Indiqube Spaces Limited IPO
Indiqube Spaces Limited is a managed workplace solutions provider focused on transforming traditional office environments. It offers sustainable, tech-enabled solutions ranging from large corporate hubs to smaller branch offices. By integrating modern interiors, essential amenities, and value-added services, it enhances the overall workplace experience for enterprise clients and their employees.
Price Band₹225 - ₹237 |
Dates23 Jul - 25 Jul |
GMP₹40 (16.88%) |
Subscriptions- |
Issue Size₹700.00 Crs |
Indiqube Spaces IPO Objects
- Funding capital expenditure towards establishment of new centers
- Repayment in full or in part, of certain borrowings availed by our Company
- General corporate purposes
Indiqube Spaces IPO Details
Price Band₹225 - ₹237 |
Listing AtNSE & BSE |
IPO Issue Type100% Book Built Offer |
Fresh Issue₹650.00 Cr (2.74 Cr Shares) |
Offer For Sale₹50.00 Cr (0.21 Cr Shares) |
Total Issue₹700.00 Cr (2.95 Cr Shares) |
Face Value₹1 per equity share |
Indiqube Spaces IPO Lot Information
| Investor Category | Lot | Shares | Amount | |
|---|---|---|---|---|
| Retail |
Minimum
1
63
14,931
Maximum
13
819
1,94,103
|
|||
| Small HNI |
Minimum
14
882
2,09,034
Maximum
66
4,158
9,85,446
|
|||
| Big HNI |
Minimum
67
4,221
10,00,377
|
|||
Indiqube Spaces IPO GMP
The estimated Grey Market Premium of Indiqube Spaces IPO is ₹40 per share (16.88%)
Category Allocation
| Particulars | Allocation |
|---|---|
| QIBs | Not more than 50% of Net Offer |
| Big HNIs (NII) | Not less than 10% of Net Offer |
| Small HNIs (NII) | Not less than 5% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| Employee | Rs. 1.5 Cr |
| Shareholder | NA |
Indiqube Spaces IPO Financials
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue from Operations | 1,059.29 | 830.57 | 579.74 |
| Profit after Tax | -139.62 | -341.51 | -198.11 |
| Net Worth | -3.11 | 130.63 | -308.10 |
| Total Borrowing | 343.96 | 164.02 | 623.16 |
| Total Assets | 4,685.12 | 3,667.91 | 2,969.32 |
| NAV per share (in ₹) | -0.24 | 10.03 | -23.77 |
| EPS - Basic (in ₹) | -7.65 | -26.09 | -15.28 |
The financial information presented is on a consolidated basis.
Key Performance Indicators
| KPI | KPI |
|---|---|
| EBITDA | 58.20% |
| LAT | -12.66% |
| ROCE | 34.21% |
| PE Ratio | -30.98 |
| PB Ratio | -987.50 |
| Mkt Cap (in Crs.) | 3,735.35 |
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Indiqube Spaces IPO Peer Comparision
| Particulars | Indiqube Spaces | Awfis Space Solutions |
|---|---|---|
| Revenue from Ops (in Crs.) | 1,059.29 | 1,207.54 |
| LAT/PAT (In Crs.) | -139.62 | 67.87 |
| EPS - Basic | -7.65 | 9.75 |
| NAV per share | -0.24 | 64.71 |
| RONW | NA | 14.78% |
| EBITDA | 58.20% | 33.32% |
| PAT Margin | -12.66% | 5.38% |
| Price to earning (PE) | -30.98 | 66.66 |
- All information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 16, 2025 for Peers
Indiqube Spaces IPO Peer Comparision
| Particulars | Indiqube Spaces |
|---|---|
| Revenue from Ops (in Crs.) | 1,059.29 |
| LAT/PAT (In Crs.) | -139.62 |
| EPS - Basic | -7.65 |
| NAV per share | -0.24 |
| RONW | NA |
| EBITDA | 58.20% |
| PAT Margin | -12.66% |
| Price to earning (PE) | -30.98 |
| Awfis Space Solutions |
|---|
| 1,207.54 |
| 67.87 |
| 9.75 |
| 64.71 |
| 14.78% |
| 33.32% |
| 5.38% |
| 66.66 |
- All information pertains to FY 2024-25.
- The PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 16, 2025 for Peers
Promoter Details
| Name | Shareholding |
|---|---|
| Anshuman Das | 25.15% |
| Rishi Das | 18.84% |
| Meghna Agarwal | 18.84% |
| Other Promter | 7.53% |
| Total | 70.37% |
Management Details
| Name | Designation |
|---|---|
| Rishi Das | Chairman, & CEO |
| Pawan Jain | CFO |
Company Details
Name: Indiqube Spaces Limited
Address: Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bengaluru – 560 103, Karnataka, India
Number: +91 99000 92210
Email: cs.compliance@indiqube.com
Website: www.indiqube.com
Book Running Lead Managers (BRLMs)
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Visit WebsiteFrequently Asked questions?
Find answers to common questions that come in your mind related to IPO.
Indiqube Spaces IPO is a Mainboard IPO having an issue size of Rs. ₹700.00 Crs. Indiqube Spaces IPO is priced at ₹225 - ₹237 per share. The issue opens on 23 Jul 25 and closes on 25 Jul 25.
Indiqube Spaces IPO opens on 23 Jul 25 and closes on 25 Jul 25.
The estimated Grey Market Premium of Indiqube Spaces IPO is ₹40 per share (16.88%).
The minimum lot size of Indiqube Spaces IPO is 63 shares & the minimum application amount is Rs. 14931.
The allotment date of Indiqube Spaces IPO is 28 Jul 25.
The listing date of Indiqube Spaces IPO is 30 Jul 25.
Indiqube Spaces IPO is subscribed -.
Indiqube Spaces IPO is priced at ₹225 - ₹237 per share.
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