- Total Issue Size – Up To 15,75,200 Equity Shares of ₹ 10 each
- IPO Size – ₹ 24.42 Crore (At Upper Price Band)
- Price Band – ₹ 147 – ₹ 155 Per Share
- Lot Size – 800 Equity Shares
Infinity Infoway Limited (The Company, Infinity) is a SaaS provider company specializing in delivering customized and integrated Enterprise Resource Planning (ERP) solutions. It caters to clients across sectors such as education, manufacturing, retail, and construction, proposes to open its Initial Public Offering on Tuesday, 30th September, 2025 and aiming to raise ₹ 24.42 Crores, with shares to be listed on the BSE SME platform.
The issue size is 15,75,200 equity shares with a face value of ₹ 10 each with a price band of ₹ 147 – ₹ 155 Per Share.
Equity Share Allocation
- QIB Anchor Portion – Up to 4,08,000 Equity Shares
- Qualified Institutional Buyer – Up to 2,72,800 Equity Shares
- Non-Institutional Investors – Not Less than 2,06,400 Equity Shares
- Individual Investors – Not Less than 4,79,200 Equity Shares
- Employee Reservation – Up to 1,29,600 Equity Shares
- Market Maker – 79,200 Equity Shares
The net proceeds from the IPO will be utilized for Development of Proprietary Technology Solution called “ZEROTOUCH”, Purchase of new IT Infrastructure and Certification, Funding of Tender Deposits and Earnest Money Deposits (EMD) towards Tenders, Funding the incremental Working Capital Requirements and general corporate purposes. The anchor portion will open on 29th September, 2025 and issue will close on 03th October, 2025.
The Book Running Lead Manager to the Issue is Holani Consultants Private Limited and the Registrar is Bigshare Services Private Limited.
Bhavesh kumar Dhirajlal Gadhethriya, Promoter and Managing Director of Infinity Infoway Limited expressed, “With over 17 years in the IT sector, Infinity Infoway Limited has built a strong track record of delivering SaaS solutions that empower the education ecosystem, industries, and government organizations. The launch of our IPO marks a defining milestone in this journey, positioning us to strengthen our offerings and scale further. Today, with a presence across 38 universities and 11 industries, we continue to drive efficiency and innovation through our flagship Campus Management System and Infinity ERP.
The IPO proceeds will be strategically deployed to accelerate our growth roadmap—primarily by advancing our proprietary solution ‘ZEROTOUCH,’ while also investing in IT infrastructure, certifications, tender deposits, earnest money deposits (EMD), and incremental working capital. With proven expertise and a committed team, we are confident of taking Infinity Infoway to the next level and contributing meaningfully to India’s digital future.”
Ashok Holani, Director of Holani Consultants Private Limited said, “India’s SaaS and EdTech ecosystems are expanding rapidly, powered by digital transformation, automation, and progressive reforms like the National Education Policy 2020. With over 17 years of expertise, Infinity Infoway Limited has established robust capabilities through its flagship Campus Management System, Infinity ERP, and AI-driven platforms for intelligent campus management and online examinations.
The upcoming IPO will enable the company to accelerate innovation, enhance IT infrastructure, and scale operations to reach a wider customer base across education, industry, and government sectors. Infinity Infoway stands well-positioned to play a significant role in India’s digital growth journey, and we are proud to support its next phase of expansion.”
