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News Details

19/07/2025 07:00

Indiqube Spaces announces launch of initial public offering

Indiqube Spaces Ltd. has announced public offering of 29535864 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 236.00 per share. The gross proceeds of the issue are expected to be Rs 70,005.69 lakhs.

The company's initial public offer (IPO) will open on 23 July 2025 and is expected to close on 25 July 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 225.00-237.00 per share.

The IPO includes a fresh Issue of 29535864 Equity Shares of the Company at an price of Rs 246.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 63 shares with bids in multiples of 63.

Indiqube Spaces Ltd. anticipates using the proceeds of the issue for .

ICICI SECURITIES LTD,JM Financial Ltd. as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.