icodex publishing solutions limited

icodex publishing solutions limited

IPSL • ISIN: INE111601014

BSE
SME

Listing Price: ₹81.6

-20.00% Loss
About Company

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 Expertise
Experienced Management and Leadership Team.
Strong relationship with existing customers.
End-to-end publishing solution provider in the publishing ecosystem.
Technology Focussed Business Model.

Investment Objective

Purchase of new office premises

Purchase of hardware for new office

Working capital requirement

General Corporate Purpose

₹98 to ₹102

Price Band

1.22 L

Min Investment

1200 shares

Lot Size

17.81x

P/E Ratio

Important Dates

Issue Opens

11 Aug 2025

Issue Closes

13 Aug 2025

Allotment

14 Aug 2025

Listing

19 Aug 2025

Subscription Status
QII

Qualified Institutional Investors

33.08x

3,572,400 / 108,000 shares

HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

2.03x

2,156,400 / 1,062,400 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

1.68x

1,063,200 / 634,400 shares

Retail

Retail Individual Investors

4.67x

8,884,800 / 1,903,200 shares

Financial Performance
Offer Documents
RHP
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DHRP
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Issue Details
Issue TypeFP
Face Value₹10
Lead ManagersIndcap Advisors Pvt. Ltd.
Min Quantity2,400
Max Quantity4,901
Company Promoters
Kamalakkannan Govindaraj
Chetan Shankaralal Soni
Website

https://icodexsolutions.com/

Email

cs@icodexsolutions.com

Phone+91 8856907928
Address

Icodex Publishing Solutions Ltd.
102, First Floor, Suman Business Park,
Kalyani Nagar,
Viman Nagar,
Pune, Maharashtra, 411014