What was the last grey market premium of Identixwex IPO?

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Subscription status of Identixweb IPO

Identixweb IPO
(Day 1)

Price Rs. _ Lot ? shares, Rs. Crore

QIB NII x RII x Total x Applications
         
Amount wise bids recd. Rs. ? Crore
Note: 

Identixweb Allotment Link: 

 

 

What is the business of Identixweb?

Founded in 2017, Identixweb Limited is a leading technology company specializing in Shopify app development and custom web solutions.

With a team of over 50 skilled professionals, Identixweb has successfully launched more than 35 public Shopify apps and completed 100+ projects across a variety of industries, including e-commerce, fashion, fintech, and SaaS.

Its Services:

Shopify App Development: We design and build custom Shopify apps that enhance store functionality, streamline operations, and drive sales growth.

Node.js Development: Leveraging Node.js, we deliver fast, efficient servers that power responsive websites and applications.

PHP Development: Its expert PHP development team creates dynamic, interactive websites and applications with robust database integration.

Web Application Development: We develop intuitive, user-friendly web applications for e-commerce, social networking, and communication, ensuring seamless performance across devices.

At Identixweb, it is committed to providing innovative, high-quality solutions that help businesses thrive in the digital age.

Get more information about the company

Identixweb IPO Details

IPO opens on  26 March 2025
IPO closes on  28 March 2025
Issue Type Book Built Issue IPO
Issue Size 3080000 Shares /
Rs 16.63 Crore
* Fresh Issue 3080000 Shares /
Rs 16.63 Crore
* Offer for Sale – – shares /
Rs.- crore
Market Maker Portion 154000 Shares
Net offer to Public 2926000 Shares/
Rs 15.80 Crore
Face Value per share Rs. 10
Price Band Rs. 51-54
Employee discount  Rs. 0 per share
Retail Lot Size  2000 Shares
Listing will at  BSE SME

Shares offered in IPO

  Shares Rs. (Crore)
QIB (50%) 1463000 7.90
HNI (15%)   438900 2.37
RII  (35%) 1024100 5.53
Total Shares  5132400 ?
Retail portion will be
oversubscribed by 
512
Forms
How much Shares to Apply in this IPO?
Min Retail Application 2000 Shares Rs.108000
Min HNI Application  4000 Shares Rs. 216000

Who are the Promoters of Identixweb?

Mr. Priyankkumar Jivarajbhai Savani, Mr. Ankur Jagdishbhai Lakhani & Mrs. Hiral Ankurbhai Lakhani are the promoters of the company.

What are the Objects of Identixweb IPO?

The Company proposes to utilize the Net Proceeds from Issue towards funding the following objects:

  1. Investment in marketing to support organization’s growth plans in India or Outside India
  2. Investment into market research and product development through Talent Hiring for the issuer company
  3. Investment in the Subsidiary for Product Development through Talent Hiring
  4. General Corporate Purposes

Tentative timetable

IPO opens on 26 March 2025
IPO Closes on 28 March 2025
IPO Allotment on  1 April 2025
Refund Initiation  2 April 2025
Credit of Shares 2 April 2025
Listing on 3 April 2025
Registered Office of the Company
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
Who is the Lead Manager of this IPO?
Beeline Capital Advisors Pvt ltd

Who is the Registrar to IPO?

Skyline Financial Services Pvt Ltd

Identixweb IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Identixweb IPO Financial & Analytical Ratios

Year Total
Income
Net
Profit
EPS RoNW
  Rs.in Crore Rs.in Crore Rs. %
2022-23 6.27 1.35  
2023-24 6.66 2.77 3.76 27.39
2024-25 6M 4.79 2.00    
Book Value of the
Share on 31.03.2024
     
BV of the Share at
cap price after IPO
Rs.      
Offer Price/upper band Rs. 54    

Key Performance
indicators

Price/EPS of 23-24 14.36
Price/BV Ratio 3.86
Debt/Equity Ratio

How Identixweb IPO compares with the Peers?

As per RHP  FV Price to  PE
    Book Value Ratio
Identixweb   3.86 14.36
Kody Technolab   15.48 233.88
       
       

# This is only coverage of News related to Grey Market Premium & subject to rates. We do not deal in grey market premium. We do not recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

Identixweb IPO Review by Paresh Gordhandas, CA & Research Analyst.

Founded in 2017, Identixweb Limited is a leading technology company specializing in Shopify app development and custom web solutions.

With a team of over 50 skilled professionals, Identixweb has successfully launched more than 35 public Shopify apps and completed 100+ projects across a variety of industries, including e-commerce, fashion, fintech, and SaaS.

The company has good profitability and the shares are offered at reasonable valution. The size of the IPO is not very large and with just 512 applications retail portion will get one time subscribed.

+ from fundamental angle: Apply

+ from grey market angle: ?

Quicklinks


 
Identixweb
IPO

 
Identixweb
IPO

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