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Infinity Infoway IPO GMP & Review: Should You Apply or Avoid?

Tue Sep 23 2025

Infinity Infoway IPO GMP & Review: Should You Apply or Avoid?

Check Expert’s Verdicts on Infinity Infoway IPO

Infinity Infoway’s IPO is open for bidding from 30th September 2025 to 3rd October 2025. It is a book-building IPO of ₹24.42 crores, comprising an entirely fresh issue of ₹0.16 crores. The problem will be listed on BSE and SME on its tentative listing date, 8th October 2025. 

Infinity Infoway IPO Details 

The Infinity Infoway IPO date is fixed between 30th September 2025 and 3rd October 2025. The face value of Infinity Infoway’s IPO shares is ₹10 per share, and the IPO price is set between ₹147 and ₹155 per share.

Bigshare Service Private Limited is the registrar of the Infinity Infoway IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

IPO Open Date30th September 2025
IPO Close Date3rd October 2025
IPO Allotment Date6th October 2025
Refund Initiation 7th October 2025
Issue Size15,75,200 shares(aggregating up to ₹24.42 Cr)
Face Value₹10 per share
Lot Size800 shares
Issue Price Final₹147 to ₹155 per share
Issue TypeBookbuilding IPO
Listing AtBSE & SME
Listing Date8th October 2025

Infinity Infoway IPO Share Reservation

Infinity Infoway’s IPO is a book-building IPO of ₹24.42 crores, comprising an entirely fresh issue of 0.16 crore shares, which will be listed on the BSE and SME. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Investor CategoriesShares OfferedShares Percentage
Market Maker Shares Offered79,2005.03%
QIB Shares Offered6,80,80043.22%
NII (HNI) Shares Offered2,06,40013.10%
Retail Shares Offered 1,29,6008.23%
Total Shares Offered15,75,200100.00%

Infinity Infoway IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Would you like to receive live updates on the Infinity Infoway IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DateIPO PriceGMPEstimated Listing Price Estimated Listing Gains
22-09-2025₹155.00₹0.00₹155.000.00%
21-09-2025₹115.00₹0.00₹155.000.00%
20-09-2025₹115.00₹0.00₹155.000.00%
19-09-2025₹115.00₹0.00₹155.000.00%
18-09-2025₹115.00₹0.00₹155.000.00%
17-09-2025₹115.00₹0.00₹155.000.00%
16-09-2025₹115.00₹0.00₹155.000.00%
15-09-2025₹115.00₹0.00₹155.000.00%
14-09-2025₹115.00₹0.00₹155.000.00%
13-09-2025₹115.00₹0.00₹155.000.00%
12-09-2025₹115.00₹0.00₹155.000.00%

As of 22nd September 2025, Infinity Infoway’s IPO GMP stands at ₹0 per share, indicating that the share is likely to list at ₹155 on its tentative listing date, 6th October 2025.

GMP data is subject to change based on market trends and sentiments. Please verify the live GMP status before applying for the Infinity Infoway GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Infinity Infoway IPO GMP Review

Check out the detailed Infinity Infoway GMP IPO review for a thorough understanding of its potential to report listing gains on 6th October 2025. The Infinity Infoway IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Therefore, it is crucial to comprehend the business’s financial growth margins and declines before applying for the Infinity Infoway IPO.

Infinity Infoway Limited’s revenue increased by 30% from ₹10.35 crores in March 2024 to ₹13.48 crores in March 2025. Moreover, the company’s PAT rose by 21% from ₹3.47 crores to ₹1.19 crores.

Infinity Infoway Limited’s IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Infinity Infoway IPO for its tentative listing day, 6th October 2025.  

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Infinity Infoway IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 13.81
EPS (Earnings Per Share)11.22
RoNW33.06%
ROCE43.95%
ROE47.33%
EBITDA Margin46.70%
Price to Book Value4.74
Market Capitalisation₹82.31 Cr.

The P/E ratio of Infinity Infoway Limited’s share is 13.81, and its Earnings Per Share (EPS) stands at 11.22. Thus, the Infinity Infoway Limited IPO can potentially deliver gains on its tentative listing date, 6th October 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Infinity Infoway Limited are subject to change after the IPO. Refer to the table below for post-issue updates on these two metrics. 

IndicatorsPre-IPOPost-IPO
PE Ratio13.8119.64
EPS 11.227.89

Infinity Infoway IPO Subscription Status

The Infinity Infoway IPO is scheduled to open for bidding on September 30, 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Infinity Infoway IPO subscription status. 

Investor CategoryShares OfferedShares PercentageShares SubscribedSubscription to the Times
Market Maker Shares Offered79,2005.03%Yet to be announcedYet to be announced
QIB Shares Offered6,80,80043.22%Yet to be announcedYet to be announced
NII (HNI) Shares Offered2,06,40013.10%Yet to be announcedYet to be announced
Retail Shares Offered 1,29,6008.23%Yet to be announcedYet to be announced
Total Shares Offered15,75,200100.00%Yet to be announcedYet to be announced

About Infinity Infoway Limited

Infinity Infoway Limited, incorporated in 2008, is a leading SaaS company specialising in customised 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.

Campus Management System is its flagship ERP platform, deployed in 26 universities. 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. Over the last three fiscal years, it has deployed 13 industrial ERP systems. Additional offerings include:

  1. Web development and digital learning platforms
  2. Online exam portals and QPDS
  3. Custom ERP development
  4. Business process consulting
  5. ERP support and workforce 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.

