Identixweb Limited IPO (Identixweb IPO) Detail
Identixweb IPO is a bookbuilding of Rs 16.63 crores. The issue is entirely a fresh issue of 30.80 lakh shares.
Identixweb IPO bidding started from March 26, 2025 and ended on March 28, 2025. The allotment for the Identixweb IPO is expected to be finalized on Tuesday, April 1, 2025. Identixweb IPO will be list on BSE SME with a tentative listing date fixed as Thursday, April 3, 2025.
Identixweb IPO price band is set at ₹54 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,02,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,08,000. 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 of the Identixweb IPO, while Skyline Financial Services Private Ltd is the registrar for the issue.The market maker for Identixweb IPO is Spread X Securities Private Limited.
Refer to Identixweb IPO RHP for detailed information.
Identixweb IPO Details
| IPO Date | March 26, 2025 to March 28, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price | ₹54 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 30,80,000 shares (aggregating up to ₹16.63 Cr) |
| Fresh Issue | 30,80,000 shares (aggregating up to ₹16.63 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 |
| Market Maker Portion | 1,54,000 shares Spread X Securities Private Limited |
Identixweb IPO Reservation
Identixweb IPO offers total 30,80,000 shares. Out of which 5,84,000 (18.96%) allocated to QIB, 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 |
|---|---|
| Anchor Investor Shares Offered | 8,76,000 (28.44%) |
| Market Maker Shares Offered | 1,54,000 (5%) |
| QIB 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%) |
Identixweb IPO Anchor Investors Details
Identixweb IPO raises Rs 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) | June 30, 2025 |
Identixweb IPO Timeline (Tentative Schedule)
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 March 28, 2025 |
Identixweb IPO Lot Size
Investors can bid for a minimum of 2000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
| Lot Size Calculator | |||
Identixweb IPO Promoter Holding
| Share Holding Pre Issue | 89.34% |
| Share Holding Post Issue | 63.02% |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
About Identixweb Limited
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:
- Shopify Application Development: The company builds Shopify apps to enhance store functionality, streamline operations, and boost sales.
- Node.js Development: The company uses Node.js to create fast, efficient servers for responsive websites and applications.
- PHP Development: The company develops PHP-based websites and apps for dynamic, interactive, and database-integrated web experiences.
- Web Application Development: The company creates user-friendly web applications for shopping, email, and social networking across devices.
Products Portfolio:
- Stellar Delivery Date & Pickup: This app is a solution for order delivery management.
- iCart Cart Drawer Cart Upsell: Grow your Shopify store’s average order size with iCart’s complete cart upsell & cart cross-sell solution for growth-focused Shopify merchants.
- TablePress – Data Tables: TablePress allows you to create tables that can be embedded into blogs, pages, or text widgets with a simple shortcode.
- WordPress Plugin: With this you can accelerate online sales with an outstanding WooCommerce upsell plugin, driving more conversions and boosting your revenue effortlessly.
As of February 28, 2025, the company has a total of 64 Employees.
Competitive Strengths:
- Skilled Professional Team and Strong Leadership
- Tailored Solutions
- Comprehensive Development Services
- Client-Centric Approach
- Innovation and Adaptability
Company Financials
Identixweb Limited Financial Information (Restated Consolidated)
| Period Ended | 30 Sep 2024 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 14.57 | 11.96 | 6.13 |
| Revenue | 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 | |||
Key Performance Indicator (KPI)
The market capitalization of Identixweb IPO is Rs 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 Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of September 30, 2024 that is available in RHP.
Objects of the Issue (Identixweb IPO Objectives)
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 Millions) |
|---|---|---|
| 1 | Investment in marketing to support organization’s growth plans in India or Outside India | 25 |
| 2 | Investment into market research and product development through Talent Hiring for the issuer company | 42 |
| 3 | Investment in the Subsidiary for Product Development through Talent Hiring | 41.58 |
| 4 | General Corporate Purposes |
Identixweb IPO Review May apply
[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…
Identixweb IPO Subscription Status (Bidding Detail)
The Identixweb IPO is subscribed 26.15 times on March 28, 2025 6:19:32 PM (Day 3). The public issue subscribed 14.38 times in the retail category, 11.19 times in the QIB category, and 73.46 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB | 11.19 | 5,84,000 | 65,36,000 | 0 |
| NII* | 73.46 | 4,40,000 | 3,23,22,000 | 0 |
| Retail | 14.38 | 10,26,000 | 1,47,56,000 | 0 |
| Total | 26.15 | 20,50,000 | 5,36,14,000 | 9,863 |
Total Application : 9,863
*Market Maker portion is not included to NII/HNI.
Identixweb IPO Prospectus
Identixweb Limited Contact Details
Identixweb Limited
Plot No. 240, C. S. No. 1730,
1st Floor, Nehru Nagar, L. H. Road,
Sy. No. 46/A+2, TPS-4, Surat – 395006,
Phone: +91 9510888111
Email: compliance@identixweb.com
Website: http://www.identixweb.com/
Identixweb IPO Registrar
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
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