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![nakulvibhor Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::222473856.png) Vibhor Varshney [@nakulvibhor](/creator/twitter/nakulvibhor) on x 328.8K followers
Created: 2025-07-23 15:15:22 UTC

check this 

The IndiQube Spaces IPO is here and this is not your typical real estate story. 
IPO dates: XX to XX July IPO size is ₹700 Cr with Fresh issue ₹650 Cr largely going toward expansion and debt reduction. Price band is ₹225/- to ₹237/- with lot size of XX shares.  

Subscribe rating from SMIFS, Anand Rathi, Kunvarji Wealth Solutions, Arihant Capital 
₹374 Cr raised by anchor investors. XXXXX% anchor allocation to domestic MFs. Anchors include Malabar, Groww MP, Aditya Birla Sun Life MF, Ashoka Whiteoak India Opportunities, Whiteoak Capital MF

From FY23 to FY25, revenue growth ₹601 Cr to ₹1,103 Cr. ~35% CAGR.
EBITDA margin XX%
Cash EBIT XXXX%
Revenue-to-rent ratio 2.42x
RoCE XXXX%
Losses shown in FY24 and FY25 are not operational and because of the switch to Ind AS XXX accounting change that front-loads depreciation and lease expenses. 

Stable CIBIL A+ Rating. Only given to companies with no governance red flags.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948039239700214251/c:line.svg)

**Related Topics**
[stocks](/topic/stocks)
[debt](/topic/debt)
[coins real estate](/topic/coins-real-estate)
[ipo](/topic/ipo)

[Post Link](https://x.com/nakulvibhor/status/1948039239700214251)