
Icodex Publishing Solutions Limited IPO
BSE SMEListed On: Aug 19, 2025 at ₹ 81.6
₹ 244800 /2400 Shares
*Min Investment
11 Aug, 2025
Open Date13 Aug, 2025
Close Date14 Aug, 2025
Allotment Date19 Aug, 2025
Listing DateIcodex Publishing Solutions IPO Live Subscription Details
View Subscription DetailsIcodex Publishing Solutions IPO Issue Details
- Issue Price ₹98-102 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 41,20,800 shares(aggregating up to ₹42.03 crore)
- Fresh Share 31,89,600 shares(aggregating up to ₹32.53 crore)
- Offer For Sale 7,24,800 shares(aggregating up to ₹7.39 crore)
- Listing at BSE SME
- List Price 81.6
- Listing Date 2025-08-19
- Lead Manager Indcap Advisors Pvt. Ltd
- Registrar Cameo Corporate Services Limited
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,44,800 |
| Individual(max) | 2 | 2400 | ₹2,44,000 |
| NII (min) | 3 | 3,600 | ₹3,67,200 |
Icodex Publishing Solutions IPO Reservation
Icodex Publishing Solutions IPO offers total 41,20,800 shares. Out of which 1,08,000 (2.62%) allocated to QIB, 19,03,200 (46.19%) allocated to NII,19,03,200 (46.19%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 2,06,400 (5.01%) | |
| QIB Shares Offered | 1,08,000 (2.62%) | |
| NII (HNI) Shares Offered | 19,03,200 (46.19%) | |
| bNII < ₹10L | 10,62,400 (25.78%) | |
| sNII < ₹10L | 6,34,400 (15.4%) | |
| Individual Shares Offered | 19,03,200 (46.19%) | |
| Total Shares Offered | 41,20,800 (100%) |
Icodex Publishing Solutions IPO Details
Icodex Publishing Solutions Limited IPO is an SME IPO, priced at ₹98-102 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 41,20,800 equity shares, aggregating up to ₹42.03 crores..
The IPO bidding window is open from Aug 11, 2025 to Aug 13, 2025. The allotment is expected to be finalized on Aug 14, 2025, and the tentative listing date is Aug 19, 2025.
The minimum lot size for Individual investors is 2400 shares, with a minimum investment of ₹2,44,800. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,67,200.
Indcap Advisors Pvt. Ltd is acting as the lead manager to the issue. The registrar of the IPO is Cameo Corporate Services Limited, and
Icodex Publishing Solutions IPO Subscription Analysis And Details
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 1,08,000 / 19,03,200 | 19,03,200 | 39,14,400 |
Day 1 11-08-25 06:00 PM | 1.00 / 0.45 x | 0.33 x | 0.41 x |
Day 2 12-08-25 06:00 PM | 1.00 / 0.64 x | 1.13 x | 0.89 x |
Day 3 13-08-25 06:00 PM | 33.08 / 1.58 x | 4.67 x | 3.95 x |
Icodex Publishing Solutions Valuations
Icodex Publishing Solutions Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 24.75 | 10.67 | 5.85 |
| Revenue | 22.08 | 10.99 | 9.72 |
| Profit After Tax | 8.96 | 4.40 | 1.81 |
| Net Worth | 19.05 | 8.59 | 4.19 |
| Reserves & Surplus | 6.81 | 8.59 | 4.79 |
| Total Borrowing | 2.99 | 0.88 | 0.02 |
About Icodex Publishing Solutions Company
Established in 2018, Icodex Publishing Solutions Limited is a Software Product Development company for Scholarly Publishing.
The company designs software products that aid in publishing scholarly articles and research papers, catering to the process from manuscript preparation through print and electronic content dissemination.
The company provides Business Process Management services such as back-end support, editorial services, and quality assurance to aid global publishing customers through the publishing process.
The firm provides Business Process Management services such as quality checks, editorial assistance, and IT services such as hardware installation and back-end support, helping international publishing clients through the way.
The company employed 116 people as of January 31, 2025.
Icodex Publishing Solutions - Promoter(s)
Kamalakkannan Govindaraj
Chetan Shankaralal Soni
Pre Issue Share Holding : %
Post Issue Share Holding : %
Icodex Publishing Solutions IPO - Issue Objectives
Purchase of new office premises
Purchase of hardware for new office
Working capital requirement
General Corporate Purpose
Contact Details
Icodex Publishing Solutions
102, First Floor, Suman Business Park, Kalyani Nagar,Viman Nagar, Pune, Maharashtra, 411014
+91 8856907928
Registrar Contact Details
Icodex Publishing Solutions IPO - FAQs
Ans. Icodex Publishing Solutions Limited IPO is a SME IPO. The issue is priced at ₹98-102 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 11, 2025, and closes on Aug 13, 2025. Cameo Corporate Services Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Icodex Publishing Solutions Limited IPO opens on Aug 11, 2025 and closes on Aug 13, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Icodex Publishing Solutions Limited IPO is 41,20,800 shares(aggregating up to ₹42.03 Cr).
Ans. The Icodex Publishing Solutions Limited IPO price band is set between ₹98-102 per equity share.
Ans. To apply for Icodex Publishing Solutions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Icodex Publishing Solutions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Icodex Publishing Solutions Limited IPO is Aug 14, 2025.
Ans. The Icodex Publishing Solutions Limited IPO will be listed on Aug 19, 2025.
Ans. Follow the steps to check the Icodex Publishing Solutions Limited IPO allotment status online.