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Infinity Infoway Ltd

IPO Details · GMP · Subscription · Financials
✅ Listed BSE SME SME
Issue Price
₹155
Per Share
GMP
+₹10
+6.45% Grey Market
Est. Listing
₹165
Expected Price
Min. Application
₹248,000
2 lots × 800 shares
IPO Issue Details
Issue Price / Price Band₹155 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size800 Shares per Lot
Total Issue Size15,75,200 shares (aggregating up to ₹24.42 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 30 Sep 2025
Subscription CloseFri, 03 Oct 2025
Anchor AllotmentMon, 29 Sep 2025
Basis of AllotmentMon, 06 Oct 2025
Initiation of RefundsTue, 07 Oct 2025
Credit of Shares to DematTue, 07 Oct 2025
Listing DateWed, 08 Oct 2025
UPI Mandate Deadline2025-10-03
Application & Investment Details
Retail — Min (2 Lots)₹2,48,000 — 1,600 shares
Retail — Max (13 Lots)₹1,612,000 (13 Lots)
HNI — Min (3 Lots)₹3,72,000 — 2,400 shares
QIB Quota43.22% of Issue
NII / HNI Quota13.10% of Issue
Retail Quota30.42% of Issue
Market Maker Quota5.03% of Issue
EPS (Pre-IPO)₹11.22
EPS (Post-IPO)₹7.89
P/E Ratio (Pre-IPO)13.81x
P/E Ratio (Post-IPO)19.64x
Net Offer to Public14,96,000 shares (aggregating up to ₹23.19 Cr)
Reserved for Market Maker79,200 shares (aggregating up to ₹1.23 Cr)
Pre-IPO Promoter Holding38,77,000 shares
Post-IPO Promoter Holding54,52,200 shares
About Infinity Infoway Ltd

Infinity Infoway Limited, incorporated in 2008, is a leading SaaS company specializing in customized cloud-based ERP (Enterprise Resource Planning) solutions. With a strong nationwide presence, the company serves sectors including education, manufacturing, retail, construction, CRM, SCM, and HR management.Campus Management System is its flagship ERP platform, deployed in 26 universities. It enables efficient student administration, attendance tracking, exam scheduling, and academic monitoring.Infinity also offers Industrial ERP solutions covering sales, accounting, GST, CRM, and supply chain modules, tailored for small to large enterprises. In the last 3 fiscals, it has deployed 13 industrial ERP software. Additional offerings include:Web development and digital learning platformsOnline exam portals and QPDSCustom ERP developmentBusiness process consultingERP support and manpower outsourcingThe company’s clientele includes Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research, HiBond Cement, Davat Beverages, Kich – Steel for Life, among others.Competitive StrengthsExpert Management Team with Industry Domain KnowledgeAI enabled products developed in line National Education Policy-2020.Ensuring Successful ERP ImplementationEstablished Company with Strong Financial PerformanceRobust Products & Services

