Infinity Infoway, a Software as a Service (SaaS) company focused on delivering tailored Enterprise Resource Planning (ERP) solutions, is set to raise ₹25 crore through an initial public offering (IPO) on the BSE SME platform.
The company plans to offer approximately 15.75 lakh equity shares within a price range of ₹147 to ₹155 per share. The IPO is scheduled to open for subscription on Tuesday.
Proceeds from the IPO are earmarked for several purposes, including the development of the proprietary technology solution “ZEROTOUCH,” acquisition of new IT infrastructure, and necessary certifications. Additional funds will support tender deposits, earnest money deposits towards tenders, working capital requirements, and general corporate purposes.
Holani Consultants will act as the lead manager for the offering, while Bigshare Services has been appointed as the registrar.
Bhaveshkumar Dhirajlal Gadhethriya, the promoter and Managing Director of Infinity Infoway, emphasized the company’s 17 years of experience in the IT sector. He noted that Infinity Infoway’s SaaS solutions have significantly benefited educational institutions, various industries, and government organizations, highlighting a robust presence across 38 universities and 11 industries. The company’s flagship products—Campus Management System and Infinity ERP—continue to enhance operational efficiency.
Ashok Holani, Director of Holani Consultants, remarked on the rapid growth within the SaaS and EdTech sectors, citing the role of digital transformation, automation, and progressive reforms such as the National Education Policy.
Holani affirmed that the IPO would enable Infinity Infoway to accelerate its innovation efforts, strengthen its IT infrastructure, and broaden its operational reach to a wider customer base, encompassing education, industry, and government entities.
Published on September 23, 2025.
