Mumbai, July 24 -- The initial public offer of Indiqube Spaces received bids for 4,35,18,006 shares as against 1,71,48,335 shares on offer, according to stock exchange data at 17:00 IST on Thursday (24 July 2025). The issue was subscribed 2.54 times.

The issue opened for bidding on 23 July 2025 and it will close on 25 July 2025. The price band of the IPO is fixed between Rs 225 and 237 per share. An investor can bid for a minimum of 63 equity shares and in multiples thereof.

The issue comprises both the issue of fresh equity aggregating to Rs 650 crore and the offer for sale aggregating to Rs 50 crore. Of the net proceeds from the fresh issue, Rs 462.649 crore will be used for funding capital expenditure towards the establishment of new...