Indiqube Spaces IPO to be finalised Monday. Here's how to check status
Indiqube Spaces
has been finalised today. Investors who subscribed to the Rs 700-crore IPO can now verify their allotment status on the registrar's website — MUFG Intime India Pvt Ltd (Link Intime). The IPO saw a strong overall subscription of 13 times, led by Qualified Institutional Buyers (QIBs) who bid 15.12 times their quota.
The retail portion was subscribed 13.28 times, and Non-Institutional Investors (NIIs) subscribed 8.68 times. The employee category was also well-received, with a 6.95x subscription.
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How to check Indiqube IPO allotment status:
1. Visit the registrar's website: [
https://linkintime.co.in
](
https://linkintime.co.in
)
2. Click on the 'IPO Allotment Status' link on the homepage.
3. Select 'Indiqube Spaces IPO' from the dropdown.
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4. Enter either your PAN number, Application Number, or DP/Client ID.
You can also check allotment via the BSE website:
1. Go to [
https://www.bseindia.com/investors/appli\_check.aspx](https://www.bseindia.com/investors/appli_check.aspx)
2. Select 'Equity' and choose 'Indiqube Spaces' from the dropdown.
3. Enter your application number and PAN.
Successful applicants will see shares credited to their demat accounts on July 29, while refunds for unsuccessful bids will also be initiated on the same day. The stock is scheduled to list on BSE and NSE on July 30.
Ahead of the IPO, the company raised Rs 314 crore from anchor investors.
Company Outlook
Indiqube, which offers managed workspaces and co-working solutions, operates 115 centres across 15 cities, covering over 8.4 million sq ft of space. While it continues to post net losses due to expansion and Ind-AS accounting adjustments, its revenues rose 27% in FY25.
With a grey market premium (GMP) hovering around Rs 5, a steep fall from the IPO opening day, the stock may list at a gain of 2% over the issue price.
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