214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

Icodex Publishing Solutions IPO (Icodex Publishing Solutions Limited IPO) Detail

Icodex Publishing Solutions Limited is an Information Technology based company, located in Pune, Icodex Publishing Solutions Limited IPO size was 42.03 Cr. and was issued at 102.00 per share. The share of Icodex Publishing Solutions Limited were listed at 81.60 per share and are currently trading at 46.29 per share.

Type :
Sub Sector : Software Products To The Scholarly And Academic Publishing Industry
SME IPO
BSE SME

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
43.74 Cr.

PAT :
17.90 Cr.

Pricing Report

Issue Price :
102.00

Listing Price :
81.60

Current Market Price :
46.29

Issue Price vs CMP :
55.71 (54.62%)

listing Price vs CMP :
35.31 (43.27%)

Performance Report (CAGR* wise)

CAGR : -99.61
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About Icodex Publishing Solutions

Company Information
Icodex Publishing Solutions was incorporated in 2018 with a focus to provide software products to the scholarly and academic publishing industry. Since inception, the Company is engaged in the business of Software Product Development for Scholarly Publishing. Their Software products help in publication of research papers, studies and academic articles; that help researchers, academicians, and scholars in their field of work. They specialize in a developing and providing publishing products and software, which support the publishing process, i.e., from manuscript preparation till print and digital content distribution. The Company also provides Business Process Management services that support the publishing process with activities like Quality assurance checks, editorial services and back-end support to their Global Publishing Client. Their Company also provides IT support services which includes
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Object of Issue
  • Working Capital requirements
  • General Corporate Purposes
  • Offer for Sale

Icodex Publishing Solutions SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Aug, 2025
IPO Size :
42.03 Cr.
Market Cap :
159.50 Cr.   
IPO Subscription :
3.95 X     
PE Multiple :
17.81
Anchor Investors:
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FAQs

Icodex Publishing Solutions operates in Information Technology and Software Products To The Scholarly And Academic Publishing Industry. The Issue is listed on BSE SME in Aug, 2025. Icodex Publishing Solutions IPO size was 42.03 Cr. with Issue price of 102.00 .

Icodex Publishing Solutions IPO subscription was 3.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Icodex Publishing Solutions IPO listed at a listing price of 81.60 against the offer price of 102.00.

The current market price of Icodex Publishing Solutions is 46.29.

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