Icodex Publishing Solutions IPO

Icodex Publishing Solutions Limited specialises in Software Product Development for Scholarly Publishing, creating tools that streamline the journey from manuscript submission to print and digital distribution. The company also delivers Business Process Management (BPM) services such as quality assurance, editorial support, and IT assistance—including hardware setup and backend operations—to support global publishing clients. Its business spans three key segments: Software Product Development for publishing and other sectors, offering SaaS tools like automation systems and ERP solutions; BPM for the publishing industry, including AI-led quality checks, editorial services, invoice handling, and print distribution; and Application Support and IT Management, which covers infrastructure, server management, and system configuration for client operations.

Icodex Publishing Solutions IPO Overview

Icodex Publishing Solutions IPO is a book-built issue worth ₹42.03 crores, comprising a fresh issue of 33.96 lakh shares aggregating to ₹34.64 crores and an offer for sale of 7.25 lakh shares amounting to ₹7.39 crores. The IPO opens for subscription on August 11, 2025, and closes on August 13, 2025, with the allotment expected to be finalised on August 14, 2025. The shares are proposed to be listed on the BSE SME platform, with a tentative listing date of August 19, 2025. The price band is set between ₹98 and ₹102 per share, and the lot size is 1,200 shares. For retail investors, the minimum investment required is ₹2,35,200 for 2,400 shares, while High Net-worth Individuals (HNIs) must invest in a minimum of three lots, i.e., 3,600 shares amounting to ₹3,67,200. Indcap Advisors Pvt. Ltd. is the book-running lead manager, Cameo Corporate Services Limited is the registrar to the issue, and Giriraj Stock Broking Private Limited acts as the market maker.

Icodex Publishing Solutions IPO Details

Icodex Publishing Solutions IPO Reservation

Icodex Publishing Solutions IPO Lot Size

Icodex Publishing Solutions IPO Promoter Holding

Icodex Publishing Solutions IPO Valuation Overview

Objectives of the Proceeds

• Purchase new office premises – ₹16.70 crore

• Purchase hardware for new office – ₹1.12 crore

• Working capital requirement – ₹5.20 crore

• General corporate purpose – Unspecified amount

Key Financials (in ₹ Crores)