IndiQube Spaces IPO GMP Today: How To Check Allotment Status Online? A Step-By-Step Guide | Ipo News
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IndiQube Spaces IPO GMP: The grey market premium remains muted at 2.11%, indicating weak listing gains for investors.
IndiQube Spaces IPO: Check allotment date, subscription status, and GMP.
IndiQube Spaces IPO Allotment Date: The initial public offering of workplace solutions company IndiQube Spaces Ltd has received a 13.00 times subscription on the final day of bidding on Friday. Now, the IPO investors are awaiting the allotment, which will be finalised on Monday, July 28. However, they can check their IPO allotment status on the websites of the BSE and the NSE, as well as registrar Link Intime.
The IPO’s grey market premium on Saturday remained muted at 2.11%, indicating weak listing gains for investors.
IndiQube Spaces IPO Allotment Status: A Step-By-Step Guide
1. Visit Link Intime’s website at https://in.mpms.mufg.com/Initial_Offer/public-issues.html.
2. Select the company’s name ‘IndiQube Spaces Ltd’ from the drop-down list.
3. Choose DP/Client ID, PAN, Application Number, or Account Number, and enter details.
4. Hit ‘Submit’ button.
Your allotment status will be displayed now.
Alternatively, the investors can also check the IndiQube Spaces IPO allotment on the websites of the BSE and NSE.
Option 2: Check Allotment Status on BSE Website
You can also check the allotment status on the BSE website. Here’s how:
Visit the BSE IPO Page: Go to https://www.bseindia.com/investors/appli_check.aspx.
Select Issue Type: Choose ‘Equity’ as the issue type.
Select IPO: From the dropdown menu, select ‘IndiQube Spaces Limited’.
Enter Details: Provide your Application Number or PAN.
Complete CAPTCHA: Tick the “I’m not a robot” CAPTCHA and click “Search” to view your allotment status.
Via NSE’s Website
The allotment status can also be checked on the NSE’s website at https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids.
IndiQube Spaces IPO Allotment & Listing Dates
The share allotment of the IndiQube Spaces IPO is expected to be finalised on July 28 (Monday), and the company is expected to be listed on both BSE and NSE on July 30 (Wednesday).
The IPO was opened for subscription between July 23, 2025, and July 25, 2025.
IndiQube Spaces IPO GMP Today
According to market observers, unlisted shares of IndiQube Spaces Ltd are currently trading at Rs 242 against the upper IPO price of Rs 237. It means a grey market premium or GMP of Rs 5, which is 2.11% over its issue price, indicating weak listing.
The GMP is based on market sentiments and keeps changing. ‘Grey market premium’ indicates investors’ readiness to pay more than the issue price.
IndiQube Spaces IPO Subscription Status
On the final day of bidding on Friday, the issue received a 13.00 times subscription, garnering bids for 21,16,84,032 shares as against the 1,62,79,682 shares on offer. The retail and NII participation stood at 13.28x and 8.68x, respectively. The QIB category has received a 15.12x subscription.
IndiQube Spaces IPO: More Info
The company is raising Rs 650 crore through issuance of fresh issue and promoters would offload shares worth Rs 50 crore under the Offer for Sale (OFS). WestBridge Capital, a key investor in the firm since 2018, is not divesting any stake in the OFS.
IndiQube Spaces raised over Rs 314 crore from anchor investors, a day before its initial share-sale opens for public subscription.
The company proposed to utilise the fresh capital to the tune of Rs 462.6 crore towards funding capex for setting up new centres, Rs 93 crore for repayment and rest for general corporate purposes.
The company, which was incorporated in 2015, manages a portfolio of 8.40 million sq ft across 115 properties in 15 cities with a total seating capacity of 1,86,719 as of March 2025. This was a growth from 74 centres and 4.94 million Sq ft in March 2023.
IndiQube serves 769 clients, out of which 44 per cent clients are Global Capability Centres. The company follows an enterprise-first strategy owing to which 63 per cent of its occupied area comes from clients who have leased over 300 seats. Further, 44 per cent of its revenue is generated from multi centre clients. Its diverse client mix includes Enphase, Myntra, Zerodha, NoBroker, upGrad, Siemens, Juspay, Perfios, Moglix, Ninjacart, Narayana Health and Allegis to name a few.
On the financial front, the company reported a total income of Rs 1,103 crore in fiscal 2025, recording a CAGR of 35 per cent from fiscal 2023.
The company raised a total of Rs 324 crore in two funding rounds during 2018 and 2022. WestBridge Capital led the investment with Rs 190 crore, followed by Rs 131 crore from the promoters, and the rest came from angel investor Ashish Gupta.
ICICI Securities and JM Financial are book-running lead managers to the issue. The equity shares are expected to be listed on July 30 on the BSE and the NSE.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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