What we do Identixweb Limited is an IT company specializing in Shopify application development, e-commerce store, web and custom software development mainly servicing global clients. |
Founded in 2,017 |
Market share Emerging player in Shopify and web app development with growing prominence in export markets. |
Problem solved Helps Shopify store owners enhance functionality and optimize sales via tailor-made web applications and software solutions. |
Top clients or who we serve Serves e-commerce businesses worldwide, focusing on B2B and B2C clients requiring digital storefront solutions. |
Key management Priyankkumar Savani (Chairman and Managing Director), Ankur Lakhani (Whole-Time Director) |
Our journey and innovations Started in 2017, pivoted to IT in 2019, launched Shopify apps in 2018, recognized startup in 2020, IPO raised 16.63 crore INR in 2025. |
Where we operate India domestic market and export markets worldwide through digital product offerings. |
Top products or what we offer Shopify App Development, Node.js, PHP, React.js-based Web and Shopify apps. |
Top brands Over 10 Shopify apps focused on conversion optimization tailored to customer needs. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from SaaS-based Shopify applications and development services. |
Our industry position Growing IT firm with increasing services revenue, recognized startup status, and expanding export footprint. |
Financial highlights FY 2024-25 consolidated revenue Rs 9.09 Cr, net profit Rs 3.72 Cr, revenue growth over 34% yoy. |
Geographical revenue split Domestic revenue Rs 6.33 Cr, export revenue Rs 2.76 Cr in FY 2024-25. |
Order book - |
Whats driving growth Rising demand for Shopify customization, digital transformation, increased exports, and new product launches. |
Our future plans Focus on scaling SaaS offerings, expanding subsidiary operations, and utilizing IPO proceeds for growth. |
Our green promise - |
Our people and values Balanced board with executive and independent directors; culture focused on innovation, compliance, and ethics. |
Key challenges ahead Scaling operations while maintaining innovation and navigating competitive IT services market. |
Interesting facts First digital product launched in 2018; IPO in March 2025 successfully raised fresh equity capital. |
Risks and strategy Mitigates risks via diversification of services, strong governance, and continuous product innovation. |
