Unlocking Potential: A Deep Dive into the Infinity Infoway IPO

The investment landscape is perpetually vibrant, and Initial Public Offerings (IPOs) frequently emerge as focal points for keen investors. With the Indian market witnessing a surge in SME listings, a new opportunity beckons in the form of Infinity Infoway Ltd.'s IPO. This company operates in the rapidly expanding Software as a Service (SaaS) sector, offering cloud-based Enterprise Resource Planning (ERP) solutions tailored for diverse industries. For those contemplating participation in this offering, a thorough understanding of the company, its financials, and the IPO mechanics is paramount. Let’s embark on a detailed exploration of what Infinity Infoway brings to the table and what this IPO entails for prospective investors.

Infinity Infoway: A Deep Dive into the Company

Founded in 2008, Infinity Infoway Limited has established itself as a significant player in the SaaS domain. The company specializes in crafting customized cloud-based ERP solutions, serving a broad spectrum of sectors across the nation. Their expertise spans critical areas like education, manufacturing, retail, and construction, alongside crucial business functions such as Customer Relationship Management (CRM), Supply Chain Management (SCM), and Human Resources (HR) management.

Core Offerings and Impressive Clientele:

• Campus Management System: This flagship ERP platform is currently implemented in 26 universities, providing robust solutions for student administration, attendance tracking, examination scheduling, and comprehensive academic monitoring.
• Industrial ERP Solutions: Designed for small to large enterprises, these solutions integrate modules covering sales, accounting, GST compliance, CRM, and supply chain. Infinity Infoway has successfully deployed 13 such industrial ERP software systems over the past three fiscal years.
• Diverse Service Portfolio: Beyond ERP, the company offers web development, digital learning platforms, online examination portals, custom ERP development, business process consulting, and specialized ERP support with manpower outsourcing.
• Notable Clients: Their esteemed client list includes institutions and companies such as Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research, HiBond Cement, Davat Beverages, and Kich – Steel for Life.

Driving Competitive Edge:

• A highly competent management team possessing extensive industry expertise.
• Development of AI-enabled products that align with contemporary educational frameworks like the National Education Policy-2020.
• A consistent record of successful ERP system deployments.
• An established company with demonstrably strong financial performance.
• A robust portfolio of products and services.

Understanding the Infinity Infoway IPO: Key Information

The Infinity Infoway IPO is a book-built issue, aiming to raise ₹24.42 crores entirely through the issuance of fresh shares. Here’s a snapshot of the critical details:

IPO Journey: From Opening to Listing (Tentative Schedule)

Staying informed about the timeline is crucial for any IPO participant. Here's a tentative schedule for the Infinity Infoway IPO process:

Investment Tiers: Lot Sizes and Minimum Amounts

Prospective investors must understand the lot size and minimum investment requirements. Applications are accepted for a minimum of 800 shares and in multiples thereafter. The following table provides a clear breakdown for various investor categories:

Note: Bidding at the cut-off price is not permitted across any investor segment. Employees have the option to apply under the Retail or NII categories in addition to their dedicated employee quota, subject to the respective limits.

Investor Categories and Share Allocation:

The total issue of 15,75,200 shares is strategically allocated among various investor segments, ensuring broad participation:

Anchor Investor Insights:

The Infinity Infoway IPO successfully garnered ₹6.32 crores from anchor investors prior to the main offering. This segment comes with specific lock-in periods to ensure stability:

• Anchor Bid Date: September 29, 2025
• Shares Offered: 4,08,000
• Anchor Portion Size: ₹6.32 Crores
• Lock-in End for 50% shares (30 Days): November 5, 2025
• Lock-in End for Remaining shares (90 Days): January 4, 2026

Financial Health Check: Infinity Infoway's Performance

A deep dive into the company's financial performance reveals a positive and growing trajectory, crucial for evaluating investment potential:

Between the fiscal years ending March 31, 2024, and March 31, 2025, Infinity Infoway demonstrated robust growth, with revenue increasing by an impressive 30% and Profit After Tax (PAT) rising by 21%. This indicates consistent operational efficiency and market penetration.

Key Performance Metrics at a Glance (as of March 31, 2025):

• Return on Equity (ROE): 47.33%
• Return on Capital Employed (ROCE): 43.95%
• Return on Net Worth (RoNW): 33.06%
• PAT Margin: 31.77%
• EBITDA Margin: 46.70%
• Price to Book Value: 4.74
• Market Capitalization (Post-IPO): ₹82.31 Crores

Note: Pre-IPO EPS is calculated based on pre-issue shareholding and the latest FY25 earnings. Post-IPO EPS is derived from the post-issue shareholding and annualized FY25 earnings.

Utilizing the Capital: IPO Objectives

The net proceeds from the IPO are strategically allocated to fuel various growth initiatives, ensuring the company's continuous innovation and expansion:

• Development of the cutting-edge "ZEROTOUCH Device as a Service (DaaS)" product: ₹3.75 Crores
• Procurement of new IT Infrastructure and obtaining essential Certifications: ₹2.61 Crores
• Funding for Tender Deposits and Earnest Money Deposits (EMD) towards new contracts: ₹4.00 Crores
• Meeting the incremental Working Capital Requirements of the company: ₹8.58 Crores
• General corporate purposes, providing flexibility for future strategic needs.

