Indiqube Spaces is preparing for its IPO. This is scheduled to open soon. Investors and traders track the Grey Market Premium (GMP) before the official listing. This is done to get an idea of how the market views the IPO. Also, the Indiqube Spaces IPO GMP reveals the difference between the anticipated market price and the issue price. Thus, it provides a rough estimate of how the shares might perform once they are listed. Continue reading to learn about the Grey Market Premium, the present GMP of Indiqube Spaces IPO, Indiqube Spaces IPO Price Band, other relevant details. The article also elucidates on the everyday GMP trends and charges of Kostak and Subject to Sauda.
What is the Indiqube Spaces Grey Market Premium (GMP)?
The Grey Market Premium, or GMP, is the additional amount that traders are willing to pay for a not-yet-listed IPO share. This is an unofficial way of knowing how much demand exists for the company’s shares, much before the IPO opens. Moreover, when the Indiqube Spaces IPO GMP is high, it is indicative of the stock performing well after listing. At the same time, when the Indiqube Spaces IPO GMP is low or negative, it is indicative of the stocks not performing strongly.
The GMP fluctuates daily. This is because of a number of factors. Some of them are market sentiment, investor interest, and overall market conditions. Also, the traders purchase and sell these unlisted shares in the grey market. They do so to make easy profits. The Indiqube Spaces IPO GMP is usually provided in rupees per share accordingly.
Indiqube Spaces Company Overview
Indiqube Spaces is a company that provides workplace solutions. Most importantly, it focuses on renovating traditional offices into modern, sustainable workspaces. Also, the company commenced in 2015 and has seen steady growth. Currently, it operates 103 centres. These are layered across the country in several cities. Some of these cities are Bengaluru, Pune, Chennai, Mumbai, Noida, and others.
The goal of the company is to provide flexible, tech-driven office settings. It combines property reconstruction, customised interior design, and supplementary services. Thus, their focus is on improving employee experience. It also includes turning workplaces into more productive zones.
Currently, Indiqube Spaces’ IPO aims to raise about Rs. 700 crores. Of this, Rs. 650 crores will be availed from a new issue of shares. The remaining Rs. 50 crores will be availed through an offer for sale. Consequently, the issue price is fixed in a range between Rs. 225 to Rs. 237 per share. Also, each share has a face value of Rs. 1. Hence, traders and investors can invest for a lot of 63 shares.
Indiqube Spaces IPO Details
The important dates for the opening and closing of the IPO dates are mentioned below. Moreover, the company is providing a small retail quota. This is not more than 10%. The larger part of the issue is 75%. It is set aside for Qualified Institutional Buyers (QIB). Also, around 15% is for Non-Institutional Investors (NII).
| Opening Date for Indiqube Spaces IPO | 23 July, 2025 |
| Closing Date for Indiqube Spaces IPO | 25 July, 2025 |
| Face Value | Rs. 1 per equity share |
| Indiqube Spaces IPO Price Band | Rs. 225 to Rs. 237 per share |
| Size of Issue | Rs. 700 crores (approximately) |
| Fresh Issue | Rs. 650 crores (approximately) |
| Offer for Sale | Rs. 21, 09, 704 equity shares (approximately) |
| Issue Type | Book Build Issue |
| IPO Listing | BSE & NSE |
| Retail Quota | Not more than 10% |
| QIB Quota | Not more than 75% |
| NII Quota | Not more than 15% |
Indiqube Spaces IPO Dates
| IPO Open Date: | July 23, 2025 |
| IPO Close Date: | July 25, 2025 |
| Basis of Allotment: | July 28, 2025 |
| Refunds: | July 29, 2025 |
| Credit to Demat Account: | July 29, 2025 |
| IPO Listing Date: | July 30, 2025 |
Indiqube Spaces IPO Current GMP and Rate Trends
The Indiqube Spaces IPO Grey Market Premium stands at Rs. 14 currently. This shows that traders see the shares trading at a premium of Rs. 14 above the issue price in the grey market. Moreover, the GMP trend has been decreasing recently from Rs. 41 on 22 July and 21 July, to Rs. 16 and Rs. 14 on 24 July and 25 July. Thus, the declining trend indicates a little precaution among the traders. This is regarding the IPO’s future performance.
The recent GMP trends and rates are also elucidated below.
| Date | IPO GMP | GMP Trend | Kostak | Subject to |
| 25 July | Rs. 14 | GMP Down | Rs. – | Rs. 700 |
| 24 July | Rs. 16 | GMP Down | Rs. – | Rs. 700 |
| 23 July | Rs. 24 | GMP Down | Rs. – | Rs. 1100 |
| 22 July | Rs. 41 | GMP Up | Rs. – | Rs. 1900 |
| 21 July | Rs. 41 | GMP Up | Rs. – | Rs. 1900 |
| 19 July | Rs. 41 | GMP Up | Rs. – | Rs. 1900 |
Kostak rate is identified as the premium that traders charge. This is while buying or selling IPO applications in the off-market. Also, the Subject to Sauda is the price agreed upon in a private deal.
Future Outlook for Indiqube Spaces
The IPO stands available for subscription from 23 July to 25 July, 2025. The issue will also be recorded on both the BSE and NSE. This provides investors with an opportunity to buy shares directly from the stock exchange. This is once the company goes public.
Indiqube Spaces has set a firm presence in the workspace solutions market. It focuses on modern, flexible offices. These are affiliated with the present work trends. Thus, the company’s prospects look promising in the long run as the demand for flexible workspaces also increases.
The upcoming IPO will aid the company in raising funds for future expansion. Also, it plans to add more properties and improve its service offerings. Therefore, it is a great opportunity for investors interested in real estate and technology-driven companies.
