The Infinity Infoway IPO minimum market lot is 1,600 shares with ₹2,48,000 application amount. The Infinity Infoway IPO is a SME IPO, and it is to be listed on BSE.
Business Overview
Founded in 2008, Infinity Infoway Limited is one of the growing SaaS companies involved in offering customized cloud-based ERP (Enterprise Resource Planning) solutions. The company serves its clients across various industries, including education, manufacturing, retail, and construction. Moreover, Infinity Infoway also offers an Online Examination System (OES) for schools, colleges, and universities to conduct exams and share question papers with students.
Moreover, they also offer “Campus Management System” which has been used in 26 universities. This system helps manage students, track attendance, schedule exams, and monitor academics efficiently. Nirma University, Saurashtra University, Shivaji University, Indian Institute of Science Education & Research, HiBond Cement, Davat Beverages, and Kich – Steel for Life are some of the major clients of the company. As of now, the company includes a total of 136 employees.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Infinity Infoway IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 3.51 | 3.51 | 157.14 |
| NII | 0.52 | 2.90 | 548.99 |
| RII | 0.34 | 3.40 | 303.35 |
| Total | 1.14 | 2.99 | 277.24 |
Infinity Infoway IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Infinity Infoway IPO Review and Rating
- May Apply For Long-term View
Infinity Infoway IPO Form
How to apply for the Infinity Infoway IPO? You can apply for Infinity Infoway IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Infinity Infoway IPO in the Invest section. The other option is you can apply for Infinity Infoway IPO via IPO forms downloaded online. Check out the Asston Pharmaceuticals forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
