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Identixweb IPO is a book build issue of ₹16.63 crores. The issue is entirely a fresh issue of 0.31 crore shares of ₹16.63 crore.
Identixweb IPO bidding started from Mar 26, 2025 and ended on Mar 28, 2025. The allotment for Identixweb IPO was finalized on Apr 1, 2025. The shares got listed on BSE SME on Apr 3, 2025.
Identixweb IPO price band is set at ₹54.00 per share . The lot size for an application is 2,000. The minimum amount of investment required by an retail is ₹1,08,000 (2000 shares) (based on upper price). The minimum lot size investment for HNI is 2 lots (4,000 shares), amounting to ₹2,16,000.
Beeline Capital Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Spread X Securities Pvt.Ltd..
Refer to Identixweb IPO RHP for detailed Information.
| IPO Date | March 26, 2025 to March 28, 2025 |
| Listing Date | April 3, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹51 to ₹54 per share |
| Issue Price Final | ₹54 per share |
| Lot Size | 2,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 30,80,000 shares (aggregating up to ₹16.63 Cr) |
| Reserved for Market Maker | 1,54,000 shares Spread X Securities Pvt.Ltd. (aggregating up to ₹0.8316 Cr) |
| Net Offered to Public | 29,26,000 shares (aggregating up to ₹15.80 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 73,61,550 shares |
| Share Holding Post Issue | 1,04,41,550 shares |
Identixweb IPO offers total 30,80,000 shares. Out of which 14,60,000 (47.40%) allocated to QIB, 5,84,000 (18.96%) allocated to QIB (Ex- Anchor), 4,40,000 (14.29%) allocated to NII, 10,26,000 (33.31%) allocated to RII and 8,76,000 (28.44%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,54,000 (5.00%) |
| QIB Shares Offered | 14,60,000 (47.40%) |
| − Anchor Investor Shares Offered | 8,76,000 (28.44%) |
| − QIB (Ex. Anchor) Shares Offered | 5,84,000 (18.96%) |
| NII (HNI) Shares Offered | 4,40,000 (14.29%) |
| Retail Shares Offered | 10,26,000 (33.31%) |
| Total Shares Offered | 30,80,000 (100.00%) |
Identixweb IPO raises ₹4.73 crore from anchor investors. Identixweb IPO Anchor bid date is March 25, 2025. Identixweb IPO Anchor Investors list
| Bid Date | March 25, 2025 |
| Shares Offered | 8,76,000 |
| Anchor Portion Size (In Cr.) | 4.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | May 1, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | July 3, 2025 |
Identixweb IPO opens on March 26, 2025, and closes on March 28, 2025.
| IPO Open Date | Wed, Mar 26, 2025 |
| IPO Close Date | Fri, Mar 28, 2025 |
| Tentative Allotment | Tue, Apr 1, 2025 |
| Initiation of Refunds | Wed, Apr 2, 2025 |
| Credit of Shares to Demat | Wed, Apr 2, 2025 |
| Tentative Listing Date | Thu, Apr 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Fri, Mar 28, 2025 |
Investors can bid for a minimum of 2,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹1,08,000 |
| Retail (Max) | 1 | 2,000 | ₹1,08,000 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2017, Identixweb Limited is a technology company specializing in Shopify app development and custom web solutions.
The company offers services including Shopify app development, web app development using PHP and React, and WordPress plugin development.
With over 50 professionals, Identixweb has developed more than 35 public Shopify apps and completed over 100 projects, serving various industries such as e-commerce, fashion, fintech, and SaaS.
Services:
Products Portfolio:
As of February 28, 2025, the company has a total of 64 Employees.
Competitive Strengths:
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 14.57 | 11.96 | 6.13 |
| Total Income | 4.79 | 6.66 | 6.27 |
| Profit After Tax | 2 | 2.77 | 1.35 |
| Net Worth | 12.3 | 10.29 | 4.67 |
| Reserves and Surplus | 4.94 | 2.93 | 4.59 |
| Total Borrowing | 0.11 | 0.11 | 0.46 |
| Amount in ₹ Crore | |||
The market capitalization of Identixweb IPO is ₹56.38 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 37.70% |
| ROCE | 57.25% |
| RoNW | 27.39% |
| PAT Margin | 44.86% |
| Price to Book Value | 3.84 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 3.76 | 3.84 |
| P/E (x) | 14.36 | 14.07 |
The Company Identixweb IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Investment in marketing to support organization’s growth plans in India or Outside India | 2.50 |
| 2 | Investment into market research and product development through Talent Hiring for the issuer company | 4.20 |
| 3 | Investment in the Subsidiary for Product Development through Talent Hiring | 4.16 |
| 4 | General Corporate Purposes |
[Dilip Davda] IWL is engaged in providing SaaS based digital product solutions for E-commerce store development. It is providing its product and services worldwide across a wide range of sectors. The company posted marginal growth in its top line, but its bottom line jumped over 100% between FY23 and FY24. Based on recent financial data, the issue appears fully priced. Well-informed investors may park funds long term. Read detail review...
| Listing Date | April 3, 2025 |
| BSE Script Code | 544388 |
| NSE Symbol | |
| ISIN | INE0PA401012 |
| Final Issue Price | ₹54 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹54.00 |
| Open | ₹55.00 |
| Low | ₹55.00 |
| High | ₹57.75 |
| Last Trade | ₹57.75 |
Identixweb Ltd.
Plot No. 240, C. S. No. 1730,
1st Floor, Nehru Nagar, L. H. Road,
Sy. No. 46/A+2, TPS-4, Surat – 395006,
Surat, Gujarat, 395006
Phone: +91 9510888111
Email: compliance@identixweb.com
Website: http://www.identixweb.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
Identixweb IPO is a SME IPO of 30,80,000 equity shares of the face value of ₹10 aggregating up to ₹16.63 Crores. The issue is priced at ₹54 per share. The minimum order quantity is 2000.
The IPO opens on March 26, 2025, and closes on March 28, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Identixweb IPO using UPI as a payment gateway. Zerodha customers can apply in Identixweb IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Identixweb IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Identixweb IPO opens on March 26, 2025 and closes on March 28, 2025.
Identixweb IPO lot size is 2000, and the minimum amount required for application is ₹1,08,000.
You can apply in Identixweb IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Identixweb IPO will be done on Tuesday, April 1, 2025, and the allotted shares will be credited to your demat account by Wednesday, April 2, 2025. Check the Identixweb IPO allotment status.
The Identixweb IPO listing date is on Thursday, April 3, 2025.
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