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Identixweb IPO: Things Smart Investors Need to Know

Identixweb Limited, established in 2017, is a growing technology company specialising in Shopify app development and custom web solutions. The company provides a diverse range of services, including Shopify app development, web application development using PHP and React, and WordPress plugin development. With a strong focus on Software as a Service (SaaS)-based solutions, Identixweb simplifies software management by offering online applications that require no installation or maintenance. The company has successfully launched over 35 public Shopify apps and completed more than 100 projects across multiple industries, such as e-commerce, fashion, fintech, and SaaS.

With a skilled team of over 50 professionals, Identixweb has built a strong reputation in the digital solutions space. The company is led by experienced promoters, Mr. Priyankkumar Jivarajbhai Savani and Mr. Ankur Jagdishbhai Lakhani, who bring over 13 years of expertise in Shopify application development. As the company prepares for its IPO, investors should closely analyse its business model, industry positioning, and growth potential in the rapidly expanding e-commerce and SaaS sectors.

For more details, visit the Identixweb Ltd IPO page.

Identixweb Ltd IPO Details and Objectives

Details

Information

IPO Date

March 26, 2025 to March 28, 2025

Issue Size

30,80,000 shares

(aggregating up to ₹16.63 Cr)

Price Band

₹51 to ₹54 per share

Lot Size

2000 shares

Listing At

BSE SME

Market Maker

Spread X Securities Private Limited

Purpose of the IPO

  • 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 our Subsidiary i.e. Munim ERP Private Limited for Product Development through Talent Hiring

  • General Corporate Purposes

  • Public Issue Expenses

Timeline of Identixweb Ltd IPO

Event

Date

IPO Open Date

Wed, Mar 26, 2025

IPO Close Date

Fri, Mar 28, 2025

Tentative Allotment

Tue, Apr 1, 2025

Initiation of Refunds

Wed, Apr 2, 2025

Credit of Shares to Demat

Wed, Apr 2, 2025

Tentative Listing Date

Thu, Apr 3, 2025

Cut-off time for UPI mandate confirmation

5 PM on March 28, 2025

Pricing & Lot Size of Identixweb Ltd IPO

Price Band for the IPO

  • ₹51 to ₹54 per share

Minimum Lot Size and Application Details

Application

Lots

Shares

Amount

Retail (Min)

1

2000

₹1,08,000

Retail (Max)

1

2000

₹1,08,000

HNI (Min)

2

4,000

₹2,16,000

How to Apply for the Identixweb Ltd IPO?

Online Application Process

  • Log in to Your Trading Account
    Access your trading account through your broker’s platform.

  • Navigate to the IPO Section
    Go to the IPO section to view active IPO listings.

  • Select Identixweb Ltd IPO
    Find "Identixweb Ltd IPO" and click on the ‘Apply’ button.

  • Enter Application Details
    Specify the number of lots (minimum lot size: 2000 shares) and the bid price within the range of ₹51 to ₹54 per share.

  • Provide Your UPI ID
    Enter your UPI ID for payment authorization. Ensure that sufficient funds are available in your linked account.

  • Review and Submit
    Verify all the details entered before submitting the application. Approve the UPI mandate before 5 PM on March 28, 2025, to complete your application process.

Financial Health and Performance

Key Financial Metrics

  • Total Assets: Grew from ₹6.13 crore in FY23 to ₹14.57 crore as of September 2024.

  • Revenue: Reached ₹4.79 crore in FY24.

  • Profit After Tax (PAT): Stood at ₹2 crore for September 2024.

  • Net Worth: Increased from ₹4.67 crore in FY23 to ₹12.3 crore as of September 2024.

  • Reserves and Surplus: Recorded at ₹4.94 crore (Sept 2024), growing steadily over the years.

  • Total Borrowings: Stood at ₹0.11 crore in September 2024.

Recent Performance and Growth Prospects

  • The company has demonstrated strong financial growth, with a significant increase in total assets over the past year.

  • Revenue has shown steady improvement, reflecting the company’s expanding market presence and growing demand for its services.

  • Profitability remains robust, with consistent earnings supporting long-term business sustainability.

  • The company’s net worth has seen substantial growth, indicating a solid financial foundation and increased investor confidence.

  • Reserves and surplus have steadily risen, highlighting efficient financial management and reinvestment strategies.

  • With minimal borrowings, the company maintains a strong financial position, reducing dependency on external debt and ensuring financial stability.

Investment Risks and Opportunities

Potential Risks of Investing in the IPO

  • The company operates in a highly competitive tech industry, where rapid technological advancements and evolving customer demands may require continuous innovation and investment.

  • As a relatively young company, Identixweb’s long-term sustainability and scalability remain uncertain, and its ability to maintain profitability will depend on market conditions and business execution.

Opportunities and Growth Potential

  • With a strong foothold in Shopify app development and SaaS-based digital solutions, Identixweb is well-positioned to capitalise on the expanding e-commerce and web development market.

  • The company’s investment in talent acquisition, product development, and international market expansion through IPO funding presents significant opportunities for accelerated growth and market penetration.

Key Performance Indicator (KPI)

KPI

Values

ROE

37.70%

ROCE

57.25%

RoNW

27.39%

PAT Margin

44.86

Price to Book Value

3.84

Identixweb Ltd IPO Registrar & Lead Managers

Registrar

Lead Manager(s)

Skyline Financial Services Private Ltd

Beeline Capital Advisors Pvt Ltd

Company Address of Identixweb LtdLtd

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,

Phone: +91 9510888111

Email: compliance@identixweb.com

Website: http://www.identixweb.com/

Conclusion

Identixweb Limited’s upcoming IPO marks a significant milestone in its journey as a technology company specialising in Shopify app development and SaaS-based solutions. With a growing portfolio of products and services, the company has established a presence across multiple industries, supported by a skilled team and experienced leadership. The IPO proceeds are intended for market expansion, product development, and corporate needs, aligning with its long-term business strategy.

As the IPO opens for subscription from March 26 to March 28, 2025, investors can evaluate Identixweb’s financial performance, market position, and growth plans before making investment decisions. The listing on the BSE SME exchange will provide insights into the company’s market reception and future trajectory. Interested participants can apply through their trading accounts, ensuring compliance with the IPO timeline and payment requirements.

Interested in more opportunities? Check out our Upcoming IPO section for new listings, and don’t forget to check your IPO allotment status for Identixweb Ltd IPO.

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Disclaimer: Investments in the securities market are subject to market risk, read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.

For All Disclaimers Click Here: https://www.bajajbroking.in/disclaimer

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