Identixweb Limited
BSE SME₹108,000 / 2000 Shares
IPO Live Subscription Details (times)
IPO Details
Identixweb Limited IPO is priced between ₹51-54 per equity share, with a face value of ₹10 per share. The company's equity shares will be listed on the BSE SME, and Skyline Financial Services Private Ltd is managing the issue as the registrar.
The IPO bidding period opened on 26 Mar, 2025, and closed on 28 Mar, 2025. The allotment results will be announced on 1 Apr, 2025, with a tentative listing date set for 3 Apr, 2025.
The total issue comprises 30,80,000 shares, amounting to ₹16.63 Cr.
Identixweb Limited IPO Highlights
| IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
|---|---|---|---|---|---|---|---|
| Mar 26, 2025 - Mar 28, 2025 | 3 Apr, 2025 | ₹10 Per Equity Share | ₹51-54 per equity share | - | Shares | - | BSE SME |
Identixweb Limited IPO Timeline
Issue Price
₹51-54 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE SMERegistrar
Skyline Financial Services Private LtdMarket Lot
2000 Shares (₹108,000/-)Lead Manager
Beeline Capital Advisors Pvt LtdIssue Size
30,80,000 shares(aggregating up to ₹16.63 Cr)Retail Portion
35%Subscription
26.15 timesIdentixweb Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 24 | 14.57 | 4.79 | 2.00 | 12.3 | 4.94 | 0.11 |
| 31 Mar 24 | 11.96 | 6.66 | 2.77 | 10.3 | 2.93 | 0.11 |
| 31 Mar 23 | 6.13 | 6.27 | 1.35 | 4.67 | 4.59 | 0.5 |
All values are in ₹ Cr.
Identixweb Limited IPO Valuations
EPS PRE IPO ₹3.76/- | EPS POST IPO ₹3.84/- | PE PRE IPO 14.36 | PE POST IPO 14.07 | ROE 37.70% |
ROCE 57.25% | DEBT EQUITY - | RONW 27.39% | PAT MARGIN 44.86 | PRICE TO BOOK VALUE 3.84 |
About Company
Founded in 2017, Identixweb Limited is a technology firm that deals in Shopify app development and bespoke web solutions.
Identixweb provides services such as Shopify app development, web application development with PHP and React, and WordPress plugin creation.
Identixweb has created over 35 public Shopify apps and delivered more than 100 projects to date, catering to different sectors like e-commerce, fashion, fintech, and SaaS, with a team of more than 50 professionals.
Services:
Shopify Application Development: The company develops Shopify applications to improve store functionality, automate operations, and increase sales.
Node.js Development: The company employs Node.js to develop high-performance, efficient servers for responsive websites and applications.
PHP Development: The company creates PHP-based websites and applications for dynamic, interactive, and database-driven web experiences.
Web Application Development: The company designs easy-to-use web applications for shopping, email, and social networking on devices.
As of March 31, 2024, the company consists of a total of 60 Employees.
Identixweb Limited IPO Subscription Details
| As on | QIB/NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 5,84,000 / 4,40,000 | 10,26,000 | 20,50,000 |
| Day 1 - 26-03-25 06:00 PM | 0.00 / 0.02 x | 0.27 x | 0.14 x |
| Day 2 - 27-03-25 06:00 PM | 0.00 / 0.21 x | 0.65 x | 0.37 x |
| Day 3 - 28-03-25 06:00 PM | 11.19 / 73.46 x | 14.38 x | 26.15 x |
Identixweb Limited IPO - Issue Objectives
- Investment in marketing to support organization’s growth plans in India or Outside India
- Investment into market research and product development through Talent Hiring for the issuer company
- Investment in the Subsidiary for Product Development through Talent Hiring
- General Corporate Purposes
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,Skyline Financial Services Private Ltd