
Indiqube Spaces
Mainboard₹14,931 / 63 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 25 Jul 2025,06:42:00 PM |
| QIBs | 14.35 |
| NII | Bids above ₹10L: 7.93 times Bids below ₹10L: 8.96 times NII Total: 8.27 |
| Retail | 12.87 times |
| Employee | 6.81 times |
| Total | 12.40 times |
Indiqube Spaces IPO Details
The Indiqube Spaces IPO price band is set between ₹225-237 per equity share, with a face value of ₹1 per share. The issue is managed by MUFG Intime India Private Limited (Link Intime), and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 23 Jul, 2025 and closes on 25 Jul, 2025. Investors can check the allotment status on 28 Jul, 2025, while the listing date is tentatively scheduled for 30 Jul, 2025.
The total issue size is Total 700.00 Cr :#Fresh Issue : 2,74,26,160 shares, aggregating up to ₹650.00 Cr. Stay tuned for the latest Indiqube Spaces IPO review and GMP updates.
Indiqube Spaces IPO Review, Rating & Analysis
Indiqube Spaces IPO Review
NO REVIEWIndiqube Spaces IPO Rating
Indiqube Spaces IPO Highlights
IPO Date
Jul 23, 2025 - Jul 25, 2025
Listing Date
30 Jul, 2025
Face Value
₹1 Per Equity Share
Price Band
₹225-237 per equity share
Lot Size
63 Shares
Fresh Issue
2,74,26,160 Shares
Offer for Sale
21,09,704 shares of ₹1
Listing At
BSE, NSE
Indiqube Spaces IPO Lot Size
The minimum market lot for Indiqube Spaces IPO is 63 shares with an application amount of ₹14,931. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 63 | ₹14,931 |
| Retail (Max) | 13 | 819 | ₹1,94,103 |
| S-HNI (Min) | 14 | 882 | ₹2,09,034 |
| S-HNI (Max) | 66 | 4158 | ₹9,85,446 |
| B-HNI (Min) | 67 | 4221 | ₹10,00,377 |
Indiqube Spaces IPO Timeline
Issue Price
₹225-237 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Lead Manager
ICICI Securities LimitedJm Financial LimitedIssue Size
Total 700.00 Cr :#Fresh Issue : 2,74,26,160 shares(aggregating up to ₹650.00 Cr) +
#OFS : 21,09,704 shares of ₹1(aggregating up to ₹50.00 Cr)
Indiqube Spaces IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 25 | 4685.12 | 1102.93 | -139.62 | -3.11 | -23.30 | 343.96 |
| 31 Mar 24 | 3667.91 | 867.66 | -341.51 | 130.63 | 129.44 | 164.02 |
| 31 Mar 23 | 2969.32 | 601.28 | -198.11 | -308.1 | -308.28 | 623.16 |
All values are in ₹ Cr.
Indiqube Spaces IPO Valuations
EPS Pre IPO
-₹7.65/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
-2.19%ROCE
34.21%Debt Equity
-RoNW
%PAT Margin
-12.66%Price to Book Value
-Promoters & Share Holding
Promoter(s) Name
- Rishi Das
- Meghna Agarwal
- Anshuman Das
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 70.47% | 60.23% |
About Company
Founded in 2015, Indiqube Spaces Limited delivers managed, sustainable, and technology-driven workplace solutions to shift the traditional office experience into a better one for contemporary businesses.The firm delivers varied workplace solutions, such as corporate campuses and branch offices, with employee improvement through interiors, amenities, and services.
The firm combines asset refurbishment, tailored models, and B2B/B2C value-added services, delivering holistic workspace solutions with plug-and-play offices for clients and workers.The firm operates 103 centers in 13 cities, spanning 7.76 million square feet of AUM with 172,451 seats. During the period from March 31, 2022, to June 30, 2024, they acquired 41 assets and entered five new cities.
The firm looks to buy whole buildings in high-rental areas with solid infrastructure and low vacancy rates. They collaborate with landlords to lease and repurpose old buildings into modern, sustainable workplaces.The company renovates properties with interiors, amenities, and sustainability. They have 31.67% of their portfolio renovated as of June 30, 2024. Their enterprise-first approach caters to large customers with long-term, scalable spaces.
As of June 30, 2024, the company has operations in 13 Indian cities, which comprise seven Tier I cities (Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad) and six non-Tier I cities (Coimbatore, Kochi, Madurai, Jaipur, Calicut, Vijayawada).As of June 30, 2024, the company has a diverse team of 625 permanent employees.
Indiqube Spaces IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 88,41,772 | 44,20,886 29,47,257 14,73,629 | 29,47,257 | 1,62,79,682 |
Day 1 -23-07-25 05:00 PM | 0.06 x | 0.78 0.65 x 1.05 x | 3.41 x | 0.87 x |
Day 2 -24-07-25 05:00 PM | 1.42 x | 1.84 1.52 x 2.48 x | 6.90 x | 2.54 x |
Day 3 -25-07-25 05:00 PM | 14.35 x | 8.24 7.93 x 8.86 x | 12.51 x | 12.33 x |
Retail:11.5x
BHNI:1.6x
SHNI:8x times
Company Contact Details
Indiqube Spaces
Plot # 53, Careernet Campus,Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bengaluru, Karnataka, 560103Registrar Contact Details
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: indiqubespaces.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Frequently Asked Questions about Indiqube Spaces IPO
When will Indiqube Spaces IPO open for subscription?
The Indiqube Spaces IPO opens on 23 Jul, 2025 and closes on 25 Jul, 2025.
What is the investors portion for Indiqube Spaces IPO?
The investors' portion for QIB is 14.35 x, NII is 7.93 x, and Retail is 12.51 x.
How to apply for Indiqube Spaces IPO?
You can apply for Indiqube Spaces IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Indiqube Spaces IPO?
The issue size of Indiqube Spaces IPO is approx ₹Total 700.00 Cr :#Fresh Issue : 2,74,26,160 shares(aggregating up to ₹650.00 Cr) +#OFS : 21,09,704 shares of ₹1(aggregating up to ₹50.00 Cr) crores.
What is the price band of Indiqube Spaces IPO?
The price band for Indiqube Spaces IPO is ₹225 to ₹237 per equity share.
What is the lot size of Indiqube Spaces IPO?
The minimum bid (lot size) for Indiqube Spaces IPO is N/A shares with an investment of approx ₹14,931 .
What is the allotment date of Indiqube Spaces IPO?
The allotment date for Indiqube Spaces IPO is 28 Jul, 2025.
What is the listing date of Indiqube Spaces IPO?
The listing date for Indiqube Spaces IPO is expected to be 30 Jul, 2025.
What is the GMP of Indiqube Spaces IPO?
The latest Grey Market Premium (GMP) for Indiqube Spaces IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
