Identixweb Ltd - IPO

Identixweb Ltd IPO Details

Initial public issue of 30,80,000 equity shares of face value of Rs. 10/- each of Identixweb Limited (Identixweb or the Company or the Issuer) for cash at a price of Rs. 54/- per equity share including a share premium of Rs. 44/- per equity share (the Issue Price) aggregating to Rs. 16.63 crores (the Issue), of which 1,54,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 54/- per equity share including a share premium of Rs. 44/- per equity share aggregating to Rs. 0.83 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e. net issue of 29,26,000 equity shares of face value of Rs. 10/- each at a price of Rs. 54/- per equity share including a share premium of Rs. 44/- per equity share aggregating to Rs. 15.80 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 29.50 % and 28.02 %, respectively, of the post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each.

Objective of issue

Investment in marketing to support organization's growth plans in India or Outside India. Investment into market research and product development through Talent Hiring for the issuer company. Investment in its subsidiary for Product Development through Talent Hiring. General Corporate Purposes.

Identixweb Ltd Contact Details

Identixweb Ltd, D-153/A 1st Flr, Okhla Industrial Are, Phase-I, New Delhi-110020

Phone - 91-11-26812682

Fax - 91-11-30857562

Email - compliance@identixweb.com

Website - www.identixweb.com