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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Indiqube Spaces Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹237
Per ShareLot Size
63 Shares
Minimum Investment
₹14,931
Issue Size
₹700 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
70.37%
Promoter Holding (Post-Issue)
60.6%
Issue Type
Book Building
ISIN
INE06ST01018
The Company is a managed workplace solutions company offering comprehensive, sustainable, and technology-driven workplace solutions dedicated to transforming the traditional office experience. Its diverse solutions range from providing large corporate offices (hubs) to small branch offices (spokes) for enterprises and transforming the workplace experience of their employees by combining interiors, amenities and a host of value-added services.
Flexible workspace solutions primarily refer to fully furnished and serviced real estate offerings provided by flexible workspace operators to end users with potential flexibilities built-in around aspects including but not limited to space design, tenure, area, location and product. Multiple leading operators have also now developed the capability to offer multiple value-added and ancillary products and services.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 29,542,340 equity shares of face value of Re.1 each ("Equity Shares") of Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) ("Company" or "Issuer") for cash at a price of Rs.237.00 per equity share (including a share premium of Rs.236.00 per equity share) ("Offer Price") aggregating to Rs.700.00 crores ( "Offer") comprising a fresh issue of 27,432,636 equity shares of face value Re.1 each by the company aggregatingto Rs.650.00 crores ("Fresh Issue") and an offer for sale of 2,109,704 equity shares of face value Re.1 each aggregating to Rs.50.00 crores, comprising an offer for sale of 1,054,852 equity shares of face value Re.1 each aggregating to Rs.25.00 crores by Rishi Das and an offer for sale of 1,054,852 equity shares of face value Re.1 each aggregating Rs.25.00 crores by Meghna Agarwal (collectively, Promoter Selling Shareholders") ("Offer for Sale"). This offer includes a reservation of 69,767 equity shares aggregating up to Rs.1.50 crores of face value Re.1 each (constituting up to 0.03% of the post-offer paid-up equity share capital) for purchase by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer would constitute 14.07% and 14.03%, respectively, of its post-offer paid-up equity share capital. The company in consultation with the brlms offered a discount of up to 9.28% (equivalent to Rs.22 per equity share) to the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity shares is Re.1 each and the offer price is 237 times the face value of the equity shares. A discount of up to 9.28% on the offer price (equivalent of ?22 per equity share) was offered to eligible employees bidding in the employee reservation portion.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Indiqube Spaces Limited was incorporated as "Innovent Spaces Private Limited", a private limited company under the Companies Act, 2013 on January 14, 2015, and was granted the certificate of incorporation by the Registrar of Companies, Kanpur. The registered office of the Company was shifted from the state of Uttar Pradesh to the state of Karnataka pursuant to a special resolution passed by its Shareholders on October 16, 2018. The alteration with respect to the place of the registered office was confirmed by the order of the Regional Director, Bengaluru on November 21, 2019 and a fresh certificate of incorporation was issued by the the Registrar of Companies, Karnataka at Bengaluru ("RoC") on March 19, 2020. Subsequently, the name of the Company was changed to "Indiqube Spaces Private Limited" and a fresh certificate of incorporation dated November 8, 2024 was issued by the RoC. Pursuant to the conversion of the Company into a public limited company and a special resolution passed by our Shareholders at the EGM on November 16, 2024, the name of the Company was changed to "Indiqube Spaces Limited", and the RoC issued a fresh certificate of incorporation on December 17, 2024.
Corporates
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.