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INFINITYSME / BSEListed
Infinity Infoway

Infinity Infoway Limited, established in 2008, is a SaaS-based company that specializes in delivering customized, cloud-based ERP (Enterprise Resource Planning) solutions. With a strong nationwide footprint, the company serves a variety of sectors including education, manufacturing, retail, construction, CRM, supply chain management, and human resource management. Its core offering is a Campus Management System, an ERP product currently deployed in 26 universities, designed to streamline operations such as student administration, attendance tracking, exam scheduling, and academic monitoring. Additionally, the company provides industrial ERP solutions encompassing modules like sales, accounting, GST, CRM, and supply chain management, with 13 such systems implemented over the last three financial years for enterprises ranging from small to large. Infinity Infoway also delivers services in web development, digital learning platforms, online examination portals, question paper distribution systems, custom ERP development, business process consulting, ERP support, and manpower outsourcing. Its clientele includes reputed names like Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research, HiBond Cement, Davat Beverages, and Kich – Steel for Life. To support its future plans, the company intends to raise ₹18.94 crores, which will be allocated towards product development (₹3.75 crores) for building its "ZEROTOUCH" Device-as-a-Service (DaaS) platform, enhancing IT infrastructure (₹2.61 crores) including hardware acquisition and security certifications, facilitating business growth (₹4 crores) by providing deposits to participate in large-scale government and corporate tenders, and strengthening working capital (₹8.58 crores) to support daily operations and scalability. The entire amount will be allocated among these specific objectives, with no additional portion set aside for general purposes.

₹147 - ₹155277.28x sub
Listed Price₹294.50
Listing Gain+90.00%

IPO Schedule & Timeline

Bookbuilding IPO
Open30 Sep 2025
Close03 Oct 2025
Allotment06 Oct 2025
Listing08 Oct 2025

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Anchor4,08,000 shares
25.9%
QIB2,72,800 shares
17.32%
HNI2,06,400 shares
13.1%
Retail4,79,200 shares
30.42%
Market Maker79,200 shares
5.03%
Employee1,29,600 shares
8.23%

Minimum Application Lots

Retail2 Lots (1,600 shares)
₹2,48,000
sHNI3 Lots (2,400 shares)
₹3,72,000
bHNI9 Lots (7,200 shares)
₹11,16,000

Company Promoters

Mr. Bhaveshkumar Dhirajlal GadhethriyaMr. Dhirajlal Bhanjibhai GadhethariyaMrs. Rinaben Bhaveshkumar Gadhethariya

Company Background

Infinity Infoway Limited, established in 2008, is a SaaS-based company that specializes in delivering customized, cloud-based ERP (Enterprise Resource Planning) solutions. With a strong nationwide footprint, the company serves a variety of sectors including education, manufacturing, retail, construction, CRM, supply chain management, and human resource manag...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-25)₹13.48 Cr
Growth+150.6%
Revenue Trend (₹ in Crores)
0.05.210.315.5Mar-23Mar-24Mar-25
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-2513.484.1914.920.23
Mar-2410.353.478.100.48
Mar-235.380.943.590.7

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-2511.2647.33%43.95%13.8119.64
Mar-249.6104.85%85.01%00
Mar-232.686.16%58.82%00

Peer Comparison & Valuation

Financial Performance

Vertexplus Technologies Limited

NAV/Share (₹)43.9
RONW(%)3.67
EPS (Basic) (₹)1.6

Infinity Infoway Ltd

NAV/Share (₹)32.7
RONW(%)33.06
EPS (Basic) (₹)11.26

Valuation

Vertexplus Technologies Limited

P/E(X)62.5
CMP* (₹)NA
Face value (₹)10

Infinity Infoway Ltd

P/E(X)NA
CMP* (₹)NA
Face value (₹)10

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
06 Oct 2025
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
08 Oct 2025

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for Infinity Infoway. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization06 Oct 2025Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date08 Oct 2025Trading commences on exchange

How to Check Infinity Infoway Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Infinity Infoway from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Infinity Infoway IPO

Complete issue overview for Infinity Infoway (INFINITY) IPO. The issue features an equity share price band of ₹147 – ₹155 per share with a minimum retail lot size of 800 Shares (minimum application amount of ₹1,24,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions