The IndiQube Spaces Limited IPO is opening on 23 July 2025 and will close on 25 July 2025. This is a mainboard IPO raising ₹700 crore from a mix of fresh issue of 2.74 crore equity shares amounting to ₹650 crore and offer for sale (OFS) of 21 lakh equity shares amounting to ₹50 crore.
The IndiQube Spaces IPO allotment date will be decided on Monday, 28 July 2025. IndiQube Spaces shares will be tentatively listed on BSE & NSE on Wednesday, 30 July 2025.
The IndiQube Spaces price band has been between ₹225 and ₹237 per share. The minimum lot size decided for the IPO is 63 shares, making the minimum investment for retail traders as ₹14175. For sNII, it is 14 lots amounting to ₹209034, and for bNII, it is 67 lots, which amount to rs.1000377.
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IndiQube Spaces BSE NSE IPO Details
Detail | Information |
IPO Opening Date | July 23, 2025 |
IPO Closing Date | July 25, 2025 |
Tentative IPO Listing Date | July 30, 2025 |
Face Value | ₹1 per share |
Price Range | ₹225 to ₹237 per share |
Lot Size | 63 shares |
Total Issue Size | 29535864 Shares (₹700 Cr.) |
Fresh Issue | 27426160 Shares (₹650 Cr.) |
OFS | 2109704 Shares (₹50 Cr.) |
IPO Segment | Book Building Issue |
Listing At | BSE NSE |
Shareholding Pre-Issue | 182578871 shares |
Shareholding post-issue | 210005031 shares |
IndiQube Spaces Limited | Company Overview
IndiQube Spaces Limited was incorporated in 2015 to bring revolution to the modern-day workspaces. It offers a wide range of solutions for building tech-driven, sustainable, well-managed workplaces.
It follows a B2B and B2C business model where it offers value added services, customized model workplaces, and also offers asset renovation solutions. From corporate hubs, to branch offices, this firm thrives to offer a quality employee experience by adding lots of amenities, services, and great interiors to the workplaces.
Usually, IndiQube acquires structurally strong and large buildings in high-demand areas where the vacancy rate is too low. Then they partner with the landlords for lease and transformation of the properties to add modern-day amenities.
IndiQube has segregated its business offering into –
- IndiQube Grow offers customized co-working solutions and enterprise workplaces.
- IndiQube Bespoke offers fully customizable office solutions ranging from standard to luxury options. These solutions are eco-friendly and sustainable for the future.
- IndiQube One deals with the technology-enabled property and offers facility management services such as asset management, IT solutions, employee services, and others.
- MiQubeTM Workplace Technology Stack is also a part of IndiQube, which helps in enhancing workspaces’ efficiency and engagement.
Currently, the company is managing around 115 centers, which are spread across 15 cities in India. The total area under management is 8.40 million square feet, and the total seating capacity is 186719 as of 31 March 2025.
IndiQube Spaces Limited IPO | Key Details
- IndiQube Spaces IPO Opening Date: July 23, 2025,
- IndiQube Spaces IPO Closing Date: July 25, 2025.
- Allotment Date: July 28, 2025
- Price Band: ₹225 to ₹237 per share
- Lot Size: 63 shares
- Refunds Initiated: July 29, 2025
- Shares Credited to Demat: July 29, 2025
- Listing Date: July 30, 2025
IndiQube Spaces Ltd: Financial Overview
IndiQube Spaces Limited’s profits tanked by 59%, even though revenue jumped by 27% during FY25.
Here is a snapshot of the financials –
Amounts in ₹ Crore
Financial Information | 31-Mar-25 | 31-Mar-24 | Change | Change (%) |
Assets | 4,685.12 | 3,667.91 | 1017.2 | 27.73268701 |
Revenue | 1,102.93 | 867.66 | 235.27 | 27.11545997 |
Profit After Tax | -139.62 | -341.51 | 201.89 | -59.1168633 |
EBITDA | 660.19 | 263.42 | 396.77 | 150.6225799 |
Net Worth | -3.11 | 130.63 | -133.74 | -102.38077 |
Reserves and Surplus | -23.3 | 129.44 | -152.74 | -118.000618 |
Total Borrowing | 343.96 | 164.02 | 179.94 | 109.7061334 |
IndiQube Spaces Ltd IPO | FAQs
IndiQube Spaces Ltd offers modern-day workplace solutions that are tech-driven and sustainable for the future.
The tentative IPO listing date of IndiQube Spaces has been fixed as Wednesday, 30 July 2025.
The bidding date for the IndiQube Spaces IPO is July 23, 2025, and it will continue until July 25, 2025.
The minimum IPO lot size for IndiQube Spaces is 63 shares.
The IPO allotment is expected to be finalized on Monday, July 28, 2025.
The IPO face value is set at ₹1 per share.
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