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Icodex Publishing Solutions IPO vs MARC Technocrats IPO

Comparison between Icodex Publishing Solutions IPO and MARC Technocrats IPO.

IPO Details

Icodex Publishing Solutions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while MARC Technocrats IPO is a SME Bookbuilding proposed to list at NSE SME.

 Icodex Publishing Solutions IPOMARC Technocrats IPO
LogoIcodex Publishing Solutions IPO LogoMARC Technocrats IPO Logo
Issue CategorySMESME
Issue TypeIPOIPO
Process TypeBookbuildingBookbuilding
Listing AtBSE SMENSE SME
Lead ManagersIndcap Advisors Pvt.Ltd.Narnolia Financial Services Ltd.
RegistrarCameo Corporate Services Ltd.Maashitla Securities Pvt.Ltd.
Market MakerGiriraj Stock Broking Pvt.Ltd.
DRHPDRHP DRHP
RHPRHP
Anchor Investor
IPO Allotment URLIPO Allotment URL

Issue Size and Price

The total issue size of Icodex Publishing Solutions IPO is up to ₹39.93 Cr whereas the issue size of the MARC Technocrats IPO is up to ₹0.00 Cr. The final issue price of Icodex Publishing Solutions IPO is ₹102.00 per share and of MARC Technocrats IPO is .

 Icodex Publishing Solutions IPOMARC Technocrats IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)₹98.00 per share
Issue Price (Upper)₹102.00 per share
Issue Price (Final)₹102.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares
Fresh Issue Size31,89,600 shares36,69,600 shares
Fresh Issue Size (Amount)up to ₹32.53 Crup to ₹0.00 Cr
OFS Issue Size7,24,800 shares9,09,600 shares
OFS Issue Size (Amount)up to ₹7.39 Crup to ₹0.00 Cr
Issue Size Total39,14,400 shares45,79,200 shares
Issue Size Total (Amount)up to ₹39.93 Crup to ₹0.00 Cr

IPO Timetable

Icodex Publishing Solutions IPO opens on Aug 11, 2025, while MARC Technocrats IPO opens on . The closing date of Icodex Publishing Solutions IPO and MARC Technocrats IPO is Aug 13, 2025, and , respectively.

 Icodex Publishing Solutions IPOMARC Technocrats IPO
Anchor Bid Date
Issue OpenAug 11, 2025
Issue CloseAug 13, 2025
Basis Of Allotment (Tentative)Aug 14, 2025
Initiation of Refunds (Tentative)Aug 18, 2025
Credit of Share (Tentative)Aug 18, 2025
Listing date (Tentative)Aug 19, 2025
Anchor Lockin End date 1
Anchor Lockin End date 2

Financials & KPIs

Icodex Publishing Solutions IPO P/E ratio is 13.94, as compared to MARC Technocrats IPO P/E ratio of .

 Icodex Publishing Solutions IPOMARC Technocrats IPO
FinancialsEBITDA

MARC Technocrats Limited Financial Information (Restated Consolidated)

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets32.126.4621.5217.86
Total Income22.1426.9420.5720.05
Profit After Tax3.783.452.642.67
Net Worth24.1620.3816.9214.29
Reserves and Surplus10.5210.637.184.54
Total Borrowing1.021.050.60.08
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)88.2499.99
Promoter Shareholding (Post-Issue)64.4673.55
P/E Ratio13.94
Market Cap₹159.50 Cr.
ROE47.51%18.51%
ROCE110.07%23.21%
Debt/Equity0.160.05
EPS₹7.32
RoNW47.02%18.51%

Shares Offered

In the Icodex Publishing Solutions IPO Retail Individual Investors (RII) are offered 19,03,200 shares while in MARC Technocrats IPO retail investors are offered 19,03,200 shares. Qualified Institutional Buyers (QIB) are offered 1,08,000 shares in Icodex Publishing Solutions IPO and in MARC Technocrats IPO.

 Icodex Publishing Solutions IPOMARC Technocrats IPO
Anchor Investor Reserveration
Market Maker Reserveration2,06,400 shares2,38,800 shares
QIB1,08,000 shares
NII19,03,200 shares
RII19,03,200 shares
Employee0 shares
Others
Total39,14,400 shares

Bids Received (Subscription)

Icodex Publishing Solutions IPO subscribed 3.95x in total, whereas MARC Technocrats IPO subscribed .

 Icodex Publishing Solutions IPOMARC Technocrats IPO
QIB (times)33.08x
NII (times)1.58x
Big NII (times)1.84x
Small NII (times)1.68x
RII (times)4.67x
Employee (times)
Other (times)
Total (times)3.95x