🏢 Company Overview
- Incorporated in 2015 as Innovent Spaces Private Limited and later renamed Indiqube Spaces Limited after restructuring in late 2024.
- Specializes in managed workplace solutions—tech‑driven, sustainable, and flexible office spaces for corporates and SMEs, combining interiors, amenities, and ancillary services across its offerings such as IndiQube Grow, Bespoke, and One, supported by its MiQube tech platform.
🏙️ Presence & Scale
- Operates 115 centers across 15 cities in India, including both Tier‑1 and Tier‑2 cities—cities like Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad, Coimbatore, Kochi, Madurai, Jaipur, Calicut, and Vijayawada.
- Boasts approximately 7.8 million sq. ft. AUM with capacity for ~172,000 seats in 103 centers across 13 cities as of mid‑2024
Final Thought
Indiqube is a significant player in India’s flexible workspace sector, demonstrating strong revenue growth and operational scale. Yet it remains loss-making, with geographic concentration and regulatory/legal exposures to watch closely. The IPO is compelling from a listing-gain perspective—but for long‑term investors, waiting for clearer profitability signals might be advisable.
Indiqube Spaces Ltd. IPO Timetable
| Particular | Date |
| IPO Open Date | 23 July 2025 |
| IPO Close Date | 25 July 2025 |
| Allotment Date | 28 July 2025 |
| IPO Listing Date | 30 July 2025 |
Indiqube Spaces Ltd. IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 1 Per Equity Share |
| IPO Price | Rs. 225 to 237 Per Equity Share |
| Market Lot | 63 Share |
| ISIN Code | |
| Listing At | NSE & BSE |
| Issue Size | Approx. Rs. 700 Crore. |
Indiqube Spaces Ltd. IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 63 | Rs. 14931 |
| Maximum | 13 | 819 | Rs. 194103 |
| Small HNI (Minimum) | 14 | 882 | Rs. 209034 |
| Big HNI (Minimum) | 67 | 4221 | Rs. 1000377 |
Indiqube Spaces Ltd. IPO Allotment Status
Click Here To Check IPO Allotment Status Indiqube Spaces Ltd. IPO
Click Here To Get ASBA Forms Indiqube Spaces Ltd. IPO
Company Financials :
| Particular | 31 March 2025 | 31 March 2024 | 31 March 2023 |
| Total Assets | 4685.12 | 3667.91 | 2969.32 |
| Total Revenue | 1102.93 | 867.66 | 601.28 |
| Profit After Tax | -139.62 | -341.51 | -198.11 |
Company Promoters:
Rishi Das, Meghna Agarwal and Anshuman Das are the promoters of the company.
Objects of this Issue:
- Funding capital expenditure towards establishment of new center.
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company.
- General corporate purposes
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Indiqube Spaces Ltd. Plot # 53, Careernet Campus, Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bengaluru, Karnataka, 560103 Phone: +91 99000 92210 Email: cs.compliance@indiqube.com Website: http://www.indiqube.com | MUFG Intime India Private Limited (Link Intime) Phone: +91-22-4918 6270 Email: indiqubespaces.ipo@linkintime.co.in Website: https://linkintime.co.in/Initial_Offer/public-issues.html |
