Indiqube Spaces Limited IPO
Indiqube Spaces Limited IPO
Price Band
₹225 - ₹237
Total Issue
₹700.00 Cr
Bid Dates
23 Jul - 25 Jul
Subscription
12.41x
Est. GMP
₹2 (0.84%)
Tentative Timetable
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.
Lot Info
| 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 |
Category Reservation
Issue Size
Objects of Issue
- Funding capital expenditure towards establishment of new centers
- Repayment in full or in part, of certain borrowings availed by our Company
- General corporate purposes
Grey Market Premium
| Date | GMP (₹) | Est. Price |
|---|---|---|
| 29 Jul | ₹2 (0.8%) | ₹239 |
| 28 Jul | ₹6 (2.5%) | ₹243 |
| 25 Jul | ₹6 (2.5%) | ₹243 |
| 24 Jul | ₹14 (5.9%) | ₹251 |
| 23 Jul | ₹21 (8.9%) | ₹258 |
| 22 Jul | ₹28 (11.8%) | ₹265 |
| 21 Jul | ₹40 (16.9%) | ₹277 |
| 18 Jul | ₹40 (16.9%) | ₹277 |
Indiqube Spaces IPO Peer Comparison
(Rs. in crores)
| 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
Financial Performance
(Rs. in crores)
| 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 |
KPIs
EBITDA
58.20%
LAT
-12.66%
ROCE
34.21%
PE Ratio
-30.98
PB Ratio
-987.50
Mkt Cap (in Crs.)
3,735.35
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
70.37%
Public
29.63%
Management
Subscription Status
Updated as on 25-Jul-2025 19:00:00
| 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 |
Frequently Asked Questions
What is Indiqube Spaces IPO?
When will Indiqube Spaces IPO open?
What is the GMP of Indiqube Spaces IPO?
What is the lot size of Indiqube Spaces IPO?
When is the allotment of Indiqube Spaces IPO?
What is the listing date of Indiqube Spaces IPO?
What is the subscription of Indiqube Spaces IPO?
What is the price band of Indiqube Spaces IPO?
How to check allotment status of Indiqube Spaces IPO?
How to apply Indiqube Spaces IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Indiqube Spaces IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Indiqube Spaces IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Indiqube Spaces IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date