IPO Objective
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
Infinity Infoway Limited Address / Contact Details
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
Infinity Infoway IPO Lot Size
The Infinity Infoway IPO has a lot size of 800 shares. Retail investors require a minimum investment of ₹2,48,000 by applying for 2 lot (1,600 shares). The maximum application allowed for the retail category is 2 lots (1,600 shares), requiring an investment of ₹2,48,000.
| 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 |
Issue Reservation
- QIB — 25.07%
- NII — 18.97%
- RII — 44.04%
- EMP — 11.92%
Book Running Lead Managers
- Holani Consultants Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Infinity Infoway IPO?
Infinity Infoway IPO is a Book-building IPO with a total issue size of ₹24.42 crore. The Infinity Infoway IPO price band is ₹147 to 155 per share. The Infinity Infoway IPO subscription opens on Tue, Sep 30, 2025, and closes on Fri, Oct 3, 2025. The Infinity Infoway IPO will be listed on the BSE. Bigshare Services Pvt Ltd is the registrar for the Infinity Infoway IPO.
When will the Infinity Infoway IPO open for subscription?
The Infinity Infoway IPO opens on Tue, Sep 30, 2025 and closes on Fri, Oct 3, 2025
What is Infinity Infoway IPO Price Band?
Infinity Infoway IPO Price Band is ₹147 to 155 per share.
What is Infinity Infoway IPO Lot Size?
Infinity Infoway IPO lot size is 800 shares, Retail investors need a minimum investment of ₹248000 based on the upper price band
What is the minimum investment for Infinity Infoway IPO?
The minimum investment for Infinity Infoway IPO is ₹248000, based on one lot of 800 shares at the upper price band of ₹155 per share.
How to apply for Infinity Infoway IPO?
Investors can apply for the Infinity Infoway IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Oct 3, 2025. The application amount remains blocked until the Infinity Infoway IPO allotment is finalized.
What is Infinity Infoway IPO Issue Size?
Infinity Infoway IPO issue size is ₹24.42 crores.
What is the Infinity Infoway IPO Allotment Date?
Infinity Infoway IPO allotment date is Mon, Oct 6, 2025.
Who is the Infinity Infoway IPO Registrar?
The registrar for Infinity Infoway IPO is Bigshare Services Pvt Ltd. Investors can go to Bigshare Services Pvt Ltd website to check Infinity Infoway IPO allotment status, refund processing, and other IPO-related information.
What is the Infinity Infoway IPO GMP?
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 38.71% over the issue price.
Who is the Infinity Infoway IPO Lead Manager?
The book-running lead managers (BRLMs) for the Infinity Infoway IPO are Holani Consultants Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Infinity Infoway IPO Red Herring Prospectus (RHP).