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Icodex Publishing Solutions Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.102.00
Issue Size:
Rs.42.03 Cr
Lot Size:
2400 shares
Open Date:
August 11
Icodex Publishing Solutions Ltd. IPO Overview
Bidding Dates
August 11 - August 13
Min Investment
₹244,800
Price Range
₹102.00
Issue Size
₹42.03 Cr
IPO DRHP Doc
Company Overview
Icodex Publishing Solutions Limited, incorporated in 2018, specializes in Software Product Development for Scholarly Publishing. The company develops software for publishing research papers and academic articles, supporting the entire process from manuscript preparation to content distribution. It also provides Business Process Management services, including quality assurance, editorial services, and IT support for global publishing clients. As of January 31, 2025, the company had 116 employees.
IPO Timeline
Opens
Aug 11
Closes
Aug 13
Allotment
Aug 14
Refunds
Aug 18
Shares Credit
Aug 18
Listing
Aug 19
Opens
Aug 11
Closes
Aug 13
Allotment
Aug 14
Refunds
Aug 18
Shares Credit
Aug 18
Listing
Aug 19
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 33.08x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 1.58x | Oversubscribed |
| RII (Retail Individual Investors) | 4.67x | Oversubscribed |
| Total Subscription | 3.95x | Oversubscribed |
Last updated: Aug 13, 2025, 05:06 PM
Current GMP:
No Premium
Est. Listing:
Rs.102
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial Data Table
Detailed breakdown of financial metrics across years
| Financial Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 13.43 | ₹4.26 Cr | ₹1.95 Cr | - |
| Assets | ₹24.75 Cr | ₹10.67 Cr | ₹5.85 Cr |
| Net Worth | ₹19.05 Cr | ₹8.59 Cr | ₹4.19 Cr |
| Profit After Tax | ₹8.96 Cr | ₹4.4 Cr | ₹1.81 Cr |
| Reserves and Surplus | ₹6.81 Cr | ₹8.59 Cr | ₹4.19 Cr |
| Total Borrowing | ₹2.99 Cr | ₹0.88 Cr | ₹0.02 Cr |
| Total Income | ₹22.08 Cr | ₹10.99 Cr | ₹9.72 Cr |
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Strengths
Competitive advantages and positive aspects
- End to end publishing workflow solution provider in the publishing ecosystem
- Diverse services offerings, including BPM services and IT infrastructure management
- In-house development of cloud-based platforms like iCAPP and PaperPerfect, ensuring innovation and independence
- Consistent growth in revenue and profitability
- Leadership with a proven history in delivering solutions at the intersection of publishing and technology
IPO Details
Icodex Publishing Solutions IPO Details
| (Ex Market Maker) | 31,89,600 shares (aggregating up to ₹32.53 Cr) |
| ₹10 per share | |
| ₹102 per share | |
| 1,200 Shares | |
| 1,22,41,020 shares | |
| 1,56,37,020 shares | |
| 41,20,800 shares (aggregating up to ₹42.03 Cr) | |
| 7,24,800 shares of ₹10 (aggregating up to ₹7.39 Cr) | |
| August 19, 2025 | |
| BSE SME | |
| IPO Date | August 11, 2025 to August 13, 2025 |
| Issue Type | Bookbuilding IPO |
| Net Offered to Public | 39,14,400 shares (aggregating up to ₹39.93 Cr) |
| Reserved for | |
| Sale Type | Fresh Capital-cum-Offer for Sale |
Icodex Publishing Solutions IPO Reservation
Share Reservation Distribution
HNI (NII)
1,903,200 shares (46.19%)
Retail
1,903,200 shares (46.19%)
bNII (>₹10L)
1,268,400 shares (30.78%)
sNII (<₹10L)
634,800 shares (15.4%)
Market Maker
206,400 shares (5.01%)
QIB
108,000 shares (2.62%)
Icodex Publishing Solutions IPO Promoter Holding
| Share Holding Post Issue | 64.46% |
| Share Holding Pre Issue | 88.24% |
Icodex Publishing Solutions IPO Listing Details
| ₹102 per share |
| 544483 |
| August 19, 2025 |
| INE111601014 |
| MT |
Key Dates
Open Date:August 11
Close Date:August 13
Listing Date:August 19
