Indiqube Spaces IPO GMP & Review: Apply or Avoid?

Indiqube Spaces’ IPO is open for bidding from 23rd July 2025 to 25th July 2025. It is a book-building IPO of ₹700.00 crore, comprising entirely a fresh issue of 2.74 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 30th July 2025. 

Indiqube Spaces IPO Details 

Indiqube Spaces IPO date is fixed between 23rd July 2025 and 25th July 2025. The face value of the Indiqube Spaces at ₹10 per share, and the IPO Issue price band is set at ₹225 to ₹237 per share.

Indiqube Spices Limited is the registrar of the Indiqube Spaces IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Indiqube Share IPO Share Reservation

Indiqube Share IPO: It is a book-building IPO of ₹700.00 crore, comprising entirely a fresh issue of 2.74 crore shares. Indiqube Spaces IPO shares will be listed on the BSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Indiqube Share IPO GMP Grey Market Premium

Indiqube Share IPO GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Indiqube Share IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 22nd July 2025, Indiqube Spaces IPO GMP stands at ₹32 per share, which means the share will likely show a listing at ₹269 (237+32) on its tentative listing date, 30th July 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Indiqube Spaces IPO GMP. Stay informed with Univest to know about real-time insights on IPOs and their GMP trends. 

Indiqube Spaces IPO GMP Review

Check out the detailed Indiqube Spaces IPO GMP review for a thorough understanding of its potential to report listing gains on 30th July 2025. The Indiqube Spaces IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Indiqube Spaces IPO.

Indiqube Spaces Limited’s revenue soared 27% from ₹867.66 crores in March 2024 to ₹ 1,102.93 crores in March 2025. Moreover, the company’s PAT increased by 59% from ₹-341.51 crores in March 2024 to ₹-139.62 crores in March 2025.

The Indiqube Spaces IPO has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Indiqube Spaces IPO for its tentative listing day, which is 30th July 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Indiqube Spaces IPO.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Indiqube Spaces Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Indiqube Spaces IPO Subscription Status

Indiqube Spaces IPO is to be opened for bidding on 22nd July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Indiqube Spaces IPO Subscription Status. 

About Indiqube Spaces Limited

Indiqube Spaces was incorporated in 2015. Indiqube Spaces Limited managed Sustainability and technological advances in their business operations to transform the technological business experience into a modern business. The company manages a portfolio of 115 centers across 15 cities, consisting of 105 operational and 10 centers for which the company has executed letters of intent. Between March 31, 2023, and March 31, 2025, they added 41 properties and expanded to five new cities.

• One of the leading players in the Large and Growing Flexible Workspace Market in India.
• Acquisition Strategy with a Focus on Value Creation and Demand-Driven Locations.
• Prudent Business Management Practices with Strong Operational Metrics
• Capital Efficient Model with Resilience and Comprehensive Risk Mitigation
• Experienced Leadership and Prominent Investor Base
• Focussed on Fostering an Ecosystem of Green BuildingIndiqube Shares Financials

Indiqube Spaces Limited Financials

The company’s financial analysis is essential before applying for the Indiqube Spaces IPO. Look at the table to learn about Indiqube Spaces’ financials. 

Explanation

Indiqube Spaces Limited’s revenue soared 27% from ₹867.66 crores in March 2024 to ₹1,102.93 crores in March 2025. Moreover, the company’s PAT increased by 59% from ₹(341.51) crores in March 2024 to ₹(139.62) crores in March 2025.

Indiqube Spaces IPO Bidding Requirements

Investors can bid for a minimum of 63 shares and in multiples thereof.  The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount. Indiqube Spaces IPO has reserved lot sizes to be applied to different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO.

Use the lot size calculator to find how many shares you should apply!

Indiqube Spaces IPO Promoter Holdings

Have a look at the table. Below are the Promoter holdings of Indiqube Spaces promoters:

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue

Aim of Indiqube Spaces IPO

The primary aim of the Indiqube Spaces IPO is to raise ₹700.00 crores. On the other hand, Indiqube Spaces has decided to utilise these funds in different ways. Explore some of the secondary objectives for the Indiqube Spaces.

• To meet General Purposes
• To fund capital expenditure towards the establishment of new centers
• To Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company

Should I Invest in Indiqube Space IPO?

“ISL is engaged in managed and tech-savvy workplace solutions that are having high demand in the southern region. The company enjoys a good market share as well as preference amongst IT giants. While its top line marked steady growth, it posted losses for the reported years on account of the Ind AS accounting standards. Based on its losses for the last three fiscals, the issue is priced negatively. Well-informed/cash-surplus investors may park moderate funds for medium to long term”. ~Dilip Davda (Chief Editor at Chittorgarh).

    Pros of Indiqube Space IPO

• Strong Revenue & Growth Momentum
• Positive Market Sentiments
• Flexible Business Operations
• Supported by reputed Investors
• Diversified Client Portfolio
• Robust EBITDA

      Cons of Indiqube Spaces  IPO

• Operational Risk 
• Regulatory & Legal Proceedings

How to Apply for Indiqube Spaces IPO?

Check the steps mentioned below to apply for Indiqube Spaces Ltd.

• Step 1: Conduct thorough research on the Indiqube Spaces IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 1 lot 63 share at ₹14,931
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Indiqube Spaces IPO from more than one demat account to increase your allotment chances. 

How to Check Indiqube Spaces IPO Allotment Status?

You can check for the Indiqube Spaces IPO allotment in different ways. These include BSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Site.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose the Indiqube Spaces IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal.
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Indiqube Spaces IPO allotment status.

Also Read : Bajaj Energy IPO GMP & Review: Apply or Avoid?

Let’s Wrap

The Indiqube Spaces IPO is a bookbuilding issue of shares worth ₹700.00 crores. The shares of Indiqube Spaces Limited will be listed on BSE and NSE on its tentative listing date of 30th July 2025. Researching the Indiqube Spaces IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on Indiqube Spaces IPO

How is the Indiqube Spaces IPO?

Ans. Currently, on 22nd July 2025, the Indiqube Spaces (Grey Market Premium) stands at ₹32. It indicates that the estimated listing price could be ₹269 per share. It is a bookbuilding IPO of an entirely fresh issue worth ₹2.74 crores. The face value of each share of Indiqube Spaces is ₹1 per share.

What is the Indiqube Spaces IPO price?

Ans. The Indiqube Spaces issue price is set at ₹225 to ₹237 per share. Retail investors can apply for a minimum of 63 shares worth ₹14,715.

Is the Indiqube Spaces IPO good?

Ans. Indiqube Spaces Limited’s revenue soared 27% from ₹867.66 crores in March 2024 to ₹ 1,102.93 crores in March 2025. Moreover, the company’s PAT increased by 59% from ₹(341.51) crores in March 2024 to ₹(139.62) crores in March 2025. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the Indiqube Spaces IPO?

Ans. MUFG Intime India Private Limited is the registrar of the Indiqube Spaces IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Indiqube Spaces allotment and refund, you can contact. MUFG Intime India Private Limited at  indiqubespaces.ipo@linkintime.co.in or +91-22-4918 6270

What is the issue size of the Indiqube Spaces IPO? 

Ans Indiqube Spaces IPO is a bookbuilding IPO of ₹700.00 crores. Entirely a fresh issue of 2.74 crore shares. Moreover, the IPO is set to open on 22nd July 2025 and will be closed on 25th July 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Indiqube Spaces issue IPO, download the Indiqube Spaces IPO RHP and Indiqube Spaces IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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