Mumbai, July 28 -- The initial public offer of Indiqube Spaces received bids for 21,27,45,960 shares as against 1,71,48,335 shares on offer. The issue was subscribed 12.47 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 14.35 times. The Retail Individual Investors (RIIs) category was subscribed 12.90 times. The Non-Institutional Investors (NIIs) category was subscribed 8.27 times.

The issue opened for bidding on 23 July 2025 and it closed on 25 July 2025. The price band of the IPO is fixed between Rs 225 and 237 per share.

The issue comprised both an issue of fresh equity aggregating to Rs 650 crore and an offer for sale aggregating to Rs 50 crore. Of the net proceeds from the fresh issue, Rs 462.649 crore will...