New Delhi, July 23 -- Indiqube Spaces IPO subscription status: The initial public offering of Indiqube Spaces kicked off for subscription on Wednesday, July 23. The issue garnered decent bids during the first day of the bidding process as it neared the full subscription mark amid strong demand from retail investors and a decent grey market premium (GMP). Analysts remain mixed on the mainboard IPO.

Indiqube Spaces IPO, worth Rs.700 crore, is a mix of fresh share sale of Rs.650 crore and an offer for sale of Rs.50 crore by the promoter selling shareholders. The IPO price band for Indiqube Spaces has been fixed at Rs.225 to Rs.237 per share. Investors can apply for a minimum of 63 shares in one lot and its multiples thereof.

The company pl...