
Real Estate · NSE / BSE
Founded in 2015, this company offers tech-driven and sustainable managed workplace solutions. It operates 103 centers across 13 cities, covering 7.76 million square feet with 172,451 seats. Between March 2022 and June 2024, it added 41 new properties and expanded to five new cities. About 31.67% of its portfolio includes renovated buildings. Its presence spans major cities like Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, and Hyderabad, along with other cities such as Coimbatore, Kochi, Madurai, Jaipur, Calicut, and Vijayawada. The company provides flexible co-working spaces, fully customizable premium office setups, and property management services enhanced by technology. It also offers an app for desk bookings, transport, meals, helpdesk, and events. Its business model focuses on acquiring full buildings in high-demand areas and working with landlords to renovate older spaces into modern work environments, primarily catering to large enterprise clients. As of June 30, 2024, the company employs 625 permanent staff members.
Price Band
₹225 – ₹237
Issue Size
₹700 Cr
Lot Size
63 shares
GMP
Est. Listing
₹237
at current GMP
Subscribed
12.41x
overall
Open
23 Jul 2025
Close
25 Jul 2025
Allotment
28 Jul 2025
Refund
29 Jul 2025
Demat Credit
30 Jul 2025
Listing
30 Jul 2025
Overall Subscription
12.41x
Total Demand
QIB Multiplier
15.12x
Institutions & Funds
NII / HNI
8.72x
High Net-Worth
Retail (RII)
13.59x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 8,841,772 | 133,668,801 | 15.12x |
| NIB | 4,420,886 | 38,532,438 | 8.72x |
| HNIs(10L +) | 2,947,257 | 24,620,652 | 8.35x |
| HNIs (2-10L) | 1,473,629 | 13,911,786 | 9.44x |
| RETAIL | 2,947,257 | 40,040,343 | 13.59x |
| EMPLOYEES | 69,767 | 504,378 | 7.23x |
| Total | 20,700,568 | 251,278,398 | 12.41x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 46,782 | 635,561 | 13.59x |
| HNIs(10L +) | 3,342 | 27,915 | 8.35x |
| HNIs (2-10L) | 1,671 | 15,773 | 9.44x |
| Total Applications | 51,795 | 679,249 | 13.11x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Indiqube Spaces Limited is bringing an initial public offering (IPO) in the Real Estate sector with an aggregate issue size of ₹700 Crores. The shares are offered at a price band of ₹225 to ₹237 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-07-25, the basis of allotment is scheduled to be finalized on 2025-07-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd) or the BSE allotment checking window.
Currently, Indiqube Spaces Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹225 to ₹237 per equity share.
The retail lot size is 63 shares requiring a minimum application amount of ₹14,931. Expected listing price is ₹237 per equity share.
The Indiqube Spaces Limited IPO aggregate issue size is ₹700 Crores with an equity price band set at ₹225 to ₹237 per equity share. The retail lot size is 63 shares requiring a minimum capital outlay of approx. ₹14,931.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 12.41x (Retail: 13.59x, QIB: 15.12x, NII: 8.72x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2025-07-28. Investors can verify status using PAN card or application number.
Indiqube Spaces Limited shares are scheduled to list on NSE and BSE on 2025-07-30.