Infinity Infoway IPO vs Pushpa Jewellers IPO

Comparison between Infinity Infoway IPO and Pushpa Jewellers IPO.

IPO Details

Infinity Infoway IPO is a SME Bookbuilding IPO proposed to list at BSE SME while Pushpa Jewellers IPO is a SME Bookbuilding proposed to list at NSE SME.

Issue Size and Price

The total issue size of Infinity Infoway IPO is up to ₹23.19 Cr whereas the issue size of the Pushpa Jewellers IPO is up to ₹93.71 Cr. The final issue price of Infinity Infoway IPO is ₹155.00 per share and of Pushpa Jewellers IPO is ₹147.00 per share.

 Infinity Infoway IPOPushpa Jewellers IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹147.00 per share₹143.00 per share
Issue Price (Upper)₹155.00 per share₹147.00 per share
Issue Price (Final)₹155.00 per share₹147.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size800 shares1000 shares
Fresh Issue Size14,96,000 shares50,34,000 shares
Fresh Issue Size (Amount)up to ₹23.19 Crup to ₹74.00 Cr
OFS Issue Size0 shares13,41,000 shares
OFS Issue Size (Amount)up to ₹0.00 Crup to ₹19.71 Cr
Issue Size Total14,96,000 shares63,75,000 shares
Issue Size Total (Amount)up to ₹23.19 Crup to ₹93.71 Cr

IPO Timetable

Infinity Infoway IPO opens on Sep 30, 2025, while Pushpa Jewellers IPO opens on Jun 30, 2025. The closing date of Infinity Infoway IPO and Pushpa Jewellers IPO is Oct 03, 2025, and Jul 02, 2025, respectively.

 Infinity Infoway IPOPushpa Jewellers IPO
Anchor Bid DateSep 29, 2025Jun 27, 2025
Issue OpenSep 30, 2025Jun 30, 2025
Issue CloseOct 03, 2025Jul 02, 2025
Basis Of Allotment (Tentative)Oct 06, 2025Jul 03, 2025
Initiation of Refunds (Tentative)Oct 07, 2025Jul 04, 2025
Credit of Share (Tentative)Oct 07, 2025Jul 04, 2025
Listing date (Tentative)Oct 08, 2025Jul 07, 2025
Anchor Lockin End date 1Nov 04, 2025Aug 03, 2025
Anchor Lockin End date 2Jan 03, 2026Oct 02, 2025

Financials & KPIs

Infinity Infoway IPO P/E ratio is 13.81, as compared to Pushpa Jewellers IPO P/E ratio of 12.44.

 Infinity Infoway IPOPushpa Jewellers IPO
Financials

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.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets14.928.103.59
Total Income13.4810.355.38
Profit After Tax4.193.470.94
EBITDA6.164.911.46
NET Worth12.685.031.58
Total Borrowing0.230.480.70
Amount in ₹ Crore

Company Financials (Restated)

Pushpa Jewellers Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 64% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets91.1051.4643.39
Total Income281.27255.49165.84
Profit After Tax22.2913.588.14
NET Worth58.1436.0822.50
Reserves and Surplus39.2835.8422.27
Total Borrowing21.938.2614.79
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)96.34100
Promoter Shareholding (Post-Issue)68.577.29
P/E Ratio13.8112.44
Market Cap₹82.31 Cr.₹356.08 Cr.
ROE47.3347.31
ROCE43.9527.84
Debt/Equity0.38
EPS₹11.22₹11.82
RoNW33.0638.34

Shares Offered

In the Infinity Infoway IPO Retail Individual Investors (RII) are offered 4,79,200 shares while in Pushpa Jewellers IPO retail investors are offered 4,79,200 shares. Qualified Institutional Buyers (QIB) are offered 2,72,800 shares in Infinity Infoway IPO and 22,31,000 shares in Pushpa Jewellers IPO.

 Infinity Infoway IPOPushpa Jewellers IPO
Anchor Investor Reservation4,08,000 shares9,56,000 shares
Market Maker Reservation79,200 shares3,36,000 shares
QIB2,72,800 shares22,31,000 shares
NII2,06,400 shares9,57,000 shares
RII4,79,200 shares22,31,000 shares
Employee1,29,600 shares0 shares
Others
Total14,96,000 shares63,75,000 shares

Bids Received (Subscription)

Infinity Infoway IPO subscribed 277.24x in total, whereas Pushpa Jewellers IPO subscribed 2.46x.

 Infinity Infoway IPOPushpa Jewellers IPO
QIB (times)157.14x1.18x
NII (times)548.99x2.51x
Big NII (times)649.06x
Small NII (times)348.85x
RII (times)303.35x3.71x
Employee (times)0.77x
Other (times)
Total (times)277.24x2.46x

Compare with others

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Infinity Infoway IPO Vs Pushpa Jewellers IPO