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Indiqube Spaces Limited IPO to open on Wednesday, July 23, 2025

in Business
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Indiqube Spaces Limited IPO to open on Wednesday, July 23, 2025

DBT Bureau

Pune, 20 July 2025

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Indiqube Spaces Limited (Formerly known as Indiqube Spaces Private Limited, Innovent Spaces Private Limited) proposes to open an initial public offering of its equity shares of face value of ₹1 each on Wednesday, July 23, 2025. The Anchor Investor Bidding Date is one Working Day prior to Bid/Offer Opening Date, being Tuesday, July 22, 2025. The Bid/ Offer Closing Date is Friday, July 25, 2025

The Price Band of the Offer has been fixed from ₹ 225 per Equity Share of face value ₹1 each to ₹ 237 per Equity Share of face value ₹1 each. Bids can be made for a minimum of 63 Equity Shares of face value ₹1 each and multiples of 63 Equity Shares of face value ₹1 each thereafter.

The Initial Public Offering comprises a Fresh Issue of Equity Shares aggregating up to ₹6,500 million and an Offer for Sale of Equity Shares aggregating up to ₹500 million by the Promoter Selling Shareholders – Rishi Das and Meghna Agarwal.

The Offer includes a reservation of Equity Shares of face value of ₹1 each, aggregating up to ₹ 15 million for subscription by Eligible Employees. The Offer less the Employee Reservation Portion is hereinafter referred to as the “Net Offer”. A discount of ₹22 per Equity Share is being offered to Eligible Employees bidding in the Employee Reservation Portion.

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