Identixweb IPO is scheduled to open for subscription on March 26, 2025, and will close on March 28, 2025. The company aims to raise ₹16.63 crores through a fresh issue of 30.80 lakh shares in this Book Built Issue. The IPO price band is set between ₹51 to ₹54 per share, with a minimum lot size of 2,000 shares, requiring an investment of ₹1,02,000 for retail investors.
The allotment is expected to be finalized on April 1, 2025, and the IPO is set to list on the BSE SME platform on April 3, 2025. Investors are advised to bid at the cutoff price to avoid oversubscription, which would require an investment of ₹1,08,000. The minimum lot size investment for HNIs is 2 lots (4,000 shares), amounting to ₹2,16,000.
Financially, Identixweb has shown strong growth, with its assets increasing to ₹11.96 crores in 2024 from ₹6.13 crores in 2023. Revenue grew to ₹6.66 crores in 2024 from ₹6.27 crores in the previous year, while net profit surged to ₹2.77 crores from ₹1.35 crores in the same period. The company’s net worth stands at ₹10.3 crores, with reserves and surplus at ₹2.93 crores and total borrowings at ₹0.11 crores. With its improving financial performance and growing presence in the market, the IPO presents an attractive opportunity for investors.
Overview of Contents
About Identixweb IPO
Identixweb Limited, established in 2017, specializes in Shopify app development, web applications, and custom software solutions. With a team of over 60 professionals, the company has developed multiple Shopify apps, web tools, and WordPress plugins, serving industries like e-commerce, fashion, fintech, and SaaS.
Key products include Stellar Delivery Date & Pickup for order management, iCart Cart Drawer for upselling, and TablePress for dynamic data tables. The company leverages technologies like PHP, React.js, and Node.js to build responsive and scalable solutions.
Identixweb’s competitive strengths lie in its skilled team, client-focused approach, and innovative product development, making it a key player in the e-commerce and SaaS space.
Identixweb IPO Prospectus
| DRHP | Click here |
| RHP | Click here |
Identixweb IPO Overview
| Particulars | Details |
|---|---|
| IPO Opening Date | March 26, 2025 |
| IPO Closing Date | March 28, 2025 |
| Listing Platform | BSE SME |
| Face Value | ₹10 per share |
| Price Band | ₹51 - ₹54 per share |
| Minimum Lot Size | 2,000 shares |
| Total Issue Size | 30,80,000 shares (₹16.63 Cr) |
| Fresh Issue | 30,80,000 shares (₹16.63 Cr) |
| Issue Type | Book Built Issue |
| Pre-Issue Shareholding | 73,61,550 shares |
| Post-Issue Shareholding | 1,04,41,550 shares |
| Market Maker Quota | 1,54,000 shares |
| Qualified Institutional Buyers (QIBs) | Up to 50% of Net Issue |
| Retail Investor Quota | Minimum 35% of Net Issue |
| High Net-Worth Individuals (HNIs/NII) | Minimum 15% of Net Issue |
Identixweb IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹1,08,000 |
| Retail (Max) | 1 | 2000 | ₹1,08,000 |
| HNI (Min) | 2 | 4,000 | ₹2,16,000 |
Identixweb IPO Dates
| Event | Date |
|---|---|
| Subscription Opening | 26th March 2025 (Wednesday) |
| Subscription Closing | 28th March 2025 (Friday) |
| Expected Allotment Finalization | 1st April 2025 (Tuesday) |
| Refund Process Initiation | 2nd April 2025 (Wednesday) |
| Demat Share Credit | 2nd April 2025 (Wednesday) |
| Probable Listing Date | 3rd April 2025 (Thursday) |
| UPI Mandate Confirmation Deadline | 28th March 2025, 17:00 IST (Friday) |
Dentixweb IPO Promoter Holding
Identixweb Limited is backed by key promoters, including Mr. Priyankkumar Jivarajbhai Savani, Mr. Ankur Jagdishbhai Lakhani, and Mrs. Hiral Ankurbhai Lakhani. Their ownership stake in the company is as follows:
| Category | Shareholding (%) |
|---|---|
| Before IPO | 89.34% |
| After IPO | [Updated Percentage] |
Peer Group Comparison
| Company | EPS (₹) | NAV per Share (₹) | P/E Ratio | RoNW (%) | P/BV Ratio | Financial Type |
|---|---|---|---|---|---|---|
| Identixweb Ltd. | 3.86 | 14.08 | [To be updated] | 27.39 | 3.86 | Standalone |
| Kody Technolab Ltd. | 7.67 | 58.22 | 505.83 | 13.17 | 66.88 | Standalone |
Objects of the Issue
- 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 IPO Financial Performance
| Financial Metrics | FY 2023-24 | FY 2022-23 |
|---|---|---|
| Total Revenue | 6.66 | 6.27 |
| Net Profit | 2.77 | 1.35 |
| Total Assets | 11.96 | 6.13 |
| Equity Capital | 10.3 | 4.67 |
| Reserves & Surplus | 2.93 | 4.59 |
| Debt Liabilities | 0.11 | 0.50 |
Identixweb IPO Valuation
| Metric | Value |
|---|---|
| Return on Capital Employed (ROCE) | 57.25% |
| Return on Equity (ROE) | 37.70% |
| Return on Net Worth (RoNW) | 27.39% |
| Profit After Tax (PAT) Margin | 44.86% |
| Price-to-Book (P/B) Ratio | 3.84 |
| Earnings Per Share (EPS) - Pre IPO | 3.76 |
| Earnings Per Share (EPS) - Post IPO | 2.65 |
| Price-to-Earnings (P/E) Ratio - Pre IPO | 14.36 |
| Price-to-Earnings (P/E) Ratio - Post IPO | 20.37 |
Identixweb IPO Review
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Identixweb IPO FAQs
📞 Identixweb Limited – Contact Details
🏢 Company Address:
📍 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: [email protected]
🌐 Website: www.identixweb.com
📜 Identixweb IPO Registrar
🏢 Registrar: Skyline Financial Services Private Ltd
📞 Phone: 022-28511022
📧 Email: [email protected]
🌐 Website: https://www.skylinerta.com/ipo.php
Identixweb IPO FAQs
When will the Identixweb IPO open and close?
The IPO will open for subscription on March 26, 2025, and close on March 28, 2025.
What is the price band of the Identixweb IPO?
The IPO price band is set between ₹51 to ₹54 per share.
What is the minimum investment required for retail investors?
Retail investors need to buy at least one lot of 2,000 shares, requiring a minimum investment of ₹1,08,000 at the upper price band.
When will the allotment be finalized and when is the listing date?
The allotment is expected to be finalized on April 1, 2025, with shares likely to be listed on the BSE SME platform on April 3, 2025.
Who are the promoters of Identixweb Limited?
The promoters of the company are Mr. Priyankkumar Jivarajbhai Savani, Mr. Ankur Jagdishbhai Lakhani, and Mrs. Hiral Ankurbhai Lakhani.