Published: July 18, 2025
The much-anticipated IndiQube Spaces IPO is set to open for subscription from July 23 to July 25, 2025, offering investors a compelling opportunity to participate in the growth of one of India’s leading flexible workspace providers. The ₹700 crore issue is a bookbuilding IPO, with a mix of fresh capital and an offer for sale (OFS).
IPO Highlights
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IPO Open Dates: July 23, 2025 – July 25, 2025
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Face Value: ₹1 per share
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Price Band: ₹225 to ₹237 per share
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Lot Size: 63 shares
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Total Issue Size: 2,95,35,864 shares (aggregating up to ₹700 Cr)
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Fresh Issue: 2,74,26,160 shares (₹650 Cr)
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Offer for Sale: 21,09,704 shares (₹50 Cr)
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Employee Discount: ₹22 per share
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Listing Exchange: BSE & NSE
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Post-Issue Share Capital: 15,76,09,772 shares
IndiQube Spaces IPO Structure & Reservations
IndiQube’s IPO has allocations reserved for various investor classes:
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Qualified Institutional Buyers (QIBs): Up to 75% of the net offer
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Non-Institutional Investors (NIIs): Up to 15%
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Retail Individual Investors (RIIs): Up to 10%
Investor Bidding Limits:
| Category | Max Bidding Amount | Cut-off Price Allowed |
|---|---|---|
| RII | Up to ₹2 Lakhs | Yes |
| sNII | ₹2 Lakhs – ₹10 Lakhs | No |
| bNII | Above ₹10 Lakhs | No |
| Employee | Up to ₹5 Lakhs | Yes (₹22 discount) |
Employees can apply at discounted rates and combine bids with RII/NII categories, offering added flexibility.
About IndiQube Spaces
IndiQube Spaces is a fast-growing provider of managed office spaces in India, catering to startups, SMEs, and large enterprises. The company operates across major metro cities and offers tech-enabled, customizable workspace solutions. With the rise in demand for flexible and hybrid work models, IndiQube stands at the forefront of a rapidly evolving real estate segment.
Why Investors Are Watching This IPO
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Scalable Business Model in a high-growth flexible workspace segment
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Strong Revenue Potential with urban workspace demand rising post-pandemic
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Brand Recognition among startups and corporates alike
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Attractive Employee Discount for internal stakeholders
Conclusion
The IndiQube Spaces IPO offers investors a chance to tap into India’s booming commercial real estate-as-a-service industry. With a reasonable price band, a healthy mix of fresh capital and OFS, and a clear growth trajectory, this IPO is one to watch.
Stay updated for the IPO allotment and listing date, and consult your advisor before investing.
Keywords: IndiQube IPO 2025, IndiQube Spaces IPO Review, IPO Subscription Dates, Flexible Workspace IPO India, July 2025 IPOs, Bookbuilding IPO India, IPO Price Band
