Identixweb IPO is a book built issue of Rs 16.63 crores. The issue is entirely a fresh issue of 30.80 lakh shares.
Identixweb IPO opens for subscription on March 26, 2025 and closes on March 28, 2025. The allotment for the Identixweb IPO is expected to be finalized on Tuesday, April 1, 2025. Identixweb IPO will be list on BSE SME with a tentative listing date fixed as Thursday, April 3, 2025.
Identixweb IPO price band is set at ₹51 to ₹54 per share. The minimum lot size for an application is 2000. The minimum amount of investment required by retail investors is ₹1,02,000. But it is suggested to the investor to bid at the cutoff price to avoid the oversubscription senerio, which is about to ₹1,08,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹2,16,000.
Incorporated in 2017, Identixweb Limited is a technology company specializing in Shopify app development and custom web solutions. The company offers a range of services, including Shopify app development, web application development using PHP and React, and WordPress plugin development. With a team of over 50 professionals, Identixweb has developed more than 35 public Shopify apps and completed over 100 projects, catering to industries such as e-commerce, fashion, fintech, and SaaS.
Identixweb provides innovative solutions to enhance online business operations. Its Shopify application development services focus on building apps that improve store functionality, streamline operations, and boost sales. The company also leverages Node.js to develop fast, efficient servers for responsive websites and applications. Additionally, its PHP development expertise enables the creation of dynamic, interactive, and database-integrated web experiences. Through web application development, Identixweb delivers user-friendly applications for shopping, email, and social networking across multiple devices.
The company’s product portfolio includes solutions designed to optimize e-commerce performance. "Stellar Delivery Date & Pickup" simplifies order delivery management, while "iCart Cart Drawer Cart Upsell" helps Shopify merchants increase average order value through upsell and cross-sell features. "TablePress - Data Tables" allows users to create tables that can be embedded into blogs, pages, or text widgets using a simple shortcode. Additionally, Identixweb offers a WordPress plugin designed to accelerate online sales by enhancing WooCommerce upselling capabilities, driving more conversions, and boosting revenue effortlessly.
IPO stands for "Initial Public Offering." It's the process through which a privately-held company becomes publicly traded by offering its shares to the general public and listing them on a stock exchange for trading. This allows the company to raise capital from investors and grants individuals and institutions the opportunity to invest in and own a portion of the company.
The life cycle of an IPO, or Initial Public Offering, begins with a company's decision to go public. It involves hiring underwriters, registering with regulatory authorities, determining the IPO price, marketing to investors, and the subscription period where investors place orders for shares. After allocation and listing, shares become publicly tradable, and the company enters the secondary market. Ongoing reporting and corporate governance are crucial as the company continues to operate as a publicly-traded entity. The IPO aims to raise capital for growth and provides investors with opportunities to trade shares in the company.
An IPO (Initial Public Offering) is when a private company goes public by selling shares to the public. Investors buy these shares, giving them ownership in the company. It's a way for companies to raise capital and expand. The process involves underwriters, regulatory filings, setting the IPO price, and marketing to investors. After the IPO, shares can be traded on a stock exchange. IPOs offer opportunities and risks, so investors should research and consider carefully.
"Upcoming IPOs" refers to initial public offerings that have been announced by private companies but have not yet occurred. These are companies that plan to go public in the near future by issuing shares to the public and listing them on a stock exchange. Investors often keep an eye on upcoming IPOs as they represent opportunities to invest in companies at their early stages of public trading, potentially capturing growth potential. These offerings are typically accompanied by significant media and investor attention as they approach their launch dates.