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Infinity Infoway Ltd. IPO (Infinity Infoway IPO) Detail

Infinity Infoway IPO is a book build issue of 0.16 crore shares. The issue is entirely a fresh issue of shares.

Infinity Infoway IPO dates are yet to be announced.

Infinity Infoway IPO price band is set at [.] to [.] per share .

Holani Consultants Pvt.Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Holani Consultants Pvt.Ltd..

Refer to Infinity Infoway IPO DRHP for detailed Information.

Infinity Infoway IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Issue Price Band[.] to [.] per share
Lot Size
Sale TypeFresh Capital
Total Issue Size16,00,000 shares
(aggregating up to ₹[.] Cr)
Reserved for Market Maker
80,400 shares
(aggregating up to ₹[.] Cr)
Holani Consultants Pvt.Ltd.
Net Offered to Public15,19,600 shares
(aggregating up to ₹[.] Cr)
Issue TypeBookbuilding IPO
Listing AtBSE SME
Share Holding Pre Issue37,35,000 shares
Share Holding Post Issue53,35,000 shares

Infinity Infoway IPO Reservation

Investor Category Shares Offered
QIB Shares OfferedNot more than 50% of the Net Issue
Retail Shares OfferedNot less than 35% of the Net Issue
NII Shares OfferedNot less than 15% of the Net Issue

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only NII Above Rs 2 Lakhs No
Only employee Up to Rs 5 Lakhs Yes
Employee + RII/NII
  • Employee limit: Up to Rs 5 Lakhs (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: Above Rs. 2 lakhs
Yes for Employee and RII/NII

Infinity Infoway IPO Timeline (Tentative Schedule)

Infinity Infoway IPO opens on , and closes on .

Infinity Infoway IPO Promoter Holding

Mr. Bhaveshkumar Dhirajlal Gadhethriya, Mr. Dhirajlal Bhanjibhai Gadhethariya, Mrs. Rinaben Bhaveshkumar Gadhethariya are the comoany promoters.

Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue

About Infinity Infoway Ltd.

Infinity Infoway Limited, incorporated in 2008 and headquartered in Rajkot, Gujarat, is a leading SaaS company specializing in customized cloud-based ERP (Enterprise Resource Planning) solutions. With a strong nationwide presence, the company serves sectors including education, manufacturing, retail, construction, CRM, SCM, and HR management.

Its flagship Campus Management System is a comprehensive ERP platform used by over 55 universities and 1,000 colleges across India. It enables efficient student administration, attendance tracking, exam scheduling, and academic monitoring.

Infinity also offers Industrial ERP solutions covering sales, accounting, GST, CRM, and supply chain modules, tailored for small to large enterprises. Additional offerings include:

  • Web development and digital learning platforms
  • Online exam portals and QPDS
  • Custom ERP development
  • Business process consulting
  • ERP support and manpower outsourcing

The company’s clientele includes Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research, HiBond Cement, Davat Beverages, Kich – Steel for Life, among others.

With 113 employees as of September 2024, Infinity operates across key Indian states and industrial zones, and is active within engineering and business associations. In 2019, PayTM (One 97 Communications) acquired 3,618 preferential shares in the company. Infinity also holds a 49.80% stake in Infinity Transoft Solutions.

Company Financials

Infinity Infoway Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets12.598.13.593.3
Total Income6.6910.355.385.86
Profit After Tax2.163.470.940.94
Net Worth8.785.031.580.6
Reserves and Surplus5.055.021.570.59
Total Borrowing0.160.220.380.56
Amount in ₹ Crore

Key Performance Indicator (KPI)

Pre IPOPost IPO
EPS Rs9.288.11
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.

Objects of the Issue (Infinity Infoway IPO Objectives)

The Company Infinity Infoway IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:

S.No. Objects of the Issue Expected Amount (in Millions)
1 Development of the Product ZEROTOUCH Device as a Service (“DaaS”). 49.7
2 Upgrade the Product and Technology. 32
3 To acquire IT hardware and equipments. 17.79
4 Marketing and promotion. 36.97
5 To meet general corporate expenses.

Infinity Infoway IPO Prospectus

Infinity Infoway Ltd. Contact Details

Infinity Infoway Ltd.
P-9, NR. Water Tank, Visvakarma Society,
Mavadi Chokdi, Rajkot,
Gujrat, India, 360004
Rajkot, Gujarat, 360004
Phone: 9687800336
Email: cs@infinityinfoway.com
Website: http://www.infinityinfoway.com/

Infinity Infoway IPO Registrar

Bigshare Services Pvt.Ltd.

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

Infinity Infoway IPO - Buy or Not

Infinity Infoway IPO Recommendation Summary

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Infinity Infoway IPO FAQs

Infinity Infoway IPO is a SME IPO of 16,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at . The minimum order quantity is .

The Infinity Infoway IPO open and close dates are not available as of now.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in Infinity Infoway IPO using UPI as a payment gateway. Zerodha customers can apply in Infinity Infoway IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Infinity Infoway IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Infinity Infoway IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Infinity Infoway IPO dates are not announced. Please check back again after some time.

Infinity Infoway IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Infinity Infoway IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Infinity Infoway IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Infinity Infoway IPO allotment status.

The Infinity Infoway IPO listing date is not yet announced. The tentative date of Infinity Infoway IPO listing is [.].

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