Identixweb Limited IPO
BSE SMEListed On: Apr 3, 2025 at ₹ 55.0
₹ 216000 /4000 Shares
*Min Investment
26 Mar, 2025
Open Date28 Mar, 2025
Close Date01 Apr, 2025
Allotment Date03 Apr, 2025
Listing DateIdentixweb Limited IPO Issue Details
- Issue Price ₹51-54 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 30,80,000 shares(aggregating up to ₹16.62 crore)
- Fresh Share 30,80,000 shares(aggregating up to ₹16.62 crore)
- Listing at BSE SME
- List Price 55.0
- Listing Date 2025-04-03
- Lead Manager Beeline Capital Advisors Pvt Ltd
- Registrar Skyline Financial Services Private Ltd
Market 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 |
| NII (min) | 2 | 4,000 | ₹2,16,000 |
Identixweb Limited IPO Reservation
Identixweb Limited 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, NA (NA%) allocated to employees and 8,76,000 (28.44%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| 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 Limited IPO Details
Identixweb Limited IPO is an SME IPO, priced at ₹51-54 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 30,80,000 equity shares, aggregating up to ₹16.62 crores..
The IPO bidding window is open from Mar 26, 2025 to Mar 28, 2025. The allotment is expected to be finalized on Apr 1, 2025, and the tentative listing date is Apr 3, 2025.
The minimum lot size for Retail investors is 2000 shares, with a minimum investment of ₹1,08,000. For HNIs, the minimum application size is 2 lots , amounting to ₹ 2,16,000.
Beeline Capital Advisors Pvt Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Private Ltd, and Spread X Securities Private Limited will act as the market maker for this issue.
Identixweb Limited IPO Subscription Analysis And 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 Valuations
Identixweb Limited Company Financials
| 30-Sep-24 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 14.57 | 11.96 | 6.13 |
| Revenue | 4.79 | 6.66 | 6.27 |
| Profit After Tax | 2.00 | 2.77 | 1.35 |
| Net Worth | 12.3 | 10.3 | 4.67 |
| Reserves & Surplus | 4.94 | 2.93 | 4.59 |
| Total Borrowing | 0.11 | 0.11 | 0.5 |
About Identixweb Limited 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 - Promoter(s)
Mr. Priyankkumar Jivarajbhai Savani
Mr. Ankur Jagdishbhai Lakhani
Mrs. Hiral Ankurbhai Lakhani
Pre Issue Share Holding : 89.34%
Post Issue Share Holding : 63.02%
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 IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Identixweb Limited | 3.86 | N/A | 14.08 | N/A | 27.39 | 3.86 | Standalone |
| Kody Technolab Limited | 3.84 | N/A | 58.22 | 233.88 | 13.17 | 15.48 | Standalone |
Notes:
- P/E Ratio has been computed based on the closing market price of equity shares on the NSE on July 09, 2024 divided by the Diluted EPS.
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,
+91 9510888111
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
Identixweb Limited IPO - FAQs
Ans. Identixweb Limited IPO is a SME IPO. The issue is priced at ₹51-54 per equity share. The minimum order quantity is 2000 Shares. The IPO opens on Mar 26, 2025, and closes on Mar 28, 2025. Skyline Financial Services Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The Identixweb Limited IPO opens on Mar 26, 2025 and closes on Mar 28, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Identixweb Limited IPO is 30,80,000 shares(aggregating up to ₹16.63 Cr).
Ans. The Identixweb Limited IPO price band is set between ₹51-54 per equity share.
Ans. To apply for Identixweb Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Identixweb 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 Identixweb Limited IPO is Apr 1, 2025.
Ans. The Identixweb Limited IPO will be listed on Apr 3, 2025.
Ans. Follow the steps to check the Identixweb Limited IPO allotment status online.
