IndiQube Spaces IPO Allotment Status, Allotment Date, and GMP

The IndiQube Spaces IPO allotment status will be available on Monday, July 28, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, MUFG Intime India Private Limited. The IPO opened on July 23, 2025, and by the end of Day 3, it was subscribed 13.00 times. Follow the simple steps below to check your IndiQube Spaces IPO allotment status.

How to Check IndiQube Spaces IPO Allotment Status on NSE

Below are the steps to check the IndiQube Spaces IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol “IndiQube” from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit.

Step 5: Once submitted, check the "Allotment Details" section for the IPO allotment status

How to Check IndiQube Spaces IPO Allotment Status on BSE

Follow these simple steps to check the IndiQube Spaces IPO allotment status on BSE:

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Select "IndiQube Spaces IPO Limited" from the Issue Name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the IndiQube Spaces IPO allotment status.

How to Check  IndiQube Spaces IPO Allotment on the MUFG Website

Below are the steps to check the  IndiQube Spaces IPO allotment status on the MUFG website:

Step 1: Visit the MUFG “Public Issues page”.

Step 2: Select “IndiQube spaces ltd” from the dropdown menu.

Step 3: Enter your PAN number or Application number.

Step 4: Click on “Submit” to check the Quality Power IPO allotment status.

IndiQube Spaces IPO Subscription

By the end of Day 3, the IndiQube Spaces IPO was subscribed 13 times overall. Qualified institutional Buyers (QIBs) led the subscriptions with an overwhelming 15.12x, followed by Non-Institutional Investors (NIIs) at 8.68x, while Retail Individual Investors (RIIs) subscribed at 13.28x.

IndiQube Spaces IPO Allotment Details

• IPO Open Date: Wednesday, 23rd July 2025

• IPO Close Date: Friday, 25th July 2025

• Allotment Date: Monday, 28th July 2025

• Initiation of Refunds: Tuesday, 29th July 2025

• Credit of Shares to Demat: Tuesday, 29th July 2025

• Listing Date: Wednesday, 30th July 2025

The IndiQube Spaces IPO has a total issue size of  Rs. 700 crore, consisting of a fresh issue of 650 crore and an offer for sale (OFS) of 50 crore. The issue price is fixed at  Rs. 237 per share, and the minimum lot size is 63 shares.

IndiQube Spaces IPO GMP

According to InvestorGain, the latest GMP (Grey Market Premium) for IndiQube Spaces IPO is 2.11%, which means the shares are expected to list at Rs. 242, giving investors a profit of Rs. 315 per lot.

Company Overview of IndiQube Spaces  

IndiQube Spaces Limited's IPO opens a window into the expanding Indian flexible workspace sector. The company aims to redefine traditional office environments through comprehensive, technology-driven, and sustainable offerings. With a substantial portfolio of 115 centers across 15 Indian cities, including a dominant presence in Bengaluru, the company provides diverse services from interior design and facility management to IT infrastructure, all streamlined through its MiQube tech stack.

Financially, IndiQube has demonstrated robust top-line growth, with revenue from operations climbing to Rs 1,059.29 crore in FY25. While net losses have persisted across the last three fiscal years, the company shows significant improvements in operational efficiency, as evidenced by its surging EBITDA margin of 58.20% in FY25. Its strong Return on Capital Employed (RoCE) of 34.21% in FY25 further underscores efficient capital utilisation, despite the impact of Ind AS 116 on reported net profits.

IndiQube's growth strategy centers on expanding its area under management, improving revenue per square foot through its integrated ecosystem, and solidifying its position as a preferred outsourcing partner for enterprises. It also plans to scale its "IndiQube Bespoke" interior solutions and "Sustainability as a Service" offerings. However, potential investors should consider risks such as high revenue concentration in key cities (Bengaluru, Pune, and Chennai), sensitivity to real estate market fluctuations, consistent net losses, and reliance on leased properties. 

Quick Steps to Invest in IPOs with Rupeezy

Step 1: Download Rupeezy Trading App 

Step 2: Register and Complete Verification

Step 3: Open the app and Navigate to the IPO Section 

Step 4: Select “IndiQube Spaces IPO”

Step 5: Click on Apply