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Icodex Publishing Solutions: Icodex Publishing Solutions shares get listed at 20% discount!

News by Aliceblue News Desk

19 Aug 2025

Icodex Publishing Solutions: Icodex Publishing Solutions shares get listed at 20% discount!

Icodex Publishing Solutions had a weak listing on the BSE SME platform, debuting at ₹81.60, a 20% discount from its ₹102 issue price. The IPO bidding ran from August 11 to 13, 2025, with allotment finalized on August 14, 2025.

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Icodex Publishing Solutions IPO details

Icodex Publishing Solutions IPO was subscribed 3.95 times overall by August 13, 2025, with individual investors bidding 4.67 times, QIBs (excluding anchor) 33.08 times, and NIIs subscribing 1.58 times the offered shares.

About Icodex Publishing Solutions Ltd

Icodex Publishing Solutions Ltd, incorporated in 2018, develops software for scholarly publishing, supporting research paper workflows. It also provides business process management, including editorial, quality checks, IT services, and back-end support, catering to global academic and publishing clients.

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Icodex Publishing Solutions IPO objective

The objective of the Icodex Publishing Solutions IPO is to raise capital for business expansion, working capital requirements, and general corporate purposes, while the offer for sale allows existing shareholders to partially monetize their investment in the company.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

FAQs

Q: At what price did Icodex Publishing Solutions list on the exchange?

A: Icodex Publishing Solutions listed at ₹81.60 on the BSE SME platform, a 20% discount from its IPO issue price of ₹102.

Q: How much was Icodex Publishing Solutions IPO subscribed?

A: The IPO was subscribed 3.95 times overall, with 4.67 times in retail, 33.08 times in QIB, and 1.58 times in NII categories.

Q: What is the objective of Icodex Publishing Solutions IPO?

A: The IPO aimed to raise ₹42.03 crore, including ₹34.64 crore fresh issue for expansion and working capital, and ₹7.39 crore offer for sale.

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