Infinity Infoway's IPO Skyrockets with 277x Subscription, Poised for Strong Market Debut

1 min read     Updated on 08 Oct 2025, 08:01 AM
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Reviewed by
Radhika SahaniScanX News Team
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Overview

Infinity Infoway, a SaaS-based ERP solutions provider, is preparing for its stock market debut on October 8. The company's Rs 24.42 crore IPO was oversubscribed 277.24 times, with retail investors subscribing 303x, non-institutional investors 549x, and QIBs 157x. The grey market premium suggests a potential listing price of Rs 195-200, up from the issue price of Rs 155. Infinity Infoway, founded in 2008, offers ERP solutions for education, manufacturing, retail, and construction sectors. The company reported revenue of Rs 13.50 crore and profit of Rs 4.19 crore, showing YoY growth of 30% and 21% respectively. IPO proceeds will fund a new platform development, IT infrastructure upgrades, and working capital needs.

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*this image is generated using AI for illustrative purposes only.

Infinity Infoway, a leading SaaS-based ERP solutions provider, is set to make waves in the stock market with its upcoming debut on October 8. The company's Initial Public Offering (IPO) has garnered exceptional investor interest, achieving a staggering 277.24 times overall subscription – one of the highest among SME listings this year.

Subscription Details

The Rs 24.42 crore IPO saw overwhelming response across investor categories:

Investor Category Subscription Rate
Retail Investors 303.00x
Non-Institutional 549.00x
QIBs 157.00x

Grey Market Premium

The stock is currently commanding a grey market premium of Rs 45 per share, representing a 29% increase over the issue price of Rs 155. This suggests a potential listing in the range of Rs 195-200, indicating strong investor confidence in the company's prospects.

Company Overview

Incorporated in 2008, Infinity Infoway specializes in providing customized ERP software solutions across various sectors:

  • Education
  • Manufacturing
  • Retail
  • Construction

The company boasts a diverse clientele, including notable names such as Nirma University and HiBond Cement.

Financial Performance

Infinity Infoway has demonstrated robust financial growth:

Metric Amount (Rs cr) YoY Growth
Revenue 13.50 30.00%
Profit 4.19 21.00%

IPO Proceeds Utilization

The funds raised from the IPO will be allocated towards:

  1. Development of a new ZeroTouch Device-as-a-Service platform
  2. IT infrastructure upgrades
  3. Working capital requirements

Market Outlook

The exceptional subscription rates across all investor categories highlight the strong demand for Infinity Infoway's shares. The company's focus on customized ERP solutions in high-growth sectors, coupled with its impressive financial performance, appears to have resonated well with investors.

As the company prepares for its market debut, all eyes will be on its listing performance and how it leverages the raised capital to fuel its growth strategies in the competitive SaaS and ERP solutions market.

Investors and market watchers alike will be keenly observing Infinity Infoway's journey as it transitions from a private entity to a publicly-traded company, potentially setting a benchmark for future SME listings in the Indian stock market.

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Infinity Infoway IPO Sees Massive 258x Oversubscription, Grey Market Premium Soars

1 min read     Updated on 06 Oct 2025, 10:25 AM
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Reviewed by
Riya DeyScanX News Team
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Overview

Infinity Infoway's Rs 24.42 crore IPO concluded with a 258.46 times oversubscription. Non-institutional investors led with 397.06x subscription, followed by retail at 303.23x. The grey market premium reached Rs 50, suggesting a potential 32.26% gain on listing. Allotment finalization and listing on BSE SME platform are expected on October 8. The company plans to use funds for developing ZEROTOUCH device as a Service, purchasing IT infrastructure, funding tender deposits, and meeting working capital needs.

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*this image is generated using AI for illustrative purposes only.

Infinity Infoway's Initial Public Offering (IPO) has concluded with a remarkable oversubscription of 258.46 times, signaling strong investor interest in the company. The Rs 24.42 crore book-built issue, consisting entirely of fresh shares, was priced between Rs 147-155 per share.

Subscription Details

The IPO saw enthusiastic participation across investor categories:

Investor Category Subscription Rate
Non-Institutional 397.06x
Retail 303.23x
Overall 258.46x

Grey Market Premium

The grey market has responded positively to the IPO, with the premium reaching Rs 50. This suggests an expected listing price of Rs 205 per share, representing a potential 32.26% gain over the upper price band.

Key Dates

  • Allotment Status Finalization: October 8
  • Demat Account Credit: October 7
  • Tentative Listing (BSE SME Platform): October 8

Utilization of Funds

Infinity Infoway plans to use the IPO proceeds for several strategic initiatives:

  1. Developing ZEROTOUCH device as a Service
  2. Purchasing IT infrastructure
  3. Funding tender deposits
  4. Meeting working capital requirements

The strong oversubscription and grey market premium indicate significant investor interest in Infinity Infoway's business model and growth prospects. As the company prepares for its listing on the BSE SME platform, market participants will be keenly watching its performance in the coming days.

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