Indiqube Spaces IPO Allotment Status

Indiqube Spaces Limited, incorporated in 2015, provides managed, sustainable, and tech-driven workplace solutions, aiming to transform the traditional office experience for modern businesses, offering diverse workplace solutions including corporate hubs and branch offices enhancing employee experience with interiors, amenities, and services, integrating asset renovation, customized models, and B2B/B2C value-added services offering comprehensive workspace solutions with plug-and-play offices, managing a portfolio of 115 centres across 15 cities consisting of 105 operational centres and 10 centres with executed letters of intent covering 8.40 million square feet of area under management with total seating capacity of 186,719 as of March 31, 2025, focusing on acquiring full buildings in high-demand areas with strong infrastructure and low vacancy rates while partnering with landlords to lease and transform aging properties into modern sustainable workspaces, operating in 15 Indian cities including seven Tier I cities and 11 non-Tier I cities, employing 625 permanent employees as of March 31, 2025.

The Indiqube Spaces IPO comes with a total issue size of ₹700.00 crore, comprising a combination of fresh issue of 2.74 crore shares aggregating to ₹650.00 crores and offer for sale of 0.21 crore shares aggregating to ₹50.00 crores. The IPO opened on July 23, 2025, and closed on July 25, 2025. The allotment for the Indiqube Spaces IPO is expected to be finalized on Monday, July 28, 2025. The Indiqube Spaces share price is set at ₹237 per share (fixed price).

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Steps to Check Indiqube Spaces IPO Allotment Status on Registrar Site

• Visit the MUFG Intime India Private Limited (Link Intime) website
• Select "Indiqube Spaces" from the dropdown menu on the allotment status page
• Enter your PAN ID, Demat Account Number, or Application Number in the designated field
• Complete the captcha verification process and click on the "Submit" button to view your allotment status

Steps to Check Indiqube Spaces IPO Allotment Status on BSE

• Navigate to the BSE IPO Allotment Status Page
• Select the issue type: equity/debt
• Choose "Indiqube Spaces" from the list of active IPOs in the dropdown menu
• Input your Application Number and PAN ID in the required fields
• Verify the captcha and click "Search" to check your allotment status

Indiqube Spaces IPO Subscription Status

Indiqube Spaces IPO received strong investor interest, being subscribed 13.00 times overall. The subscription showed good confidence across categories in the Indiqube Spaces stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:37 PM on July 25, 2025:

• Retail Category: 13.28 times
• Non-Institutional Investors (NII): 8.68 times
• QIB Category: 15.12 times
• Employee Category: 6.95 times

Indiqube Spaces Share Price and Investment Details

The Indiqube Spaces stock price is set at ₹237 per share (fixed price) with a minimum lot size of 63 shares. The minimum investment required for retail investors is ₹14,931 for 1 lot (63 shares), while sNII investors need to invest a minimum of ₹2,09,034 for 14 lots (882 shares) and bNII investors need ₹10,00,377 for 67 lots (4,221 shares).

The issue includes a reservation of up to 69,767 shares for employees offered at a discount of ₹22.00 to the issue price. Given the strong subscription response of 13.00 times overall, with QIB category being oversubscribed at 15.12 times, retail at 13.28 times, while NII category showed moderate response at 8.68 times, the Indiqube Spaces share price is expected to list with moderate to good premium.

Utilisation of IPO Proceeds

The funds raised through the IPO will be utilised as follows:

• Capital Expenditure for New Centers: ₹462.65 crore
• Repayment of Borrowings: ₹93.04 crore
• General Corporate Purposes: Remaining amount

Business Overview

The company operates in managed workplace solutions having been in this business since 2015, serving as one of the leading players in the large and growing flexible workspace market in India. Indiqube Spaces operates primarily in the flexible workspace sector, providing acquisition strategy with focus on value creation and demand-driven locations, prudent business management practices with strong operational metrics, capital efficient model with resilience and comprehensive risk mitigation, experienced leadership and prominent investor base, and focus on fostering ecosystem of green buildings through comprehensive offerings including IndiQube Grow, IndiQube Bespoke, IndiQube One, and MiQube™ Workplace Technology Stack across 15 cities with sustainable and tech-driven workplace solutions.