Identixweb Limited

Identixweb is an IT firm offering SaaS-based digital solutions, with a strong focus on Shopify app development. The company provides services including e-commerce store development, web apps, UI/UX design, website creation, custom software, and ongoing support. Its mission is to deliver online applications that simplify software use by removing installation and maintenance hassles. With a portfolio of 10+ conversion-optimized Shopify apps tailored to client needs, identixweb serves a global clientele across diverse industries.

Price Band

₹51 - ₹54

Dates

26 Mar - 28 Mar

GMP

₹0 (0.00%)

Subscriptions

-

Issue Size

₹16.63 Crs

Identixweb IPO Key Dates
Opening Date

26 Mar 25

Closing Date

28 Mar 25

Basis Of Allotment

01 Apr 25

Initiations Of Refund

02 Apr 25

Credit Of Shares

02 Apr 25

Listing Date

04 Apr 25

Identixweb IPO Objects

  1. Marketing Investment - Support growth in India or abroad.
  2. Market Research & Product Development - Hire talent to enhance products and market insights.
  3. Investment in Munim ERP - Fund product development at Munim ERP through talent acquisition.
  4. General Corporate Purposes - Allocate funds for operational and corporate needs.

Identixweb IPO Details
Price Band

₹51 - ₹54

Listing At

BSE SME

IPO Issue Type

100% Book Built Offer

Fresh Issue

₹16.63 Cr (0.31 Cr Shares)

Offer For Sale

₹0.00 (0.00 Shares)

Total Issue

₹16.63 Cr (0.31 Cr Shares)

Face Value

₹10 per equity share

Identixweb IPO Lot Information
Investor Category Lot Shares Amount
Retail
Minimum 1 2,000 1,08,000
Maximum 1 2,000 1,08,000
NII
Minimum 2 4,000 2,16,000
Identixweb IPO GMP

The estimated Grey Market Premium of Identixweb IPO is ₹0 per share (0.00%)

1. GMPs are available for IPOs with listing dates from May 1, 2025, onwards.

2. The GMP prices displayed here reflect news related to grey market trends. We do not trade or deal in the grey market, including subject-to-rates, nor do we recommend participating in grey market trading.

Category Allocation
Particulars Allocation
QIB Not more than 50% of net issue
NII Not less than 15% of net issue
Retail Not less than 35% of net issue
Market Maker 1,54,000 equity shares
Identixweb IPO Financials

(Rs. in crores)

Particulars Sep-24 Mar-24 Mar-23 Mar-22
Revenue from Operations 4.19 6.33 6.22 6.00
Profit after Tax 1.98 2.84 1.38 0.75
Net Worth 12.34 10.36 4.70 0.85
Total Borrowing 0.00 0.00 0.50 0.15
Total Assets 14.64 12.00 6.16 1.28
NAV per share (in ₹) 16.77 14.08 7.50 8.93
EPS - Basic (in ₹) 2.69 3.86 2.20 7.93

The financial information presented is on a consolidated basis

Key Performance Indicators
KPI Ratios
EBITDA 68.74%
PAT 44.86%
ROE 37.70%
ROCE 57.25%
PE Ratio 13.99
PB Ratio 3.84
Mkt Cap (in Crs.) 56.38
  • All Ratios are based on Mar 24
  • PE, PB, and Post-Issue Market Capitalization are calculated based on the upper price band.
Identixweb IPO Peer Comparision

(Rs. in crores)

Particulars Co. Kody Technolab Limited
Revenue from Ops (in Crs.) 6.33 22.46
PAT (In Crs.) 2.84 4.89
EPS - Basic 3.86 3.84
NAV per share 14.08 58.22
RONW 27.39% 13.17%
EBITDA 68.74% 29.19%
PAT Margin 44.86% 21.77%
Price to earning (PE) 13.99 233.88
  • All the information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 10, 2025 for Peers
Identixweb IPO Peer Comparision

(Rs. in crores)

Particulars Co.
Revenue from Ops (in Crs.) 6.33
PAT (In Crs.) 2.84
EPS - Basic 3.86
NAV per share 14.08
RONW 27.39%
EBITDA 68.74%
PAT Margin 44.86%
Price to earning (PE) 13.99
Kody Technolab Limited
22.46
4.89
3.84
58.22
13.17%
29.19%
21.77%
233.88
  • All the information pertains to FY 2023-24.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of March 10, 2025 for Peers
Promoter Details
Name Shareholding
Ankur Jagdishbhai Lakhani 43.88%
Priyankkumar Jivrajbhai Savani 43.88%
Hiralben Ankurbhai Lakhani 0.12%
Management Details
Name Designation
Mr. Priyankkumar Jivrajbhai Savani Chairman & MD
Mr. Abhishek Amrutlal Nakrani Chief Financial officer
Company Details

Name : Identixweb Limited

Address : 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

Number : +91 9510888111

Email : compliance@identixweb.com

Website : www.identixweb.com

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Frequently Asked questions?

Find answers to common questions that come in your mind related to IPO.

Identixweb IPO is a SME IPO having an issue size of Rs. ₹16.63 Crs. Identixweb IPO is priced at ₹51 - ₹54 per share. The issue opens on 26 Mar 25 and closes on 28 Mar 25.

Identixweb IPO opens on 26 Mar 25 and closes on 28 Mar 25.

The estimated Grey Market Premium of Identixweb IPO is ₹0 per share (0.00%).

The minimum lot size of Identixweb IPO is 2000 shares & the minimum application amount is Rs. 108000.

The allotment date of Identixweb IPO is 01 Apr 25.

The listing date of Identixweb IPO is 04 Apr 25.

Identixweb IPO is subscribed -.

Identixweb IPO is priced at ₹51 - ₹54 per share.

Click the allotment link on Identixweb IPO page of IPO360.

  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app

  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app

  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Identixweb IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date