Archive · 25 Jul 2025
Indiqube Spaces IPO Closing Today: Subscription, GMP, and Allotment
Indiqube Spaces, a company that provides office spaces, is ending its IPO (Initial Public Offering), which is like asking people to buy shares of their company.
The IPO is closing today, July 25, with each share costing Rs 237.
People have shown some interest, especially retail investors.
Experts have different views, with some saying it's fully priced while others recommend investing for the long term.
The shares are expected to be available to trade on July 30.
Indiqube Spaces IPO bidding closes today, July 25, with the price band set at Rs 237 per share.
The IPO has received moderate interest, with an overall subscription of 2.98 times as of the final day.
Retail investors showed higher participation, subscribing 8.29 times, while QIBs subscribed 1.49 times.
Grey market premium (GMP) is Rs 10, potentially listing the shares at Rs 247, a 4.22% gain.
Share allotment is expected on July 28, with listing on NSE and BSE scheduled for July 30.
- Who
- Indiqube Spaces, a flexible workspace provider, is offering the IPO.
- What
- The Indiqube Spaces IPO is closing.
- When
- The IPO closes on July 25, with allotment on July 28 and listing on July 30.
- Where
- Shares will be listed on the NSE and BSE in India.
- Why
- To raise capital through a mix of fresh issuance and offer for sale of shares.
- IPO Price
- Rs 237 per share
- Subscription (Overall)
- 2.98 times
- Retail Subscription
- 8.29 times
- GMP
- Rs 10
- Allotment Date
- July 28
- Listing Date
- July 30
- Lead Manager
- ICICI Securities