Promoter Shareholding: Pre and Post-IPO

Infinity Infoway is steered by its promoters: Mr. Bhaveshkumar Dhirajlal Gadhethriya, Mr. Dhirajlal Bhanjibhai Gadhethariya, and Mrs. Rinaben Bhaveshkumar Gadhethariya.

• Pre-Issue Promoter Holding: 96.34%
• Post-Issue Promoter Holding: This value will be adjusted based on the equity dilution from the fresh issue of shares.

Strategic Outlook: A SWOT Analysis

A comprehensive SWOT analysis offers a balanced perspective on Infinity Infoway's internal strengths and weaknesses, as well as external opportunities and threats:

Navigating the Application Process

Applying for an IPO has become streamlined with the advent of digital platforms. Most reputable brokerage firms offer integrated IPO application services, making participation accessible for many investors.

Step-by-Step Application Guide (Applicable to Major Brokers):

For customers of popular brokerage platforms, the online application process typically involves using UPI as a payment gateway. The general steps are as follows:

1. Access your broker's platform (e.g., login to their console or web portal).
2. Navigate to the 'Portfolio' or dedicated 'IPO' section.
3. Locate the 'Infinity Infoway IPO' listing and initiate your bid.
4. Carefully enter your UPI ID, the desired quantity of shares (in multiples of the defined lot size), and your bid price.
5. Confirm and submit your IPO application form.
6. Crucially, approve the UPI mandate request within your chosen UPI payment application (such as Google Pay, PhonePe, BHIM, or your bank's UPI app) before the specified cut-off time on the IPO closing date (5 PM on Oct 3, 2025).

Investors can also opt to apply for the IPO using the ASBA (Application Supported by Blocked Amount) facility, which is typically available through their respective bank's net banking services.

Evaluating the Opportunity: A Comprehensive Outlook

Assessing an IPO requires a careful consideration of the company's fundamentals, the sector's potential, and the valuation. Infinity Infoway operates within the rapidly expanding SaaS and ERP market, which is currently experiencing significant demand fueled by widespread digital transformation across various industries. Its focused approach on customized solutions for specialized sectors like education and manufacturing provides a distinct competitive advantage. The company's consistent financial growth and healthy profit margins present encouraging indicators for its future prospects.

However, investors should also remain cognizant of the intense competitive environment prevalent in the technology sector and the inherent risks associated with SME listings. It is always advisable for individuals to conduct their own thorough due diligence, carefully analyze market sentiment, and consider consulting with a qualified financial advisor before making any investment decisions. A well-informed approach is the cornerstone of prudent investing.

Essential Contacts for Investors

Company Connect:

• Address: P-9, NR. Water Tank, Visvakarma Society, Mavadi Chokdi, Rajkot, Gujarat, 360004, India
• Phone: 9687800336
• Email: cs@infinityinfoway.com
• Website: http://www.infinityinfoway.com/

Registrar Details:

• Name: Bigshare Services Pvt.Ltd.
• Phone: +91-22-6263 8200
• Email: ipo@bigshareonline.com
• Website: https://ipo.bigshareonline.com/IPO_Status.html

Frequently Asked Questions About the IPO

• What is the Infinity Infoway IPO?
  The Infinity Infoway IPO is an SME IPO involving 15,75,200 equity shares, each with a face value of ₹10, aiming to raise up to ₹24.42 Crores. It is a book-built issue with a price band of ₹147 to ₹155 per share, and the minimum order quantity is 800 shares.
• When does the Infinity Infoway IPO open and close for subscription?
  The IPO opens for subscription on September 30, 2025, and concludes on October 3, 2025.
• What is the minimum lot size for the Infinity Infoway IPO?
  The minimum lot size for application is 800 shares. For an individual retail investor, this translates to a minimum investment of ₹2,48,000 (at the upper price band).
• How can I submit an application for the Infinity Infoway IPO?
  You can apply online using either the UPI (Unified Payments Interface) method, typically facilitated through your stockbroker's platform, or the ASBA (Application Supported by Blocked Amount) facility available via your bank's net banking portal.
• When is the finalization of allotment for Infinity Infoway IPO expected?
  The basis of allotment for the Infinity Infoway IPO is tentatively scheduled to be finalized on Monday, October 6, 2025.
• When will the allotted shares be credited to my Demat account?
  If allotted, the shares are expected to be credited to your demat account by Tuesday, October 7, 2025.
• What is the tentative listing date for Infinity Infoway IPO?
  The tentative listing date for the Infinity Infoway IPO on the BSE SME platform is Wednesday, October 8, 2025.

Conclusion: Weighing the Investment

The Infinity Infoway Ltd. SME IPO presents a compelling opportunity to engage with a growing SaaS enterprise. With its strong foundation in specialized ERP solutions, robust financial performance, and clearly defined objectives for capital utilization, the company is well-positioned to leverage the burgeoning demand for cloud-based enterprise software. For those considering an investment, it is essential to conduct thorough research, meticulously review the company's detailed prospectus, understand market dynamics, and align decisions with personal financial goals and risk tolerance. Informed choices are always the most rewarding ones in the dynamic world of stock market investing.