Icodex Publishing Solutions Limited IPO

BSE SME

Offer Date: Aug 11, 2025 - Aug 13, 2025

₹ 122400 /1200 Shares

Icodex Publishing Solutions IPO Details

11 Aug, 2025

Open Date

13 Aug, 2025

Close Date

14 Aug, 2025

Allotment Date

19 Aug, 2025

Listing Date

Issue Price

₹98-102 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE SME

Registrar

Cameo Corporate Services Limited

Market Lot

Individual(Retail)(Min) : 2400 Shares (₹244,800/-)
Individual(Retail)(Max) : 2400 Shares (₹244,800/-)
HNI(Min) : 3600 Shares (₹367,200/-)

Lead Manager

Indcap Advisors Pvt. Ltd

Issue Size

41,20,800 shares(aggregating up to ₹42.03 Cr)

Retail Portion

35%

Subscription

N/A times

IPO Docs

DRHP RHP

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 retail investors is 1600 shares, with a minimum investment of ₹1,36,000. For HNIs, the minimum application size is 3 lots , amounting to ₹ 2,72,000.

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 Valuations

EPS Pre IPO

₹7.32/-

EPS Post IPO

₹5.73/-

P/E Pre IPO

13.94

P/E Post IPO

17.81

ROE

47.51%

ROCE

110.07%

Debt/Equity

0.16

RoNW

47.02%

PAT Margin

40.56%

Price to Book Value

14.25

Icodex Publishing Solutions Company Financials All values are in ₹ Cr.

	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 The 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)

Pre Issue Share Holding: %

Post Issue Share Holding: %

Company Promoter(s)

Kamalakkannan Govindaraj
Chetan Shankaralal Soni

Icodex Publishing Solutions IPO - Issue Objectives

Purchase of new office premises
Purchase of hardware for new office
Working capital requirement
General Corporate Purpose

Other Details

Company Contact Details

Icodex Publishing Solutions

102, First Floor, Suman Business Park, Kalyani Nagar,Viman Nagar, Pune, Maharashtra, 411014

Phone: +91 8856907928

Email: cs@icodexsolutions.com

Website: https://icodexsolutions.com/

Registrar Contact Details

Cameo Corporate Services Limited

Phone: +91-44-28460390

Email: ipo@cameoindia.com

Website: https://ipo.cameoindia.com/

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. The size of Icodex Publishing Solutions Limited IPO is 41,20,800 shares(aggregating up to ₹42.03 Cr).

Ans. The IPO price band is set between ₹98-102 per equity share.

Ans. To apply for Icodex Publishing Solutions Limited IPO 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 allotment status for Icodex Publishing Solutions Limited IPO here.