ICodex Publishing Solutions IPO Marathi News: The IPO of the ICodex Publishing Solutions opened on August 7 and raised Rs 5.5 crore. The issue includes a new issue of 1.99 lakh shares to raise Rs 5.5 crore, while offering of Rs.

Icodex Publishing Solutions IPO Subscription Status

On the first day, this iPo was a good subscribe. The retail category got 5 percent, NII category 5 percent and QIB category 5 percent subscription. The next day, till 4:00 pm, this issue has been subscribed 90 times. The retail category has been booked by 5 percent, NII category 5 percent and QIB category 5 percent.

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The status of the gray market

According to market sources, the IPO of ICODEX Publishing Solutions is Rs 5 in the GMP unlisted market, which is 5.5 percent higher than the cap price. GMP has been stable at this price for the last three days.

Price belt: Rs. 3-5 per share

The price of this IPO has been fixed from Rs. 90 to Rs. Lot size for one application is 1.5 shares. The minimum investment for retail investors is Rs. 5,3,3 (5,3 shares), while HNI has the minimum lot size 5 lots (5 shares), which will be Rs.

This issue will be closed on August 7

The issue will be closed on August 7. The issue is likely to be distributed on Thursday, August 7, while the listing will take place on Tuesday, August 29 on the BSE SME platform.

Other details

Icodex Publishing Solutions Limited is involved in the business of software production for scholarly publications. The company develops software products that help in the publication of research letters and educational articles, and support the entire process from manuscript preparations to print and digital material distribution.

In the financial year 1, the company’s revenue was Rs.

The ICODX Publishing Solutions will invest Rs 1.5 crore from the net money from the IPO to buy a new office premises, Rs 1.5 crore to buy hardware for the new office and to meet the needs of the playing capital. The remaining amount will be used for general corporate purposes.

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