Identixweb IPO Details
The key details of Identixweb’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹16.63 Cr |
| Price Range | ₹51 – ₹54 |
| Retail Quota | 35% |
| QIB Quota | 50% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,000 |
| Investment (cut-off price) | ₹1,08,000 |
| Pre IPO Promotor Holding | 89.34% |
| Post IPO Promotor Holding | 63.02% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Identixweb IPO Timelines
The IPO process for Identixweb includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
26/03/2025
Start Date28/03/2025
End Date02/04/2025
Refund Initiation02/04/2025
Credit of Shares to Demat Ac03/04/2025
Listing DateIdentixweb IPO Lot Size
The Identixweb IPO has a fixed lot size of 2,000 shares, at an upper price band of ₹54 per share, requiring ₹108,000 per lot for retail investors. For HNI investors, the minimum application is 4,000 shares (2 lots) amounting to ₹216,000.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 2000 | ₹1,08,000 |
| Retail Maximum | 1 | 2000 | ₹1,08,000 |
| HNI Minimum | 2 | 4000 | ₹2,16,000 |
Identixweb IPO Subscription Status
The subscription status for Identixweb IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 11.19x | 73.46x | 14.38x | -- | 26.15x |
IPO Performance on Listing Day
On the listing day (April 3, 2025), Identixweb made a positive debut on the stock exchange. The stock opened at ₹55, registering a modest premium of 1.9% over its issue price of ₹54. Throughout the trading session, the stock showed steady upward momentum, climbing to a high of ₹57.75 while maintaining support at its opening price. The shares concluded their first trading day at ₹57.75, securing a healthy gain of 7% over the issue price, indicating favorable investor interest in this IT services provider.RetryClaude can make mistakes. Please double-check responses.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹55.00 | ₹57.75 | ₹57.75 | ₹55.00 |
Identixweb IPO Company Financials
Identixweb IPO reports robust performance in FY2024 with Total Income of ₹6.66 crores, managing expenses at ₹3.59 crores, and achieving a strong PAT (Profit After Tax) of ₹2.77 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2022 | ₹6.08 | ₹5.27 | ₹0.75 |
| FY 2023 | ₹6.27 | ₹4.37 | ₹1.35 |
| FY 2024 | ₹6.66 | ₹3.59 | ₹2.77 |
About Company
The company specializes in providing Software as a Service (SaaS)-based digital product solutions, with a particular focus on Shopify application development. Its services include e-commerce store development, web app development, UI/UX design, website development, customized software development, and ongoing support and maintenance. The company aims to streamline software management by offering online applications that eliminate the need for installation and regular maintenance.
With more than 10 conversion-optimized Shopify applications, the company ensures its products are tailored to meet specific customer needs. It delivers these services and products to a global client base across various industries, as detailed in the DRHP report. This approach allows businesses to enhance their online presence and optimize their Shopify stores with custom solutions, all while simplifying the overall management process.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2017 | IT (Information Technology) | Priyank Savani |
Know Before Investing
Identixweb IPO Strengths
- Identixweb focuses on Shopify application development, offering over 10 conversion-optimized and customized apps. This specialization positions the company as a key player in the growing e-commerce ecosystem.
- The company provides Software-as-a-Service (SaaS) solutions, eliminating the need for installation and maintenance. This scalable model ensures recurring revenue and simplifies software management for clients.
- Identixweb offers a wide range of services, including web app development, UI/UX design, PHP and React.js development, and customized software solutions, catering to various industries and client needs.
- The company serves clients worldwide across multiple sectors, reducing dependency on a single geographic market and diversifying its revenue streams.
- Led by experienced promoters and management, the company benefits from strategic vision and expertise in IT and software development.
- Identixweb invests in developing cutting-edge digital products tailored to enhance customer experience, ensuring it stays competitive in the rapidly evolving tech landscape.
Identixweb IPO Risks
- The stock market can be unpredictable, and newly listed companies like Identixweb may experience significant price fluctuations, impacting investor returns.
- A significant portion of revenue may come from a limited number of clients. The loss of any major client could adversely affect financial performance and stability.
- The technology and application development sector is highly competitive, with numerous established players. This competition can lead to pricing pressures and reduced profit margins.
- Operating in the tech industry involves navigating various regulations and compliance requirements, which can lead to increased operational costs and potential legal issues.
- Rapid advancements in technology may require continuous investment in R&D to stay competitive, which could strain financial resources if not managed effectively.
- Economic fluctuations can impact overall demand for software solutions, leading to decreased revenue during periods of economic uncertainty.
- As a relatively new player in the market, Identixweb may have limited historical data on financial performance, making it difficult for investors to assess future prospects accurately.
- If the company relies on external funding for growth initiatives, any difficulty in securing financing could hinder expansion plans and operational capabilities.
Swot Analysis for Identixweb IPO
Strengths
Expertise in Shopify app development, SaaS-based digital solutions, Global presence in e-commerce
Weaknesses
Limited brand recognition, Dependence on niche markets, Small operational scale
Opportunities
Growing e-commerce demand, Expansion into new markets, Rising digital transformation investments
Threats
Intense IT sector competition, Rapid tech advancements, Economic fluctuations affecting clients
Company Details
Identixweb Limited
Plot No. 240, C. S. No. 1730, 1st Floor, Nehru Nagar, L. H. Road, Sy. No. 46/A+2, TPS-4, Surat – 395006, Gujarat,India
Phone: +91 9510888111
Email: compliance@identixweb.com
Website: http://www.identixweb.com/
IPO Registar Details
Skyline Financial Services Private Ltd
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of Identixweb IPO are:
- Investment in marketing to support organization’s growth plans in India or Outside India
- Investment into market research and product development through Talent Hiring for the issuer company
- Investment in the Subsidiary for Product Development through Talent Hiring
- General Corporate Purposes
Beeline Capital Advisors Pvt Ltd is the book-running lead managers for the Identixweb IPO.
Identixweb’s IPO growth potential is supported by its financial performance, with revenue increasing from ₹6.27 crore in FY 2023 to ₹6.66 crore in FY 2024 and net profit rising significantly. The company’s growth strategy focuses on expanding its SaaS offerings, particularly in Shopify app development, which aligns with the growing e-commerce market. However, risk factors include reliance on a competitive tech landscape and the need for continuous innovation.
The issue price for the Identixweb IPO is set between ₹51 and ₹54 per share.
To invest in one lot of Identixweb IPO, you need ₹1,02,000 at the lower price band (₹51 per share) or ₹1,08,000 at the upper price band (₹54 per share) for a lot size of 2000 shares.
Identixweb IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on April 3, 2025.
Refund/unblocking of funds for Identixweb IPO will begin on April 2, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your Identixweb IPO shares on listing day (April 3, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.