Infinity Infoway IPO is a book-built issue of 16.00 lakh equity shares, entirely a fresh issue. The IPO dates are to be announced. The shares are proposed to be listed on the BSE SME platform.
The IPO band is to be announced. The minimum lot size is to be announced.
Holani Consultants Private Limited is the book-running lead manager for the issue, Bigshare Services Private Limited is the registrar, and Holani Consultants Private Limited also acts as the market maker.
For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Infinity Infoway IPO DRHP.
Industry Outlook
- India’s enterprise software landscape is undergoing a significant transformation, driven by the rapid adoption of cloud-based solutions and the increasing digitalisation of educational and industrial sectors. The Software-as-a-Service (SaaS) model is at the forefront of this evolution, offering scalable, cost-effective, and customisable platforms that cater to diverse operational needs.
- The Indian ERP market, valued at approximately US$0.71 billion in 2024, is projected to reach US$1.04 billion by 2028, growing at a compound annual rate of 10.01%. This growth is underpinned by rising demand for integrated systems that streamline academic administration, industrial operations, and customer relationship management. Educational institutions, in particular, are embracing digital platforms to enhance governance, automate examination processes, and improve student engagement.
- Government initiatives such as the National Education Policy (NEP) 2020, Skill India Digital, and PM eVIDYA are accelerating the digital shift in academia, creating fertile ground for ERP providers. These programmes aim to modernise learning infrastructure, promote digital literacy, and foster inclusive education through technology.
- The competitive landscape is dynamic, with both established IT firms and emerging SaaS providers vying for market share. Key differentiators include domain-specific expertise, data security, and the ability to deliver modular solutions tailored to client requirements. Companies offering secure online examination platforms, AI-driven analytics, and cloud-based ERP systems are particularly well-positioned to capitalise on this momentum.
Infinity Infoway IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:
- Develop and launch ZEROTOUCH DaaS, a proprietary Device-as-a-Service platform aimed at revolutionising secure document management and examination processes. This includes phased development of modules such as question bank creation, exam scheduling, secure printing, and result processing, with a focus on automation, data security, and operational efficiency.
- Upgrade existing ERP products and technology infrastructure to enhance scalability, performance, and user experience across its education and industrial software solutions. This investment will support the integration of advanced features, including AI-driven analytics and cloud-based deployment.
- Acquire IT hardware and equipment, including servers, laptops, and security devices, to bolster the company’s technological backbone and ensure robust infrastructure for service delivery and product innovation.
- Undertake marketing and promotional activities to strengthen brand visibility, expand market reach, and support customer acquisition across new geographies and industry verticals.
About Infinity Infoway Limited
Infinity Infoway Limited was originally incorporated as Infinity Infoway Private Limited on 10 June 2008 under the Companies Act, 1956. Following shareholder approval at an extraordinary general meeting held on 29 June 2024, the company was converted into a public limited entity and renamed Infinity Infoway Limited. A fresh certificate of incorporation was issued by the Registrar of Companies on 6 August 2024.
Headquartered in Rajkot, Gujarat, the company operates as a Software-as-a-Service (SaaS) provider, specialising in customised and integrated online ERP solutions. Its offerings cater to a wide range of sectors including education, manufacturing, retail, construction, supply chain management (SCM), customer relationship management (CRM), and sales force automation.
Infinity Infoway’s flagship products include its Campus Management System and Infinity ERP suite, which provide comprehensive digital solutions for academic institutions and enterprises. These platforms enable efficient management of student records, examination schedules, fee collection, human resources, and financial operations. The company’s educational ERP software is widely adopted by universities and schools across India, offering tailored modules for student engagement, performance tracking, and administrative oversight.
With a strong emphasis on innovation and client-centric development, Infinity Infoway has built a robust portfolio of services that support operational excellence and digital transformation. Its clientele spans numerous universities, schools, and small businesses, reflecting its commitment to scalable and secure technology solutions.
How To Check the Allotment Status of the Infinity Infoway IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for Infinity Infoway IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Infinity Infoway IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Infinity Infoway IPO
Registered Office: P-9, Near Water Tank, Visvakarma Society, Mavadi Chokdi, Rajkot – 360004, Gujarat, India.
Phone: +91 96878 00336
E-mail: cs@infinityinfoway.com
Infinity Infoway IPO Reservation
|
Investor Category |
Shares Offered |
|
QIB Shares Offered |
Not more than 50% of the Net Issue |
|
Retail Shares Offered |
Not less than 35% of the Net Issue |
|
NII Shares Offered |
Not less than 15% of the Net Issue |
Infinity Infoway IPO Promoter Holding
The promoters of the company are Sanket Sanjay Deora, Sanjay Vimalchand Deora, Ekta Sanket Deora, and Sampat Heavy Engineering Limited.
|
Share Holding Pre-Issue |
100% |
|
Share Holding Post Issue |
- |
Key Performance Indicators for Infinity Infoway IPO
The market capitalisation of Infinity Infoway IPO is ₹101.77 Cr. Here are the KPIs of Infinity Infoway:
|
KPI |
Value |
|
EBITDA Margin (%) |
48.30 |
|
PAT Margin (%) |
34.08 |
|
Return on Equity (RoE) (%) |
104.85 |
|
Return on Capital Employed (ROCE) (%) |
85.01 |
Infinity Infoway IPO Prospectus
Infinity Infoway IPO Registrar and Lead Managers
Infinity Infoway IPO Lead Managers
- Holani Consultants Private Limited
Registrar for Infinity Infoway IPO
Bigshare Services Private Limited
- Contact Number: +91 22 6263 8200
- Email Address: ipo@bigshareonline.com
Infinity Infoway IPO Registrar
Know before investing
Strengths
5Proven expertise in delivering customised ERP solutions across education and industrial sectors.
Trusted by over 55 universities and 1,000 colleges, reflecting deep market penetration.
Revenue from operations grew by over 96% YoY in FY24, indicating strong business momentum.
PAT surged by 269% YoY in FY24, supported by healthy EBITDA margins.
Benefiting from digital education initiatives like NEP 2020 and Skill India Digital.
Risks
5Over 75% of revenue comes from top 10 clients, posing dependency risk.
More than 90% of revenue is generated from Gujarat, exposing the company to regional disruptions.
Delay in launching ZEROTOUCH DaaS could impact growth and investor expectations.
Handling sensitive educational data increases vulnerability to breaches and reputational damage.
Ongoing tax and civil litigations involving the company and directors may affect financial stability.
