Icodex Publishing Ipo
Objects of the Issue
Purchase of new office premises
Purchase of hardware for new office
Working capital requirement
General corporate purposes.
Icodex Publishing Solutions IPO Review
Canara Bank –
DRChoksey FinServ –
Emkay Global –
Hem Securities –
IDBI Capital –
Marwadi Shares –
Nirmal Bang –
SBICAP Securities –
Sharekhan –
SMC Global –
Sushil Finance –
Swastika Investmart –
Ventura Securities –
Geojit –
Reliance Securities –
Capital Market –
BP Wealth –
ICICIdirect –
Choice Broking –
IPO Lead Managers aka Merchant Bankers
Indcap Advisors Pvt. Ltd.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 2 | 2,400 | ₹2,44,800 |
| Retail Maximum | 2 | 2,400 | ₹2,44,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,67,200 |
| S-HNI Maximum | 8 | 9,600 | ₹9,79,200 |
| B-HNI Minimum | 9 | 10,800 | ₹11,01,600 |
| IPO Open Date: | August 11, 2025 |
| IPO Close Date: | August 13, 2025 |
| Basis of Allotment: | August 14, 2025 |
| Refunds: | August 18, 2025 |
| Credit to Demat Account: | August 18, 2025 |
| IPO Listing Date: | August 19, 2025 |
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2023 | ₹9.72 | ₹7.88 | ₹1.81 | ₹5.85 |
| 2024 | ₹10.99 | ₹6.54 | ₹4.40 | ₹10.67 |
| 2025 | ₹22.08 | ₹9.26 | ₹8.96 | ₹24.75 |
| KPI | Values |
| ROE: | 47.51% |
| ROCE: | 110.07% |
| EBITDA Margin: | 61.39% |
| PAT Margin: | 41.75% |
| Debt to equity ratio: | 0.16 |
| Earning Per Share (EPS): | ₹7.32 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 47.02% |
| Net Asset Value (NAV): | ₹15.56 |
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| MPS Limited | – | – | – | – | – Cr. |
| IPO Open Date: | August 11, 2025 |
| IPO Close Date: | August 13, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹98 to ₹102 Per Share |
| Issue Size: | Approx ₹42.03 Crores |
| Fresh Issue: | Approx ₹34.64 Crores |
| Offer for Sale: | Approx 7,24,800 Equity Shares |
| Lot Size: | 1,200 Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |