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Indiqube Spaces IPO IPO

Mainline23 Jul 202525 Jul 2025
Open
23 Jul 2025
Close
25 Jul 2025
3
Allotment
Listing
Wed, Jul 30, 2025
Price Band
₹225 to ₹237
Issue Size
2,95,42,340 shares (agg. up to ₹700 Cr)
Lot Size
63 Shares
Listing Date
Wed, Jul 30, 2025
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total7.63x

Restated Financials (₹ Cr.)

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets4,685.123,667.912,969.32
Total Income1,102.93867.66601.28
Profit After Tax-139.62-341.51-198.11
EBITDA660.19263.42258.23
NET Worth-3.11130.63-308.10
Reserves and Surplus-23.30129.44-308.28
Total Borrowing343.96164.02623.16
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
Smartworks Coworking Spaces Ltd.Mainboard₹582.56 Cr₹407null₹445.05+9.35%₹455.50 (-1.93%)
International Gemmological Institute (India) Ltd.Mainboard₹4,225.00 Cr₹41750.98₹471.15+12.99%₹346.35 (-1.17%)
Happy Square Outsourcing Services Ltd.SME₹24.25 Cr₹7610.83₹80.85+6.38%₹44.30 (+4.98%)
Moving Media Entertainment Ltd.SME₹43.40 Cr₹708.49₹74.55+6.50%₹29.80 (-4.94%)
Icon Facilitators Ltd.SME₹19.11 Cr₹9111.72₹85.50-6.04%₹70.40 (+2.03%)
Nukleus Office Solutions Ltd.SME₹31.70 Cr₹23452.33₹196.55-16.00%₹221.70 (-0.54%)
Eleganz Interiors Ltd.SME₹78.07 Cr₹13017.67₹116.05-10.73%₹97.25 (+3.24%)
Chamunda Electrical Ltd.SME₹14.60 Cr₹5016.59₹66.50+33.00%₹44.75 (+3.71%)
EMA Partners India Ltd.SME₹76.01 Cr₹12415.56₹148.70+19.92%₹80.75 (-2.71%)
Supreme Facility Management Ltd.SME₹50.00 Cr₹7618.7₹71.25-6.25%₹24.85 (+5.74%)
Mangal Compusolution Ltd.SME₹16.23 Cr₹4511.66₹42.75-5.00%₹45.03 (-2.11%)
Vision Infra Equipment Solutions Ltd.SME₹106.21 Cr₹16330.69₹215.25+32.06%₹318.20 (+0.74%)
Positron Energy Ltd.SME₹51.21 Cr₹25015.79₹498.75+99.50%₹181.15 (-3.62%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Funding capital expenditure towards establishment of new centers462.65
2Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company93.04
3General Corporate Purposes48.78
4Issue Expenses48.98
Total653.44

About Indiqube Spaces IPO

Incorporated in 2015, Indiqube Spaces Limited provides managed, sustainable, and tech-driven workplace solutions, aiming to transform the traditional office experience for modern businesses. 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 works

Contact Details

Indiqube Spaces Ltd. AddressPlot # 53, Careernet CampusKariyammanna Agrahara Road, DevarabisanahalliOuter Ring RoadBengaluru, Karnataka, 560103+91 99000 92210cs.compliance@indiqube.comVisit Website