Indiqube Spaces IPO Subscribed 13x on Final Day, QIB Leads with 15.12x

Indiqube Spaces' initial public offering (IPO) has demonstrated robust investor demand through its third and final day of subscription, with Indiqube Spaces' stock price set at ₹237 per share reflecting positive market reception. The ₹700.00 crore IPO reached 13.00 times by 5:04:37 PM on day three, indicating strong investor interest in this managed workplace solutions provider incorporated in 2015.

Indiqube Spaces IPO qualified institutional buyers segment leads with strong 15.12 times subscription, whilst retail investors demonstrate solid participation at 13.28 times and non-institutional investors show robust interest at 8.68 times, reflecting positive investor confidence in this company.

Indiqube Spaces IPO subscription reached 13.00 times on day three, led by QIB (15.12x), Retail Investors (13.28x), and NII (8.68x). Total applications reached 5,66,311.

Subscription Status of Indiqube Spaces IPO:

Here are the subscription details for Indiqube Spaces IPO as of Day 3 (July 25, 2025, 5:04:37 PM):

Key Highlights - Day 3:

• Overall subscription reaching strong 13.00 times, a remarkable surge from day two's 2.68 times
• QIB segment leading with strong demand at 15.12 times, dramatically recovering from day two's 1.49 times
• Retail investors maintaining solid performance at 13.28 times, building from day two's 7.32 times
• NII segment demonstrating robust participation at 8.68 times, substantially increasing from day two's 1.94 times
• sNII category outperforming bNII at 9.34 times vs 8.35 times, indicating broad-based smaller HNI participation
• Employee segment showing increased confidence at 6.95 times despite ₹22 discount offered
• Total applications reached 5,66,311, indicating substantial investor participation
• Cumulative bid amount reached ₹5,016.91 crores against the issue size of ₹700.00 crores
   

Indiqube Spaces IPO - Day 2 Subscription at 2.68 Times

Key Highlights - Day 2:

• Overall subscription reaching moderate 2.68 times, improving from day one's 0.93 times
• Retail investors leading with strong demand at 7.32 times, building from day one's 3.63 times
• QIB segment showing initial recovery at 1.49 times, from day one's concerning 0.06 times
• NII segment demonstrating steady growth at 1.94 times, improving from day one's 0.83 times

Indiqube Spaces IPO - Day 1 Subscription at 0.93 Times

Key Highlights - Day 1:

• Overall subscription opening poorly at 0.93 times, showing disappointing initial investor interest
• QIB segment demonstrating extremely poor participation at 0.06 times, indicating severe institutional concern
• Retail investors leading early participation at 3.63 times, showing retail confidence despite institutional caution
• NII segment demonstrating weak interest at 0.83 times, with mixed HNI response

About Indiqube Spaces Limited

Incorporated in 2015, Indiqube Spaces Limited provides managed, sustainable, and tech-driven workplace solutions, aiming to transform the traditional office experience for modern businesses. The company offers diverse workplace solutions, including corporate hubs and branch offices, enhancing employee experience with interiors, amenities, and services.