- India,
- 18-Jul-2025 03:20 PM IST
Indiqube Spaces IPO: The IPO of Indiqube Spaces, a workplace solutions provider, will open for subscription on the upcoming Wednesday, July 23, 2025 and close on Friday, July 25, 2025. The company plans to raise a total of Rs 700 crore through this IPO, for which 2,95,35,864 shares will be issued. In this IPO, 2,74,26,160 fresh shares worth Rs 650 crore and 21,09,704 shares worth Rs 50 crore will be issued through Offer for Sale (OFS).Price band and investment detailsIndiqube Spaces has kept the face value of its shares at Rs 1 and has fixed the price band of Rs 225 to Rs 237 per share. The employees of the company will be given a discount of Rs 22 per share in this IPO.The minimum investment for retail investors will be Rs 14,175, in which they will get 1 lot i.e. 63 shares.Retail investors can apply for a maximum of 13 lots i.e. 819 shares, for which an investment of Rs 1,94,103 will have to be made.Share allotment and listing timelineAfter the closure of the IPO, the shares can be allotted on July 28, 2025. The next day, on July 29, 2025, the shares will be credited to the demat accounts of the investors. For those investors who are not allotted shares, the refund will be processed on the same day i.e. on July 29.This is a mainboard IPO, which will be listed on two major stock exchanges of India—BSE and NSE. Shares of IndiQube Space can be listed for trading in the stock market on July 30, 2025.About IndiQube SpacesIndiQube Spaces is a company that provides modern and flexible workplace solutions. It provides customized office spaces for startups, small businesses and large corporates. This IPO of the company can be an attractive opportunity for investors who want to take advantage of the growing demand in the workspace sector.Investors are advised to study the Red Herring Prospectus (RHP) of the company and consult their financial advisors before investing in the IPO.
