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Infinity Infoway IPO
Infinity Infoway IPO is a book-built issue of INR 24.42 crores (entirely fresh issue). The price band is set at INR 147 to INR 155 per share, and the lot size for an application is 800. The minimum investment required by an individual investor is INR 2,48,000 (1,600 shares). IPO bidding opens on September 30, 2025, and closes on October 3, 2025. The IPO will list on BSE SME with a tentative listing date of October 8, 2025.
Company Background
Infinity Infoway Ltd. was incorporated in 2008 and is located in Rajkot, Gujarat. The company provides services to the educational sector (admission, library service, digital learning, online exams) and the industrial sector (sales & accounting, GST management, SCM, CRM). It also offers custom ERP development, web development, and DaaS. Their flagship product is the Campus Management System, deployed in 26 universities. The company’s primary goal is to expand and strengthen its market position.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Infinity Infoway IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Infinity Infoway IPO Details
| Detail | Description |
|---|---|
| IPO Date | September 30, 2025 to October 3, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹147 to ₹155 per share |
| Lot Size | 800 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 15,75,200 shares (aggregating up to ₹24.42 Cr) |
| Reserved for Market Maker | 79,200 shares (aggregating up to ₹1.23 Cr) Holani Consultants Pvt.Ltd. |
| Net Offered to Public | 14,96,000 shares (aggregating up to ₹23.19 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 38,77,000 shares |
| Share Holding Post Issue | 54,52,200 shares |
Infinity Infoway IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Tue, Sep 30, 2025 |
| IPO Close Date | Fri, Oct 3, 2025 |
| Tentative Allotment | Mon, Oct 6, 2025 |
| Initiation of Refunds | Tue, Oct 7, 2025 |
| Credit of Shares to Demat | Tue, Oct 7, 2025 |
| Tentative Listing Date | Wed, Oct 8, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Oct 3, 2025 |
Infinity Infoway IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 1,600 | ₹2,48,000 |
| Individual investors (Retail) (Max) | 2 | 1,600 | ₹2,48,000 |
| S-HNI (Min) | 3 | 2,400 | ₹3,72,000 |
| S-HNI (Max) | 8 | 6,400 | ₹9,92,000 |
| B-HNI (Min) | 9 | 7,200 | ₹11,16,000 |
| Employee (Min) | 2 | 1,600 | ₹2,48,000 |
| Employee (Max) | 4 | 3,200 | ₹4,96,000 |
Infinity Infoway IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 96.34% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Led by an experienced management team, promoters who have 20 years of experience in the technology sector.
- • Innovation in AI products that are aligned with the National Education Policy 2020.
Infinity Infoway IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 Mar 2025 | 14.92 | 13.48 | 4.19 | 12.68 | - | 0.23 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 8.10 | 10.35 | 3.47 | 5.03 | - | 0.48 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 3.59 | 5.38 | 0.94 | 1.58 | - | 0.70 | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 47.33% |
| ROCE | 43.95% |
| Debt/Equity | 33.06% |
| RoNW | 31.77% |
| PAT Margin | 46.70% |
| Price to Book Value | 4.74 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 11.22 | 7.89 |
| P/E (x) | 13.81 | 19.64 |
Conclusion
The Infinity Infoway IPO provides an opportunity to invest in a growing ERP and digital solutions company with 17+ years of experience. They serve both education and industrial sectors with products like Education ERP, Industrial ERP, Online Exam Portal, and Zero-Touch Paper. Infinity has a team of 135+ professionals and has been recognized as a “Great Place to Work”. Their strong client focus, profitability, and consistent growth make them an attractive option for investors.
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