
Indiqube Spaces
Mainboard₹N/A / N/A Shares
IPO Details
Indiqube Spaces IPO is priced between ₹N/A per equity share, with a face value of ₹1 per share. The company's equity shares will be listed on the Mainboard, and MUFG Intime India Private Limited (Link Intime) is managing the issue as the registrar.
The IPO bidding period opened on N/A, and closed on N/A. The allotment results will be announced on N/A, with a tentative listing date set for N/A.
The total issue comprises Approx ₹850 Crores, amounting to .
Indiqube Spaces IPO Highlights
IPO Date | Listing Date | Face Value | Price Band | Lot Size | Fresh Issue | Offer for Sale | Listing At |
---|---|---|---|---|---|---|---|
TBA - TBA | Invalid Date | ₹1 Per Equity Share | ₹N/A per equity share | - | Shares | - | BSE, NSE |
Indiqube Spaces IPO Timeline
Issue Price
₹N/A per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Market Lot
N/A Shares (₹N/A/-)Lead Manager
ICICI Securities LimitedJm Financial LimitedIssue Size
Approx ₹850 CroresRetail Portion
10%Subscription
N/A timesIPO Docs
DRHPIndiqube Spaces IPO Financial Information
Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
---|---|---|---|---|---|---|
30 Jun 24 | 4065.74 | 251.3 | -42.11 | 90.11 | 503.69 | 206.25 |
31 Mar 24 | 3667.91 | 867.66 | -341.74 | 130.63 | 461.58 | 164.02 |
31 Mar 23 | 2969.32 | 601.28 | -197.9 | -308.1 | 311.82 | 623.16 |
All values are in ₹ Cr.
Indiqube Spaces IPO Valuations
EPS PRE IPO ₹/- | EPS POST IPO ₹/- | PE PRE IPO - | PE POST IPO - | ROE % |
ROCE % | DEBT EQUITY - | RONW % | PAT MARGIN - | PRICE TO BOOK VALUE - |
About Company
Founded in 2015, Indiqube Spaces Limited delivers managed, sustainable, and technology-driven workplace solutions to shift the traditional office experience into a better one for contemporary businesses.The firm delivers varied workplace solutions, such as corporate campuses and branch offices, with employee improvement through interiors, amenities, and services.
The firm combines asset refurbishment, tailored models, and B2B/B2C value-added services, delivering holistic workspace solutions with plug-and-play offices for clients and workers.The firm operates 103 centers in 13 cities, spanning 7.76 million square feet of AUM with 172,451 seats. During the period from March 31, 2022, to June 30, 2024, they acquired 41 assets and entered five new cities.
The firm looks to buy whole buildings in high-rental areas with solid infrastructure and low vacancy rates. They collaborate with landlords to lease and repurpose old buildings into modern, sustainable workplaces.The company renovates properties with interiors, amenities, and sustainability. They have 31.67% of their portfolio renovated as of June 30, 2024. Their enterprise-first approach caters to large customers with long-term, scalable spaces.
As of June 30, 2024, the company has operations in 13 Indian cities, which comprise seven Tier I cities (Bengaluru, Pune, Chennai, Mumbai, Noida, Gurugram, Hyderabad) and six non-Tier I cities (Coimbatore, Kochi, Madurai, Jaipur, Calicut, Vijayawada).As of June 30, 2024, the company has a diverse team of 625 permanent employees.
Indiqube Spaces IPO - Issue Objectives
- Funding capital expenditure towards establishment of new centers
- Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company.
- General corporate purposes
Indiqube Spaces
Plot # 53, Careernet Campus,Kariyammanna Agrahara Road, Devarabisanahalli, Outer Ring Road, Bengaluru, Karnataka, 560103MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: indiqubespaces.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html