The shares of Indiqube Spaces Ltd were first listed on the stock exchanges on 30 Jul 2025.
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Issue Size
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Price Band / Share
Issue Size
Min Investment
Times Subscribed
Lot size
Initial public offering of 29,542,340 equity shares of face value of Re.1 each (Equity Shares) of Indiqube Spaces Limited (formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) (Company or Issuer) for cash at a price of Rs.237.00 per equity share (including a share premium of Rs.236.00 per equity share) (Offer Price) aggregating to Rs.700.00 crores ( Offer) comprising a fresh issue of 27,432,636 equity shares of face value Re.1 each by the company aggregatingto Rs.650.00 crores (Fresh Issue) and an offer for sale of 2,109,704 equity shares of face value Re.1 each aggregating to Rs.50.00 crores, comprising an offer for sale of 1,054,852 equity shares of face value Re.1 each aggregating to Rs.25.00 crores by Rishi Das and an offer for sale of 1,054,852 equity shares of face value Re.1 each aggregating Rs.25.00 crores by Meghna Agarwal (collectively, Promoter Selling Shareholders) (Offer for Sale). This offer includes a reservation of 69,767 equity shares aggregating up to Rs.1.50 crores of face value Re.1 each (constituting up to 0.03% of the post-offer paid-up equity share capital) for purchase by eligible employees (the Employee Reservation Portion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer would constitute 14.07% and 14.03%, respectively, of its post-offer paid-up equity share capital. The company in consultation with the brlms offered a discount of up to 9.28% (equivalent to Rs.22 per equity share) to the offer price to eligible employees bidding in the employee reservation portion (Employee Discount).The face value of the equity shares is Re.1 each and the offer price is 237 times the face value of the equity shares.A discount of up to 9.28% on the offer price (equivalent of ?22 per equity share) was offered to eligible employees bidding in the employee reservation portion.
The shares of Indiqube Spaces Ltd were first listed on the stock exchanges on 30 Jul 2025.
The total issue size of the Indiqube Spaces Ltd IPO is 700.00
The minimum lot size for Indiqube Spaces Ltd public issue was 63.00 shares.
The price band of the IPO of Indiqube Spaces Ltd was 237.00 to 0.00 per equity shares.
Indiqube Spaces Limited was incorporated as Innovent Spaces Private Limited, a private limited company under the Companies Act, 2013 on January 14, 2015, and was granted the certificate of incorporation by the Registrar of Companies,Kanpur. The registered office of the Company was shifted from the state of Uttar Pradesh to the state of Karnataka pursuant to a special resolution passed by its Shareholders on October 16, 2018. The alteration with respect to the place of the registered office was confirmed by the order of the Regional Director, Bengaluru on November 21, 2019 and a fresh certificate of incorporation was issued by the the Registrar of Companies, Karnataka at Bengaluru (RoC) on March 19, 2020. Subsequently, the name of the Company was changed to Indiqube Spaces Private Limited and a fresh certificate of incorporation dated November 8, 2024 was issued by the RoC. Pursuant to the conversion of the Company into a public limited company and a special resolution passed by our Shareholders at the EGM on November 16, 2024, the name of the Company was changed to Indiqube Spaces Limited, and the RoC issued a fresh certificate of incorporation on December 17, 2024.
MUFG Intime India Pvt Ltd is the registrar and share transfer agent of Indiqube Spaces Ltd IPO.