Icodex Publishing Solutions IPO subscribed over 3.95x on Day 3

Icodex Publishing Solutions IPO subscribed over 3.95x on its last day of subscription, wherein QIB subscribed 33.08x, NII subscribed 1.58x, and RII subscribed 4.67x.

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Icodex Publishing Solutions IPO subscription started on Monday, August 11, 2025, and will close on August 13, 2025, as per the schedule. The price band is set at ₹98 to ₹102 per share with a face value of ₹10. 

Icodex Publishing Solutions IPO Subscription Status 

Icodex Publishing Solutions IPO subscribed over 3.95x on its last day till 5.00 PM on 13 August 2025. 

  • Icodex Publishing Solutions IPO subscription QIB investors portion is 33.08 times, while NII subscribed 1.58 times, and RII investors subscribed 4.67 times. 
  • The company has received bids for 1,54,70,400 shares against 39,14,400 shares on offer on the last day of subscription. 
  • Icodex Publishing Solutions IPO subscribed over 3.95x on its day 3. 
  • Icodex Publishing Solutions IPO subscribed over 0.89x on its day 2. 
  • Icodex Publishing Solutions IPO subscribed over 0.41x on its day 1. 

About Icodex Publishing Solutions Company 

Icodex Publishing Solutions Limited, founded in 2018, is one of the leading companies involved in the business of Software Product Development for Scholarly Publishing. The company makes software that helps with publishing research papers and academic articles. From manuscript preparation to print and digital content distribution, the company supports the entire process. Icodex Publishing provides various services, including Business Process Management services, including quality assurance, editorial services, and back-end support, to assist global publishing clients throughout the publishing process. The company includes 116 employees as of January 31, 2025. Moreover, Icodex offers Software-as-a-Service (SaaS) to a major U.S. publishing client that will help authors, publishers, and peer reviewers with AI-powered automation tools.

Icodex Publishing Solutions Financial Report

The company reported revenue of ₹22.08 crores in 2025 against ₹10.99 crores in 2024. The company reported a profit of ₹8.96 crores in 2025 against a profit of ₹4.40 crores in 2024. 

Icodex Publishing Solutions IPO GMP: 

Icodex Publishing Solutions IPO GMP was ₹14 as of Wednesday, 13 August 2025. That indicates the IPO is trading at ₹116 with a ₹14 premium in the grey market against the issue price of ₹102. 

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.