indiqube spaces limited IPO
About Company
The company offers diverse workplace solutions, including corporate hubs and branch offices, enhancing employee experience with interiors, amenities, and services.
The company integrates asset renovation, customized models, and B2B/B2C value-added services, offering comprehensive workspace solutions with plug-and-play offices for clients and employees.
The company manage a portfolio of 115 centres across 15 cities, consisting of 105 operational centres and 10 centres for which the company have executed letters of intent, covering 8.40 million square feet of area under management (“AUM”) in a super built-up area (“SBA”) with a total seating capacity of 186,719 as of March 31, 2025.
Between March 31, 2023, and March 31, 2025, they added 41 properties and expanded to five new cities.
The company focuses on acquiring full buildings in high-demand areas with strong infrastructure and low vacancy rates. They partner with landlords to lease and transform aging properties into modern, sustainable workspaces.
The company upgrades properties with interiors, amenities, and sustainability. As of March 31, 2025, 25.22%% of their portfolio is renovated. Their "enterprise-first" strategy serves large clients with long-term, scalable workspaces.
As of March 31, 2025, the company operates in 15 Indian cities, including seven Tier I cities (Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad) and 11 non-Tier I cities (Coimbatore, Kochi, Madurai, Jaipur, Calicut, Vijayawada).
Offerings:
IndiQube Grow:The company offers customized enterprise workspaces and co-working solutions with shared amenities. They provide meeting rooms, day passes, and virtual office services, with flexible bookings and tailored options for clients through digital channels.
IndiQube Bespoke: IndiQube Bespoke offers fully customizable office designs with standard, premium, and luxury options. The company provides sustainable, eco-friendly solutions, with an in-house team for design, project management, and maintenance, offering flexible financial arrangements.
IndiQube One: The company offers technology-enabled property and facility management services, including maintenance, asset management, employee services, IT solutions, and green initiatives, all aligned with ISO certifications to ensure quality, safety, and sustainability.
MiQube™ Workplace Technology Stack: The company’s technology stack enhances workspace efficiency and engagement. The MiQube™ Community App offers employees easy access to services like booking meeting rooms, transportation, meals, desk reservations, helpdesk requests, and community events.
As of March 31, 2025, the company has a diverse team of 625 permanent employees.
Competitive Strengths:
One of the leading players in the Large and Growing Flexible Workspace Market in India.
Acquisition Strategy with a Focus on Value Creation and Demand-Driven Locations.
Prudent Business Management Practices with Strong Operational Metrics
Capital Efficient Model with Resilience and Comprehensive Risk Mitigation
Experienced Leadership and Prominent Investor Base
Focussed on Fostering an Ecosystem of Green Buildings
Investment Objective
Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company
General corporate purposes
Important Dates
Financial Performance
IPO Lot Size
Issue Details
Plot # 53, Careernet Campus,
Kariyammanna Agrahara Road, Devarabisanahalli,
Outer Ring Road,
Bengaluru, Karnataka, 560103
Registrar
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Indiqube spaces limited IPO is a public issue in which the company offers its equity shares to investors through the stock exchange. The IPO allows retail investors, HNIs, and institutional investors to participate.
The IPO price band of Indiqube spaces limited IPO is ₹237 per share, as mentioned in the issue details.
The minimum investment in Indiqube spaces limited IPO is ₹14931, based on the minimum lot size applicable for retail investors.
The lot size of Indiqube spaces limited IPO is 63 shares per lot, and applications must be made in multiples of this lot size.
Indiqube spaces limited IPO opens on 23 Jul 2025 and closes on 25 Jul 2025, as per the announced IPO schedule.
The Indiqube spaces limited IPO subscription status shows how many times the issue has been subscribed across retail, HNI, and institutional categories during the IPO period.
The Indiqube spaces limited IPO GMP (Grey Market Premium) today is around ₹undefined, reflecting current grey market activity before listing.
Indiqube spaces limited IPO GMP is currently negative, indicating prevailing sentiment in the grey market. GMP may change daily based on demand.
A positive Indiqube spaces limited IPO GMP may suggest potential listing interest, while actual listing performance depends on subscription levels and overall market conditions.
From a retail investor perspective, Indiqube spaces limited IPO is evaluated based on pricing, lot size, subscription trends, and market sentiment. Investors should assess these factors before applying.
The Indiqube spaces limited IPO listing date is expected to be 30 Jul 2025, subject to completion of allotment and exchange procedures.
The expected listing price of Indiqube spaces limited shares depends on demand, subscription response, GMP trends, and overall market sentiment at the time of listing.
Indiqube spaces limited IPO allotment status can be checked online once the allotment process is completed using PAN, application number, or DP ID details.
Indiqube spaces limited IPO is categorized as a Mainboard IPO based on the exchange and issue structure.
Yes, Indiqube spaces limited IPO subscription figures and GMP may change during the issue period and before listing due to market activity and investor demand.