Infinity Infoway IPO Opens Today: Anchor Investors Commit ₹6.32 Crore

Rajkot, September 30, 2025: The ₹24.42 crore Initial Public Offering (IPO) of Infinity Infoway Limited is set to open today, on September 30. Investors who are interested in applying to the IPO can utilise the ASBA facility by visiting their net banking portal or applying through a UPI mandate. The IPO application window will remain open till October 3.

Infinity Infoway Limited is an Indian company that provides SaaS-based ERP and EdTech solutions. It also operates Brainzorg, a digital self-learning platform. The company was founded in 2008 and is headquartered in Rajkot, Gujarat.

Infinity Infoway IPO Raised ₹6.32 Crore From Anchor Investors

Ahead of the IPO, the company raised ₹6.32 crore from 5 anchor investors by allocating them 4,08,000 equity shares at ₹155 per share. Key investors included Holani Venture Capital Fund – Holani Venture Capital Fund I, Finavenue Capital Trust – Finavenue Growth Fund, Meru Investment Fund PCC – Cell 1, Aarth AIF Growth Fund, and VPK Global Ventures Fund – Scheme 1.

Infinity Infoway IPO Issue Size of ₹24.42 Crore

Infinity Infoway IPO has an issue size of ₹24.42 crore, including an entirely fresh issue of 0.16 crore shares, with no offer for sale element. The company has set a price band of ₹147 to ₹155 per share. The lot size for an application is 800. The minimum amount of investment required by an individual investor (retail) is ₹2,48,000.00 (1,600 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (2,400 shares), amounting to ₹3,72,000.

Holani Consultants Pvt.Ltd is the book running lead manager, and Bigshare Services Pvt.Ltd is the registrar of the issue. The shares are expected to list on BSE SME on October 8, 2025.

Infinity Infoway Utilisation of IPO Proceeds

Infinity Infoway Limited plans to utilise its IPO proceeds across multiple objectives. Around ₹3.75 crore is earmarked for developing the ZEROTOUCH Device-as-a-Service (DaaS), while ₹2.61 crore will go towards new IT infrastructure and certification. The company has allocated ₹4 crore for tender and earnest money deposits, ₹8.58 crore for incremental working capital needs, with the remaining balance set aside for general corporate purposes.

Investors can start applying to the issue after 10:00 AM today. Share allotment is expected on October 6, while credit of shares and refund initiation are expected on October 7.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations