Indiqube Spaces Limited
Indiqube Spaces Limited is a mainboard IPO raising ₹700 Cr at ₹225 – ₹237 a share. It listed on 30 Jul 2025 and trades at ₹178 today, −25.1% against its issue price of ₹237. It was subscribed 12× in total.
12.4 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Who bid for it
| Investor category | Shares offered | Shares bid for | Subscribed |
|---|---|---|---|
| QIB Banks, funds and other large institutions | 93,13,334 | 13,36,68,801 | 14× |
| Foreign Institutional Investors | no separate quota | 6,78,28,005 | n/a |
| Domestic Financial Institutions | no separate quota | 2,33,60,589 | n/a |
| Mutual funds | no separate quota | 2,36,64,753 | n/a |
| Others | no separate quota | 1,88,15,454 | n/a |
| Non-institutional Wealthy individuals and companies bidding above ₹2 lakh | 46,56,666 | 3,85,32,438 | 8.27× |
| Non Institutional Investors | 31,04,444 | 2,46,20,652 | 7.93× |
| Corporates | no separate quota | 4,42,197 | n/a |
| Individuals | no separate quota | 2,28,92,310 | n/a |
| Others | no separate quota | 12,86,145 | n/a |
| Non Institutional Investors | 15,52,222 | 1,39,11,786 | 8.96× |
| Corporates | no separate quota | 1,04,202 | n/a |
| Individuals | no separate quota | 1,29,94,380 | n/a |
| Others | no separate quota | 8,13,204 | n/a |
| Retail Ordinary investors bidding up to ₹2 lakh | 31,04,444 | 4,00,40,343 | 13× |
| Cut Off | no separate quota | 3,35,72,448 | n/a |
| Price bids | no separate quota | 64,67,895 | n/a |
| Employees | 73,891 | 5,04,378 | 6.83× |
| Cut Off | no separate quota | 4,06,791 | n/a |
| Price Bids | no separate quota | 97,587 | n/a |
| Total | 1,71,48,335 | 21,27,45,960 | 12× |
Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 06:20 pm IST.
How demand built
Only one reading so far. We sample subscription every hour and store it whenever it moves, so this becomes a curve as bidding runs.