Founded in 2017, Identixweb Limited is a leading IT company specializing in Software-as-a-Service (SaaS)-based digital solutions. The company offers a wide range of services, including E-Commerce Store Development, Web & App Development, UI/UX Design, Custom Software Development, and Shopify Application Development.
Identixweb’s core mission is to simplify software management by delivering cloud-based applications that eliminate the need for installation and maintenance. To cater to diverse business needs, the company has developed over 10 conversion-optimized Shopify apps and currently maintains 35+ public Shopify apps. With a team of 50+ professionals, Identixweb has successfully executed 100+ projects and employs 60 staff members as of March 31, 2024.
The Identixweb IPO will open for subscription on March 26, 2025, and close on March 28, 2025. The price band has been set at ₹51 to ₹54 per share. The allocation breakdown is 35% for retail investors, 50% for QIBs (Qualified Institutional Buyers), and 15% for HNIs (High Net-worth Individuals). The shares are scheduled to list on the BSE (Bombay Stock Exchange) on April 3, 2025.
The allotment finalization is expected to take place on April 1, 2025. In terms of financial performance, the company recorded a revenue of ₹6.66 crores in 2024, up from ₹6.27 crores in 2023. Additionally, its profit rose to ₹2.77 crores in 2024, compared to ₹1.35 crores in the previous year.
Identixweb IPO Details
| IPO Open Date: | March 26, 2025 |
| IPO Close Date: | March 28, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹51 to ₹54 Per Share |
| Issue Size: | Approx ₹16.63 Crores |
| Fresh Issue: | Approx ₹16.63 Crores |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Identixweb IPO Timeline
| IPO Open Date: | March 26, 2025 |
| IPO Close Date: | March 28, 2025 |
| Basis of Allotment: | April 1, 2025 |
| Refunds: | April 2, 2025 |
| Credit to Demat Account: | April 2, 2025 |
| IPO Listing Date: | April 3, 2025 |
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 Limited: A Detailed Look at Its Financial Performance
| Period Ended | 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 |
| Reserves and Surplus | 4.94 | 2.93 | 4.59 |
| Total Borrowing | 0.11 | 0.11 | 0.46 |
