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Indiqube Spaces Ltd. IPO
NSE & BSE Bookbuilding IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹237
Issue Price
₹237
Face ₹1
GMP
+₹0
+0% premium
Est. Listing
₹237
GMP based
Lot Size
63
shares / lot
Min Amount
₹14,931
1 lot · 63 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
23 Jul 2025
Wed Completed
Done
Close Date
25 Jul 2025
Fri Completed
Done
Allotment
28 Jul 2025
Mon Completed
Done
Refund
29 Jul 2025
Tue Completed
Done
Demat Credit
29 Jul 2025
Tue Completed
Done
Listing Date
30 Jul 2025
Wed Completed
UPI Deadline: 25 Jul 2025
Issue Details
Pricing & Size
Issue Price
₹237 Face ₹1
Lot Size
63 shares
Min Investment
₹14,931
Total Issue Size
2,95,42,340 shares (aggregating up to ₹700.00 Cr)
IPO Information
Issue Type
Bookbuilding IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE & BSE
Script / Ticker
-
Allocation Breakdown
Market Maker
-
QIB Portion
2,21,04,431 (74.82%)
NII / HNI
44,20,885 (14.96%)
Retail
29,47,257 (9.98%)
Employee
69,767 (0.24%)
Net Offer to Public
-
Shareholding Pattern
Pre-Issue Shareholding
18,25,78,871 shares
Post-Issue Shareholding
21,00,11,507 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 63 ₹14,931
HNI / NII 14 882 ₹2,09,034
bHNI / bNII 67 4,221 ₹10,00,377
Objects of Issue
3 objectives
1
1 Funding capital expenditure towards establishment of new centers
462.65 Cr
2
2 Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
93.04 Cr
3
3 General corporate purposes
48.78 Cr
Lead Managers & Market Maker
Book Running Lead Managers
ICICI Securities Ltd.
JM Financial Ltd.
IPO Timeline
Open
23 Jul
✓ Done
Close
25 Jul
✓ Done
Allotment
28 Jul
✓ Done
Listing
30 Jul
✓ Done
Registrar Details
MUFG Intime India Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-4918 6270
Email
indiqubespaces.ipo@linkintime.co.in
Company Contact
Email
cs.compliance@indiqube.com
Phone
+91 99000 92210
Address
Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bengaluru, Karnataka, 560103
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹237
Est. Listing
₹237
Lot Size
63 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Indiqube Spaces Ltd. LIVE
INR ·
vs Issue
Open
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P/E
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| Price
Market Reference
IPO Issue Price
₹237
GMP
+₹0 (+0%)
GMP Est. Listing
₹237
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
QIB 2,21,04,431 (74.82%) ₹52,387.50 Cr
NII / HNI (Total) 44,20,885 (14.96%) ₹10,477.50 Cr
Retail Investors 29,47,257 (9.98%) ₹698.50 Cr
Employee 69,767 (0.24%) ₹16.53 Cr
Total ** 2,95,42,340 (100.00%) ₹700,153.46 Cr
* Based on ₹237.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
QIB
2,21,04,431 (74.82%)
NII
44,20,885 (14.96%)
Retail
29,47,257 (9.98%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in Crore
Metric31 Mar 202531 Mar 202431 Mar 2023
Revenue1102.93867.66601.28
PAT-139.62-341.51-198.11
EBITDA660.19263.42258.23
Net Worth-3.11130.63-308.10
Total Assets4685.123667.912969.32
Reserves-23.30129.44-308.28
Borrowings343.96164.02623.16
Key Financial Ratios
-2.19%
ROE
Return on Equity
34.21%
ROCE
Return on Capital Employed
-12.66%
PAT Margin
PAT / Revenue
58.20%
EBITDA Mgn
EBITDA / Revenue
-110.58
D/E Ratio
Debt to Equity
-7.65
Pre EPS
EPS Pre-Issue
About Indiqube Spaces Ltd.

