Indiqube Spaces IPO Date, Review, Price, Allotment Details

Indiqube Spaces IPO open date is July 23, 2025 and the IPO will close on July 25, 2025. Indiqube Spaces IPO is a Book Build Issue. The company to raise around ₹700 crores via IPO that comprises fresh issue of ₹650 crores and offer for sale up to 21,09,704 equity shares with face value of ₹1 each.

Indiqube Spaces IPO price band is ₹225 to ₹237 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Indiqube Spaces IPO to list on BSE, NSE on July 30, 2025. The allotment of Indiqube Spaces IPO date is July 28, 2025.

The company reported revenue of ₹1,102.93 crores in 2025 against ₹867.66 crores in 2024. The company reported loss of ₹139.62 crores in 2025 against loss of ₹341.51 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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Indiqube Spaces IPO Details

IPO Open Date:July 23, 2025
IPO Close Date:July 25, 2025
Face Value:₹1 Per Equity Share
IPO Price Band:₹225 to ₹237 Per Share
Issue Size:Approx ₹700 Crores
Fresh Issue:Approx ₹650 Crores
Offer for Sale:Approx 21,09,704 Equity Shares
Issue Type:Book Build Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Indiqube Spaces IPO Market Lot

The Indiqube Spaces IPO minimum market lot is 63 shares with ₹14,931 application amount. The retail investors can apply up-to 13 lots with 819 shares of ₹1,94,103 amount.

ApplicationLot SizeSharesAmount
Retail Minimum163₹14,931
Retail Maximum13819₹1,94,103
S-HNI Minimum14882₹2,09,034
B-HNI Minimum674,221₹10,00,377

Indiqube Spaces IPO Dates

The Indiqube Spaces IPO date is 23 July and the close date is 25 July. The Indiqube Spaces IPO allotment will be finalized on 28 July and the IPO listing on 30 July.

IPO Open Date:July 23, 2025
IPO Close Date:July 25, 2025
Basis of Allotment:July 28, 2025
Refunds:July 29, 2025
Credit to Demat Account:July 29, 2025
IPO Listing Date:July 30, 2025

Promoters of Indiqube Spaces IPO

The promoters of the company are Rishi Das, Meghna Agarwal and Anshuman Das.

About Indiqube Spaces IPO

Indiqube Spaces Limited was founded in 2015 and is one of the prominent companies that focuses on offering managed, sustainable, and tech-driven workplace solutions with an aim to transform traditional-looking offices into modern businesses. The company is known to provide a wide range of workplace solutions that consist of corporate hubs and branch offices to improve the employee experience with interiors, amenities, and services. The company offers complete workspace solutions by combining asset renovation, customized designs, and value-added services to both businesses and individuals. Currently, the company operates 103 centers across 13 cities including seven Tier I cities (Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad) and six non-Tier I cities (Coimbatore, Kochi, Madurai, Jaipur, Calicut, Vijayawada), covering 7.76 million square feet of AUM with 172,451 seats. To expand, they added 41 properties to 5 new cities between March 31, 2022, to June 30, 2024. As of June 30, 2024, the company includes 625 permanent employees.

Indiqube Spaces IPO Company Financial Report

The company reported revenue of ₹1,102.93 crores in 2025 against ₹867.66 crores in 2024. The company reported loss of ₹139.62 crores in 2025 against loss of ₹341.51 crores in 2024.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2022₹355.24₹579.24₹188.93₹2,283.79
2023₹601.28₹829.21₹197.90₹2,969.32
2024₹867.66₹1,252.48₹341.74₹3,667.91
2025₹1,102.93₹1,260.23₹139.62₹4,685.12

Indiqube Spaces IPO Valuation – FY2025

Check Indiqube Spaces IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:-%
ROCE:34.21%
EBITDA Margin:58.20%
PAT Margin:(12.66)%
Debt to equity ratio:
Earning Per Share (EPS):₹(7.65) (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):N/A
Net Asset Value (NAV):₹(0.24)

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
Awfis Space Solutions Limited9.7566.6614.78%64.711,260.75 Cr.

Objects of the Issue

  • Funding capital expenditure towards establishment of new centers;
  • Repayment/pre-payment, in full or in part, of certain borrowings availed by our Company; and
  • General corporate purposes.

Indiqube Spaces IPO Review

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Indiqube Spaces IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

  • ICICI Securities Limited
  • Jm Financial Limited

Company Address

Indiqube Spaces Ltd.
Plot # 53, Careernet Campus,
Kariyammanna Agrahara Road, Devarabisanahalli,
Outer Ring Road,
Bengaluru, Karnataka, 560103
Phone: +91 99000 92210
Email: [email protected]
Website: http://www.indiqube.com/

Indiqube Spaces IPO FAQs

What is Indiqube Spaces IPO?

Indiqube Spaces IPO is a Mainboard IPO. The company is going to raise ₹700 Crores via IPO. The issue is priced at ₹225 to ₹237 per equity share. The IPO is to be listed on BSE & NSE.

When Indiqube Spaces IPO will open for subscription?

The IPO is to open on July 23, 2025 for QIB, NII, and Retail Investors. The IPO will close on July 25, 2025.

What is Indiqube Spaces IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Indiqube Spaces IPO?

You can apply for Indiqube Spaces IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Indiqube Spaces IPO Issue Size?

Indiqube Spaces IPO issue size is ₹700 crores.

What is Indiqube Spaces IPO Price Band?

Indiqube Spaces IPO Price Band is ₹225 to ₹237.

What is Indiqube Spaces IPO Lot Size?

The minimum bid is 63 Shares with ₹14,931 amount.

What is the Indiqube Spaces IPO Allotment Date?

Indiqube Spaces IPO allotment date is July 28, 2025.

What is the Indiqube Spaces IPO Listing Date?

Indiqube Spaces IPO listing date is July 30, 2025. The IPO is to list on BSE & NSE.

Note: The Indiqube Spaces IPO price band and date are officially announced. The (Indiqube Spaces IPO grey market premium) will be added to the IPO GMP page as it will start).

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.