Indiqube Spaces IPO was subscribed overall 13.00 times on the last day, while the retail quota was subscribed 13.28 times, QIB was subscribed 15.12 times, and NII quota subscribed by 8.68 times, respectively.
Details About Indiqube Spaces IPO
Indiqube Spaces got approval from SEBI for an IPO of ₹700 crores to raise funds and maintain financial stability. In this IPO, a fresh issue of ₹650 crores and an offer for sale up to 21,09,704 equity shares with a face value of ₹1 each.
Moreover, the company has set up a price band between ₹225 to ₹237 per share. In this IPO total of 63 shares were available in 1 lot size for the minimum Retail category, and for the maximum retail category, 819 shares in 13 lot sizes, while S-HNI (Min) total of 882 shares in 14 lot sizes. BHNI (Min) 4,221 shares in 67 lot sizes.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,931 and maximum investment of ₹1,94,103.
- Small HNI (S-HNI): Minimum investment of ₹2,09,034.
- B-HNI (B-HNI): Minimum investment of ₹10,00,377.
Subscription duration of Indiqube Spaces IPO
The Indiqube Spaces IPO subscription opening date was July 23, 2025, and closed on July 25, 2025. The Indiqube Spaces IPO allotment was finalized on July 28, 2025, and the IPO listing is on July 30, 2025.
Funds Deployment of This Company
- The proceeds raised will be used towards the funding of capital expenditure for the establishment of new centers.
- Some funds will be used towards the Repayment/pre-payment of certain borrowings taken by the Company.
- Lastly, the remaining funds will be used for the company’s General corporate purposes.
About Indiqube Spaces IPO
Incorporated in 2015, Indiqube Spaces Limited is one of the leading companies that is involved in providing managed, sustainable, and tech-driven workplace solutions that focus on transforming traditional-looking offices into modern businesses. Indiqube Spaces is focused on offering a wide range of workplace solutions that consist of corporate hubs and branch offices to improve the employee experience with interiors, amenities, and services. 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. The company offers complete workspace solutions by combining asset renovation, customized designs, and value-added services to both businesses and individuals.
Indiqube Spaces IPO Financial Background
The company reported revenue of ₹1,102.93 crores in 2025 against ₹867.66 crores in 2024. The company reported a loss of ₹139.62 crores in 2025 against a loss of ₹341.51 crores in 2024.
