Sharescart Research Club logo
Products
Research
Tools
About
ChatGPT Claude Perplexity
Summarize with
ChatGPT Claude Perplexity
Join Channel
Apollo Green₹ 60 (-3.2%)Axles India₹ 525 (6.1%)Bira ₹ 108 (0%)CIAL ₹ 438 (0%)CSK ₹ 268 (8.1%)ESDS Software₹ 448 (-3.7%)Garuda Aerospace₹ 485 (-2%)GFCL EV₹ 42 (0%)HDFC Securities₹ 8950 (-0.6%)Hella Infra₹ 110000 (-2.2%)Hero Fincorp₹ 1075 (2.4%)HPX India₹ 28 (7.7%)Incred Holdings₹ 152 (-1.3%)India Carbon₹ 895 (0%)Indian Potash₹ 2850 (1.8%)Inox Clean₹ 725 (-8.8%)Insolare Energy₹ 185 (0%)Matrix Gas₹ 16 (0%)Motilal Oswal₹ 12.95 (17.7%)MSEI ₹ 6.25 (-7.4%)Nayara Energy₹ 1200 (0%)NCDEX ₹ 398 (-1.7%)NeRL ₹ 58 (0%)NSE ₹ 1965 (4.2%)Onix Renewable₹ 66 (13.8%)Orbis Financial₹ 408 (0.7%)OYO ₹ 24 (0%)Pharmeasy ₹ 6.25 (-3.8%)Polymatech Electronics₹ 62 (-3.1%)RRP S4E₹ 168 (-15.2%)SBI Mutual₹ 775 (0%)Ticker Ltd₹ 32 (0%)Zepto ₹ 49 (-9.3%)

15 Days Price Change

Icodex Publishing IPO

Closing In

  • days
  • Hours
  • Minutes
  • Seconds

WEBSITE Inc. Year: 2018 Industry: IT - Software Listed Page

Profile
Issue Size 42.03 Cr
Profile
Price Range 98  to  102 per share
Profile
Min Investment ₹102
Profile
Lot Size 1
Profile
Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

Buy unlisted shares early and participate in the growth before public listing.

Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Our Company was incorporated in 2018 with a focus to provide software products to the scholarly and academic publishing industry. Since inception, our Company is engaged in the business of Software Product Development for Scholarly Publishing. Our Software products help in publication of research papers, studies and academic articles; that help researchers, academicians, and scholars in their field of work. We 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. Our 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 our Global Publishing Client. Our Company also provides IT support services which includes installation of all kinds of hardware and peripherals and back-end support. Read More

Basic Info

Face Value 10 per share

Price 98  to  102 per share

P/E (x) 14

Sales( Cr.) 22

PAT( Cr.) 9

EPS 7.3

Draft Prospectus

Exchange BSE-SME

Promoter

Company Promoters

Kamalakkannan Govindaraj Chetan Shankarlal Soni

Pre Issue Share Holding 88.24%

Post Issue Share Holding 64.44%

Listing Details:

Listing Price: 81.6

Listing Gain: -25%

Current Price: 45

Gain On Issue: 45 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Aug 11, 2025
Closing Date Aug 13, 2025
Allotment Aug 14, 2025
Refund Aug 15, 2025
Delivery of Shares Aug 15, 2025
Listing Date Aug 18, 2025

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 2400 244,800
Retail (Max) -- -- --
S-HNI (Min) 1 2400 244,800
S-HNI (Max) 4 9600 979,200
B-HNI (Min) 5 12000 1,224,000

Objective of the Issue

1. Capital Expenditure a) Purchase of new office premises b) Purchase of hardware for new office 2.Working Capital requirements of our Company 3.General Corporate Purposes

