Icodex Publishing Solutions Limited · BSE:ICODEX
Icodex Publishing Solutions — IPO Roadshow (August 2025)
31 slides from Icodex Publishing Solutions's IPO roadshow presentation, August 2025
Slide 1: Icodex Publishing Solutions Limited Investor Presentation
Icodex Publishing Solutions Limited Investor Presentation
Slide 2: Disclaimer
Disclaimer This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute prospectus or placement memorandum or an offer to acquire any securities. No representation or warranty, express or implied is made as to, and no relia
Slide 3: Company Overview
Company Overview a ary aa Oo — ~~ = =O 7 =
Slide 4: Empowering Innovation through Technology
Icodex Publishing Solutions Limited – Empowering Innovation through Technology Icodex Publishing Solutions Limited, (Icodex, The Company) incorporated in 2018, focuses on delivering software products to the scholarly and academic publishing industry. Since its inception, the company has been engaged
Slide 5: Guiding Minds Behind Publishing Innovation
Guiding Minds Behind Publishing Innovation Mr. Kamalakkannan Mr. Chetan Shankarlal Govindaraj Soni Promoter, Chairman & Promoter & Whole Time Managing Director Director He holds a Bachelor's degree in Electrical and Electronics He holds a B.E. in Electrical Engineering from the University of Pune an
Slide 6: Members of Our Board
Members of Our Board Mr. Anand Pravin Mr. Venkata Mrs. Shilpa Kiran Pande Subbarao Kalva Gududur Non-Executive Director Independent Director Independent Director Investor Presentation 6
Slide 7: Business Overview
Business \——_—~ or == Overview
Slide 8: Business Verticals
Business Verticals 1. SOFTWARE PRODUCT DEVELOPMENT - PUBLISHING & OTHER INDUSTRIES i. Software-as-a-Service for Publishing Industry ii. Software development for Others Icodex operates as a software service provider for a Global Publishing • ERP Management System: Company based in the US. The platfor
Slide 9: Business Verticals
Business Verticals 2. BUSINESS PROCESS MANAGEMENT FOR THE 3. APPLICATION SUPPORT & IT MANAGEMENT PUBLISHING INDUSTRY i. Quality Assurance Checks Icodex provides end-to-end quality checks to ensure content meets the required standards, using both manual and AI-driven processes. i. IT Infrastructure M
Slide 10: Software Products Developed For The Publishing Industry
Software Products Developed For The Publishing Industry iCAPP (Innovative Comprehensive Automated Publishing Platform): An in-house developed cloud-based publishing workflow solution that streamlines the publishing workflow, from Communication Management to final production. It integrates communicat
Slide 11: Software Products Developed For The Publishing Industry
Software Products Developed For The Publishing Industry iCE (Intelligent Mechanical and Technical Editing System): An automated tool that converts Word manuscripts into structured XML, streamlining mechanical and technical editing for consistent and accurate output. iLang: An AI-powered platform for
Slide 12: Products wise Revenue Distribution
Products wise Revenue Distribution FY25 In % In % In % FY24 FY23 5.64 6.74 17.28 44.81 41.92 49.55 51.34 58.30 24.42 Software Product Development Business Process Management Application Support and IT Management In ₹ Lakhs Particular FY25 FY24 FY23 Software Product Development 378.00 466.05 399.74 B
Slide 13: Industry Overview
Industry Overview
Slide 14: Global Publishing Industry
Global Publishing Industry At CAGR (2023-2028) 1.20% Projected value by 2028, $ 19.37 Billion Market Trends Market Drivers o Rising Demand for Diverse Content o Diverse Content Drives Demand Growing emphasis on representation and inclusivity is driving self-publishing, Publishers are expanding offer
Slide 15: Indian Publishing Industry
Indian Publishing Industry Projected Market Value At CAGR Market Value in 2019 (2020-2026) in 2024 $6.00 Billion 10.30% $9.00 Billion Market Future Trends o Digital Transformation and E-Publishing o Sustainability and Eco-friendly Practices There has been robust expansion in the consumption of e-boo
Slide 16: Financial Overview
Financial “———_- or == Overview
Slide 17: Financial Highlights
Financial Highlights Revenue from Operations EBITDA EBITDA Margin PAT PAT Margin 2,500.00 1,600.00 80 .0 0 2,187.74 1,342.99 1,400.00 70.00 1,000.00 60 .0 0 2,000.00 61.39 1,20 0.00 60 .0 0 90 0.00 895.62 50 .0 0 80 0.00 1,000.00 50 .0 0 40.56 1,500.00 700.00 40.02 40 .0 0 40.97 6 00.00 80 0.00 40 .
