Comparison between GRE Renew Enertech IPO and Infinity Infoway IPO.
GRE Renew Enertech IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Infinity Infoway IPO is a SME Bookbuilding proposed to list at BSE SME.
| GRE Renew Enertech IPO | Infinity Infoway IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Bookbuilding | Bookbuilding |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Share India Capital Services Pvt.Ltd. | Holani Consultants Pvt.Ltd. |
| Registrar | Maashitla Securities Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Share India Securities Ltd. | Holani Consultants Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | Anchor Investor | Anchor Investor |
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of GRE Renew Enertech IPO is up to ₹37.55 Cr whereas the issue size of the Infinity Infoway IPO is up to ₹23.19 Cr. The final issue price of GRE Renew Enertech IPO is ₹105.00 per share and of Infinity Infoway IPO is ₹155.00 per share.
| GRE Renew Enertech IPO | Infinity Infoway IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹100.00 per share | ₹147.00 per share |
| Issue Price (Upper) | ₹105.00 per share | ₹155.00 per share |
| Issue Price (Final) | ₹105.00 per share | ₹155.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 800 shares |
| Fresh Issue Size | 35,76,000 shares | 14,96,000 shares |
| Fresh Issue Size (Amount) | up to ₹37.55 Cr | up to ₹23.19 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 35,76,000 shares | 14,96,000 shares |
| Issue Size Total (Amount) | up to ₹37.55 Cr | up to ₹23.19 Cr |
GRE Renew Enertech IPO opens on Jan 13, 2026, while Infinity Infoway IPO opens on Sep 30, 2025. The closing date of GRE Renew Enertech IPO and Infinity Infoway IPO is Jan 16, 2026, and Oct 03, 2025, respectively.
| GRE Renew Enertech IPO | Infinity Infoway IPO | |
|---|---|---|
| Anchor Bid Date | Jan 12, 2026 | Sep 29, 2025 |
| Issue Open | Jan 13, 2026 | Sep 30, 2025 |
| Issue Close | Jan 16, 2026 | Oct 03, 2025 |
| Basis Of Allotment (Tentative) | Jan 19, 2026 | Oct 06, 2025 |
| Initiation of Refunds (Tentative) | Jan 20, 2026 | Oct 07, 2025 |
| Credit of Share (Tentative) | Jan 20, 2026 | Oct 07, 2025 |
| Listing date (Tentative) | Jan 21, 2026 | Oct 08, 2025 |
| Anchor Lockin End date 1 | Feb 18, 2026 | Nov 04, 2025 |
| Anchor Lockin End date 2 | Apr 19, 2026 | Jan 03, 2026 |
GRE Renew Enertech IPO P/E ratio is 15.72, as compared to Infinity Infoway IPO P/E ratio of 13.81.
| GRE Renew Enertech IPO | Infinity Infoway IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)Infinity Infoway Ltd.'s revenue increased by 30% and profit after tax (PAT) rose by 21% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 95.06 | 96.34 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 69.99 | 68.5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 15.72 | 13.81 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹150.02 Cr. | ₹82.31 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 26.89 | 47.33 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 29.60 | 43.95 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.05 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹6.68 | ₹11.22 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 26.89 | 33.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the GRE Renew Enertech IPO Retail Individual Investors (RII) are offered 12,60,000 shares while in Infinity Infoway IPO retail investors are offered 12,60,000 shares. Qualified Institutional Buyers (QIB) are offered 7,14,000 shares in GRE Renew Enertech IPO and 2,72,800 shares in Infinity Infoway IPO.
| GRE Renew Enertech IPO | Infinity Infoway IPO | |
|---|---|---|
| Anchor Investor Reservation | 10,62,000 shares | 4,08,000 shares |
| Market Maker Reservation | 1,92,000 shares | 79,200 shares |
| QIB | 7,14,000 shares | 2,72,800 shares |
| NII | 5,40,000 shares | 2,06,400 shares |
| RII | 12,60,000 shares | 4,79,200 shares |
| Employee | 0 shares | 1,29,600 shares |
| Others | ||
| Total | 35,76,000 shares | 14,96,000 shares |
GRE Renew Enertech IPO subscribed 16.53x in total, whereas Infinity Infoway IPO subscribed 277.24x.
| GRE Renew Enertech IPO | Infinity Infoway IPO | |
|---|---|---|
| QIB (times) | 14.69x | 157.14x |
| NII (times) | 24.67x | 548.99x |
| Big NII (times) | 27.99x | 649.06x |
| Small NII (times) | 18.02x | 348.85x |
| RII (times) | 14.10x | 303.35x |
| Employee (times) | 0.77x | |
| Other (times) | ||
| Total (times) | 16.53x | 277.24x |
