Infinity Infoway IPO is a book-built issue worth ₹24.42 crore, consisting entirely of a fresh issue of 15.75 lakh equity shares. The bidding window opened on September 30, 2025, and closed on October 3, 2025. The allotment is scheduled to be finalised on October 6, 2025, while the tentative listing date is October 8, 2025, on the BSE SME platform.
The price band was fixed at ₹147–₹155 per share, with a lot size of 800 shares. The minimum investment for retail investors was ₹2,48,000 (1,600 shares), while HNI investors were required to apply for at least three lots (2,400 shares), amounting to ₹3,72,000. The IPO received an overwhelming response from investors, with an overall subscription of 277.24 times. The retail category was subscribed 303.35 times, the NII category 548.99 times, and the QIB category 157.14 times.
● Go to the application status page.
● Select "Equity and SME IPO bids".
● Choose "Infinity Infoway" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on Submit.
● Go to the application status page.
● Select "Equity" under the Issue Type.
● Choose "Infinity Infoway" from the Issue Name dropdown.
● Provide your Application Number or PAN.
● Click on “I am not a robot” and submit.
● Go to the registrar’s official website
● Select "Infinity Infoway" from the company list
● Enter your Client ID, Application Number, or PAN
● Click on Submit
Infinity Infoway’s ₹24.42 crore IPO, priced in the ₹147–₹155 range, was subscribed 277.24 times overall. The IPO comprises a fresh issue of 15.75 lakh shares aggregating to ₹24.42 crore. The issue opened for subscription on September 30, 2025, and closed on October 3, 2025. Allotment finalises on October 6, 2025, and listing is expected on October 8, 2025, on the BSE SME exchange.
The table below breaks down the Infinity Infoway share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
Investor Category | Shares Offered |
Market Maker Shares Offered | 79,200 (5.03%) |
QIB Shares Offered | 6,80,800 (43.22%) |
− Anchor Investor Shares Offered | 4,08,000 (25.90%) |
− QIB (Ex. Anchor) Shares Offered | 2,72,800 (17.32%) |
NII (HNI) Shares Offered | 2,06,400 (13.10%) |
− bNII > ₹10L | 1,37,600 (8.74%) |
− sNII < ₹10L | 68,800 (4.37%) |
Retail Shares Offered | 4,79,200 (30.42%) |
Employee Shares Offered | 1,29,600 (8.23%) |
Total Shares Offered | 15,75,200 (100.00%) |
Data Source: BSE
Category | Subscription (times) |
Qualified Institutional Buyers (QIB) | 157.14 |
Non-Institutional Investors (NII) | 548.99 |
Retail Individual Investors (RII) | 303.35 |
Employees | 0.77 |
Total | 277.24 |
Note: The subscription details are as of October 3, 2025
Incorporated in 2008, Infinity Infoway Limited is a SaaS-based company specialising in customised cloud-based ERP (Enterprise Resource Planning) solutions. The company provides sector-specific ERP platforms catering to industries such as education, manufacturing, retail, construction, CRM, SCM, and HR management.
Its flagship product, Campus Management System, is deployed across 26 universities nationwide, offering solutions for academic management, student administration, attendance tracking, and exam scheduling.
The company also provides Industrial ERP solutions for manufacturing and business operations, integrating modules like accounting, sales, GST, CRM, and supply chain management. Over the past three years, Infinity Infoway has successfully deployed 13 industrial ERP systems.
In addition to ERP solutions, the company offers:
Its clientele includes prestigious names such as Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research (IISER), HiBond Cement, Davat Beverages, and Kich – Steel for Life.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Oct 3, 2025, 7:17 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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