Shares of Indiqube Spaces will be mentioned on the Bourses on Wednesday. The company has determined the IPO prize as £ 237, at the top of the price bend of £ 225-237. The gray market premium indicates that the shares are likely to mention with moderate profits at £ 243.
The £ 700-crore IPO of the Indiqube spaces established in Bengaluru was subscribed 12.41 times, with retail investors the most aggressive. Their part was subscribed 12.90 times. The NII quota was subscribed 8.27 times, the window for QIB received 14,352 times bids, while the part of the employees was subscribed 6.83 times.
Indiqube Spaces proposes to use the new capital of £ 462.6 Crore for the financing of capital expenditure for setting up new centers, £ 93 crore for reimbursement and the rest for general business purposes.
A managed company in the workplace solutions, Indiqube Spaces has collected more than £ 314.32 crore from Anker investors.
The proceeds from this fresh edition of funds will be used to finance capital expenditures for the establishment of new centers, repaying/ paying full or partially determined loans that the company and for general business purposes have available.
The company, founded in 2015, offers technical, sustainable solutions in the workplace, including company shubs and branches, which improve employee experience through modern interiors, facilities and services.
The company manages a portfolio of 115 centers in 15 cities, consisting of 105 operational centers and 10 centers for which the company has carried out letters of intention, with 8.40 million square feet under management area in a super built area.
Icici Securities and JM Financial are lead managers for the problem of books for the issue.
Published on July 30, 2025
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