Identixweb IPO
Open SmeCurrent GMP
₹4 (+7.41%)
Price Band
₹ 51 – 54
Lot Size
2000
Issue Size
₹16.63 Cr
Minimum Investment
₹216000 (4000 Shares)
Listing Date
03 April 2025
Subscription
26.23x
About the Company
Identixweb Limited, originally incorporated as Goyani Infra Private Limited in 2017, underwent several name and structure changes over the years. It became Identixweb Private Limited in 2019, and in December 2023, it was converted into a public limited company, thus adopting the name "Identixweb Limited."
The company specializes in providing Software-as-a-Service (SAAS) digital product solutions, focusing on Shopify application development. Identixweb offers services such as e-commerce store development, web app development, UI/UX design, website development, custom software development, and ongoing support and maintenance. The company is known for creating conversion-optimized Shopify applications designed to enhance store functionality and performance.
Identixweb's products and services are offered worldwide across various sectors. The company has extensive expertise in Shopify platform development, driven by its promoters with over 13 years of experience in this field. The company also boasts a skilled management team that plays a key role in its growth.
The company owns two subsidiaries: Munim ERP Private Limited, based in Surat, India, which focuses on accounting and GST compliance software, and Identixweb LLC in the U.S. (Delaware), for which equity subscription is in process.
Identixweb's services include:
- Shopify Application Development: Custom and public apps designed to improve store management, customer engagement, and sales optimization.
- Node.js Development: Creation of fast, efficient servers for handling multiple tasks simultaneously.
- PHP Development: Website and web app development using the PHP programming language.
- Web Application Development: Interactive websites and applications designed for diverse devices.
- React.js Development: Building dynamic, responsive user interfaces for web applications using React.js.
Identixweb's commitment to delivering innovative and efficient digital solutions has earned it a strong reputation in the e-commerce and tech industries.
Promoters
- Mr. Priyankkumar Jivarajbhai Savani
- Mr. Ankur Jagdishbhai Lakhani
- Mrs. Hiral Ankurbhai Lakhani
Promoters Holding
Holding Pre Issue
89.34%
Holding Post Issue
63.02%
Objects of the Issue
The Object of the Issue will be utilized towards the following objects:
- 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 our Subsidiary i.e., Munim ERP Private Limited for Product Development through Talent Hiring
- General Corporate Purposes
Address / Contact Info
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/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Wednesday, 26 March 2025
IPO Close Date
Friday, 28 March 2025
Basis of Allotment
Tuesday, 01 April 2025
Initiation of Refunds
Wednesday, 02 April 2025
Credit of Shares to Demat
Wednesday, 02 April 2025
Listing Date
Thursday, 03 April 2025 — NSE & BSE
Important Dates
Open Date
26 March 2025
Close Date
28 March 2025
Basis Of Allotment
01 April 2025
Listing Date
03 April 2025
Financial Performance (₹ in Crores)
| Particular | 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 |
| Reserve & Surplus | 4.94 | 2.93 | 4.59 |
| Total Borrowings | 0.11 | 0.11 | 0.46 |
EPS Pre
3.76%
EPS Post
3.84%
P/E Pre
14.36
P/E (Post Issue)
14.07x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 37.7 |
| ROCE % | 57.25 |
| Debt / Equity | 0 |
| RoNW % | 27.39 |
| PbW | 0 |
| Pat Margin % | 44.86 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Anchor Investors | 876000 | 28.44 | 0 |
| Market Maker | 154000 | 5 | 0 |
| Qualified Institutions | 584000 | 18.96 | 0 |
| Non-Institutional | 440000 | 14.29 | 0 |
| Retail Investors | 1026000 | 33.31 | 0 |
| Total | 3080000 | 100 | 0 |
Subscription Status ( Fri, 28 Mar 25 01:05 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 584000 | 6536000 | 11.19x |
| Non-Institutional | 440000 | 32480000 | 73.82x |
| Retail Investors | 1026000 | 14756000 | 14.38x |
| Total | 2050000 | 53772000 | 26.23x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
No Peer Comparision Available
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | 108,000.00 |
| Retail (Max) | 1 | 2,000 | 108,000.00 |
| S-HNI (Min) | 2 | 4,000 | 216,000.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Identixweb IPO is a Book-building IPO worth ₹16.63 crores. The price band is ₹51 to 54 per share. The IPO opens on Wed, Mar 26, 2025 and closes on Fri, Mar 28, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The Identixweb IPO opens on Wed, Mar 26, 2025 and closes on Fri, Mar 28, 2025
Identixweb IPO Price Band is ₹51 to 54.
Identixweb IPO lot size is 2000, and the minimum amount required for application is ₹216000.
The minimum investment for Identixweb IPO is approximately ₹216000 based on the upper price band.
To apply for the Identixweb IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Fri, Mar 28, 2025. After submission, funds are blocked until the basis of allotment of Identixweb IPO is finalised.
Identixweb IPO issue size is ₹16.63 crores.
Identixweb IPO allotment date is Sat, Jun 27, 2026.
The registrar for Identixweb IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to Identixweb IPO through their official website or helpline.
The Identixweb IPO GMP (Grey Market Premium) is ₹4 as of Thu, Apr 3, 2025. Based on the upper price band of ₹54 per share, the estimated Identixweb IPO listing price is ₹58, indicating a potential listing gain of approximately 31% over the issue price.