India, Sept. 23 -- Infinity Infoway Ltd. has announced public offering of 1575200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 145.00 per share. The gross proceeds of the issue are expected to be Rs 2,441.56 lakhs.
The company's initial public offer (IPO) will open on 30 September 2025 and is expected to close on 03 October 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 147.00-155.00 per share.
The IPO includes a fresh Issue of 1575200 Equity Shares of the Company at an price of Rs 155.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 800 shares with bids in multiples of 800.
Infinity Infoway Ltd. anticipates using the proceeds of the issue f...