
Technology / IT Services · BSE
Identixweb Limited, founded in 2017, is a technology company specializing in Shopify app development and custom web solutions. With a team of over 64 professionals as of February 28, 2025, they have developed more than 35 public Shopify apps and completed over 100 projects across industries like e-commerce, fashion, fintech, and SaaS. Their services include Shopify app development, web applications using PHP and React, WordPress plugin development, and Node.js solutions for fast and responsive applications. Some of their key products include Stellar Delivery Date & Pickup for order delivery management, iCart Cart Drawer Cart Upsell to boost sales for Shopify merchants, TablePress - Data Tables for embedding tables into websites, and a WooCommerce upsell plugin to increase online sales. With a strong focus on innovation and efficiency, Identixweb continues to create dynamic web solutions that enhance business operations and customer engagement.
Price Band
₹51 – ₹54
Issue Size
₹16.63 Cr
Lot Size
2000 shares
GMP
+7.4%
Est. Listing
₹58
at current GMP
Subscribed
26.23x
overall
Open
26 Mar 2025
Close
28 Mar 2025
Allotment
1 Apr 2025
Refund
2 Apr 2025
Demat Credit
3 Apr 2025
Listing
3 Apr 2025
Overall Subscription
26.23x
Total Demand
QIB Multiplier
11.19x
Institutions & Funds
NII / HNI
73.46x
High Net-Worth
Retail (RII)
14.38x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 584,000 | 6,536,000 | 11.19x |
| NIB | 440,000 | 32,322,000 | 73.46x |
| RETAIL | 1,026,000 | 14,756,000 | 14.38x |
| Total | 2,050,000 | 53,614,000 | 26.23x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 539 | 7,751 | 14.38x |
| HNIs (10L +) | 3 | 220 | 73.46x |
| HNIs (2-10L) | 16 | 1,175 | 73.46x |
| Total Applications | 558 | 9,146 | 16.39x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Identixweb Limited is bringing an initial public offering (IPO) in the Technology / IT Services sector with an aggregate issue size of ₹16.63 Crores. The shares are offered at a price band of ₹51 to ₹54 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 2000 shares (approx. ₹1,08,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-04-03, while un-allotted funds or UPI block mandates will be released on 2025-04-02.
The latest Grey Market Premium (GMP) for Identixweb Limited IPO is ₹4 per equity share. Based on the upper price band of ₹51 to ₹54 per equity share, the estimated listing price is ₹58 (+7.4% expected listing gain).
With a lot size of 2000 shares and current GMP of ₹4, the expected profit per application lot is approx ₹8,000 (+7.4% gain). Minimum application cost is approx ₹1,08,000.
The Identixweb Limited IPO aggregate issue size is ₹16.63 Crores with an equity price band set at ₹51 to ₹54 per equity share. The retail lot size is 2000 shares requiring a minimum capital outlay of approx. ₹1,08,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 26.23x (Retail: 14.38x, QIB: 11.19x, NII: 73.46x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-04-01. Investors can verify status using PAN card or application number.
Identixweb Limited shares are scheduled to list on BSE on 2025-04-03.