Price Band
₹225 - ₹237
Lot Size
63
Issue Size
₹700 Cr
GMP
N/A
Subscription
13.00x
Analyzing...
IPO Schedule
1
Open
23 Jul 2025
2
Close
25 Jul 2025
3
Allotment
-
4
Listing
30 Jul 2025
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.
Key Strengths
- Growing demand for flexible workspace solutions driven by hybrid work models and cost optimization.
- Strategic locations in key business hubs, attracting a diverse clientele.
- Scalable business model allowing for rapid expansion and adaptation to market changes.
- Focus on providing value-added services and amenities to enhance the tenant experience.
- Established brand recognition in select markets with a proven track record of occupancy rates.
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.
Valuation Analysis
With a negative ROE and a P/E ratio that is not applicable due to losses, traditional valuation metrics are difficult to apply. Investors should carefully consider the company's growth potential and future profitability prospects in light of the IPO price range of ₹225 - ₹237.
IPO Details
ExchangeNSE
SegmentMAINBOARD
ISININE06ST01018
NSE SymbolINDIQUBE
Face Value₹1
Lot Size63
Issue Size₹700 Cr
Key Metrics
ROE17
ROCE20
P/E Ratio30
Industry P/E20
EPS-7.65
PAT Margin-12.66%
Debt/Equity0.5
Growth & Quality
ProfitableNo ✗
Subscription
Total0.93x
Imbalance Ratio7.4x
Documents
RHP not available
Key Dates
Open Date23 Jul 2025
Close Date25 Jul 2025
Listing30 Jul 2025