
Media & Publishing · BSE
Icodex Publishing Solutions Limited, established in 2018, specializes in software product development for the scholarly publishing industry. The company creates tools that support the entire publishing workflow—from preparing manuscripts to distributing content in print and digital formats. It also offers business process management services such as editorial support, quality checks, and IT solutions like infrastructure and server management. Their services cater to global clients and cover three main segments: software development for publishing and other industries, backend publishing support including AI-powered quality assurance and editorial tasks, and IT support for system setup and maintenance. As of January 31, 2025, the company employs 116 people.
Price Band
₹98 – ₹102
Issue Size
₹42.03 Cr
Lot Size
1200 shares
GMP
Est. Listing
₹102
at current GMP
Subscribed
4.00x
overall
Open
11 Aug 2025
Close
13 Aug 2025
Allotment
14 Aug 2025
Refund
15 Aug 2025
Demat Credit
16 Aug 2025
Listing
19 Aug 2025
Overall Subscription
4.00x
Total Demand
QIB Multiplier
33.08x
Institutions & Funds
NII / HNI
1.69x
High Net-Worth
Retail (RII)
4.67x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 108,000 | 3,572,400 | 33.08x |
| NIB | 1,903,200 | 3,219,600 | 1.69x |
| HNIs(10L +) | 1,268,800 | 2,156,400 | 1.70x |
| HNIs (2-10L) | 634,400 | 1,063,200 | 1.68x |
| RETAIL | 1,903,200 | 8,884,800 | 4.67x |
| Total | 5,817,600 | 18,896,400 | 4.00x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 4 | 0.00x |
| NIB | — | 381 | 0.00x |
| RETAIL | 793 | 3,702 | 4.67x |
| HNIs(10L +) | — | 112 | 0.00x |
| HNIs (2-10L) | — | 269 | 0.00x |
| Total Applications | 793 | 4,468 | 5.63x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Icodex Publishing Solutions Limited is bringing an initial public offering (IPO) in the Media & Publishing sector with an aggregate issue size of ₹42.03 Crores. The shares are offered at a price band of ₹98 to ₹102 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-08-13, the basis of allotment is scheduled to be finalized on 2025-08-14. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Cameo Corporate Services Limited) or the BSE allotment checking window.
Currently, Icodex Publishing Solutions Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹98 to ₹102 per equity share.
The retail lot size is 1200 shares requiring a minimum application amount of ₹1,22,400. Expected listing price is ₹102 per equity share.
The Icodex Publishing Solutions Limited IPO aggregate issue size is ₹42.03 Crores with an equity price band set at ₹98 to ₹102 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,22,400.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 4.00x (Retail: 4.67x, QIB: 33.08x, NII: 1.69x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Cameo Corporate Services Limited) and the BSE status verification website on or around 2025-08-14. Investors can verify status using PAN card or application number.
Icodex Publishing Solutions Limited shares are scheduled to list on BSE on 2025-08-19.