Identixweb Ltd IPO
Open Demat Account
Identixweb Ltd IPO Details
Details
Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
---|---|---|---|---|---|
₹ 30.8 L | TBA | TBA | ₹ 65.77 L | DBC | ₹ 16.63 Cr |
IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
26 Mar, 25 | 28 Mar, 25 | 2000 | ₹ 1,02,000 | Book Building - SME | 03 Apr, 25 |
Identixweb Ltd IPO Dates
Details
Sector | Type |
---|---|
Sector | Computers - Software - Medium |
Sub Sector | Small |
Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
---|---|---|---|
QIB | 0x | 0 | 0 |
NII | 0x | 0 | 0 |
Retail | 0x | 0 | 0 |
Employee | 0x | 0 | 0 |
Total | 0x | 3080000 | 0 |
Subscription Status
Investor Type
QIB
NII
Retail
Employee
Total
*Values are in Lakhs
Identixweb Ltd Financial Status
Income Statement
Balance Sheet
Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
---|---|---|---|
Revenue from operations | 6.33 | 6.22 | 0.98 |
EBITDA | 5.36 | 2.39 | 1.15 |
PAT | 2.84 | 1.38 | 0.75 |
Total Assets | 4.19 | 3.04 | 0.89 |
Share Capital | 7.36 | 0.07 | 0.01 |
Total Borrowings | 0.48 | 1.17 | 0.44 |
Operating Activities (Net Cash) | 3.64 | 1.63 | 0.92 |
Investing Activities (Net Cash) | -2.92 | 1.50 | 0.00 |
Financing Activities (Net Cash) | 0.48 | 1.17 | 0.44 |
Net Cashflow | 3.22 | 1.97 | 0.60 |
Particulars (in Rs. Crores)
Revenue from operations
EBITDA
PAT
Total Assets
Share Capital
Total Borrowings
Operating Activities (Net Cash)
Investing Activities (Net Cash)
Financing Activities (Net Cash)
Net Cashflow
About Identixweb Ltd
Our Company was originally incorporated as `Goyani Infra Private Limited' as a Private Limited Company, under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated July 28, 2017, issued by the Registrar of Companies, Central Registration Centre. Later on, vide Special Resolution passed by our Shareholders in the Annual General Meeting held on September 17, 2019, the name of our Company was changed from `Goyani Infra Private Limited' to `Identixweb Private Limited' and a Certificate of Incorporation pursuant to change of name dated September 27, 2019 was issued to our Company by the Registrar of Companies - Ahmedabad. Subsequently, pursuant to a special resolution passed by our Shareholders in the Extra-Ordinary General Meeting held on December 4, 2023, our Company was converted from a private limited company to public limited company and consequently, the name of our Company was changed from `Identixweb Private Limited' to Identixweb Limited and a fresh certificate of incorporation dated December 21, 2023 was issued to our Company by the Registrar of Companies - Ahmedabad. The Corporate Identification Number of our Company is U72100GJ2017PLC098473.
The IT & BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country's GDP and public welfare. The IT industry accounted for 7.5% of India's GDP in FY23, and it is expected to contribute 10% to India's GDP by 2025. As innovative digital applications permeate sector after sector, India is now prepared for the next phase of growth in its IT revolution. India is viewed by the rest of the world as having one of the largest Internet user bases and the cheapest Internet rates, with 76 crore citizens now having access to the Internet. The current emphasis is on the production of significant economic value and citizen empowerment, thanks to a solid foundation of digital infrastructure and enhanced digital access provided by the Digital India Programme. India is one of the countries with the quickest pace of digital adoption. This was accomplished through a mix of government action, commercial innovation and investment, and new digital applications that are already improving and permeating a variety of activities and different forms of work, thus having a positive impact on the daily lives of citizens. India's rankings improved six places to the 40th position in the 2022 edition of the Global Innovation Index (GII). Our Company 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.
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 for installation 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.
Identixweb Ltd IPO Key Points
Strengths
- Skilled Professional Team and Strong Leadership.
- Tailored Solutions.
- Comprehensive Development Services.
- Client-Centric Approach.
- Innovation and Adaptability.
Risk
- 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.
Strategy
- Broaden our Portfolio of Products and Services.
- Acquire new accounts and deepen key account relationships.
- Customer Satisfaction.
- Expand our operation in the geographies where we have presence and also in other geographies.
- Skilled Professional Team and Strong Leadership.
- Tailored Solutions.
- Comprehensive Development Services.
- Client-Centric Approach.
- Innovation and Adaptability.
How To Apply for Identixweb Ltd IPO Online?
Step 1:
Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.
Step 2:
From the list of open IPOs, select the IPO you want to invest.
Step 3:
Go through the IPO details like lot size, price band, about the company, etc.
Step 4:
Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.
Step 5:
Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.