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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Infinity Infoway Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹155
Per ShareLot Size
800 Shares
Minimum Investment
₹1,24,000
Issue Size
₹24.42 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.07%
QIB Quota
49.82%
NII Quota
15.11%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
96.34%
Promoter Holding (Post-Issue)
68.5%
Issue Type
Book Building - SME
ISIN
INE16XA01017
We are a Software as a Service (SaaS) company primarily engaged in the business of providing customized and integrated Enterprise Resource Planning (ERP) solutions to clients across various sectors, including education, manufacturing, retail, and construction. In addition to our education and industrial ERP solutions, we also provide "Online Examination System" (OES) system to educations institutions like schools, colleges and universities to administer exams and distribute question papers to students. We have also developed a self-learning platform "Brainzorg" wherein we sell digital education courses to all classes of students on topics covered in their current education standard.
India's education system is globally prominent, with one of the world's largest networks of higher education institutions. With around 27% of India's population aged 0-14, the sector offers numerous potential opportunities. As of FY24, the number of colleges and institutions in India had significantly expanded, along with a growth in student enrolment in higher education. The Indian education sector was valued at US$117 billion in FY20 and is expected to reach US$225 billion by FY25. Furthermore, the edtech sector is predicted to reach US$30 billion by 2031.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offer of 15,75,200* equity shares of face value of Rs. 10/- each ("Equity Shares") of infinity Infoway limited ("The Company" or "Company" or "Issuer") for cash at a price of Rs. 155 per equity share ( Including a Share Premium of Rs. 145 Per Equity Share), aggregating to Rs. 24.42 Crore ("The Issue"). this issue includes a reservation of up to 79,200 equity shares of face value of Rs. 10/- each aggregating to Rs. 1.23 Crore (Constituting up to 1.45 % of the Post-Issue Paid up Equity Share Capital of the Company) for subscription by the market maker ("Market Maker Reservation Portion") and 1,29,600 equity shares of face value of Rs. 10/- each aggregating to Rs. 2.01 Crore (Constituting up to 2.37 % of The Post-Issue Paid up Equity Share Capital of The Company) for subscription by eligible employees ("The Employee Reservation Portion"). the issue less market maker reservation portion and employee reservation portion is hereinafter referred to as the "Net Issue". the issue and the net issue will constitute 28.90 % and 25.07 % respectively of the fully diluted post issue paid up equity share capital of our company. Price Band: Rs. 147/- to Rs. 155/- for equity share of face value of Rs. 10 each. The floor price is 14.70 times times the face value and cap price is 15.50 times of the face value of the equity shares. Bids can made for a minimum of 1,600 equity shares and in multiples of 800 equity shares thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as "Infinity Infoway Private Limited" at Rajkot, Gujarat as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated June 10, 2008, issued by the RoC, Gujarat, Dadra and Nagar Haveli. Subsequently, our Company was converted into a public limited company under the Companies Act, 2013, pursuant to the approval accorded by our Shareholders at their extraordinary general meeting held on June 29, 2024. Consequently, the name of our Company was changed to "Infinity Infoway Limited" and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to our Company by the ROC, Central Processing Centre, Manesar on August 06, 2024, and Corporate Identification Number is U72900GJ2008PLC054170. The registered office of our company is situated at P-9, NR. Water Tank, Visvakarma Society, Mavadi Chokdi, Rajkot, Gujrat, India, 360004.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.