Infinity Infoway IPO
Infinity Infoway IPO Details
-
Open Date
30 Sep 2025
-
Close Date
03 Oct 2025
-
Listing Date
08 Oct 2025
- IPO Price Range
₹ 147 to ₹155
- IPO Size
₹ 24.42 Cr
- Listing Exchange
BSE SME
Infinity Infoway IPO Timeline
Infinity Infoway IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 30-Sep-25 | 3.51 | 0.52 | 0.34 | 1.14 |
| 01-Oct-25 | 3.51 | 2.90 | 3.40 | 2.99 |
| 03-Oct-25 | 157.14 | 548.99 | 303.35 | 277.24 |
Last Updated: 03 October 2025 6:50 PM by 5paisa
Infinity Infoway Limited is a software-as-a-service (SaaS) company providing customised cloud-based ERP solutions across India. Key Offerings:
Campus Management System for universities
Industrial ERP covering sales, accounting, GST, CRM, supply chain modules
Web development & digital learning platforms
Online exam portals and QPDS
Custom ERP solutions, consulting, and manpower outsourcing
Established in: 2008
MD: Mr Bhaveshkumar Dhirajlal Gadhethriya
Peers:
Vertexplus Technologies Limited
Infinity Infoway Objectives
The company proposes to utilise the net proceeds from the issue for the following purposes:
Development of the Product ZEROTOUCH Device as a Service (“DaaS”) – ₹3.75 Cr
Purchase of new IT infrastructure and certification – ₹2.61 Cr
Funding tender deposits and earnest money deposits (EMD) – ₹4.00 Cr
Funding incremental working capital requirements – ₹8.58 Cr
General corporate purposes
Infinity Infoway IPO Size
| Types | Size |
|---|---|
| Total IPO Size | ₹24.42 Cr |
| Offer For Sale | - |
| Fresh Issue | ₹24.42 Cr |
Infinity Infoway IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | 2,35,200 |
| Retail (Max) | 2 | 1,600 | 2,48,000 |
Infinity Infoway IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.)* |
|---|---|---|---|---|
| QIB | 157.14 | 2,72,800 | 4,28,68,000 | 664.45 |
| NII (HNI) | 548.99 | 2,06,400 | 11,33,11,200 | 1,756.32 |
| Retail Investors | 303.35 | 1,29,600 | 14,53,63,200 | 2,253.13 |
| Total** | 277.24 | 10,88,000 | 30,16,41,600 | 4,675.44 |
*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.
| Particulars | FY23 | FY24 | FY25 |
| Revenue | 5.17 | 10.17 | 13.19 |
| EBITDA | 1.46 | 4.91 | 6.16 |
| Profit After Tax (PAT) | 0.94 | 3.47 | 4.19 |
| Particulars | FY23 | FY24 | FY25 |
| Assets | 3.59 | 8.10 | 14.92 |
| Equity Capital | 0.01 | 0.01 | 3.87 |
| Total Borrowing | 0.70 | 0.48 | 0.23 |
Consolidated Cash Flows (₹ Lakh)
| Particulars | FY23 | FY24 | FY25 |
| Net Cash from Operating Activities | 1.40 | 2.22 | 2.40 |
| Net Cash from Investing Activities | -0.80 | -1.16 | -2.84 |
| Net Cash from Financing Activities | -0.39 | -0.27 | 3.19 |
| Net Increase / (Decrease) in Cash | 0.22 | 0.80 | 2.75 |
Strengths
1. Experienced management team with deep industry domain expertise.
2. AI-enabled ERP products are aligned with the National Education Policy 2020.
3. Proven ERP implementation across education and industrial sectors.
4. Strong financial growth and robust nationwide presence.
Weaknesses
1. Limited geographic presence outside the current client base.
2. Dependence on IT infrastructure for seamless service delivery.
3. Niche market focus may restrict rapid expansion.
4. Cash flow may fluctuate due to large infrastructure investments.
Opportunities
1. Rising demand for ERP and SaaS solutions across India.
2. Expansion potential in digital learning and online education platforms.
3. Increasing adoption of cloud-based ERP systems by enterprises.
4. Potential to scale AI-enabled products for new industries.
Threats
1. Intense competition from domestic and global ERP providers.
2. Regulatory or policy changes affecting software deployment.
3. Cybersecurity and data privacy risks may impact operations.
4. Delays in client adoption or project execution could affect revenue.
1. Expert Management Team with proven domain knowledge
2. AI-enabled products aligned with NEP 2020
3. Strong ERP implementation capabilities
4. Robust financial growth and performance
5. Diversified services across educational and industrial sectors
Infinity Infoway operates in the SaaS and ERP industry, which is witnessing strong growth due to digital transformation, cloud adoption, and AI integration. The company’s established products, nationwide presence, and proven ERP delivery track record position it well to capitalise on rising demand in the education and industrial sectors.
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FAQs
Infinity Infoway IPO Opens on September 30, 2025 and closes on October 3, 2025.
The Infinity Infoway IPO has an issue size of ₹24.42 Cr.
Infinity Infoway IPO has a price band of ₹147 to ₹155 per share.
To apply for Infinity Infoway IPO, follow the steps given below:
● Log in to your 5paisa demat account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Infinity Infoway IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
Infinity Infoway IPO has a minimum lot size of 1,600 shares with a minimum investment amount of ₹2,35,200.
Allotment date of Infinity Infoway IPO is on October 6, 2025.
Infinity Infoway IPO is tentatively expected to be listed on October 8, 2025, on BSE SME.
Lead Manager: Holani Consultants Pvt. Ltd. is the lead manager for the Infinity Infoway IPO.
Infinity Infoway shall utilise its IPO proceedings for;
Development of the Product ZEROTOUCH Device as a Service (“DaaS”) – ₹3.75 Cr
Purchase of new IT infrastructure and certification – ₹2.61 Cr
Funding tender deposits and earnest money deposits (EMD) – ₹4.00 Cr
Funding incremental working capital requirements – ₹8.58 Cr
General corporate purposes
Infinity Infoway Contact Details
P-9, NR. Water Tank, Visvakarma Society,
Mavadi Chokdi, Rajkot,
Gujrat, India
Rajkot, Gujarat, 360004
Phone: 9687800336
Email: cs@infinityinfoway.com
Website: http://www.infinityinfoway.com/
Infinity Infoway IPO Register
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Infinity Infoway IPO Lead Manager
Holani Consultants Pvt.Ltd