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

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

Pune, 20 July 2025

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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