
Infinity Infoway Ltd IPO
Infinity Infoway Ltd IPO Price Range is ₹147 - ₹155, with a minimum investment of ₹2,48,000 for 1600 shares per lot.
Subscription Rate
258.46x
as on 03 Oct 2025, 07:00PM IST
Minimum Investment
₹2,48,000
/ 1600 shares
IPO Status
Price Band
₹147 - ₹155
Bidding Dates
Sep 30, 2025 - Oct 3, 2025
Issue Size
₹24.42 Cr
Lot Size
800 shares
Min Investment
₹2,48,000
Listing Exchange
BSE
Infinity Infoway Ltd IPO Application Timeline




IPO Subscription Status
as on 03 Oct 2025, 07:00PM IST
IPO subscribed over
🚀 258.46x
This IPO has been subscribed by 303.232x in the retail category and 157.141x in the QIB category.
Subscription Rate
| Total Subscription | 258.46x |
| Retail Individual Investors | 303.232x |
| Qualified Institutional Buyers | 157.141x |
| Non Institutional Investors | 397.059x |
Strengths and Risks
Strengths
Expert Management Team with Industry Domain Knowledge.
National Education Policy-2020 enabled products with AI.
Ensuring Successful ERP Implementation.
Established Company with Strong Financial Performance.
Robust Products & Services.
Risks
Our revenue from operations has significantly increased from Rs. 517.17 Lakhs in FY 2022-23 to Rs. 1,017.16 Lakhs in FY 2023-24 and to Rs. 1,319.23 Lakhs in FY 2024-25 resulting in CAGR of 36.64% over the last 3 fiscal years. Similarly, our profits have significantly increased from Rs. 93.86 Lakhs in FY 2022-23 to Rs. 346.62 Lakhs in FY 2023-24 and to Rs. 419.15 Lakhs in FY 2024-25 resulting in CAGR of 64.68%. If we are unable to sustain or manage our growth rate our business operations and results of operations may be adversely affected, and this rate of growth may not be achievable in the future.
Our business will suffer if we fail to anticipate and develop new services and enhance existing services to keep pace with rapid changes in technology and the industries on which we focus.
Failure to offer customer support in a timely and effective manner may adversely affect our relationships with our customers.
We have not been granted the patent application filled in respect to Zerotouch technology and is still under examination by Indian Patent Office. Any failure to obtain such patent might lead to loosing of competitive advantage of our company and can adversely affect our business.
There have been certain inadvertent inaccuracies, delay and non-compliances with respect to certain regulatory filings and corporate actions taken by our Company. Consequently, we may be subject to regulatory actions and penalties for any past or future non-compliance and our business and financial condition may be adversely affected.
Intense competition in the market for technology services could affect our pricing, which could reduce our share of business from clients and decrease our revenues and profitability.
We are dependent on and derive 63.44%, 83.47% and 71.45% of our revenue from our top 10 key customers for the Fiscal Year 2025, 2024 and 2023 respectively. Delay or Cancellation of orders by any one or all of our top customers could have a material and adverse effect on our business, results of operations and financial condition.
One of the Objects of the Issue is to use the Net Proceeds to invest up to Rs. 375 Lakhs towards the development a new product called ZEROTOUCH DaaS (Device as a Service) specified in the Objects of the Issue - Development of the Product ZEROTOUCH DaaS which is subject to a variety of risks related to the non-completion of various stages as outlined in the schedule of implementation of Proposed project as specified on page 93. Delays or failures in completing any of the milestones in the schedule of implementation could adversely affect the overall project completion and subsequent operations.
Failure to continue investing in Research and Development (R&D) activity may harm our business growth.
Our Company requires significant amounts of working capital for continued growth. Our inability to meet our working capital requirements may have an adverse effect on the results of operations. Further, failure to manage our inventory could have an adverse effect on our sales, profitability, cash flow and liquidity.
How to Apply for Infinity Infoway Ltd IPO on INDmoney
- Download the INDmoney app and complete your KYC.
- Go to INDstocks → IPO, or just search “IPO”.
- Tap on Infinity Infoway Ltd IPO from the list of live IPOs.
- View key details like price band, lot size, and dates.
- Tap Apply Now and choose your number of lots.
- Use INDpay UPI for instant mandate tracking.
- Your funds will be blocked until the share allotment is finalized.