Infinity Infoway Limited operates on a multi-faceted IT and outsourcing business model. Its primary focus is on providing consultancy, advisory, development, implementation, customization, maintenance, and support services in the field of information technology.
The company’s offerings include software and application development, ERP systems, e-commerce solutions, mobile applications, website design, cloud computing, machine learning, and AI solutions.
Alongside software services, Infinity Infoway also engages in IT-enabled services (ITES) such as back-office operations, call centers, content development, animation, data processing, GIS services, payroll management, medical transcription, and legal database management. The company further operates in the outsourcing space, delivering both BPO (Business Process Outsourcing) and KPO (Knowledge Process Outsourcing) servicesRHP-19-09-2025.
Additionally, it diversifies revenue streams through education technology platforms, online examination systems, IoT solutions, automation and workflow management tools, as well as emerging areas like Agentic AI and other new-age technologies. This broad mix of IT services, outsourcing, and technology-driven solutions enables Infinity Infoway to serve government, institutional, and corporate clients across multiple sectorsRHP-19-09-2025.
Infinity Infoway IPO – Details
| IPO Opening Date | 30 September 2025 |
| IPO Closing Date | 03 October 2025 |
| Issue Type | Bookbuilding IPO |
| Issue Size | Total Issue: 15,75,200 Shares Worth ₹24.42 Crore Fresh Issue: 15,75,200 Shares Worth ₹24.42 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹147 to ₹155 per share |
| Market Lot | 800 Shares |
| Min Order | 800 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Bigshare Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Infinity Infoway IPO – Date Schedule
| IPO Open Date | 30 September 2025 |
| IPO Close Date | 03 October 2025 |
| Basis of Allotment | 06 October 2025 |
| Initiation of Refund | 07 October 2025 |
| Credit of Shares to Demat | 07 October 2025 |
| IPO Listing Date | 08 October 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 03, 2025 |
Infinity Infoway IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 1,600 | ₹2,48,000 |
| Retail (Max) | 2 | 1,600 | ₹2,48,000 |
| S-HNI (Min) | 3 | 2,400 | ₹3,72,000 |
| S-HNI (Max) | 8 | 6,400 | ₹9,92,000 |
| B-HNI (Min) | 9 | 7,200 | ₹11,16,000 |
| Employee (Min) | 2 | 1,600 | ₹2,48,000 |
| Employee (Max) | 4 | 3,200 | ₹4,96,000 |
Competitive Strength
- Expert Management Team with Industry Domain Knowledge
- AI enabled products developed in line National Education Policy-2020.
- Ensuring Successful ERP Implementation
- Established Company with Strong Financial Performance
- Robust Products & Services
Company Promoters
- Dhirajlal Bhanjibhai Gadhethriya
- Bhaveshkumar Dhirajlal Gadhethariya
- Rinaben Bhaveshkumar Gadhethariya
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹5.38 Cr | ₹4.23 Cr | ₹0.94 Cr | ₹0.70 Cr |
| 31 March 2024 | ₹10.35 Cr | ₹6.71 Cr | ₹3.47 Cr | ₹0.48 Cr |
| 31 March 2025 | ₹13.48 Cr | ₹9.00 Cr | ₹4.19 Cr | ₹0.23 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 47.33% |
| ROCE | 43.95% |
| Debt/Equity | – |
| RoNW | 33.06% |
| PAT Margin | 31.77% |
| EBITDA Margin | 46.70% |
| Price to Book Value | 4.74 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 11.22 | 7.89 |
| P/E (x) | 13.81 | 19.64 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Development of the Product ZEROTOUCH Device as a Service (“DaaS”). | ₹3.75 |
| Purchase of new IT Infrastructure and Certification | ₹2.61 |
| Funding of Tender Deposits and Earnest Money Deposits (EMD) towards Tenders | ₹4.00 |
| Funding the incremental Working Capital Requirements of our Company | ₹8.58 |
| General Corporate Purposes. | – |
✅Strengths
- Diversified IT & outsourcing portfolio (ERP, AI/ML, cloud, BPO/KPO, GIS).
- Strong client base including government, industrial & educational institutions.
- Proven 15+ years track record with national award recognition.
- Innovation in EdTech with “Brainzorg” and AI-driven solutions.
- Strong financial growth, rising profits & reduced borrowings.
⚠️Risks
- Revenue concentration in few contracts (education ERP, govt tenders).
- Rapid technology changes may cause obsolescence.
- High dependency on skilled manpower; attrition risk.
- Regulatory approvals & compliance requirements.
- SME IPO listing may face low liquidity & higher volatility.
Infinity Infoway IPO Promoter Holding
| Pre Issue Share Holding | 96.34% |
| Post Issue Share Holding | – |
Infinity Infoway IPO Prospectus
Company Contact Information
| 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 Lead Manager(s)
| 1. Holani Consultants Pvt.Ltd. |
Infinity Infoway IPO FAQ
| What is Infinity Infoway IPO? Infinity Infoway IPO is an SME IPO. The issue is priced at ₹147 to ₹155 per equity share. The IPO is to be listed on BSE SME. |
| When Infinity Infoway IPO will open? The IPO is to open on 30 September 2025 for NII, and Retail Investors. |
| What is Infinity Infoway IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Infinity Infoway IPO Size? Infinity Infoway IPO size is ₹24.42 Crore. |
| What is Infinity Infoway IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1,600 Shares with ₹2,48,000 amount, while the maximum bid is 1,600 Shares with ₹2,48,000. |
| What is the Infinity Infoway IPO Allotment Date? Infinity Infoway IPO allotment date is 06 October 2025. |
| What is the Infinity Infoway IPO Listing Date? Infinity Infoway IPO listing date is 08 October 2025. The IPO is to be listed on the BSE SME. |
