Indiqube Spaces IPO

NSELot: 63

LISTEDMAINBOARD
Issue Price237
Listing258.57
Current173
Price Band
225 - ₹237
Lot Size
63
Issue Size
₹700 Cr
GMP
0
Subscription
0.93x

IPO Schedule

1
Open
23 Jul
2
Close
25 Jul
3
Allotment
-
4
Listing
30 Jul

About Indiqube Spaces

Indiqube Spaces is a provider of flexible workspace solutions, offering co-working spaces and managed offices to businesses of various sizes. They aim to cater to the evolving needs of companies seeking adaptable and scalable office environments, particularly in a post-pandemic world.

Subscription Status

QIB
0.06x
NII
0.83x
Retail
3.63x
CategoryDay 3Day 2Day 1
QIB15.12x1.49x0.06x
NII8.68x1.94x0.83x
Retail13.28x7.32x3.63x
Total13.00x2.68x0.93x

Risk Factors

Intense competition from other co-working space providers and traditional office leasing options.
Reliance on key personnel and the ability to attract and retain talent.
Potential economic downturn impacting demand for office space and occupancy rates.
Negative ROE of -2.19% indicating current operational inefficiencies or significant prior investments that are yet to yield returns.