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  3. Identixweb IPO
Identixweb logo

Identixweb

Listed
Listed

IPO Timeline

Issue open date

26 Mar 2025

Issue close date

28 Mar 2025

UPI mandate deadline

28 Mar 2025

Allotment finalization

1 Apr 2025

Refund initiation

2 Apr 2025

Share credit

2 Apr 2025

Listing date

3 Apr 2025

Mandate end date

12 Apr 2025

Lock-in end date for anchor investors (50%)

30 Apr 2025

Lock-in end date for anchor investors (remaining)

30 Jun 2025

Key Dates

Open
26 Mar 2025
Close
28 Mar 2025
Listing
3 Apr 2025

Quick Stats

Issue Size:17cr
Lot Size:2000 shares

About the Company

Incorporated in 2017, Identixweb is an IT company that provides SaaS-based digital product solutions with a strong focus on Shopify application development. The company offers services such as e-commerce store development, web and mobile app development, UI/UX design, custom software solutions, and ongoing support. Identixweb specializes in creating conversion-optimized Shopify apps that enhance store performance, customer engagement, and operational efficiency. With over 10 custom-built Shopify applications, the company serves clients across various industries worldwide. Identixweb has two subsidiaries: Identixweb LLC and Munim ERP Private Limited. Munim ERP, based in Surat, India, develops ERP and accounting software tailored for GST compliance and business process management.

Strengths

  • Skilled team and leadership driving innovation and strategic direction.
  • Customized Shopify solutions enhancing performance and user experience.
  • Broad development services supporting diverse business technology needs.
  • Strong client focus ensuring tailored, growth-oriented digital solutions.
  • Constant innovation adapting to new trends and technologies.
  • High standards in quality assurance and project management delivery.
  • Dependable support and maintenance ensuring seamless client operations.

Risks

  • Heavy reliance on single customer, Shopify Inc, for revenue.
  • Legal proceedings involving promoters and directors may affect operations.
  • Any failure in service delivery may hurt business.
  • Inability to protect intellectual property can impact our growth.
  • Inadequate skilled workforce may affect business performance and expansion.
  • Failure to adapt with technology may harm our competitiveness.
  • Delay in getting required approvals may disrupt operations

Identixweb IPO – Frequently Asked Questions

  • The price band for the Identixweb IPO is set at ₹51 to ₹54 per share.
  • The Identixweb IPO opens on March 26, 2025 and closes on March 28, 2025.
  • The tentative listing date for the Identixweb IPO is April 3, 2025.
  • You can apply for the Identixweb IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Identixweb, enter lot quantity and UPI ID, then approve the mandate.
  • The lot size for the Identixweb IPO is 2000 shares. Investors must apply for at least one lot (i.e., 2000 shares).