Infinity Infoway, a small company, made a spectacular entry into the stock market by doubling investors’ money on the first day. Its initial public offering (IPO) was priced at ₹155.
After listing, the shares opened at ₹294.50 on Wednesday, October 8, 2025—giving investors a 90% premium. Soon after, the share price jumped 5% further to ₹309.20.
Compared to the issue price, this means investors gained almost 100%. The company’s market capitalization crossed ₹168 crore on the same day.
The IPO of Infinity Infoway opened for bidding on September 30, 2025, and closed on October 3. The total issue size was ₹24.42 crore.
Massive Response to IPO
The IPO received tremendous demand and was oversubscribed 277.24 times.
Retail investors’ quota: Subscribed 303.35 times
Non-institutional investors (NII): Subscribed 548.99 times
Qualified institutional buyers (QIB): Subscribed 157.14 times
Retail investors were allowed to apply for 2 lots, which included 1,600 shares. This meant they needed to invest about ₹2.48 lakh for 2 lots.
About Infinity Infoway
Founded in 2008, Infinity Infoway Limited is a leading SaaS company. It specializes in customized, cloud-based enterprise resource planning (ERP) solutions.
The company serves multiple sectors, including education, manufacturing, retail, construction, CRM, supply chain management (SCM), and human resource management (HRM).
