Indiqube Spaces Ltd. IPO

Indiqube Spaces IPO is a Rs 700 crore book-built issue, comprising a fresh issue of Rs 650 crore and an offer for sale of Rs 50 crore. The IPO will open for subscription on July 23, 2025, and close on July 25, 2025. Allotment is expected on July 28, with listing on BSE and NSE scheduled for July 30. The price band is Rs 225 to Rs 237 per share. Retail investors can apply for a minimum of 63 shares requiring Rs 14,175. sNII requires 14 lots (882 shares) worth Rs 2,09,034, and bNII requires 67 lots (4,221 shares) worth Rs 10,00,377. ICICI Securities is the lead manager, and Link Intime is the registrar.

RHP
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DRHP
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Open Date

2025-07-23

Close Date

2025-07-25

Indiqube Spaces Ltd. IPO Details

Check out the issue details for Indiqube Spaces Ltd. IPO as disclosed in SEBI.

Price Band

₹ 225 - 237

Issue Size

700 Cr.

Issue Type

Book Built

Open

2025-07-23

Close

2025-07-25

Listing Date

2025-07-30

Company Financials

You can get the following financial statements of Indiqube Spaces Ltd. as of now.

Indiqube Spaces IPO Details

The details about the Indiqube Spaces IPO are as follows:

  • The issue size of the IPO is Rs 700.00 Cr.
  • The price band for Indiqube Spaces IPO is Rs 225 to Rs 237.
  • The shares of Indiqube Spaces IPO will list on BSE and NSE.
  • The latest tentative GMP of Indiqube Spaces IPO is Rs 14.
  • The shares of Indiqube Spaces IPO are subscribed 13.00 Times.

 

Indiqube Spaces IPO Valuation

The approximate valuation of Indiqube Spaces IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 237
Existing Shares (Qty) 18.25 Cr
Fresh Issue Rs 650 Cr
Market Cap Rs 4325.25
EPS (FY25) Rs -7.65
Industry PE 66.12x

 

Indiqube Spaces IPO Issue Size

Indiqube Spaces IPO issue size is Rs 700.00 Cr.

Issue Amount
Fresh Issue Rs 650 Cr
Offer For Sale Rs 50 Cr

 

Indiqube Spaces IPO Market Lot

An individual can apply for a minimum of 1 lot of 63 shares and a maximum of 13 lots (819 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 63 Rs 14,931
Retail Maximum 13 819 Rs 1,94,103

 

Indiqube Spaces IPO Share Offer

The shares of Indiqube Spaces IPO are subscribed 13.00 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not less than 75%
Non-Institutional Not more than 15%
Retail Individual Not more than 10%

 

Indiqube Spaces IPO GMP (Grey Market Premium)

As on GMP (Tentative)
23 July 2025 Rs 23
24 July 2025 Rs 16
25 July 2025 Rs 14

Indiqube Spaces IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Indiqube Spaces IPO Dates

Find below the dates for Indiqube Spaces IPO

Schedule Date
Basis of Allotment 28 July 2025
Refunds 29 July 2025
Credit to Demat Account 29 July 2025
IPO Listing Date 30 July 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 344.11 579.74 830.57 1059.29
Total Expenditure 214.63 343.05 604.24 442.74
Operating Profit 129.49 236.69 226.34 616.54
Other Income 11.13 21.54 37.09 43.65
Interest 143.42 188.01 256 330.35
Depreciation 221.19 298.15 392.24 487.14
Exceptional Items 0 0 0 0
Profit Before Tax -224 -227.93 -384.82 -157.3
Provision for Tax -35.62 -29.82 -43.31 -17.69
Net Profit -188.38 -198.11 -341.51 -139.62
Adjusted EPS (Rs.) -1.62 -1.52 -2.63 -1.07

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 0.16 0.18 1.19 20.19
Total Reserves -138.7 -308.28 129.44 -23.3
Borrowings 329.22 573.95 100.15 222.47
Other N/C liabilities 1721.54 2226.68 2715.35 3531.73
Current liabilities 352.57 428.05 621.22 807.62
Total Liabilities 2264.8 2920.58 3567.35 4558.71
Assets
Net Block 2005.78 2546.42 3084.9 3954.84
Capital WIP 21.67 21.13 73.62 114.29
Intangible WIP 4.2 2.85 5.7 0
Investments 2.13 0.97 0.97 0
Loans & Advances 107.09 160.64 158.03 203.03
Other N/C Assets 60.03 78.59 76.88 76.46
Current Assets 63.91 109.99 167.26 210.09
Total Assets 2264.8 2920.58 3567.35 4558.71
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -224 -227.93 -384.82 -157.3
Adjustment 442.42 587.62 898.75 783.78
Changes in Assets & Liabilities -11.25 -26.83 7.9 -1.4
Tax Paid -4.86 -8.97 20.35 -13.43
Operating Cash Flow 202.31 323.89 542.18 611.65
Investing Cash Flow -46.69 -173.68 -192.69 -258.96
Financing Cash Flow -176.36 -149.28 -364.78 -337.49
Net Cash Flow -20.73 0.93 -15.3 15.2
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