Identixweb Ltd

Identixweb Ltd IPO

IPO Price Range: ₹51 - 54

Incorporated in 2017, Our company, as an IT firm, is involved in providing Software as a service (SAAS) - based digital product solutions. Our Company offers E-Commerce Store Development, Web App Development, UI/UX Design,Website development, Customize Software Development, support and maintenance with a primary focus on Shopify application development. The primary goal of our company is to deliver applications online, eliminating the need forinstallation and maintenance. This approach simplifies software management. Our products include more than 10 Shopify applications that are conversion-optimized and tailored made to meet customer needs. We provide our products and services worldwide across a wide range of sectors.

Min Investment

₹1,08,000

IPO Size

₹16 Cr

IPO Status

Closed

Quantity in 1 Lot

2000

Max Bid allowed

1

Listing Exchange

BSE

IPO Application Timeline of Identixweb Ltd

passed
Open Date26 Mar 2025
passed
Close Date28 Mar 2025
passed
Allotment Date1 Apr 2025
upcoming
Listing Date3 Apr 2025

IPO subscribed over

🚀 17.4578x

This IPO has been subscribed by 14.3821x in retail and 11.1918x in QIB.

Subscription Rate

Total Subscription17.4578x
Retail Individual Investors14.3821x
Qualified Institutional Buyers11.1918x
Non Institutional Investors73.8136x

Key Statistics

Bid Opening DateBid Opening Date26 Mar 2025
Bid Closing DateBid Closing Date28 Mar 2025
Allotment DateAllotment Date1 Apr 2025
Issue SizeIssue Size₹16.63Cr
Quantity in 1 lotQuantity in 1 lot2000

Strengths and Risks of Identixweb Ltd IPO

Strengths

Strengths

  • Skilled Professional Team and Strong Leadership.

  • Tailored Solutions.

  • Comprehensive Development Services.

  • Client-Centric Approach.

  • Innovation and Adaptability.

  • Quality and Reliability.

  • Support and Maintenance.


Risks

Risks

  • Majority of its revenues are generated from single customer Shopify Inc. Any adverse development affecting the company operations in this region could have an adverse impact on its business, financial condition and results of operations.

  • The company Promoters and Directors are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties which may adversely affect its business, financial condition and results of operations.

  • If the company is unable maintain out growth successfully, its results of operations and financial condition may be adversely affected.

  • If the company does not successfully anticipate market needs or develop and introduce new solutions that meet users needs on a timely basis, its may not be able to compete effectively and the company revenue, reputation, financial conditions, results of operations and cash flows may be adversely affected.

  • Any negative cash flows in the future would adversely affect our cash flow requirements, which may adversely affect our ability to operate our business and implement our growth plans, thereby affecting our financial condition.

  • The process of product development is expensive, time-consuming, and uncertain.

  • Undiscovered software design defects, errors, or failures may lead to a loss of or delay in the market acceptance of our products and services or give rise to liabilities that could significantly and adversely impact our business, financial health, and operational outcomes.

  • The company intend to develop products under the company and its subsidiary i.e., Munim ERP Private Limited through talent hiring from net proceeds. In case, there is a delay in development of product, such delay can affect its financial position.

  • The company has not yet entered into any definitive agreement in relation to the hiring of the for the project its intend to fund through the company Net Proceeds in our company as well as its Subsidiary i.e., Munim ERP Private Limited.

  • The company does not own the registered office and other office premises. Any dispute in relation to lease of its premises would have an adverse effect on the company business and results of operations.

Promoters Holding

Investors Holdings %
Priyankumar Jivarajbhai Savani43.88%
Ankur Jagdishbhai Lakhani43.88%
Hiral Ankurbhai Lakhani0.12%
Jivrajbhai Dhanjibhai Savani0.11%
Hansaben Jivrajbhai Savani0.11%

Frequently Asked Questions of Identixweb Ltd IPO

  • What is the size of the Identixweb Ltd IPO?

    The size of the Identixweb Ltd IPO is ₹16.63Cr .

  • What is 'pre-apply' for Identixweb Ltd IPO?

    'Pre-apply' for Identixweb Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Identixweb Ltd IPO order be placed?

    Your Identixweb Ltd IPO order will be placed on 26 Mar 2025.

  • What are the open and close dates of the Identixweb Ltd IPO?

    The open and close dates of the Identixweb Ltd IPO are 26 Mar 2025 to 28 Mar 2025.

  • What is the lot size and minimum order quantity of the Identixweb Ltd IPO?

    The lot size and minimum order quantity of the Identixweb Ltd IPO are 2000 and 2000 respectively.

  • What would be the listing gains on the Identixweb Ltd IPO?

    The potential listing gains on the Identixweb Ltd IPO will depend on various market factors and cannot be predicted with certainty.