Infinity Infoway Limited Financials

The company’s financial analysis is essential before applying for the Infinity Infoway  IPO. Refer to the table to learn about Infinity Infoway Limited’s financial information. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets14.928.103.59
Revenue13.4810.355.38
Profit After Tax4.193.470.94
Net Worth12.685.031.58
EBITDA6.164.911.46
Reserve and Surplus
Total Borrowing0.230.480.70

Explanation

Infinity Infoway Limited’s revenue increased by 30% from ₹10.35 crores in March 2024 to ₹13.48 crores in March 2025. Moreover, the company’s PAT rose by 21% from ₹3.47 crores to ₹1.19 crores.

Infinity Infoway IPO Bidding Requirements

Investors can bid for a minimum of 1,600 shares and in multiples of 800 thereof. The following table represents the minimum and maximum investments by individual investors (retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Individual Investors (Retail) (Min)21,600₹2,48,000
Individual Investors (Retail) (Max21,600₹2,48,000
S-HNI (Min)32,400₹3,72,000
S-HNI (Max)86,400₹9,92,000
B-HNI (Max)97,200₹11,16,000

Infinity Infoway’s IPO has reserved lot sizes for different investor categories. Look at the table below to see the requirements for applying for this IPO.

Use the lot size calculator to find how many shares you should apply for!

Infinity Infoway IPO Promoter Holding

Refer to the table below to review the holdings of Infinity Infoway Limited’s promoters: Sanjay Singhania, Ajay DD Singhania, Bajrang Bothra, Laxmi Pat Bothra and Nikhil Bothra.

Share Holding Pre-Issue96.34%
Share Holding Post-Issue

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

Aim of the Infinity Infoway IPO

The primary aim of the Infinity Infoway IPO is to raise ₹24.42 crore. On the other hand, Infinity Infoway has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Infinity Infoway IPO.

  • To the Development of the Product ZEROTOUCH Device as a Service (“DaaS”).
  • To purchase new IT Infrastructure and Certification
  • To the Funding of Tender Deposits and Earnest Money Deposits (EMD) towards Tenders
  • To fund the incremental Working Capital Requirements of our Company
  • For general corporate purposes

Should I Invest in the Infinity Infoway IPO?

Explore the pros and cons of Infinity Infoway to know whether you should apply or avoid the issue. These pros and cons may help you understand the IPO’s efficiency in generating profits in the coming decades. 

Pros of Infinity Infoway IPO

  • The company has an expert team with industry domain knowledge
  • The company ensure successful ERP implementations
  • The company has robust products and services

Cons of Infinity Infoway IPO

  • The company is listed on the BSE and the SME segment
  • The company’s dependence on working capital and fresh funds
  • The company has a customer concentration and a limited customer base.

How to Apply for the Infinity Infoway IPO?

Please follow the steps outlined below to apply for a position at Infinity Infoway Limited.

  • Step 1: Conduct thorough research on the Infinity Infoway IPO, including GMP, subscription status, issue size, lot size, and other relevant details. 
  • Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
  • Step 3: Place a bid for two lots of 1,600 shares, valued at ₹2,48,000.
  • Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Infinity Infoway IPO from more than one demat account to increase your chances of allotment. 

How to Check Infinity Infoway IPO Allotment Status?

You can check whether the Infinity Infoway IPO allotment has been completed in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On BSE

  • Visit the BSE Official Website.
  • Navigate to the IPO Allotment Section. 
  • Select Equity as the issue type. 
  • Choose the Infinity Infoway IPO.  
  • Choose whether to proceed with the PAN number or the application number. 
  • Submit your details to get the allotment status online. 

Check On the Registrar Portal

  • Visit the registrar portal.
  • Click on the allotment option.
  • Fill in the required details.
  • Click on the submit button to know your Infinity Infoway IPO allotment status.

Let’s Wrap

Infinity Infoway’s IPO is a fresh issue of shares worth ₹24.42 crores. The shares of Infinity Infoway Limited will be listed on BSE and SME on its tentative listing date of 3rd October 2025. Researching the Infinity Infoway IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Infinity Infoway IPO

How is the Infinity Infoway IPO?

Ans. Currently, on 22nd September 2025, the Infinity Infoway IPO GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹155.00 per share. It is a book-building IPO of ₹24.42 crores, comprising an entirely fresh issue of 0.16. The face value of each share of Infinity Infoway Limited is ₹10 per share.

What is the IPO price of Infinity Infoway?

Ans. The Infinity Infoway IPO price is set at ₹147.00 to ₹55.00 per share.  Retail investors can apply for a minimum of 2 lots, each consisting of 1,600 shares, worth ₹2,48,000. Moreover, HNIs are required to bid for a minimum of 3 lots (2,400 shares) worth ₹3,72,000.

Is the Infinity Infoway IPO a good investment?

Ans. Infinityy Infoway Limited’s revenue increased by 30% from ₹10.35 crores in March 2024 to ₹13.48 crores in March 2025. Moreover, the company’s PAT rose by 21% from ₹3.47 crores to ₹1.19 crores.

Who is the registrar of the Infinity Infoway IPO?

Ans. Bigshares Services Private Limited is the registrar of the Infinity Infoway IPO, responsible for managing the allotment procedure and initiating refunds. For any queries regarding the Infinity Infoway allotment and refund, you can contact Bigshares Services Limited at ipo@bigshareonline.com  or +91-22-6263 8200.

What is the issue size of the Infinity Infoway IPO?  

Ans. Infinity Infoway’s IPO is a book-building IPO of ₹24.42 crores, comprising an entirely fresh issue of 0.16 crore shares. Moreover, the IPO is set to open on 30th September 2025 and will be closed on 3rd October 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Infinity Infoway IPO, download the Infinity Infoway IPO RHP and the Infinity Infoway IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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