IPO Issue Details
Issue Price / Price Band₹102 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size41,20,800 shares (aggregating up to ₹42.03 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenMon, 11 Aug 2025
Subscription CloseWed, 13 Aug 2025
Anchor AllotmentSun, 10 Aug 2025
Basis of AllotmentThu, 14 Aug 2025
Initiation of RefundsThu, 18 Sep 2025
Credit of Shares to DematMon, 18 Aug 2025
Listing DateTue, 19 Aug 2025
UPI Mandate Deadline2025-08-13
Application & Investment Details
Retail — Min (2 Lots)₹2,44,800 — 2400 shares
Retail — Max (13 Lots)₹1,591,200 (13 Lots)
HNI — Min (3 Lots)₹3,67,200 — 3600 shares
EPS (Pre-IPO)₹7.32
EPS (Post-IPO)₹5.73
P/E Ratio (Pre-IPO)13.94x
P/E Ratio (Post-IPO)17.81x
Net Offer to Public39,14,400 shares (aggregating up to ₹39.93 Cr)
Reserved for Market Maker2,06,400 shares (aggregating up to ₹2.11 Cr)
Pre-IPO Promoter Holding1,22,41,020 shares
Post-IPO Promoter Holding1,56,37,020 shares
Fresh Issue Shares31,89,600 shares (aggregating up to ₹32.53 Cr)
Offer for Sale Shares7,24,800 shares of ₹10 (aggregating up to ₹7.39 Cr)
About Icodex Publishing Solutions Ltd.
Incorporated in 2018, Icodex Publishing Solutions Limited is engaged in the business of Software Product Development for Scholarly Publishing.The company develops software products that assist in publishing research papers and academic articles, supporting the entire process from manuscript preparation to print and digital content distribution.The company offers Business Process Management services, including quality assurance, editorial services, and back-end support, to assist global publishing clients throughout the publishing process.The company offers Business Process Management services, including quality checks, editorial support, and IT services like hardware installation and back-end support, assisting global publishing clients throughout the process.Business Segment:Software Product Development - Publishing & Other Industries: The company provides Software-as-a-Service for the publishing industry, offering automation tools, ERP management, and tailored software solutions to streamline the publishing process for authors, publishers, and peer reviewers.Business Process Management for the Publishing Industry: The company provides backend support services for publishing, including AI-driven quality assurance checks, business process management, print distribution, invoice processing, and editorial services for content preparation and publication.Application Support and IT Management: Under this segment the company provides technical support and IT services, including infrastructure management, server management, and setup/configuration of IT systems for clients.As of January 31, 2025, The company had 116 employees.Competitive Strengths:Domain ExpertiseExperienced Management and Leadership Team.Strong relationship with existing customers.End-to-end publishing solution provider in the publishing ecosystem.Technology Focussed Business Model.
Objects of the Issue
Icodex Publishing Solutions Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Purchase of new office premises
16.70
2
2 Purchase of hardware for new office
1.12
3
3 Working capital requirement
5.20
4
4 General Corporate Purpose
6.40
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,22,41,020 shares
Post-IPO Promoter Holding
1,56,37,020 shares