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Infinity Infoway IPO

Infinity Infoway IPO

smelisted
Registrar: Bigshare Services Private Limited · Listing 2025-10-08
IPO Timeline
Today · 20 Oct 2026
Opens
30 Sept 2025
Closes
03 Oct 2025
Allotment
06 Oct 2025
Refund
07 Oct 2025
Demat
07 Oct 2025
Listing
08 Oct 2025
Price Band
₹147–155
GMP
₹0
0%
Lot Size
800 Shares
Min ₹124,000
Subscription
0x
Issue Size
₹24 Cr
Open
2025-09-30
Close
2025-10-03
Listing
2025-10-08

About the company

Incorporated in June 2008, Infinity Infoway is a Software as a Service (SaaS) firm involved in end-to-end integrated and customised enterprise resource planning (ERP) solutions and has developed an online examination system (OES) for education institutions like schools, colleges and universities. The comapny has developed self-learning digital learning platform “Brainzorg” to learn new skills and certification courses and also acquired 50% stake in Infinity Transoft Solutions Private Limited in FY17, which makes software for travel and transport bookings, used by bus operators like Vijayanand Travels, Neeta Tours and Travels and Purple Mobility Solutions. The order book of the company stands at ₹55.55 crore. Its FY25, software services to educational industry accounted for 50.25% of total consolidated revenue, followed by ERP industrial software (30.68%), online examination systems (16.81%), and digital learning (0.09%). Geographically, state of Gujarat accounted for 93.16% of the FY25 revenue.

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 20 Oct 2026
      Listed
      Listed on 08 Oct 2025
      Listed 377 days ago
      1. IPO Opens

        Completed
        30 Sept 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        03 Oct 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        06 Oct 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        07 Oct 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        07 Oct 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        08 Oct 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      800 shares
      Price / Share (upper)
      ₹155
      Min Investment (1 lot)
      ₹124,000
      Price Band
      ₹147–155
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      800
      Min amount
      ₹124,000
      Max amount
      ₹124,000
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      1600
      Min amount
      ₹248,000
      Max amount
      ₹248,000

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹12 Cr
      Shares offered
      794,702
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹3.6 Cr
      Shares offered
      238,411
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹8.4 Cr
      Shares offered
      556,291
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).