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 |
|---|---|---|---|
| 31 Mar 2023 | 2,969.32 Cr | 601.28 Cr | -198.11 Cr |
| 31 Mar 2024 | 3,667.91 Cr | 867.66 Cr | -341.51 Cr |
| 31 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 Indiqube Spaces IPO will open?
The Indiqube Spaces IPO opens on July 23, 2025 and closes on July 25, 2025.
What is the lot size of Indiqube Spaces IPO?
Indiqube Spaces IPO lot size is 63, and the minimum amount required for application is ₹14,931.
When is Indiqube Spaces IPO listing date?
The Indiqube Spaces IPO listing date is not yet announced. The tentative date of Indiqube Spaces IPO listing is Wednesday, July 30, 2025.
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