Markets / IPO / Indiqube Spaces

Indiqube Spaces IPO

Updated 17:57

Mainboard IPO on NSE and BSE · Diversified Commercial Services

Status

Listed

Price band

₹225–237

Lot size

63 shares · ₹14,931

Subscribed

12.41×

How it listed

Issue price

₹237

Listing price (open)

₹216.00 -8.86%

First-day close

₹217.97 -8.03%

Price now

₹184.32 -22.23%

Listing day	30 Jul 2025
Open / high / low / close	₹216.00 / ₹222.97 / ₹201.60 / ₹217.97
Shares traded on NSE	1,03,51,056
Market value at the listing-day close	₹4,621 cr

Closing prices since listing: 26 Oct ₹160.18, 27 Oct ₹165.43, 28 Oct ₹173.40, 29 Oct ₹172.79, 30 Oct ₹169.95, 2 Nov ₹175.16, 3 Nov ₹179.15, 4 Nov ₹185.90, 5 Nov ₹180.01, 6 Nov ₹188.00.

Indiqube Spaces share price, live chart and technicals →

Key dates

Bidding opens	23 Jul 2025
Bidding closes	25 Jul 2025
Allotment	28 Jul 2025
Refunds and shares in demat	29 Jul 2025
Listing	30 Jul 2025

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	1,32,62,658	43.61%	–
Institutions (QIB)	93,13,334	30.62%	–
HNI / NII	46,56,666	15.31%	–
HNI, above ₹10 lakh	31,04,444	10.21%	735
HNI, ₹2–10 lakh	15,52,222	5.10%	1,759
Retail	31,04,444	10.21%	49,276
Employees	73,891	0.24%	–

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	63	₹14,931
Retail (maximum)	13	819	₹1,94,103
Small HNI (minimum)	14	882	₹2,09,034
Small HNI (maximum)	66	4,158	₹9,85,446
Big HNI (minimum)	67	4,221	₹10,00,377

At ₹237 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 13

Retail allotments available

49,276 × one lot

Retail portion subscribed

12.90×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	93,13,334	13,36,68,801	14.35×
HNI / NII	46,56,666	3,85,32,438	8.27×
HNI, above ₹10 lakh	31,04,444	2,46,20,652	7.93×
HNI, ₹2–10 lakh	15,52,222	1,39,11,786	8.96×
Retail	31,04,444	4,00,40,343	12.90×
Employees	73,891	5,04,378	6.83×
Total	1,71,48,335	21,27,45,960	12.41×

NSE and BSE bids together, as of 25 Jul 2025 19:00.

Demand at each price

Top price ₹237	1,787.68 lakh shares	84.0%
Cut-off final price, whatever it is; mostly retail	339.79 lakh shares	16.0%
Lower prices ₹225–236	1.24 lakh shares	0.1%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	22 Jul 2025
Anchor shares	1,32,62,658
Raised from anchors	₹314.32 cr
Lock-in ends for the first 50% (30 days)	26 Aug 2025
Lock-in ends for the remaining 50% (90 days)	25 Oct 2025

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹5,024 cr	₹3,907 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	0.56

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Diversified Commercial Services

Company	Listed	Subscribed	On listing	Since IPO
Elevate Campuses	30 Sept	1.79×	-1.91%	-22.86%
Coreintegra Consulting Services SME	30 Sept	–	+0.13%	+36.35%
Rentomojo	17 Sept	72.88×	+19.42%	+43.40%
Propshop Events and Exhibitions SME	3 Aug	–	-20.00%	-0.36%
Armour Security (India). SME	22 Jan	–	-20.00%	-54.39%
Dhara Rail Projects SME	31 Dec	–	+19.05%	+6.31%
Clear Secured Services SME	8 Dec	–	-9.85%	-47.16%
WeWork India Management	10 Oct	1.15×	+0.31%	+5.19%

IPO details

Price band	₹225–237
Final issue price	₹237
Lot size	63 shares
Minimum investment	₹14,931 (1 lot)
Market	NSE mainboard
Issue type	100% Book Building
Face value	Re.1 per Equity Share
Industry	Diversified Commercial Services
Issue size	Initial Public Offer comprising Fresh Issue of ₹6500 million and OFS of ₹500 million (Including anchor portion of 1,32,62,658 Equity shares)
ISIN	INE06ST01018
Registrar	MUFG Intime India Private Limited Helpline: +91 81081 14949, indiqubespaces.ipo@in.mpms.mufg.com
Lead managers	ICICI Securities Limited and JM Financial Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 28 Jul 2025. Check it on the registrar's page (MUFG Intime India Private Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Indiqube Spaces IPO price band and lot size?

The price band is ₹225–237 per share, and one lot is 63 shares (₹14,931 at the upper price).

When is the Indiqube Spaces IPO allotment date?

Allotment was finalised on 28 Jul 2025, the next working day after bidding closed on 25 Jul 2025.

How many times was the Indiqube Spaces IPO subscribed?

In total 12.41 times, on NSE and BSE together; retail 12.90 times.

What is the Indiqube Spaces IPO listing date?

It listed on 30 Jul 2025 on NSE and BSE.

What is the chance of getting Indiqube Spaces IPO shares?

At least 1 in 13 retail applicants got the minimum lot: 49,276 retail allotments with the retail portion subscribed 12.90 times. Winners are picked by lottery.

When does the Indiqube Spaces anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 26 Aug 2025 and the 90-day lock-in on the rest ends on 25 Oct 2025; they can sell from the next trading day.

What was the Indiqube Spaces listing gain?

It opened at ₹216.00 against an issue price of ₹237, a loss of 8.86%. It is now down 22.23% from the issue price.