Identixweb Limited's ₹16.63 crore SME IPO opens for subscription today, March 26, 2025, and will close on March 28. The company is offering 30.8 lakh fresh equity shares priced between ₹51-54 each. Investors can apply for a minimum lot of 2,000 shares, requiring an investment of ₹108,000 at the upper price band. The IPO proceeds will fund marketing, research, and product development initiatives. Allotment is expected on April 1, with listing on BSE SME planned for April 3. This tech company, specializing in Shopify app development and custom websites, aims to capitalize on the growing demand for digital solutions. The current grey market premium (GMP) stands at zero, typical for recent SME IPOs.
Source: Economic Times, Upstox