{"id":11723,"date":"2025-07-21T18:18:26","date_gmt":"2025-07-21T12:48:26","guid":{"rendered":"https:\/\/www.torusdigital.com\/toruscope\/?p=11723"},"modified":"2025-07-21T18:18:26","modified_gmt":"2025-07-21T12:48:26","slug":"indiqube-spaces-ltd-ipo-opens-july-23-must-know-details","status":"publish","type":"post","link":"https:\/\/www.torusdigital.com\/toruscope\/news\/indiqube-spaces-ltd-ipo-opens-july-23-must-know-details\/","title":{"rendered":"IndiQube Spaces Ltd. IPO Opens: Key Details Investors Shouldn\u2019t Miss"},"content":{"rendered":"

[vc_section el_id=”blog-inner-layout”][vc_row overlay_dotted=””][vc_column el_class=”blog_primary”][vc_row_inner][vc_column_inner][vc_column_text css=””]The SME IPO 2025 market continues to gain momentum in July 2025, providing a vital platform for innovative businesses to raise the capital needed for expansion. IndiQube Spaces Ltd., a leading provider of tech-enabled managed workspaces, is set to launch its IPO on July 23, 2025. By tapping into public markets, the company aims to fuel its growth strategy and expand its footprint across India\u2019s rapidly evolving workspace sector. As investors seek valuable opportunities in India\u2019s booming flexible workspace market, understanding the details of this IPO is essential for making well-informed investment decisions.<\/span><\/p>\n

This article breaks down the key features of <\/span>IndiQube Spaces IPO<\/span><\/a>, offering crucial insights for potential investors.<\/span><\/p>\n

<\/span>About IndiQube Spaces Ltd.<\/b><\/span><\/h2>\n

Incorporated in 2015, IndiQube Spaces Limited specialises in providing managed, sustainable, and technology-driven workplace solutions. They offer a diverse range of flexible office spaces, including corporate hubs and branch offices, focusing on enhancing the employee experience through thoughtful interiors, amenities, and services. As of March 31, 2025, IndiQube manages a substantial portfolio of 115 centres across 15 cities, covering 8.40 million square feet of area under management with a total seating capacity of 186,719.<\/span><\/p>\n

The company’s “enterprise-first” strategy caters to large clients with long-term, scalable workspace needs. Their competitive strengths include acquiring full buildings in high-demand areas for transformation into modern workspaces, a focus on sustainable green buildings, and a strong client base including well-known names like Zerodha and Myntra.<\/span><\/p>\n

<\/span>IndiQube Spaces Ltd. IPO Details<\/b><\/span><\/h2>\n

The IndiQube Spaces IPO-SME IPO 2025 details include a book-building issue aggregating up to \u20b9700.00 crore. It comprises a fresh issue of 2.74 crore shares (\u20b9650.00 crore) and an Offer for Sale (OFS) of 0.21 crore shares (\u20b950.00 crore).<\/span><\/p>\n

<\/span>Important IPO Timeline<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n
Event<\/b><\/td>\nDate<\/b><\/td>\n<\/tr>\n
IPO Open Date<\/b><\/td>\nWed, Jul 23, 2025<\/span><\/td>\n<\/tr>\n
IPO Close Date<\/b><\/td>\nFri, Jul 25, 2025<\/span><\/td>\n<\/tr>\n
Tentative Allotment<\/b><\/td>\nMon, Jul 28, 2025<\/span><\/td>\n<\/tr>\n
Initiation of Refunds<\/b><\/td>\nTue, Jul 29, 2025<\/span><\/td>\n<\/tr>\n
Credit of Shares to Demat<\/b><\/td>\nTue, Jul 29, 2025<\/span><\/td>\n<\/tr>\n
Tentative Listing Date<\/b><\/td>\nWed, Jul 30, 2025<\/span><\/td>\n<\/tr>\n
Cut-off time for UPI confirmation<\/b><\/td>\n5 PM on July 25, 2025<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Key IPO Details<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Particulars<\/b><\/td>\nDetails<\/b><\/td>\n<\/tr>\n
IPO Date<\/b><\/td>\nJuly 23, 2025 to July 25, 2025<\/span><\/td>\n<\/tr>\n
Listing Date<\/b><\/td>\n[.]<\/span><\/td>\n<\/tr>\n
Face Value<\/b><\/td>\n\u20b91 per share<\/span><\/td>\n<\/tr>\n
Issue Price Band<\/b><\/td>\n\u20b9225 to \u20b9237 per share<\/span><\/td>\n<\/tr>\n
Lot Size<\/b><\/td>\n63 Shares<\/span><\/td>\n<\/tr>\n
Sale Type<\/b><\/td>\nFresh Capital-cum-Offer for Sale<\/span><\/td>\n<\/tr>\n
Total Issue Size<\/b><\/td>\n2,95,35,864 shares (aggregating up to \u20b9700.00 Cr)<\/span><\/td>\n<\/tr>\n
Fresh Issue<\/b><\/td>\n2,74,26,160 shares (aggregating up to \u20b9650.00 Cr)<\/span><\/td>\n<\/tr>\n
Offer for Sale<\/b><\/td>\n21,09,704 shares of \u20b91 (aggregating up to \u20b950.00 Cr)<\/span><\/td>\n<\/tr>\n
Employee Discount<\/b><\/td>\n\u20b922.00<\/span><\/td>\n<\/tr>\n
Issue Type<\/b><\/td>\nBookbuilding IPO<\/span><\/td>\n<\/tr>\n
Listing At<\/b><\/td>\nBSE, NSE<\/span><\/td>\n<\/tr>\n
Shareholding Pre-Issue<\/b><\/td>\n18,25,78,871 shares<\/span><\/td>\n<\/tr>\n
Shareholding Post-Issue<\/b><\/td>\n21,00,05,031 shares<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>Lot Size of IndiQube Spaces Ltd. IPO<\/b><\/span><\/h2>\n\n\n\n\n\n\n\n\n
Application<\/b><\/td>\nLots<\/b><\/td>\nShares<\/b><\/td>\nAmount<\/b><\/td>\n<\/tr>\n
Retail (Min)<\/b><\/td>\n1<\/span><\/td>\n63<\/span><\/td>\n\u20b914,931<\/span><\/td>\n<\/tr>\n
Retail (Max)<\/b><\/td>\n13<\/span><\/td>\n819<\/span><\/td>\n\u20b91,94,103<\/span><\/td>\n<\/tr>\n
S-HNI (Min)<\/b><\/td>\n14<\/span><\/td>\n882<\/span><\/td>\n\u20b92,09,034<\/span><\/td>\n<\/tr>\n
S-HNI (Max)<\/b><\/td>\n66<\/span><\/td>\n4,158<\/span><\/td>\n\u20b99,85,446<\/span><\/td>\n<\/tr>\n
B-HNI (Min)<\/b><\/td>\n67<\/span><\/td>\n4,221<\/span><\/td>\n\u20b910,00,377<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span>IndiQube Spaces Ltd. Financials<\/b><\/span><\/h2>\n

IndiQube Spaces Ltd.’s revenue from operations increased by 27% to \u20b91,102.93 crore in FY25 from \u20b9867.66 crore in FY24. While the company reported a net loss, it significantly narrowed from \u20b9341.51 crore in FY24 to \u20b9139.62 crore in FY25.<\/span><\/p>\n

<\/span>Key Performance Indicators (as of Mar 31, 2025)<\/b><\/span><\/h2>\n