Slide 18: Profit & Loss Statement
Profit & Loss Statement In ₹ Lakhs Particulars FY25 FY24 FY23 Revenue from Operations 2,187.74 1,040.07 953.67 Other Income 20.14 58.55 18.09 Total Income 2,207.88 1,098.62 971.76 Employee costs 596.39 517.04 607.36 Finance Costs 22.17 4.00 1.02 Depreciation 59.21 36.06 27.67 Other expenses 248.35 9
Slide 19: Balance Sheet
Balance Sheet In ₹ Lakhs Equities & Liabilities FY25 FY24 FY23 Assets FY25 FY24 FY23 Share Capital 1,224.10 0.10 0.10 Non Current Assets Reserves & Surplus 680.55 858.93 419.23 Fixed Assets 1,420.62 399.72 129.82 Net Worth 1,904.65 859.03 419.33 Non Current Liabilities Long Term Loans & Advances 0.0
Slide 20: Cash Flow Statement
Cash Flow Statement In ₹ Lakhs Particulars FY25 FY24 FY23 Cash Flow From Operating Activities 635.22 380.96 127.34 Cash Flow From Investing Activities (921.97) (326.12) (109.60) Cash Flow From Financing Activities 344.19 82.77 1.07 Net Increase/(Decrease) In Cash & Cash 57.44 137.61 18.81 Equivalent
Slide 21: Key Ratios
Key Ratios Earnings Per Share In ₹ Net Asset Value Per Share In ₹ 7.32 15.56 3.66 7.16 1.51 3.49 FY23 FY24 FY25 FY23 FY24 FY25 Investor Presentation 21
Slide 22: Offer Overview
Offer We = < = Overview s = ——§ e o @ 2 2 = (e} 2
Slide 23: Offer Details
Offer Details Issue Opening Monday, 11th August, 2025 Issue Closing Wednesday, 13th August, 2025 Total Issue Up To 41,20,800 Equity Shares Fresh Issue Up to 33,96,000 Equity Shares (34.64 Cr) Offer for Sale (OFS) Up to 7,24,800 Equity shares (7.39 Cr) Face Value ₹ 10/- Each Issue Size ₹ 42.03 Cr (At
Slide 24: Offer Structure
Offer Structure QIB Not more than 1,08,000 Equity Shares NII Not less than 19,03,200 Equity Shares Individual Investors Portion Not less than 19,03,200 Equity Shares Market Maker Up to 2,06,400 Equity Shares Pre Offer Equity Shares 1,22,41,020 Equity Shares Post Offer Equity Shares 1,56,37,020 Equit
Slide 25: Shareholding Pattern
Shareholding Pattern Pre Offer Holding Promoter & Promoter Group 1,08,00,900 Equity Shares 88.24% Public 14,40,120 Equity Shares 11.76% Post Offer Holding Promoter & Promoter Group 1,00,76,100 Equity Shares 64.44 % Public 55,60,920 Equity Shares 35.56 % Investor Presentation 25
Slide 26: Objects Of The Offer
Objects Of The Offer Offer For Sale: 7,24,800 Equity Share of Face value ₹ 10 Amounting To [●] Offer Proceeds Particulars ₹ In Lakhs Gross Proceeds From The Issue (At Upper Band) Up To [●] Less: Issue Related Expenses [●] Net Proceeds Of The Issue To The Company [●] Utilization Of The Net Proceeds P
Slide 27: The Path Ahead
The Path Ahead
Slide 28: Our Strengths
Our Strengths Technology Focused Business Model: • Utilizes advanced End to end publishing technology and agile solution provider in the methods for efficient and Strong relationship with publishing ecosystem: adaptable product existing customers: development. • The company provides end- Experienced
Slide 29: Growth Strategy
Growth Strategy i. To Empower India's Research Ecosystem Icodex is addressing a key infrastructure gap in India’s research publishing ecosystem. While Indian researchers often seek international platforms for credibility, domestic institutions lack the advanced technology and systems needed to suppo
Slide 30: Growth Strategy
Growth Strategy iii. To Revolutionize Research Publishing with Technology Icodex is transforming India’s research publishing landscape by equipping institutions with cutting-edge technology. Our flagship platforms—iCAPP and PaperPerfect—address critical challenges, empowering Indian researchers and
Slide 31: Thank You
Thank You Icodex Publishing Solutions Limited Indcap Advisors Private Limited Address: 102, First Floor, Suman Business Address: Suite# 1201, 12th Floor, Aurora Park, Kalyani Nagar, Viman Nagar, Pune, Waterfront, GN 34/1, Sector V, Salt Lake City Maharashtra, India, 411014 Kolkata 700091 Phone: +91
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