Issue

Category Nos Bid Bid (x)
QIB 108000 3572400 33.1x
NII 2109600 3219600 1.5x
Retail 1903200 8884800 4.7x
EMP 0 0 0x
Total 4120800 15676800 3.8x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Icodex Publishing Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 8 10 10 22
Other Income 0 0 1 0
Total Income 8 10 11 22
Total Expenditure 6 8 6 8
Operating Profit 2 2 5 14
Interest 0 0 0 0
Depreciation 0 0 0 1
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 2 2 4 13
Provision for Tax 0 0 0 4
Profit After Tax 1 2 4 9
Adjustments 0 0 0 0
Profit After Adjustments 1 2 4 9
Adjusted Earnings Per Share 1.1 1.5 3.7 7.3

Icodex Publishing Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 4 9 19
Minority's Interest 0 0 0 0
Borrowings 0 0 0 0
Other Non-Current Liabilities 0 0 0 1
Total Current Liabilities 1 2 2 5
Total Liabilities 4 6 11 25
Fixed Assets 1 1 1 5
Other Non-Current Assets 0 1 5 9
Total Current Assets 3 4 5 11
Total Assets 4 6 11 25

Icodex Publishing Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 2 3
Cash Flow from Operating Activities 1 1 4 6
Cash Flow from Investing Activities -0 -1 -3 -9
Cash Flow from Financing Activities 0 0 1 3
Net Cash Inflow / Outflow 1 0 1 1
Closing Cash & Cash Equivalent 1 2 3 4

Icodex Publishing Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.07 1.51 3.66 7.32
CEPS(Rs) 0 0 0 7.8
DPS(Rs) 0 0 0 0
Book NAV/Share(Rs) 1.98 3.49 7.16 15.56
Core EBITDA Margin(%) 21.47 20.43 40.97 61.39
EBIT Margin(%) 20.27 19.42 43.13 59.6
Pre Tax Margin(%) 20.27 19.32 42.74 58.59
PAT Margin (%) 15.74 19 42.28 40.94
Cash Profit Margin (%) 17.43 21.9 45.74 43.64
ROA(%) 33.48 37.37 53.23 50.57
ROE(%) 54.06 55.11 68.79 64.81
ROCE(%) 69.62 56.17 65.56 82.78
Receivable days 53.6 57.7 55.93 52.67
Inventory Days 0 0 0 0
Payable days 0 0 0 0
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) -0.18 -0.17 -0.21 0.53
EV/Core EBITDA(x) -0.83 -0.78 -0.45 0.85
Net Sales Growth(%) 0 16.62 9.06 110.35
EBIT Growth(%) 0 11.73 142.16 190.69
PAT Growth(%) 0 40.73 142.69 103.69
EPS Growth(%) 0 40.73 142.69 99.7
Debt/Equity(x) 0 0.01 0.1 0.16
Current Ratio(x) 2.1 2.47 2.58 2.03
Quick Ratio(x) 2.1 2.47 2.58 2.03
Interest Cover(x) 0 181.6 112.14 58.81
Total Debt/Mcap(x) 0 0 0 0

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 120% 40% 0% 0%
Operating Profit CAGR 180% 91% 0% 0%
PAT CAGR 125% 108% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR NA% NA% NA% NA%
ROE Average 65% 63% 61% 61%
ROCE Average 83% 68% 69% 69%

Company Contact Information

Icodex Publishing Solutions Ltd.

Mohini Ajay Talhar Company

+91 8856907928

cs@icodexsolutions.com

Vistacore Building, 3rd Floor Plot No 29 Kalyani Nagar

IPO Lead Manager(s)

Icodex Publishing Solutions Ltd.

Indcap Advisors Pvt Ltd.

Registrar Info

Icodex Publishing Solutions Ltd.

Cameo Corporate Services Ltd

Subramanian Buildings No 1 , Club House Road,,Chennai

044-28460390/28460394

044-28460129

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

Wealth Icon
Don’t Miss Out on Unlisted Shares

Open your account today and gain instant access to top unlisted shares and pre-IPO opportunities.

whatsapp

Please Login!

Click to Login
OR
Get free Account

Error!