Identixweb Limited's SME IPO: Objectives and Key Details IPO Details
| Detail | Description |
|---|---|
| IPO Date | March 26, 2025 to March 28, 2025 |
| Listing Date | April 3, 2025 |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 51 to ₹ 54 per share |
| Lot Size | 2,000 Shares |
| Total Issue Size | 30,80,000 shares (aggregating up to ₹ 16.63 Cr) |
| Fresh Issue | 30,80,000 shares (aggregating up to ₹ 16.63 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 73,61,550 shares |
| Share Holding Post Issue | 1,04,41,550 shares |
About Identixweb Limited's SME IPO: Objectives and Key Details
Founded in 2017, Identixweb is an IT company focused in creating Shopify apps. It provides digital products with SaaS based foundation. The company offers bespoke software solutions, UI/UX design, online and mobile app development, e-commerce shop development, and ongoing support. Speciality of Identixweb are conversion-optimized Shopify applications enhancing operational efficiency, retail performance, and customer interaction. The company offers clients in many different worldwide sectors more than ten custom Shopify apps. Two Identixweb subsidiaries are Munim ERP Private Limited and Identixweb LLC. Munim ERP develops accounting and ERP systems especially for business process management and GST compliance out of Surat, India.
Now starting their Initial Public Offering (IPO) on March 26, 2025, Identixweb is With 3,080,000 new equity shares issued and a price range set between 51 and 54 per share, this SMEs IPO seeks to raise almost 17 crore.
Identixweb IPO Anchor Investors Details
| Bid Date | March 25, 2025 |
| Shares Offered | 8,76,000 |
| Anchor Portion Size (In Cr.) | 4.73 |
| Anchor lock-in period end date for 50% shares (30 Days) | May 1, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | June 30, 2025 |
IPO Objectives
The net proceeds from the IPO are earmarked for several strategic initiatives:
- Marketing Investments: Allocate funds to bolster marketing efforts, supporting the company's growth plans both within India and internationally.
- Market Research and Product Development: Invest in market research and product development by hiring talented professionals to enhance the company's offerings.
- Subsidiary Product Development: Channel funds into the company's subsidiary for product development through talent acquisition, aiming to expand and refine their product suite.
- General Corporate Purposes: Utilize a portion of the proceeds for general corporate needs to ensure smooth operational functioning and financial stability
Conclusion
The IPO of Identixweb Limited offers investors a chance to be part of the expansion of a business committed to offer creative SaaS solutions. The money obtained is carefully distributed to support general corporate objectives, improve marketing initiatives, and invest in product development, so positioning the business for continuous expansion in the competitive IT scene.
Identixweb Limited's SME IPO: Objectives and Key Details Financial Information
Latest Revenue
₹ 4.79 Cr
Profit After Tax
₹ 2 Cr
Net Worth
₹ 12.3 Cr
Total Borrowing
₹ 0.11 Cr
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|---|
| 30 Sep 2024 | 14.57 | 4.79 | 2 | 12.3 | 0.11 |
| 31 Mar 2024 | 11.96 | 6.66 | 2.77 | 10.29 | 0.11 |
| 31 Mar 2023 | 6.13 | 6.27 | 1.35 | 4.67 | 0.46 |
| Amount in ₹ Crore | |||||
Identixweb Limited's SME IPO: Objectives and Key Details Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 37.70% |
| ROCE | 57.25% |
| RoNW | 27.39% |
| PAT Margin | 44.86 |
| Price to Book Value | 3.84 |
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Competitive Strengths
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Identixweb Limited's SME IPO: Objectives and Key Details IPO Timeline
| IPO Open Date | Wed, Mar 26, 2025 |
| IPO Close Date | Fri, Mar 28, 2025 |
| Tentative Allotment | Tue, Apr 1, 2025 |
| Initiation of Refunds | Wed, Apr 2, 2025 |
| Credit of Shares to Demat | Wed, Apr 2, 2025 |
| Tentative Listing Date | Thu, Apr 3, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 28, 2025 |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| — | — | — |