The Icodex Publishing Solutions IPO will open on August 11, 2025, and close on August 13, 2025. This IPO is a Book Build Issue, through which the company plans to raise approximately ₹42.03 crores, including a fresh issue of ₹34.64 crores and an offer for sale of up to 7,24,800 equity shares with a face value of ₹10 each.

The price band for the IPO is set between ₹98 and ₹102 per share. The issue is allocated with 35% reserved for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High Net-Worth Individuals (HNIs). The IPO is expected to be listed on the BSE on August 19, 2025, and the allotment date is scheduled for August 14, 2025.

In terms of financial performance, the company posted a revenue of ₹22.08 crores in 2025, up from ₹10.99 crores in 2024. Its profit also increased to ₹8.96 crores in 2025 from ₹4.40 crores in the previous year. Based on these financials, the IPO appears to be a suitable option for long-term investment.

About Icodex Publishing Solutions IPO

Icodex Publishing Solutions Limited, founded in 2018, is one of the leading companies involved in the business of Software Product Development for Scholarly Publishing. The company makes software that helps with publishing research papers and academic articles. From manuscript preparation to print and digital content distribution, the company supports the entire process. Icodex Publishing provides various services, including Business Process Management services, including quality assurance, editorial services, and back-end support, to assist global publishing clients throughout the publishing process. The company includes 116 employees as of January 31, 2025. Moreover, Icodex offers Software-as-a-Service (SaaS) to a major U.S. publishing client that will help authors, publishers, and peer reviewers with AI-powered automation tools.