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Firm Matters

Indiqube Spaces Limited - Initial public offering

  • 01-Aug-2025

Khaitan & Co advised Indiqube Spaces Ltd and the Promoter Selling Shareholders in relation to the initial public offering of equity shares aggregating to INR 7,000.00 million comprising a fresh issue and an offer for sale by the Promoter Selling Shareholders. As per news reports, the IPO was oversubscribed by 2.54 times, with the retail investors’ portion being oversubscribed by 12.90 times, the QIB portion being oversubscribed by 14.35 times, the NII portion being oversubscribed by 8.27 times and the employee reservation portion being oversubscribed by 6.83 times.

Deal Team

Indiqube Spaces Limited

The deal team included Thomas George (Partner), Prathiksha Panduranga (Principal Associate), Jash Botadra (Associate), Lakshmi Raj C (Associate) and Rupa Veena S (Associate).