Identixweb IPO Allotment Status

Summary

Identixweb Limited, incorporated in 2017, is a technology company specializing in Shopify app development and custom web solutions. The Identixweb IPO comes with a total issue size of ₹16.63 crore, comprising entirely a fresh issue of 30.80 lakh shares. The IPO opened on March 26, 2025, and closed on March 28, 2025. The allotment date for the Identixweb IPO is expected to be finalized on Tuesday, April 1, 2025.
 

Steps to Check Identixweb IPO Allotment Status on Registrar Site

• Visit Skyline Financial Services Private Ltd website
• Select "Identixweb IPO" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Identixweb IPO Allotment Status on BSE

• Navigate to the BSE SME IPO Allotment Status Page
• Choose "Identixweb IPO" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Identixweb IPO Subscription Status

Identixweb IPO received strong investor interest, being subscribed 26.15 times overall. Here is a category-wise breakdown of the subscription as of 6:19:32 PM on March 28, 2025:

• Retail Category: 14.38 times
• Qualified Institutional Buyers (QIB): 11.19 times
• Non-Institutional Investors (NII): 73.46 times

As of 6:19:32 PM

Utilization of IPO Proceeds 

The funds raised through the IPO will be utilized as follows:

• Marketing: Investment in marketing to support organization's growth plans in India or Outside India
• Market Research: Investment into market research and product development through Talent Hiring for the issuer company
• Product Development: Investment in the Subsidiary for Product Development through Talent Hiring
• General Corporate Purposes: Supporting various business initiatives

Business Overview 

The company offers services including Shopify app development, web app development using PHP and React, and WordPress plugin development. With over 50 professionals, Identixweb has developed more than 35 public Shopify apps and completed over 100 projects, serving various industries such as e-commerce, fashion, fintech, and SaaS. As of February 28, 2025, the company has a total of 64 employees.