Infinity Infoway Set for ₹24.42 Crore IPO on BSE SME
Infinity Infoway Limited is set to make its market debut on Tuesday, 30th September, 2025, with an Initial Public Offering (IPO). The company, a SaaS provider specializing in customized ERP solutions, aims to raise ₹ 24.42 Crores through the IPO. The shares will be listed on the BSE SME platform.
The IPO consists of 15,75,200 equity shares with a face value of ₹ 10 each, priced within a band of ₹ 147 - ₹ 155 per share. Holani Consultants Private Limited, led by Director Mr. Ashok Holani, is the Book Running Lead Manager, while Bigshare Services Private Limited serves as the Registrar to the Issue.
Proceeds from the IPO will fund various initiatives, including the purchase of new IT infrastructure, certification, tender deposits, and working capital requirements. Notably, a significant portion will be dedicated to the development of 'ZEROTOUCH', a proprietary technology solution. The company caters to diverse sectors such as education, manufacturing, retail, and construction.
Mr. Bhaveshkumar Dhirajlal Gadhethriya, the Promoter and Managing Director, expressed confidence in the company's growth prospects. He praised Infinity Infoway's capabilities and its potential to contribute to India's digital growth story.
Infinity Infoway Limited's IPO, slated for 30th September 2025, is expected to strengthen the company's financial position and accelerate its growth. The funds raised will be channeled towards strategic investments, positioning the company for future expansion and innovation.
