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 Date
IPO Price
GMP
Last Updated
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**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
Revenue
Profit After Tax
Net Worth
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.