Identixweb Limited
Book Built Issue IPO · BSE
- Price band
- ₹51 - ₹54
- Lot size
- 2,000 shares
- Issue amount
- ₹16.63 cr
- Total subscription
- 26.23×
- Opens
- 26 Mar 2025
- Closes
- 28 Mar 2025
- Allotment
- 1 Apr 2025
- Listing
- 3 Apr 2025
Offer at a glance
Issue overview
- Issue size
- 30,80,000 shares
- Face value
- ₹10 Per Equity Share
- Minimum investment
- ₹1,02,000
- Fresh issue
- ₹16.63 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,08,000
- Issue type
- Book Built Issue IPO
- Shares before issue
- 73,61,550
- Shares after issue
- 1,04,41,550
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 2,000 | ₹1,08,000 |
| HNI | 2 | 4,000 | ₹2,16,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 3.15 | 0 |
| RETAIL | 5.54 | 0.04 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Sep-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 2.69 | 3.86 | 2.2 |
| ROE | 17.42 | 37.7 | 49.66 |
| ROCE | 31.09 | 57.25 | 62.56 |
| RONW | 16.02 | 27.39 | 29.32 |
| PRE IPO(PE) | 0 | 14.36 | 0 |
| POST IPO(PE) | 14.07 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Identixweb Limited, founded in 2017, is a technology company specializing in Shopify app development and custom web solutions. With a team of over 64 professionals as of February 28, 2025, they have developed more than 35 public Shopify apps and completed over 100 projects across industries like e-commerce, fashion, fintech, and SaaS. Their services include Shopify app development, web applications using PHP and React, WordPress plugin development, and Node.js solutions for fast and responsive applications. Some of their key products include Stellar Delivery Date & Pickup for order delivery management, iCart Cart Drawer Cart Upsell to boost sales for Shopify merchants, TablePress - Data Tables for embedding tables into websites, and a WooCommerce upsell plugin to increase online sales. With a strong focus on innovation and efficiency, Identixweb continues to create dynamic web solutions that enhance business operations and customer engagement.
Strengths
- Expert Team & Strong Leadership – With over 64 skilled professionals and experienced leaders, Identixweb delivers top-quality and innovative web solutions.
- Customized Solutions – Specializing in Shopify apps, web applications, and plugins, the company creates tailored solutions to fit unique business needs.
- Full-Scale Development Services – From Shopify and WordPress to PHP, React, and Node.js, Identixweb offers complete development services for businesses across different industries.
Risk factors
- Revenue Dependence on Shopify – A large share of earnings relies on Shopify Inc., posing a risk if the partnership faces any challenges.
- Legal Risks & Liabilities – Ongoing legal cases involving key executives may result in fines or liabilities, affecting operations and financial stability.
- Growth Challenges – If the company struggles to sustain growth, it could impact financial health and overall performance.
Promoters
Mr. Priyankkumar Jivarajbhai Savani
Mr. Ankur Jagdishbhai Lakhani
Mrs. Hiral Ankurbhai Lakhani
Registrar & documents
Lead manager
Beeline Capital Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Plot No. 240, C. S. No. 1730, 1st Floor, Nehru Nagar, L. H. Road, Sy. No. 46/A+2, TPS-4, Surat – 395006,
+91 9510888111
[email protected]Company website ↗Understanding IDENTIXWEB IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.