IndiQube Spaces IPO Allotment Out: Here's How to Check Status Online

IndiQube Spaces IPO: The Rs 700 crore worth IPO has decent investors interest. On Day 3, IndiQube Spaces recorded an oversubscription of 12.41x, with decent demand from all categories of investors. The company is expected to announce its allotment of shares on July 28, while the listing of shares is tentatively fixed on July 30.

How to Check IndiQube IPO Allotment Status?

Investors who applied for shares in the company's IPO can now check their allotment status online through the registrar MUFG Intime India Pvt Ltd (formerly Link Intime), as well as on the BSE and NSE websites.

On MUFG Intime (Registrar) Website:

1. Go to MUFG IPO Allotment Page
2. Select 'IndiQube Spaces Ltd' from the dropdown
3. Choose PAN, Application Number, DP/Client ID, or Account Number
4. Enter required details and captcha, then click 'Submit'

On The BSE:

1. Visit BSE IPO Allotment Page
2. Select 'Equity' under Issue Type
3. Choose 'IndiQube Spaces Ltd'
4. Enter your Application Number or PAN
5. Complete the captcha and click 'Search'

On The NSE:

1. Visit NSE IPO Allotment Page
2. Select 'Equity and SME IPO bids'
3. Choose 'IndiQube Spaces Ltd'
4. Enter PAN and Application Number, then click 'Submit'

IndiQube Spaces IPO Subscription Details:

The IPO, which ran from July 23 to July 25, received a modest overall response, with total subscription at 12.41 times. The Qualified Institutional Buyers (QIBs) led the demand by subscribing 15.12 times their allotted quota, followed by retail investors at 13.28 times, and Non-Institutional Investors (NIIs) at 8.68 times. The IPO also had an employees quota, which was subscribed 6.95 times.

IndiQube Spaces IPO Details:

The Indiqube Spaces IPO was open for subscription from July 23 to July 25, 2025. The company will credit allotted shares to investors' demat accounts on July 29, and initiate refunds to those who didn't receive allotment on the same day.

IndiQube shares will be listed on both BSE and NSE on July 30, 2025.

Out of the total issue size of Rs 700 crore, Rs 650 is a fresh issue of 2.74 crore shares, while Rs 50 crore is an offer-for-sale (OFS) of 21.09 lakh shares. The issue had a reservation of up to 69,767 shares for employees at a discount of Rs 22 to the issue price.

The money raised will be used to expand new centres with Rs 462.6 crore, repay loans worth Rs 93 crore, and take care of general business expenses.

ICICI Securities is the lead manager for the IPO, while MUFG Intime India Pvt Ltd is the official registrar.

IndiQube Spaces GMP Update:

In the grey market, IndiQube shares are currently trading with a muted premium of Rs 5 over the issue price of Rs 237, suggesting a likely listing price of around Rs 242, a modest 2.11% gain, according to investorgain.com.

The GMP has been falling recently, ranging between Rs 5 and Rs 40, which shows muted interest from investors. GMP reflects how much more people are willing to pay for the stock before it officially starts trading on the stock exchange.

About IndiQube Spaces:

Founded in 2015, IndiQube Spaces offers tech-enabled, sustainable office solutions for modern businesses. It provides flexible workspaces like corporate hubs and branch offices, fully equipped with interiors, services, and amenities.

As of March 31, 2025, the company manages 115 centres across 15 Indian cities, covering 8.4 million sq. ft. with a total seating capacity of 1.86 lakh. It added 41 new properties and entered five new cities between 2023 and 2025.

IndiQube focuses on leasing and upgrading old buildings into modern, eco-friendly offices. About 25% of its portfolio is renovated. Its "enterprise-first" approach targets large clients with long-term, scalable office needs.