Indiqube Spaces Ltd. IPO
Incorporated on January 14, 2015, as “Innovent Spaces Private Limited,” the company, now known as “Indiqube Spaces L ...
Read moreIPO Timeline
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23 Jul 2025Bidding Starts
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25 Jul 2025Bidding Ends
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28 Jul 2025Allotment Finalization
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29 Jul 2025Refund Date
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29 Jul 2025Demat Date
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30 Jul 2025Listing Date
Indiqube Spaces Ltd. IPO Financial Result in crore
| Year | Asset | Revenue | Profit |
|---|---|---|---|
| Mar 2023 | 2,969.32 Cr | 601.28 Cr | -198.11 Cr |
| Mar 2024 | 3,667.91 Cr | 867.66 Cr | -341.51 Cr |
| Mar 2025 | 4,685.12 Cr | 1,102.93 Cr | -139.62 Cr |
About Indiqube Spaces Ltd. IPO
Indiqube Spaces IPO is a book-built issue of ₹700.00 crore. The issue includes a fresh equity offering of 2.74 crore sha ...
The allotment is expected to be finalised on July 28, 2025, and the shares are proposed to be listed on BSE and NSE with a tentative listing date of July 30, 2025. The price band for the Indiqube Spaces IPO is fixed between ₹225 to ₹237 per share.
Investors can apply for a minimum lot of 63 shares, which requires an investment of ₹14,175 for retail investors. For sNII investors, the minimum application is 14 lots (882 shares) worth ₹2,09,034, while bNII investors must apply for 67 lots (4,221 shares), amounting to ₹10,00,377.
ICICI Securities Limited is acting as the book-running lead manager for this IPO, and MUFG Intime India Private Limited is appointed as the registrar. For complete details, refer to the Indiqube Spaces IPO RHP.
Strengths
- Strong acquisition strategy focused on value creation.
- Leading player in India’s flexible workspace market.
- Experienced leadership with a solid investor base.
- Focus on green building ecosystems.
- Capital-efficient model with risk mitigation.
Risks
- Sensitive to real estate market fluctuations affecting leasing costs and profitability.
- Reliance on third parties for materials and interior enhancements may impact operations.
- Shifts in work culture, like remote working, could reduce demand for office spaces.
- Fixed expenses during low demand can adversely affect financial condition.
- Ability to pay future dividends depends on earnings, financial condition, and financing terms.
Indiqube Spaces IPO Objectives
The company plans to allocate the net proceeds from the issuance to the following purposes:
- Funds will be used to establish new office centres, helping the company expand its presence and cater to growing demand.
- A portion of the proceeds will go towards repaying or pre-paying existing borrowings, improving the company’s financial strength.
- Any remaining funds will be allocated toward general corporate purposes to strengthen overall business growth.
Indiqube Spaces IPO Promoter Holding
Rishi Das, Meghna Agarwal and Anshuman Das are the promoters of the company.
Share Holding Pre Issue 70.47%
Share Holding Post Issue 60.23%
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
FAQs
When will the Indiqube Spaces IPO be allotted?
The Basis of Allotment will happen on Monday, July 28, 2025.
When will the Indiqube Spaces IPO open for subscription?
The IPO subscription window will open on July 23, 2025.
What minimum lot size can retail investors subscribe to?
The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 63 shares.
When will the Indiqube Spaces IPO list on exchanges?
The listing date for Indiqube Spaces IPO is Wednesday, July 30, 2025.
What is the issue size of the Indiqube Spaces IPO?
The issue size of the Indiqube Spaces IPO is ₹700.00 crore.
What are the open and close dates of the Indiqube Spaces IPO?
The open and close dates for Indiqube Spaces IPO are from July 23, 2025, to July 25, 2025.
Who is the registrar of Indiqube Spaces IPO?
MUFG Intime India Private Limited (Link Intime) is the registrar responsible for managing the IPO allotment process and handling investor queries.
Where is the Indiqube Spaces IPO getting listed?
Indiqube Spaces IPO is proposed to be listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
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