Indiqube Spaces Limited has informed the Exchange regarding a revised press release dated March 30, 2026, titled "IndiQube Signs Rs. 75 Crore Workspace Deal with Leading Healthcare TechGCC in Bangalore".
INDIQUBE · price
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IndiQube Spaces has signed a 5-year workspace leasing deal valued at around ₹75 crore with a leading Global Capability Centre (GCC) in the healthcare technology space. The client has leased over 48,000 sq.ft. of premium Grade A office space on Bengaluru's Outer Ring Road, a major commercial micro-market. The company highlighted that GCCs now make up close to 40% of its portfolio. IndiQube currently manages over 9.55 million sq.ft. of workspace across 17 cities in India, and the deal supports its strategy of building deep presence in key talent catchments for GCC clients.
This is a sizeable, multi-year contract that strengthens IndiQube's revenue visibility and reinforces its positioning as a preferred workspace partner for Global Capability Centres, which is a positive signal for growth and occupancy. For shareholders, it highlights continued demand momentum in the GCC segment, though the deal's size relative to total revenue would need to be checked for material impact on stock price.