Infinity Infoway Shares List at ₹294.50, Up 90% Over Issue Price on BSE SME

Infinity Infoway Limited made an impressive debut on the BSE SME platform on Wednesday, October 8, 2025, listing at ₹294.50 per share, a sharp 90% premium over its IPO issue price of ₹155 apiece. The robust listing reflects the strong investor appetite witnessed during the bidding process, which saw the issue subscribed over 277 times overall.

The company’s IPO received an overwhelming response across investor categories, underscoring confidence in its growth prospects and product portfolio.

Infinity Infoway IPO Subscription Status

The ₹155 per share IPO saw massive oversubscription across all investor categories. The Qualified Institutional Buyers (QIB) portion was subscribed 157.14 times, Non-Institutional Investors (NII) subscribed 548.99 times, and Retail Individual Investors (RII) subscribed 303.35 times. The employee quota was subscribed 0.77 times, taking the total overall subscription to 277.24 times.

The high subscription levels reflected strong participation from institutional and retail investors alike, signalling widespread optimism toward the company’s business model and sector outlook.

Company Overview

Founded in 2008, Infinity Infoway Limited is a software-as-a-service (SaaS) company that provides customised cloud-based enterprise resource planning (ERP) solutions. The firm specialises in developing sector-specific ERP systems tailored for industries such as education, manufacturing, retail, construction, CRM, SCM, and HR management.

The company’s flagship platform, Campus Management System, is used across 26 universities nationwide. It supports various academic functions, including student administration, attendance management, and exam scheduling.

Products And Clientele

Infinity Infoway’s diversified product suite extends beyond ERP solutions to include web development, digital learning platforms, and online exam portals. The company also offers a Question Paper Delivery System (QPDS), custom ERP development, and business process consulting services.

It provides integrated Industrial ERP solutions for manufacturing and operations, featuring modules such as accounting, sales, GST compliance, CRM, and supply chain management. Over the last three years, the company has successfully implemented 13 industrial ERP systems.

Infinity Infoway’s client base includes prominent organisations such as Nirma University, Saurashtra University, Shivaji University, IISER, HiBond Cement, Davat Beverages, and Kich – Steel for Life.

Read More: Infinity Infoway IPO Allotment Status

Conclusion

Infinity Infoway’s strong listing performance, with shares opening 90% above issue price, highlights investors’ confidence in the company’s niche SaaS and ERP capabilities. With robust demand during the IPO and a growing presence across education and industrial sectors, the company’s debut marks a significant milestone in India’s SME technology landscape. Its successful entry into the market positions it for continued expansion and innovation within the ERP solutions domain.

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