Indiqube Spaces Ltd, a fast-growing managed workspace provider, is coming up with its Initial Public Offering (IPO). With its strong presence in India’s coworking space market, this IPO is attracting significant attention from investors. Let’s explore the key details, including its Grey Market Premium (GMP), important dates, and pricing information.
About Indiqube Spaces
Indiqube Spaces Ltd is headquartered in Bengaluru and specializes in providing customized and scalable office solutions. Since its inception in 2015, the company has expanded rapidly and now operates over 115 centers across 15 cities, covering around 8.4 million sq. ft. of workspace. The company serves top clients like Myntra, Enphase, and Siemens, reflecting its credibility in the market.
Indiqube Spaces IPO Dates
Here are the important dates for investors:
| Event | Date |
|---|---|
| IPO Opening Date | July 23, 2025 |
| IPO Closing Date | July 25, 2025 |
| Basis of Allotment | July 28, 2025 |
| Refund Initiation | July 29, 2025 |
| Shares Credited to Demat | July 29, 2025 |
| IPO Listing Date | July 30, 2025 |
Price Band and Lot Size
The company has set a price band of ₹225 – ₹237 per share.
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Lot size: 63 shares
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Minimum investment: ₹14,931 (for retail investors)
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Maximum retail investment: ₹1,94,103 (13 lots)
This makes it accessible for small and large retail investors alike.
IPO Size and Objective
The total IPO size is ₹700 crore, comprising:
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Fresh issue: ₹650 crore
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Offer for Sale (OFS): ₹50 crore
The funds raised will be used for:
Expanding workspace infrastructure and opening new centers
Repaying existing debts
General corporate purposes
Indiqube Spaces IPO GMP Today
The Grey Market Premium (GMP) for Indiqube Spaces IPO is currently trending around ₹40 per share, indicating strong interest among investors. This suggests the stock could list at a premium of around 16–17% over the upper price band.
Should You Apply for Indiqube Spaces IPO?
Here are some pros and cons to consider:
Positives
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Strong presence in the growing coworking and flexible workspace industry
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Diversified and reputed client base
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Attractive GMP suggesting good listing gains
Risks
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Competitive sector with players like Awfis and Smartworks
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Market uncertainty in commercial real estate demand
Investors looking for short-term listing gains may find this IPO attractive, but long-term investors should evaluate the financials and future growth plans carefully.
Final Thoughts
The Indiqube Spaces IPO has generated significant buzz in the market due to its promising growth trajectory and healthy GMP. With the IPO opening on July 23, 2025, it’s the right time for investors to evaluate their investment strategy and make an informed decision.
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