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In India’s dynamic managed workspace sector, IndiQube is scripting a vibrant new story. As the company prepared for its highly awaited IPO, a significant milestone marked its journey: raising ₹314 crore from a consortium of leading anchor investors. Names like Aditya Birla Sun Life, WhiteOak, Bandhan, and Motilal Oswal Mutual Funds, among international giants such as BNP Paribas and Citigroup Global Markets, signaled confidence in IndiQube’s vision and scalability.
Anchoring this investment round, IndiQube’s board alloted shares at ₹237 apiece, the upper end of its IPO price band. The capital injection lays a strong foundation for the company’s ambitious growth: expanding managed office capacity across 15 cities, strengthening its presence in Bengaluru and Chennai, and scaling up in emerging Tier-II markets. India’s NSE will soon list this dynamic player, ushering in a new era for flexible workspaces.
The IPO generated strong demand, subscribed multiple times across institutional and retail categories, further reflecting the robust sentiment around IndiQube and the evolving workspace sector. With a compelling 35% CAGR in revenue and a widened portfolio to 115 centers, IndiQube’s narrative is one of resilience, expansion, and value creation. Learn more on BSE India.
The anchor investment acts as a catalyst, positioning IndiQube to innovate, scale, and redefine workspaces nationwide. As India’s entrepreneurial spirit thrives, IndiQube stands poised at the front lines, shaping the offices of tomorrow and empowering businesses to soar.
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