Indiqube Spaces Limited IPO
Indiqube Spaces Limited IPO
Mainboard NSE & BSE 100% Book Built Offer
Closed

Price Band

₹225 - ₹237

Total Issue

₹700 Cr

Bid Dates

23 Jul - 25 Jul

Subscription

13.07x

Listing Price

₹201.46 (-15.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹3,735.35 Cr

P/E Ratio

-30.98x

P/B Ratio

-987.50x

Indiqube Spaces IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

Indiqube Spaces Limited is a managed workplace solutions provider focused on transforming traditional office environments. It offers sustainable, tech-enabled solutions ranging from large corporate hubs to smaller branch offices. By integrating modern interiors, essential amenities, and value-added services, it enhances the overall workplace experience for enterprise clients and their employees.

Indiqube Spaces IPO Lot Size

Lot Information for Indiqube Spaces IPO
Category 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 4,158 ₹9,85,446
B-HNI (Min) 67 4,221 ₹10,00,377
Allocate Funds

Category Reservation

QIB 75%
NII 15%
Ret 10%
Employee
Rs. 1.5 Cr
Shareholder
NA

Indiqube Spaces IPO Size

Total ₹700.00 Cr
Fresh Issue
₹650 Cr (2.74 Cr Shares)
Offer For Sale
₹50 Cr (0.21 Cr Shares)

Objects of Issue

  1. Funding capital expenditure towards establishment of new centers
  2. Repayment in full or in part, of certain borrowings availed by our Company
  3. General corporate purposes

Indiqube Spaces IPO IPO Live Subscription

Updated as on 25-Jul-2025 19:00:00

Indiqube Spaces IPO IPO Subscription Status (Mainboard)
Category Sub (x) Offered Bids
QIB 15.12 88,41,772 13,36,68,801
NII 8.72 44,20,886 3,85,32,438
bHNI 8.35 29,47,257 2,46,20,652
sHNI 9.44 14,73,629 1,39,11,786
Retail 13.59 29,47,257 4,00,40,343
Employee 7.23 69,767 5,04,378
Total 13.07 1,62,79,682 21,27,45,960

Indiqube Spaces IPO IPO Details Live GMP

GMP ₹2
Est. Price ₹239
Est. Gain 0.84%

Indiqube Spaces IPO Peer Comparison

(Rs. in crores)

Indiqube Spaces IPO Peer Comparison Table
Particulars Indiqube Spaces Awfis Space Solutions
Revenue from Ops (in Crs.) 1,059.29 1,207.54
LAT/PAT (In Crs.) -139.62 67.87
EPS - Basic -7.65 9.75
NAV per share -0.24 64.71
RONW NA 14.78%
EBITDA 58.20% 33.32%
PAT Margin -12.66% 5.38%
Price to earning (PE) -30.98 66.66
  • All information pertains to FY 2024-25.
  • The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 16, 2025 for Peers

Indiqube Spaces IPO IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for Indiqube Spaces IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 1,059.29 830.57 579.74
Profit after Tax -139.62 -341.51 -198.11
Net Worth -3.11 130.63 -308.10
Total Borrowing 343.96 164.02 623.16
Total Assets 4,685.12 3,667.91 2,969.32
NAV per share (in ₹) -0.24 10.03 -23.77
EPS - Basic (in ₹) -7.65 -26.09 -15.28

Key Performance Indicators (KPIs)

EBITDA

58.20%

LAT

-12.66%

ROCE

34.21%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

70.37%

Public

29.63%

Anshuman Das 25.15%
Rishi Das 18.84%
Meghna Agarwal 18.84%
Other Promter 7.53%

Management

Rishi Das
Chairman, & CEO
Pawan Jain
CFO

Registrar & Lead Managers

Registrar

MUFG Intime India

Company Details

Name: Indiqube Spaces Limited

Address: Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bengaluru – 560 103, Karnataka, India

Number: +91 99000 92210

Email: cs.compliance@indiqube.com

Website: www.indiqube.com

Frequently Asked Questions (FAQs)

What is Indiqube Spaces IPO?
Indiqube Spaces IPO is a Mainboard IPO having an issue size of ₹700 Crs. Indiqube Spaces IPO is priced at ₹225 - ₹237 per share. The issue opens on 23 Jul 25 and closes on 25 Jul 25.
When will Indiqube Spaces IPO open?
Indiqube Spaces IPO opens on 23 Jul 25 and closes on 25 Jul 25.
What is the GMP of Indiqube Spaces IPO?
The estimated Grey Market Premium of Indiqube Spaces IPO is ₹2 per share (0.84%).
What is the lot size of Indiqube Spaces IPO?
The minimum lot size of Indiqube Spaces IPO is 63 shares & the minimum application amount is Rs. 14931.
When is the allotment of Indiqube Spaces IPO?
The allotment date of Indiqube Spaces IPO is 28 Jul 25.
What is the listing date of Indiqube Spaces IPO?
The listing date of Indiqube Spaces IPO is 30 Jul 25.
What is the subscription of Indiqube Spaces IPO?
Indiqube Spaces IPO is subscribed 12.41 times.
What is the price band of Indiqube Spaces IPO?
Indiqube Spaces IPO is priced at ₹225 - ₹237 per share.
How to check allotment status of Indiqube Spaces IPO?
Click the allotment link on Indiqube Spaces IPO page of IPO360.
How to apply Indiqube Spaces IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply Indiqube Spaces IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply Indiqube Spaces IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select Indiqube Spaces IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date