Indiqube Spaces IPO Day 2: Check GMP, Subscription Status & Key Highlights
Today is Day 2 of the Indiqube Spaces IPO, which opened yesterday, 23 July 2025. The bidding window is scheduled to close on July 25, 2025.
Indiqube Spaces IPO: Issue Details
Indiqube Spaces IPO is a book-building issue of ₹700 crores, consisting of a fresh issue of ₹650 crores and an offer for sale of ₹50 crores. The price band is set between ₹225 and ₹237 per share. The basis of allotment will be finalised by July 28, 2025, and the tentative listing date on BSE and NSE is July 30, 2025.
Book running lead managers for the IPO are ICICI Securities Limited, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
Indiqube Spaces IPO Day 2 Subscription Status
[24-July-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
1.42 |
|
Non-Institutional Investors |
1.84 |
|
Retail Individual Investors(RIIs) |
6.89 |
|
Employees |
4.47 |
|
Total |
2.54 |
Indiqube Spaces IPO Day 1 Subscription Status
[23-July-2025 5:00:00 PM]
|
Investor Category |
Subscription (Times) |
|
Qualified Institutional Buyers(QIBs) |
0.06 |
|
Non-Institutional Investors |
0.78 |
|
Retail Individual Investors(RIIs) |
3.41 |
|
Employees |
2.83 |
|
Total |
0.87 |
Read More : Indiqube Spaces IPO Day 1 Subscription Status
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used to
- Repay/prepay company’s outstanding borrowings
- Fund capital expenditure to establish new centres
- General corporate purposes
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Indiqube Spaces IPO GMP Details
As of 24 July 2025, Indiqube Spaces's IPO's GMP stood at ₹9. The expected listing gain is ₹423, i.e., a 2.17% gain per share over the upper price band.
Source: Business Standard Report dated 24 July, 2025
Disclaimer: The GMP (Grey Market Premium) price is an unauthenticated market related news and has no discernible basis. The same quoted above is as per news appeared in the media report and is for information purposes only. The investor shall do their own study/research before using the same for taking any decision to invest. We neither engage in, trade, or deal in the grey market nor we recommend or endorse trading in the grey market.
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Indiqube Spaces Business Overview
Indiqube Spaces provides managed office solutions in India. With a presence across major Indian cities including Bangalore, Mumbai, Pune, Hyderabad, Delhi-NCR, and Chennai, the company operates a rapidly growing portfolio of premium office spaces, spanning over 8 million square feet.
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.
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