Tuesday, July 22, 2025

Indiaqube spaces IPO: You will be able to subscribe from July 23, know how the health and latest GMP of the company? - IndiaQuebe Spaces IPO Gmp Issue to Open 23 July Check Price Lot Size Financials


Indiaqube Spaces IPO: The IPO of the Workplace solution providing the company Indicube Spaces Limited will open for subscription on 23 July. This IPO can be subscribed by 25 July. The company has set a target to raise ₹ 700 crore through the IPO. This issue includes 2.74 crore new shares worth ₹ 650 crore and 0.21 crore shares of ₹ 50 crore for SAIL (O.S). Let us tell you how the company’s health and the entire detail of IPO.

Complete information about IPO

Price Band: ₹ 225 to ₹ 237 per share

Lot size: A lot includes 63 shares in a lot. An investment of minimum ₹ 14,931 will be required to bid.

How long will remain open: 23 to 25 July

Allotment: 28 July

Listing: BSE and NSE on 30 July

In this IPO, 63,291 shares have been reserved for company employees. Employees will also get a discount of ₹ 22.00 at the issue price.

How is the financial health of INDIQOBE Spaces?

INDIQOBE Spaces Limited 2015 is established. The company provides a workplace solution equipped with sustainable and latest technology. The company has made a tremendous improvement compared to its previous financial performance in the financial year ended March 31, 2025, although it is still in loss.

Revenue: In FY 2025, the company’s revenue increased by 27% to ₹ 1,102.93 crore on an annual basis, which was ₹ 867.66 crore in FY 2024.

Net loss: The company’s net deficit declined by 59% to ₹ 139.62 crore, which was ₹ 341.51 crore in FY 2024.

Bitda: Eibitda increased by more than double ₹ 660.19 crore, which was ₹ 263.42 crore a year ago.

Total property: The total assets of the company increased to ₹ 4,685.12 crore in FY 2025, which was ₹ 3,667.91 crore in FY 2024.

Total debt: During this period, the total debt on the company increased to ₹ 343.96 crore, which was ₹ 164.02 crore in FY 2024.

Explain that the company is going to use the money received from the IPO in setting up new centers and paying the current debt.

Gray Market Premium (GMP)

According to experts in the IPO market, the shares of Indqube Spaces Limited currently have a gray market premium 13.50%. The price of its unlisted shares is currently being reported as ₹ 269. By the way, let us tell you that GMP is just a sign of the market movement regarding the listing of IPOs. This gives an estimate of the potential share price before the listing. It is not necessary that the stock is listed at this price.