Shareholding & Lock-in
Pre-IPO Promoter Holding 38,77,000 shares
Post-IPO Promoter Holding 54,52,200 shares
Check Allotment Check Status →
Infinity Infoway Ltd — Live Price LIVE
₹155.00
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Issue Price
₹155.00
Issue Price
₹155.00
Face Value
₹10
Lot Size
800 sh
Listed On
08 Oct 2025
Exchange
BSE SME
GMP
+₹10
Symbol: BSE:INFINITY
Quick Facts
GMP Signal 🟢 Positive
StatusListed
Issue Price₹155
GMP+₹10
Est. Listing₹165
Lot Size800 shares
Min Amount₹248,000
Listing Date08 Oct 2025
QIB Shares680,800
NII Shares206,400
Retail Shares479,200
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹155
Listing Date08 Oct 2025
Listing Price₹—
Listing Gain/Loss—%
52-Week High₹—
52-Week Low₹—
GMP Trend — Infinity Infoway Ltd Post-listing trend
Issue Price ₹155.00
GMP +₹10
Est. Listing ₹165.00
Status: Listed
Infinity Infoway Ltd IPO Subscription Status
Total shares offered: 15,75,200 (100.00%). Issue price: ₹155. Subscription data will be updated once the IPO opens for bidding.
IPO Subscription Status Category-wise (as reported by BSE/NSE)
Category Shares Offered* Total Amt* (₹ Cr.)
Anchor
79,200 ₹1.230
QIB (Ex Anchor)
680,800 ₹10.550
NII
206,400 ₹3.200
Retail
479,200 ₹7.430
Total ** 1,575,200 ₹24.420
*: "Shares Offered" and "Total Amount" are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Important Dates
Subscription OpensTue, 30 Sep 2025
Subscription ClosesFri, 03 Oct 2025
Anchor AllotmentMon, 29 Sep 2025
Basis of AllotmentMon, 06 Oct 2025
Initiation of RefundTue, 07 Oct 2025
Demat CreditTue, 07 Oct 2025
Listing DateWed, 08 Oct 2025
UPI Mandate Deadline2025-10-03
Check AllotmentClick here →
Lot Size & Investment Table
ApplicationLotsSharesAmount
Retail (Min — 2 Lots) 2 1,600 ₹248,000
Retail (Max — 13 Lots) 13 10,400 ₹1,612,000
S-HNI (Min — 14 Lots) 14 11,200 ₹1,736,000
S-HNI (Max — 66 Lots) 66 52,800 ₹8,184,000
B-HNI (Min — 67 Lots) 67 53,600 ₹8,308,000
* Issue Price ₹155 × Lot Size 800 shares
Basis of Allotment — Infinity Infoway Ltd IPO
Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares) 206,400 479,200 685,600
Allotment price (Rs.) 155 155 155 155 155 155 155 155
No. of applications
No. of shares applied
Amount collected (Rs.cr.) 10.55 1.23 11.78 3.20 7.43 22.41
No. of times subscribed
No. of shares allotted 206,400 479,200 685,600
Amount (Rs.cr.) 10.55 1.23 11.78 3.20 7.43 10.63
No. of allottees
* Based on upper price band ₹155
** Anchor investor allotment is excluded from total shares offered to public.
IPO Shares Offered (Issue Structure)
Category Shares Offered Amt (₹ Cr) Size (%)
Anchor / Market Maker 79,200 ₹1.23
5.03%
QIB (Ex Anchor) 680,800 ₹10.55
43.22%
NII / HNI 206,400 ₹3.20
13.10%
Retail (RII) 479,200 ₹7.43
30.42%
Total 1,575,200 ₹24.42
100.00%
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars 31 Mar 2025 31 Mar 2024 31 Mar 2023
Revenue from Operations 13.48 10.35 5.38
EBITDA 6.16 4.91 1.46
Profit After Tax (PAT) 4.19 3.47 0.94
Net Worth 12.68 5.03 1.58
Total Assets 14.92 8.10 3.59
Reserves & Surplus Not Available Not Available Not Available
Total Borrowings 0.23 0.48 0.70
EBITDA Margin (%) 46.70%
PAT Margin (%) 31.77%
Key Ratios & Valuation
Issue Price₹155
Face Value₹10 Per Share
Price / Book Value (P/BV)4.74
Return on Equity (RoE)47.33%
Return on Capital Employed (RoCE)43.95%
Return on Net Worth (RoNW)33.06%
PAT Margin (%)31.77%
EBITDA Margin (%)46.70%
Debt / Equity RatioNot Available
Issue Structure & Shareholding
Total Shares Offered15,75,200 (100.00%)
Net Offer to Public14,96,000 shares (aggregating up to ₹23.19 Cr)
Reserved for Market Maker79,200 shares (aggregating up to ₹1.23 Cr)
Pre-Issue Promoter Holding38,77,000 shares
Post-Issue Promoter Holding54,52,200 shares
Script CodeNot Available
Objects of the Issue

Infinity Infoway Ltd proposes to utilize the net proceeds raised through this IPO for the following objects as stated in the Draft Red Herring Prospectus (DRHP) filed with SEBI:

1
Object 1
2
Object 2
3
Object 3
4
Object 4
5
Object 5
Issue Composition & Shareholding
Issue TypeBookbuilding IPO
Sale TypeFresh Capital
Total Shares Offered15,75,200 (100.00%)
Net Offer to Public14,96,000 shares (aggregating up to ₹23.19 Cr)
Reserved for Market Maker79,200 shares (aggregating up to ₹1.23 Cr)
Pre-Issue Promoter Holding38,77,000 shares
Post-Issue Promoter Holding54,52,200 shares
Company Details
Company Name
Infinity Infoway Ltd
Listing Exchange
BSE SME
IPO Type
allottees IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
Not Available
Registered Address
P-9, NR. Water Tank, Visvakarma Society, Mavadi Chokdi, Rajkot, Gujrat, India Rajkot, Gujarat, 360004
IPO Registrar (Share Transfer Agent)
Bigshare Services Pvt.Ltd
Official IPO Registrar & Share Transfer Agent
Book Running Lead Managers (BRLM)
Holani Consultants Pvt.Ltd
Book Running Lead Manager (BRLM)
IPO Allotment
Check Allotment Status Check Now
Quick Actions
Check Allotment Status
IPO Timeline
IPO Opens
30 Sep 2025, Tue
✓ Done
IPO Closes
03 Oct 2025, Fri
✓ Done
Basis of Allotment
06 Oct 2025, Mon
✓ Done
Initiation of Refunds
07 Oct 2025, Tue
✓ Done
Credit of Shares
07 Oct 2025, Tue
✓ Done
Listing Day
08 Oct 2025, Wed
✓ Done
Quick Summary
Issue Price₹155
Face Value₹10
Lot Size800 Shares
Min. Investment₹248,000
Open Date30 Sep 2025
Close Date03 Oct 2025
Allotment06 Oct 2025
Listing Date08 Oct 2025
ExchangeBSE SME
GMP+₹10
Est. Listing₹165
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