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IndiQube Spaces Up 2% After ₹54 Crore Leasing Deal with GCC Client

News by Aliceblue News Desk

20 Mar 2026

IndiQube Spaces Up 2% After ₹54 Crore Leasing Deal with GCC Client

Introduction

Leading managed workspace solutions provider has signed a ₹54 crore leasing deal for 1,140 seats with a major Global Capability Centre client at its Pune facility.

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Share price movement of IndiQube Spaces Ltd

On 20th March, IndiQube Spaces Ltd opened at ₹151.95, up 3.82% from its previous close of ₹146.35. The stock reached a high of ₹160.30 (9.52%) and a low of ₹147.00. By the close, it traded at ₹152.86, a 4.44% increase, with a market cap of ₹3,158.28 crore.

GCC Workspace Deal In Pune

IndiQube Spaces Limited signed a workspace leasing agreement with a leading Global Capability Centre client in Pune. The GCC client has taken up 1,140 seats at IndiQube Orchid, spread across multiple floors. The deal is valued at approximately ₹54 crore over a tenure of five years.

The workspace includes labs, server rooms, collaborative hubs, focused bays, phone booths, and training zones within a single integrated workplace. IndiQube Cofounder Rishi Das stated that nearly 40% of the company’s client portfolio now comprises GCC clients. GCCs are increasingly preferring partners like IndiQube to fully outsource their workspace requirements.

IndiQube CoFounder Meghna Agarwal said the space has been designed closely around the client’s global operating needs. The company currently has presence in 17 cities with over 9.55 million sq ft under management across India.

Stock performance of IndiQube Spaces Ltd  for Period of 1 week, 6 months, and 1 year

IndiQube Spaces Ltd delivered a 1-week return of -2.43%, a 6-month return of -38.5%, and a 1-year return of N/A%.

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Shareholding Pattern of IndiQube Spaces Ltd

ParticularsDec 2025Sep 2025Jun 2025
Promoter60.00%60.60%60.60%
FII2.30%2.70%22.90%
DII14.70%14.40%12.00%
Public23%22.40%4.50%

About IndiQube Spaces Ltd

IndiQube Spaces Ltd (NSE: INDIQUBE) is an integrated tech-enabled workspace solutions provider offering managed office solutions to startups, GCCs, and large enterprises across 17 Indian cities.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is IndiQube Spaces Ltd. share price rising today?

A: IndiQube Spaces Ltd signed a 1,140-seat workspace leasing deal worth ₹54 crore over five years with a major GCC client in Pune.

Q: What is IndiQube Spaces Ltd’s main business focus?

A: IndiQube Spaces Ltd provides managed workspace solutions combining design, technology, and hospitality with over 9.55 million sq ft under management.

Q: What are the 52-week high and low of IndiQube Spaces Ltd. stock?

A: IndiQube Spaces Ltd’s 52-week high is ₹244 and 52-week low is ₹135 on the NSE.

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Aliceblue News Desk

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