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![sourabhwadhwa22 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1554483840043094017.png) Mr. Wadhwa [@sourabhwadhwa22](/creator/twitter/sourabhwadhwa22) on x XXX followers
Created: 2025-07-23 12:19:36 UTC

🆕 IndiQube Spaces IPO ₹700 Cr • ₹225–237/share

👉₹650 Cr fresh issue + ₹50 Cr offer‑for‑sale
👉314 Cr anchored @ ₹237 (upper band)
👉Grey market premium ~10–13% → suggests ~₹260 listing
👉Day‑1 subscription ~30–87% overall, retail ~1.3–3.4×
👉Proceeds for capex & debt paydown; still loss‑making, XX% revenue from Bengaluru (~115 centers, XXX mn sq ft)
👉Valued ~8–8.6× EV/EBITDA vs peer ~11×, P/S ~4.7×
👉Growth play with long‑term potential, but profitability & sector risks linger

#IndiQubeIPO #IPO #Workspace #InvestSmart #MarketWatch


XX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947995007853678854/c:line.svg)

**Related Topics**
[debt](/topic/debt)
[subscription](/topic/subscription)
[listing](/topic/listing)
[ipo](/topic/ipo)

[Post Link](https://x.com/sourabhwadhwa22/status/1947995007853678854)