Indiqube Spaces IPO Date, Price, Details
Indiqube Spaces is set to launch its IPO in 2025, with the issue expected to remain open for subscription for a few days within the year. This public offering follows the Book Built Issue route, aiming to mobilize approximately ₹850 crores. Out of this, ₹750 crores will be raised through a fresh issue, while the remainder will be an offer for sale of equity shares, each carrying a face value of ₹1.
The IPO price band is yet to be announced. The allocation split includes 75% for Qualified Institutional Buyers (QIBs), 15% for High Net-Worth Individuals (HNIs), and 10% reserved for retail investors. Indiqube Spaces is likely to get listed on both the BSE and NSE following the IPO. The final allotment date will also be disclosed in due course.
On the financial front, the company posted revenue of ₹867.66 crores for FY 2024, a notable rise from ₹601.28 crores in FY 2023. However, it also reported a widening net loss of ₹341.74 crores in 2024, compared to a loss of ₹197.9 crores the previous year
Indiqube Spaces IPO Dates
The Indiqube Spaces IPO date is 2025 and the close date is 2025. The Indiqube Spaces IPO allotment will be finalized on 2025 and the IPO listing on 2025.
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Basis of Allotment: | 2025 |
Refunds: | 2025 |
Credit to Demat Account: | 2025 |
IPO Listing Date: | 2025 |
Indiqube Spaces IPO Details
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Face Value: | ₹1 Per Equity Share |
IPO Price Band: | ₹[.] to ₹[.] Per Share |
Issue Size: | Approx ₹850 Crores |
Fresh Issue: | Approx ₹750 Crores |
Offer for Sale: | Approx [.] Equity Shares |
Issue Type: | Book Build Issue |
IPO Listing: | BSE & NSE |
Retail Quota: | Not more than 10% |
QIB Quota: | Not more than 75% |
NII Quota: | Not more than 15% |
Indiqube Spaces IPO Valuation – FY2024 (KPI)
Check Indiqube Spaces IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
KPI | Values |
ROE: | -% |
ROCE: | 38.52% |
EBITDA Margin: | 27.25% |
PAT Margin: | (39.36)% |
Debt to equity ratio: | – |
Earning Per Share (EPS): | ₹(26.09) (Basic) |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | (261.43)% |
Net Asset Value (NAV): | ₹10.03 |
Indiqube Spaces IPO Company Financial Report
The company posted a total revenue of ₹867.66 crores for the financial year 2024, showing a significant increase from ₹601.28 crores reported in 2023. Despite the growth in revenue, the net loss widened to ₹341.74 crores in FY 2024, compared to a loss of ₹197.9 crores in the previous year.
(All figures are in ₹ crores)
Period Ended | Revenue | Expense | Profit After Tax | Assets |
2022 | ₹355.24 | ₹579.24 | ₹188.93 | ₹2,283.79 |
2023 | ₹601.28 | ₹829.21 | ₹197.90 | ₹2,969.32 |
2024 | ₹867.66 | ₹1,252.48 | ₹341.74 | ₹3,667.91 |
June 2024 | ₹251.30 | ₹290.60 | ₹42.11 | ₹4,065.74 |
Indiqube Spaces IPO Dates
The Indiqube Spaces IPO date is 2025 and the close date is 2025. The Indiqube Spaces IPO allotment will be finalized on 2025 and the IPO listing on 2025.
IPO Open Date: | 2025 |
IPO Close Date: | 2025 |
Basis of Allotment: | 2025 |
Refunds: | 2025 |
Credit to Demat Account: | 2025 |
IPO Listing Date: | 2025 |
Promoters of Indiqube Spaces IPO
The promoters of the company are Rishi Das, Meghna Agarwal and Anshuman Das.
About Indiqube Spaces IPO
Indiqube Spaces Limited was founded in 2015 and is one of the prominent companies that focuses on offering managed, sustainable, and tech-driven workplace solutions with an aim to transform traditional-looking offices into modern businesses. The company is known to provide a wide range of workplace solutions that consist of corporate hubs and branch offices to improve the employee experience with interiors, amenities, and services. The company offers complete workspace solutions by combining asset renovation, customized designs, and value-added services to both businesses and individuals. Currently, the company operates 103 centers across 13 cities including seven Tier I cities (Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad) and six non-Tier I cities (Coimbatore, Kochi, Madurai, Jaipur, Calicut, Vijayawada), covering 7.76 million square feet of AUM with 172,451 seats. To expand, they added 41 properties to 5 new cities between March 31, 2022, to June 30, 2024. As of June 30, 2024, the company includes 625 permanent employees.
Peer Group Comparison
Company | EPS | PE Ratio | RoNW % | NAV | Income |
Awfis Space Solutions Limited | (2.79) | NA | (6.99)% | 127.74 | 874.80 Cr. |
Objects of the IPO
To finance capital expenditure related to setting up new facilities
To repay or prepay, either fully or partially, certain outstanding loans taken by the Company
To support general corporate activities
Merchant Bankers
- ICICI Securities Limited
- Jm Financial Limited
Company Address
Indiqube Spaces Ltd.
Plot # 53, Careernet Campus,
Kariyammanna Agrahara Road, Devarabisanahalli,
Outer Ring Road,
Bengaluru, Karnataka, 560103
Phone: +91 99000 92210
Email: [email protected]
Website: http://www.indiqube.com/
Indiqube Spaces IPO Registrar
MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Check Grey market premium at below
(GMP)