Identixweb Limited (BSE SME)

Mar 26, 2025 - Mar 28, 2025

Price ₹51 - ₹54
Premium ₹8
Lot size 2000
Allotment Apr 1, 2025
Listing Apr 3, 2025

Category Lot(s) Qty Amount Reserved
Retail 1 2000 108000 513
HNI 2 4000 216000 220

Last updated on 28-Mar-2025 19:01:02

CategoryOfferedAppliedTimes
QIBs584000653600011.19
HNIs4400003232200073.46
Retail10260001475600014.38
Total20500005376800026.23
Total Applications: 9863
QIB Interest Cost Per Share (7 Days)
@7%
₹0.8
@8%
₹0.9
@9%
₹1
@10%
₹1.2
@11%
₹1.3
@12%
₹1.4
HNI Interest Cost Per Share (7 Days)
@7%
₹5.3
@8%
₹6.1
@9%
₹6.8
@10%
₹7.6
@11%
₹8.4
@12%
₹9.1
About

IPO Reservation

Investor CategoryShares Offered No. of Shares
Retail33.31%1026000
HNI14.29%440000
Anchor28.44%876000
QIB18.96%584000
Market Maker5.00%154000
Total100.00%3080000

Identixweb IPO Details

Issue Size30,80,000 shares
(aggregating up to ₹16.63 Cr)
Fresh Issue30,80,000 shares
(aggregating up to ₹16.63 Cr)
Issue TypeBook Built Issue IPO
Listing AtBSE SME
Share Holding Pre Issue73,61,550 shares
Share Holding Post Issue1,04,41,550 shares
Market Maker Portion1,54,000 shares
Market MakerSpread X Securities

Key Performance Indicator (KPI)

KPISep-24Mar-24Mar-23
ROE17.42%37.70%49.66%
ROCE31.09%57.25%62.56%
RONW16.02%27.39%29.32%
EPS(basic)2.693.862.2
P/E Pre IPO14.36
P/E Post IPO14.07

Company Financials In Crores

Period EndedSep-24Mar-24Mar-23
Assets14.612.06.1
Revenue4.86.76.3
Profit After Tax2.02.81.4
Net Worth12.310.34.7
Reserves and Surplus4.92.94.6
Total Borrowing0.10.10.5

About Company

Identixweb Limited, incorporated in 2017, is a technology company specializing in Shopify app development and custom web solutions. With a team of over 64 professionals as of February 28, 2025, the company has developed more than 35 public Shopify apps and completed over 100 projects across industries such as e-commerce, fashion, fintech, and SaaS. Identixweb offers services including Shopify app development, web app development using PHP and React, WordPress plugin development, and Node.js solutions for fast, responsive applications. Its product portfolio includes Stellar Delivery Date & Pickup for order delivery management, iCart Cart Drawer Cart Upsell to boost average order value for Shopify merchants, TablePress - Data Tables for embedding tables into websites, and a powerful WooCommerce upsell plugin for increasing online sales. With a focus on innovation and efficiency, Identixweb continues to create dynamic web experiences that enhance business operations and customer engagement.

Lead Manager(s)

Skyline Financial Services Private Ltd
Phone02228511022
Emailipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php

Strength

Skilled Professional Team & Strong Leadership – With a team of 64+ experts and experienced leadership, Identixweb delivers high-quality, innovative web solutions.

Tailored Solutions – The company specializes in customized Shopify apps, web applications, and plugins designed to meet unique business needs.

Comprehensive Development Services – Offering expertise in Shopify, PHP, React, Node.js, and WordPress, Identixweb provides end-to-end development solutions for various industries.

Weakness

Revenue Dependence on Shopify Inc. – A significant portion of revenue comes from a single customer, Shopify Inc., making the company vulnerable to any adverse changes in this partnership.

Legal Proceedings & Liabilities – Ongoing legal proceedings involving promoters and directors could lead to liabilities or penalties, impacting business operations and financial stability.

Growth Sustainability Risks – Failure to maintain growth could negatively affect the company’s financial health and overall business performance.

Registrar
Beeline Capital Advisors Pvt Ltd