Incorporated in 2015, Indiqube Spaces Limited provides managed, sustainable, and tech-driven workplace solutions, aiming to transform the traditional office experience for modern businesses.

The company offers diverse workplace solutions, including corporate hubs and branch offices, enhancing employee experience with interiors, amenities, and services.

The company integrates asset renovation, customized models, and B2B/B2C value-added services, offering comprehensive workspace solutions with plug-and-play offices for clients and employees.

The company manage a portfolio of 115 centres across 15 cities, consisting of 105 operational centres and 10 centres for which the company have executed letters of intent, covering 8.40 million square feet of area under management (“AUM”) in a super built-up area (“SBA”) with a total seating capacity of 186,719 as of March 31, 2025.

Between March 31, 2023, and March 31, 2025, they added 41 properties and expanded to five new cities.

The company focuses on acquiring full buildings in high-demand areas with strong infrastructure and low vacancy rates. They partner with landlords to lease and transform aging properties into modern, sustainable workspaces.

The company upgrades properties with interiors, amenities, and sustainability. As of March 31, 2025, 25.22%% of their portfolio is renovated. Their "enterprise-first" strategy serves large clients with long-term, scalable workspaces.

As of March 31, 2025, the company operates in 15 Indian cities, including seven Tier I cities (Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad) and 11 non-Tier I cities (Coimbatore, Kochi, Madurai, Jaipur, Calicut, Vijayawada).

Offerings:

  • IndiQube Grow:The company offers customized enterprise workspaces and co-working solutions with shared amenities. They provide meeting rooms, day passes, and virtual office services, with flexible bookings and tailored options for clients through digital channels.
  • IndiQube Bespoke: IndiQube Bespoke offers fully customizable office designs with standard, premium, and luxury options. The company provides sustainable, eco-friendly solutions, with an in-house team for design, project management, and maintenance, offering flexible financial arrangements.
  • IndiQube One: The company offers technology-enabled property and facility management services, including maintenance, asset management, employee services, IT solutions, and green initiatives, all aligned with ISO certifications to ensure quality, safety, and sustainability.
  • MiQube™ Workplace Technology Stack: The company’s technology stack enhances workspace efficiency and engagement. The MiQube™ Community App offers employees easy access to services like booking meeting rooms, transportation, meals, desk reservations, helpdesk requests, and community events.

As of March 31, 2025, the company has a diverse team of 625 permanent employees.

Competitive Strengths:

  • One of the leading players in the Large and Growing Flexible Workspace Market in India.
  • Acquisition Strategy with a Focus on Value Creation and Demand-Driven Locations.
  • Prudent Business Management Practices with Strong Operational Metrics
  • Capital Efficient Model with Resilience and Comprehensive Risk Mitigation
  • Experienced Leadership and Prominent Investor Base
  • Focussed on Fostering an Ecosystem of Green Buildings
Frequently Asked Questions
What is the issue price of Indiqube Spaces Ltd. IPO?
The issue price of Indiqube Spaces Ltd. IPO is ₹237 per share, face value ₹1.
What is the lot size?
Minimum lot size is 63 shares, requiring ₹14,931.
What are the IPO dates?
Opens 23 Jul 2025, closes 25 Jul 2025.
When is the listing date?
Tentative listing: 30 Jul 2025 on NSE & BSE.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹237 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Indiqube Spaces Ltd. IPO · Expected 28 Jul 2025

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Jul 2025
Refund Initiation
29 Jul 2025
Demat Credit
29 Jul 2025
Listing Date
30 Jul 2025
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹237
Face ₹1
Lot Size
63
shares / lot
Min Amount
₹14,931
1 lot
Est. Listing
₹237
GMP +₹0
Key Dates
Open
23 Jul Done
Close
25 Jul Done
Listing
30 Jul Done
Registrar
MUFG Intime India Pvt.Ltd.
A
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