Identixweb IPO subscribed 26.15 times overall on the last day, a retail quota was subscribed over 14.38 times, NII was subscribed over 73.46 times, and QIB was subscribed over 11.19.
Identixweb IPO Details
Identixweb IPO got approval from SEBI for an IPO of ₹16.63 crores. Identixweb IPO consists of a fresh issue of ₹16.63 crores with a face value of ₹10 each. Further, it had a set price band between ₹51 to ₹54 per share.
In the Identixweb IPO, 2000 shares were in 1 lot size for retail minimum and maximum categories.
Moreover, 4000 shares were in 2 lot sizes for the S-HNI category.
To invest in the Identixweb IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum and maximum investment of ₹1,08,000.
- SHNI (S-HNI): Minimum investment of ₹2,16,000.
Identixweb IPO’s Subscription Duration
Identixweb IPO’s subscription started on March 26, 2025, and closed on March 28, 2025. The Identixweb IPO’s allotment date was April 1, 2025, and they received a refund on April 2, 2025. Identixweb IPO listing is on April 3, 2025.
Identixweb IPO’s Funds Deployment
- The proceeds raised from the public issue will be used to support the organization’s growth plans in India or Outside India.
- The funds will be used to handle the Investment of the market research and product development through Talent Hiring for the issuer company.
- Investment in the Subsidiary for Product Development through Talent Hiring
- Lastly, the remaining funds will be used for the company’s General Corporate Purposes.
About Identixweb IPO Company
Identixweb Limited incorporated in 2017 is one of the leading IT firms specializing in providing Software as a service SAAS-based digital product solutions. The company consists of a wide range of services such as E-Commerce Store Development, Web App Development, UI/UX Design, Website Development, Customize Software Development, and Shopify application development. The company plans to create online applications that do not require any installation and maintenance. Additionally, their products and services are available worldwide throughout various industries. As of now, Indentixweb Limited has established more than 35 public Shopify apps and completed over 100 projects with the help of over 50 professionals. As of March 31, 2024, the company includes a total of 60 employees. To meet the requirements of its customers the company has established over 10 conversion-optimized Shopify apps tailored to customers needs.
Identixweb IPO Company Financial Report
The company reported revenue of ₹6.66 crores in 2024 against ₹6.27 crores in 2023. The company reported a profit of ₹2.77 crores in 2024 against a profit of ₹1.35 crores in 2023.
