Icodex Publishing Solutions IPO Subscription, GMP, Details & Reviews

Posted by : sachet | Wed Aug 13 2025

Icodex Publishing Solutions IPO Subscription, GMP, Details & Reviews

Here is the final call for the Icodex Publishing Solutions IPO launched on 11th August 2025. The issue will be closed for bidding today, on 13th August 2025. The primary aim of the Icodex Publishing Solutions IPO is to raise ₹42.03 crores from the market. Also, the Icodex Publishing Solutions IPO has received an impressive level of subscription, which indicates that shares will be listed at an impeccable premium. Scroll down to check the Icodex Publishing Solutions IPO subscription and details. 

Icodex Publishing Solutions IPO Details 

IPO Open Date11th August 2025
Face Value ₹10 per share
Price Band₹98 to ₹102 per share
Lot Size1,200 shares
Issue TypeBookbuilding IPO
Listing AtBSE & SME
IPO Close Date 13th August 2025
Listing Date 19th August 2025

The price band for the Icodex Publishing Solutions IPO has been prescribed as Rs 98 to ₹102 per share, and 41,20,800 in total shares are to be issued. Let’s segregate the share quota fixed for different categories of investors. 

CategoriesShares Offered
Market Maker Shares Offered2,06,400
QIB Shares Offered1,08,000
NII (HNI) Shares Offered19,03,200
Retail Investors19,03,200

Icodex Publishing Solutions IPO Subscription Status

As of now, the Icodex Publishing Solutions IPO has been subscribed 1.26 times. Of these, 1.67 times are subscribed by retail investors, 0.86 times by non-institutional investors, and 1.03 times by QII (Qualified Institutional Investors).  

The healthy subscription status indicates that investors are expecting higher returns at the time of the Icodex Publishing Solutions IPO listing on 19th August 2025. Icodex Publishing Solutions also has a positive outlook behind the fresh issue of 0.34 crore shares to raise around Rs 42.03 crore.

Icodex Publishing Solutions IPO GMP Today

We know that higher subscriptions encourage grey market premiums for the IPOs. Let’s explore the Icodex Publishing Solutions IPO GMP for 11th August 2025. 

The grey market premium for this IPO is 6.86% or Rs 7 per share. It indicates that the estimated listing price per share is Rs 109. Numerous factors played a pivotal role in this jump in the Icodex Publishing Solutions IPO GMP. These include higher subscriptions received, positive market sentiments, and investors’ positive attitude towards IPO. 

About Icodex Publishing Solutions Ltd.

Icodex Solutions was incorporated in 2018 is operates in the business of software product development that provides products and services to the scholarly publishing industry. They offer technology-driven solutions that include ERP, SAAS to operate business operations smoothly. Icodex Publishing Solutions has experienced promoters and a management team that specialises in the area. Icodex Publishing Solutions Limited has raised an IPO for the utilisation of funds for the expansion of the publication industry and to generate revenue.

Financial Performance

Assess the financial performance of the company for the past three years to get an idea of the Icodex Publishing Solutions IPO listing expectations. 

Year Ended31st March 2025 (in cr.)31st March 2024 (in cr.)31st March 2023 (in cr.)
Assets24.7510.675.85
Revenue22.0810.999.72
Profit After Tax8.964.401.81
EBITDA13.434.261.95
Reserve and surplus19.058.594.19
Total Borrowing6.818.594.19

Technical Indicators

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technical aspects of the Icodex Publishing Solutions IPO.

Key IndicatorsValue
PE Ratio (Price-to-Earnings) 13.94
EPS (Earnings Per Share)7.32
RoNW47.02%
ROCE110.07%
ROE47.51%
EBITDA Margin61.39%
Price to Book Value14.25
Market Capitalisation₹159.50 Cr

Icodex Publishing Solutions IPO Listing Expectations

Icodex Publishing Solutions Highlights IPO allotment is still pending as the bid will be closed today. However, as per the current GMP or market sentiments, it is appropriate to expect higher listing gains from the share. A jump of 6.86% in Icodex Publishing Solutions Highlight GMP indicates that the estimated listing price per share will be somewhere around Rs 109.

