Identixweb IPO Details
Identixweb IPO is set to open for subscription from March 26, 2025, to March 28, 2025, with a price band of ₹51 to ₹54 per share and a face value of ₹10 per share. The IPO is a Book Built Issue, offering a fresh issue of 30,80,000 shares, aggregating to approximately ₹16.63 crore. The lot size for investors is 2,000 shares, and post-issue, the company’s total shareholding will increase from 73,61,550 shares to 1,04,41,550 shares. The IPO will be listed on the BSE SME exchange, with Spread X Securities Private Limited acting as the market maker for 1,54,000 shares. The listing date is yet to be announced.
Identixweb IPO Important Date
The Identixweb IPO will open for subscription on March 26, 2025, and close on March 28, 2025, with a cut-off time for UPI mandate confirmation set at 5 PM on the last day. The Expected allotment date is April 1, 2025, followed by the initiation of refunds and the credit of shares to Demat accounts on April 2, 2025. The IPO is expected to be listed on the BSE SME exchange on April 3, 2025. Investors should keep track of these key dates to ensure smooth participation in the IPO process.
Identixweb IPO Reservation
The Identixweb IPO reservation structure distributes shares among three investor categories: Qualified Institutional Buyers (QIBs), Retail Investors, and Non-Institutional Investors (NIIs), also known as High Net Worth Individuals (HNIs). QIBs can receive up to 50% of the net issue, while at least 35% is reserved for retail investors. The remaining 15% or more is allocated to NIIs (HNIs). This allocation strategy ensures balanced participation from various investor segments in the IPO.
Identixweb IPO Lot Size
The Identixweb IPO requires investors to bid for a minimum of 2000 shares, with increments in multiples of this lot size. For retail investors, both the minimum and maximum application allow for a single lot of 2000 shares, translating to an investment of ₹1,08,000. High Net Worth Individuals (HNIs), on the other hand, have a minimum bid requirement of two lots, totaling 4,000 shares and an investment of ₹2,16,000. This structure outlines the specific investment parameters for different investor categories in the Identixweb IPO.
Identixweb Company Details
Identixweb Company Financial
The financial information for Identixweb Limited, as presented in the image, reveals a growing company with increasing assets and net worth. Assets have risen from ₹6.13 crore in March 2023 to ₹14.57 crore by September 2024. Net worth has also seen significant growth, climbing from ₹4.67 crore to ₹12.3 crore in the same period. While revenue fluctuated, reaching a peak of ₹6.66 crore in March 2024, the profit after tax has consistently increased, reaching ₹2 crore by September 2024. The company’s total borrowing remains relatively low, indicating a healthy financial structure. The market capitalization of the Identixweb IPO is stated as ₹56.38 crore.
Identixweb IPO Objectives
The objectives of the Identixweb IPO are designed to strategically utilize the net proceeds from the issue to support the company’s growth and development. The primary goals include investing ₹2.5 crore in marketing to bolster the organization’s growth plans both within India and internationally. Additionally, ₹4.2 crore will be allocated towards market research and product development through talent hiring for the issuer company. Furthermore, ₹4.158 crore is earmarked for investment in a subsidiary to facilitate product development, also through talent hiring. These investments aim to enhance the company’s market presence, innovation capabilities, and overall competitiveness.
Idenitxweb Company Promoter
The promoters of the company are Mr. Priyankkumar Jivarajbhai Savani, Mr. Ankur Jagdishbhai Lakhani, and Mrs. Hiral Ankurbhai Lakhani. Prior to the issue, their combined shareholding in the company stands at 89.34%. This information is crucial for potential investors considering the IPO, as it provides insight into the ownership structure and the significant control held by the promoters.
Identixweb IPO Registrar
The IPO registrar for Identixweb Limited is Skyline Financial Services Private Ltd. They can be contacted via phone at 02228511022 or through email at ipo@skylinerta.com. Additional information about their services can be found on their website at https://www.skylinerta.com/ipo.php. Skyline Financial Services plays a crucial role in managing the share allocation and other administrative tasks related to the IPO process for Identixweb Limited.
Disclaimer: This content is intended solely for educational and informational purposes and should not be interpreted as financial or investment advice. The information presented is derived from publicly available sources and independent analysis; however, its accuracy or completeness is not guaranteed. Readers are encouraged to conduct their own due diligence and seek guidance from a professional financial advisor before making any investment decisions. Neither the author nor stoxmail.com assumes responsibility for any financial losses or investment actions taken based on this article.