Identixweb IPO is a book-built issue amounting to ₹16.63 crores, consisting entirely of a fresh issue of 30.80 lakh shares. The IPO will be open for subscription from March 26, 2025, to March 28, 2025, with allotment expected to be finalized on April 1, 2025. The shares are set to be listed on the BSE SME exchange on a tentative date of April 3, 2025.
The IPO has a price band of ₹51 to ₹54 per share, with a minimum lot size of 2,000 shares. Retail investors must invest a minimum of ₹1,02,000, but it is recommended to bid at the cutoff price (₹54 per share), requiring ₹1,08,000, to avoid oversubscription risks. High Net-worth Individuals (HNIs) must apply for at least 2 lots (4,000 shares), amounting to ₹2,16,000.
The IPO is managed by Beeline Capital Advisors Pvt Ltd as the book-running lead manager, Skyline Financial Services Private Ltd as the registrar, and Spread X Securities Private Limited as the market maker.
Identixweb IPO Details
| IPO Date | March 26, 2025 to March 28, 2025 |
| Listing Date | [.] |
| 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 |
| Market Maker Portion | 1,54,000 shares Spread X Securities Private Limited |
Identixweb IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Identixweb IPO Timeline (Tentative Schedule)
Identixweb IPO opens on March 26, 2025, and closes on March 28, 2025.
| 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, 2 |
About Identixweb Limited
Incorporated in 2017, Identixweb Limited is a technology company specializing in Shopify app development and custom web solutions. The company provides services such as Shopify application development, web app development using PHP and React, and WordPress plugin development. With a team of over 50 professionals, Identixweb has developed more than 35 public Shopify apps and completed over 100 projects, serving industries like e-commerce, fashion, fintech, and SaaS. Its expertise spans Shopify app development for store enhancement, Node.js for efficient server solutions, PHP for dynamic and interactive web experiences, and user-friendly web application development for shopping, email, and social networking across multiple devices.
Frequently Asked Questions (FAQ)
What does Identixweb Limited do?
Identixweb Limited is a technology company specializing in Shopify app development, custom web solutions, and WordPress plugin development. It offers a range of services including PHP, React, and Node.js-based web application development
When was Identixweb Limited incorporated?
The company was incorporated in 2017.
What industries does Identixweb Limited serve?
Identixweb Limited caters to industries such as e-commerce, fashion, fintech, and SaaS.
How many projects has Identixweb Limited completed?
The company has successfully developed over 35 public Shopify apps and completed more than 100 projects.
Does Identixweb Limited have in-house developers?
Yes, Identixweb has a team of over 50 professionals specializing in various web technologies and development platforms.
What makes Identixweb Limited unique?
The shares will be listed on the NSE SME The company’s expertise in Shopify app development, combined with its focus on web technologies like PHP, React, and Node.js, sets it apart. It also provides custom solutions tailored to business needs and has a strong track record of working with diverse industries.(National Stock Exchange – SME Platform)
Where is Identixweb Limited based?
Identixweb Limited is headquartered in India and serves clients globally.