It will provide higher listing gains to investors who applied for this IPO. Also, the financial fundamentals of this business made it the experts’ best recommendation for the long term. 

Icodex Publishing Solutions IPO Dates

IPO Open Date11th August 2025
IPO Close Date13th August 2025
Allotment14th August 2025
Refund Date18th August 2025
IPO Listing Date19th August 2025

Note: It is to be noted that IPO GMP is volatile based on market sentiment. Hence, one should conduct their research before investing in it.

Recent Articles

Finolex Cables Q1 Results FY26: Q1 PAT Falls 33.33% to ₹162.62 Crore; Revenue Up 13.41% YoY

Abbott India Q1 Results FY26: Q1 PAT Rises 11.54% to ₹365.86 Crore; Revenue Up 11.60% YoY

Jyothy Labs Q1 Results FY26: Q1 PAT Falls 4.95% to ₹96.73 Crore; Revenue Up 1.35% YoY

Zydus Lifesciences Q1 Results FY26: Q1 PAT Rises 3.30% to ₹1,466.80 Crore; Revenue Up 5.90% YoY

Bombay Burmah Trading Q1 Results FY26: Q1 PAT Soars 8.28% to ₹240.70 Crore; Revenue Up 8.73% YoY

Alkem Laboratories Q1 Results FY26: Q1 PAT Rises 21.85% to ₹664.26 Crore; Revenue Up 11.19% YoY

Natco Pharma Q1 Results FY26: Q1 PAT Falls 28.09% to ₹480.70 Crore; Revenue Down 2.47% YoY

Hindalco Q1 Results FY26: Q1 PAT Rises 30.00% to ₹4,004.00 Crore; Revenue Up 13.00% YoY

icon

100% Safe & Secure Platform.

Univest encrypts all data and transactions to ensure a completely secure experience for our members.

Copyright

2025 Univest. All rights reserved. | Designed with ❤️ in India
About Univest
About: Univest is a cutting-edge stock market platform designed to help traders and investors maximize their returns with expert-driven advisory services and seamless trading execution. Whether you're a seasoned trader or just starting, Univest simplifies your investment journey with actionable trade recommendations, AI-powered portfolio insights, and a fully integrated brokerage experience. With Univest, you gain access to proven stock market advisory, offering expert trade ideas for stocks, futures, options, and commodities. Our one-click trade execution feature eliminates slippage, ensuring instant execution through our advisory-first brokerage. Smart portfolio management allows you to identify underperforming stocks, optimize your investments, and receive real-time alerts. Additionally, Univest provides seamless investment opportunities beyond stocks, including mutual funds, bonds, fixed deposits, and insurance (coming soon). Join over 40 lakh active investors who trust Univest to make informed and profitable trading decisions. Start investing smarter today! 🚀  
Attention Investors : To ensure a smooth trading experience and prevent unauthorized transactions, investors must update their mobile number and email ID with their stockbroker or depository participant. As per regulatory requirements, investors are required to pay a stipulated amount as an upfront margin for trading in the Cash/FO segment. We encourage all investors to regularly check their securities in the Consolidated Account Statement (CAS) issued by depository to verify their holdings.Always verify alerts and transaction details received directly from the exchange or NSDL before proceeding with any trades. Please do not make payments through unverified email links, WhatsApp, or SMS. Always trade through a registered stockbroker and verify all details before making financial decisions.
 
