Identixweb IPO
GMP, Subscription, Price, Dates & Financial Details
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…
Open Date
Wed, 26 Mar 2025
Close Date
Fri, 28 Mar 2025
Price Band
₹ 51 – 54
Lot Size
2000
Issue Size
₹ 16.63 Cr
Minimum Investment
₹ 216,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Identixweb IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹16.63 Crore, comprising a fresh issue of 30.80 Lakh equity shares aggregating to ₹16.63 Crore.
The Identixweb IPO remained open for subscription from March 26, 2025, to March 28, 2025. The basis of allotment was finalized on April 01, 2025, and the company's shares were listed on BSE SME Platform on April 03, 2025.
The company had fixed the price band at ₹51 to ₹54 per share, with a lot size of 2000 shares. Retail investors were required to make a minimum investment of ₹216,000 (based on the upper price band) to apply for one lot.
Skyline Financial Services Private Ltd served as the registrar to the issue. Beeline Capital Advisors Pvt Ltd acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Identixweb Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Identixweb IPO Timeline (Tentative)
- IPO Open Date
- Wed, 26 Mar 25
- IPO Close Date
- Fri, 28 Mar 25
- Basis of Allotment
- Tue, 01 Apr 25
- Initiation of Refunds
- Wed, 02 Apr 25
- Credit of Shares to Demat
- Wed, 02 Apr 25
- Listing Date
- Thu, 03 Apr 25 — NSE & BSE
Open Date
26 March 2025
Close Date
28 March 2025
Basis Of Allotment
01 April 2025
Listing Date
03 April 2025
IPO Subscription
Check Live Subscription →The Identixweb IPO has received bids for 5,37,72,000 shares against 20,50,000 shares offered, resulting in an overall subscription of 26.23x. the NII category is subscribed 73.82x, Retail Investors 14.38x, and QIBs 11.19x.
QIB
11.19x
NII
73.82x
RII
14.38x
Total
26.23x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 10,26,000 shares, representing 33.31% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 5,84,000 shares (18.96%), while Non-Institutional Investors (NIIs) receive 4,40,000 shares (14.29%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Anchor Investors | 876,000 | 28.44% |
| Market Maker | 154,000 | 5% |
| Qualified Institutions | 584,000 | 18.96% |
| Non-Institutional | 440,000 | 14.29% |
| Retail Investors | 1,026,000 | 33.31% |
| Total | 3,080,000 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Identixweb Limited KPI Information
| Particular | KPI as of Mar 31, 2024. |
|---|---|
| ROE % | 37.7 |
| ROCE % | 57.25 |
| RoNW % | 27.39 |
| Pat Margin % | 44.86 |
Peers Comparison
No Peer Comparision Available
About Identixweb Limited
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.
Identixweb IPO 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%
Identixweb IPO Objective
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
Identixweb Limited Address / 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,
Phone: +91 9510888111
Email: compliance@identixweb.com
Website: http://www.identixweb.com/
IPO Snapshot
Identixweb IPO Lot Size
The Identixweb IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹1,08,000 by applying for 1 lot (2,000 shares). The maximum application allowed for the retail category is 1 lots (2,000 shares), requiring an investment of ₹1,08,000.
| 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 |
Issue Reservation
- Anchor Investors — 28.44%
- Market Maker — 5%
- QIB — 18.96%
- NII — 14.29%
- RII — 33.31%
Book Running Lead Managers
- Beeline Capital Advisors Pvt Ltd
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Identixweb IPO?
Identixweb IPO is a Book-building IPO with a total issue size of ₹16.63 crore. The Identixweb IPO price band is ₹51 to 54 per share. The Identixweb IPO subscription opens on Wed, Mar 26, 2025, and closes on Fri, Mar 28, 2025. The Identixweb IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the Identixweb IPO.
When will the Identixweb IPO open for subscription?
The Identixweb IPO opens on Wed, Mar 26, 2025 and closes on Fri, Mar 28, 2025
What is Identixweb IPO Price Band?
Identixweb IPO Price Band is ₹51 to 54 per share.
What is Identixweb IPO Lot Size?
Identixweb IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹216000 based on the upper price band
What is the minimum investment for Identixweb IPO?
The minimum investment for Identixweb IPO is ₹216000, based on one lot of 2000 shares at the upper price band of ₹54 per share.
How to apply for Identixweb IPO?
Investors can apply for the Identixweb IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Fri, Mar 28, 2025. The application amount remains blocked until the Identixweb IPO allotment is finalized.
What is Identixweb IPO Issue Size?
Identixweb IPO issue size is ₹16.63 crores.
What is the Identixweb IPO Allotment Date?
Identixweb IPO allotment date is Tue, Apr 1, 2025.
Who is the Identixweb IPO Registrar?
The registrar for Identixweb IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check Identixweb IPO allotment status, refund processing, and other IPO-related information.
What is the Identixweb IPO GMP?
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 7.41% over the issue price.
Who is the Identixweb IPO Lead Manager?
The book-running lead managers (BRLMs) for the Identixweb IPO are Beeline Capital Advisors Pvt Ltd. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Identixweb IPO Red Herring Prospectus (RHP).