INDIQUBE SPACES LIMITED

23 Jul 2025 - 25 Jul 2025 Individual Category Main Board BSE NSE

Min Investment

₹14931

Price Band

₹225-₹237

Issue Size

171.48 lakhs
Equity Shares

Lot Size

63 (per lot)

IPO Dates
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23 Jul 2025

Open Date

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25 Jul 2025

Close Date

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28 Jul 2025

Allotment Date

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30 Jul 2025

Listing Date

Indiqube Spaces IPO open date is July 23, 2025, and the closing date is July 25, 2025. This upcoming IPO is a combination of a fresh issue and an offer-for-sale. This IPO offers a total issue size of 1.71 crore equity shares.Indiqube Spaces IPO price band is Rs 225 to Rs 237 per share. As of now, Indiqube Spaces IPO GMP Live quotation is at Rs 40 per share. Live IPO Grey Market Premium details will be available online. However, Indiqube Spaces IPO DRHP was filed on December 24, 2024, with SEBI.Indiqube Spaces IPO allotment status is available on July 28, 2025. Indiqube Spaces IPO lot size is 63 shares. The minimum investment for the retail investors for 1 lot is Rs 14,931. The registrar for Indiqube Spaces IPO is MUFG Intime India Private Limited. Indiqube Spaces' IPO listing date is July 3, 2025.

Know Before Investing

Strengths icon

  • Operates 115 centres across 15 cities covering 8.4 million sq. ft. of managed workspace.
  • Over a third of total space is green-certified supporting eco-conscious leasing.
  • Strong presence in Bengaluru with 65 centres across 5.43 million sq. ft.

Weaknesses icon

  • Continued net losses over FY23–FY25 despite top-line growth raise profitability concerns.
  • Nearly 89% revenue comes from just Bengaluru Pune and Chennai limiting regional spread.
  • Some lease agreements lack proper registration posing legal and enforceability risks.

About Indiqube Spaces Limited

Indiqube Spaces Limited founded in 2015 is a premier provider of managed, technology-enabled and sustainable workplace solutions in India. The company redefines the traditional office, enabling it to be customized for enhanced productivity and cost savings within its corporate headquarters and branch offices along with providing plug-and-play flexibility. Indiqube operates 115 centres across 15 cities and manages 8.40 million sq. ft. of workspace and has total seating volume of 186,719 as at March 2025.Indiqube stands out in the marketplace due to their unique "asset renovation" approach to open workspaces, leasing, and B2B/B2C value-added services to make every customer experience better. The company's office leasing strategy targets location and aims to convert Grade B and older offices into state-of-the-art, green offices. Indiqube's passion for innovation and sustainability and its solid organic expansion strategy establishes it as the preferred workspace partner of enterprises looking to achieve the cultural and economic benefits of dynamic ecosystems, creativity and collaboration.

Founded

2015

Managing Director

Rishi Das and Meghna Agarwal

Parent Organization

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IPO Objectives

IndiQube Spaces plans to utilise the proceeds from its IPO to fund capital expenditure associated with establishing new centres across various locations. A portion of the funds will also be directed towards the repayment or prepayment of existing borrowings, while the remainder will be allocated for general corporate purposes.

Company Promoters

Rishi Das

Meghna Agarwal

Anshuman Das

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0
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