Archive · 24 Jul 2025
IndiQube Spaces IPO Sees Strong Demand on Second Day
IndiQube Spaces, a company that makes modern workplaces, is selling shares to the public (IPO).
Investors are buying the shares, with the IPO doing well so far.
The company is trying to raise money to grow its business.
Experts have different opinions on whether it's a good idea to invest, with some highlighting the potential for growth and others raising concerns about past financial losses.
The IPO price is set, and the company hopes to start trading its shares on the stock market soon.
IndiQube Spaces IPO was subscribed 1.82 times on its second day.
The IPO price is set at Rs 225-237 per share, aiming to raise Rs 700 crore.
Retail investors' portion was oversubscribed 6.28 times; QIBs saw 45% subscription.
The company provides managed workplace solutions for modern businesses.
GMP has decreased, with analysts holding mixed views on the IPO.
- Who
- IndiQube Spaces, investors, and analysts.
- What
- IndiQube Spaces IPO subscription update.
- When
- The IPO's second day of bidding, ending July 25, 2025.
- Where
- Bangalore-based IndiQube Spaces.
- Why
- To raise capital for business expansion.
Bulls
Bears
Reasons to Subscribe
Bulls
Strong and experienced promoters, growth potential in the sector, diversified business model.
Bears
Loss making nature, pressure on margins and depreciation concerns.
- IPO Price
- Rs 225-237 per share
- Shares Offered
- 1,71,48,335 equity shares
- Subscription Rate
- 1.82 times on day 2
- Retail Subscription
- 6.28 times
- Company Type
- Managed workplace solutions provider
- Net Loss FY25
- Rs 139.62 crore
- Revenue FY25
- Rs 1,102.93 crore
- Tentative Listing Date
- July 30