Identixweb Limited on March 26, 2025

Published On: 24/03/20252 min read

Identixweb Limited, a prominent IT firm specializing in Software as a Service (SaaS) solutions, is set to launch its initial public offering (IPO) on March 26, 2025. The company focuses on Shopify application development, offering products and services worldwide across various sectors.

Identixweb Limited

Company Overview

Established in 2017, Identixweb Limited provides a range of digital product solutions, including E-Commerce Store Development, Web App Development, UI/UX Design, Website Development, and Customized Software Development. The company’s primary focus is on developing Shopify applications that enhance the functionality and performance of Shopify stores. Their product suite includes over 10 conversion-optimized Shopify applications tailored to meet diverse customer needs.

IPO Timeline

  • Issue Open Date: March 26, 2025

  • Issue Close Date: March 28, 2025

  • Allotment Finalization: April 1, 2025

  • Refund Initiation: April 2, 2025

  • Share Credit to Demat Accounts: April 2, 2025

  • Listing Date: April 3, 2025

Note: These dates are tentative and subject to change.

Price Band and Lot Size

  • Price Band: ₹51 to ₹54 per share

  • Lot Size: 2,000 shares

  • Minimum Investment: ₹1,08,000 (at the upper price band)

Retail investors can apply for a minimum of one lot (2,000 shares), amounting to ₹1,08,000 at the upper price band.

Financials

Financial Year Total Income (₹ Crore) Net Profit (₹ Crore)
FY 2021-22 6.08 0.75
FY 2022-23 6.27 1.38
FY 2023-24 6.60 2.09

Note: Financial figures are approximate and sourced from the company’s financial statements.

Strengths

  • Specialized Expertise: Focused on Shopify application development, catering to a global clientele.

  • Diverse Product Portfolio: Offers over 10 conversion-optimized Shopify applications.

  • Experienced Leadership: Led by promoters with over 13 years of expertise in Shopify application development.

Risks

  • Market Competition: Faces competition from other SaaS providers in the e-commerce space.

  • Technological Changes: Rapid technological advancements may require continuous innovation.

  • Client Dependence: Reliance on the Shopify platform could pose risks if platform policies change.

IPO Anchor Investors Details

Specific details about anchor investors have not been disclosed as of now.

IPO Promoter Holding Details

Shareholder Pre-Issue Holding (%) Post-Issue Holding (%)
Promoters 89.34 To be updated

*Note: Post-issue holding percentages will be updated after the IPO concludes.*

IPO Grey Market Premium (GMP)

As of now, there is no available information regarding the Grey Market Premium (GMP) for Identixweb Limited’s IPO. Investors are advised to stay updated through reliable financial news sources for the latest GMP figures.

Final Thoughts

Identixweb Limited’s IPO presents an opportunity for investors to participate in a company specializing in SaaS-based digital product solutions with a strong focus on Shopify application development. Potential investors should consider the company’s financial performance, strengths, and associated risks before making investment decisions.

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