Disclaimer: Investments in the securities market are subject to market risks. Please read all related documents carefully before investing. Brokerage will not exceed the SEBI prescribed limit. For more disclaimer /disclosure, visit https://univest.in/stock-broker or Univest App.We collect and use your contact information for legitimate business purposes, including providing updates on our products and services. We do not sell or rent your contact information to third parties. By submitting your details, you authorize us to contact you via Call/SMS, even if you are registered under DND. This authorization remains valid for 12 months.For grievances, please contact us at hello@unibrokers.in .
 
Univest Stock Broking Disclosures
Univest Stock Broking Private Limited - SEBI Reg. No. INZ000317437 (Stock Broker), NSE TM Code: 90392, BSE TM Code: 6866, MCX TM Code: 57290 and ICCL- Self Clearing Member Code: 6866, SEBI Reg. No. IN-DP-779-2024 (Participant), NSDL DP ID: IN304748.
 Risk Disclosures on Derivatives
1. 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
2. On an average, loss makers registered net trading loss close to ₹ 50,000
3. Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
4. Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Attention Investors: As per NSE circular dated July 6, 2022: https://nsearchives.nseindia.com/content/circulars/INSP52900.pdf, BSE circular dated July 6, 2022: https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20220706-55, MCX circular dated July 11, 2022: https://www.mcxindia.com/docs/default-source/circulars/english/2022/july/circular-418-2022.pdf?sfvrsn=9401991_0, investors are cautioned to abstain them from dealing in any schemes of unauthorised collective investments/portfolio management, indicative/ guaranteed/fixed returns / payments etc. 
Investors are further cautioned to avoid practices like:
a. Sharing 
i) trading credentials – login id and passwords including OTPs.
ii) trading strategies,
iii) position details.
b. Trading in leveraged products /derivatives like Options without proper understanding, which could lead to losses.
c. Writing/ selling options or trading in option strategies based on tips, without basic knowledge and understanding of the product and its risks.
d. Dealing in unsolicited tips through platforms like Whatsapp, Telegram, Instagram, YouTube, Facebook, SMS, calls, etc.
e. Trading / Trading in “Options” based on recommendations from unauthorised / unregistered investment advisors and influencers.
 Kindly read the Advisory Guidelines For Investors as prescribed by the Exchange with reference to their circular dated 27th August, 2021 regarding investor awareness and safeguarding client’s assets: https://nsearchives.nseindia.com/content/circulars/INSP49434.pdf
Kindly, read the advisory as prescribed by the Exchange with reference to their circular: NSE/ISC/51035 dated January 14, 2022 regarding Updation of mandatory KYC fields by March 31, 2022: https://www.nseindia.com/resources/exchange-communication-circulars# 
Attention Investors: Prevent unauthorised transactions in your Demat account by updating your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your Demat account directly from NSDL on the same day. Prevent unauthorised transactions in your Trading account by updating your mobile numbers/email addresses with your stock brokers. Receive information on your transactions directly from the Exchange on your mobile/email at the end of the day. Issued in the interest of investors. KYC is a one-time exercise while dealing in securities markets - once KYC is done through a SEBI-registered intermediary (Broker, DP), you need not undergo the same process again when you approach another intermediary. As a business, we don’t give stock tips and have not authorised anyone to trade on behalf of others. If you find anyone claiming to be part of Univest Stock Broking Private Limited and offering such services, please send us an email at hello@unibrokers.in
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor’s account.
Update your email ID and mobile number with your stockbroker/depository participant and receive an OTP directly from the depository on your registered email ID and/or mobile number. Check your securities/mutual funds/bonds in the Consolidated Account Statement (CAS) issued by NSDL every month.
Attention Investors: SEBI has established an Online Dispute Resolution Portal (ODR Portal) for resolving disputes in the Indian Securities Market. This circular streamlines the existing dispute resolution mechanism, offering online conciliation and arbitration, benefiting investors and listed companies https://www.sebi.gov.in/legal/circulars/jul-2023/online-resolution-of-disputes-in-the- indian-securities-market_74794.html. ODR portal for Investors - https://smartodr.in/login.
Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.
General
arrow down