IndiQube Spaces IPO
Commercial RE/Flex - Listed on 30 July 2025
IndiQube Spaces IPO listing summary
IndiQube Spaces (Commercial RE/Flex) closed its IPO window in 2025 and listed on NSE and BSE on 30 July 2025 at an upper band issue price of Rs 237, opening at Rs 216 for a listing gain of -8.9% and closing day one at Rs 217.97 (-8.0% on closing basis). The IPO was subscribed 12.33x overall - QIB 14.35x, HNI/NII 8.24x, Retail 12.55x. The total issue size was Rs 700 Cr (Fresh Issue Rs 650 Cr, OFS Rs 50 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
IndiQube Spaces IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 40 | +16.88% |
| Day 2 | Rs 40 | +16.88% |
| Day 3 | Rs 25 | +10.55% |
| Day 4 | Rs 18 | +7.59% |
| Day 5 | Rs 10 | +4.22% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the IndiQube Spaces IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
IndiQube Spaces IPO - FAQs
What was the listing gain of IndiQube Spaces IPO?
IndiQube Spaces IPO listed at -8.9% versus the upper issue price of Rs 237 on 30 July 2025.
How many times was IndiQube Spaces IPO subscribed?
IndiQube Spaces IPO was subscribed 12.33x overall. QIB portion was subscribed 14.35x, HNI / NII 8.24x and Retail 12.55x.
What was the IPO GMP for IndiQube Spaces?
IPO GMP started at Rs 40 on Day 1 and moved to Rs 10 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.