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Indiqube Spaces IPO logo

Indiqube Spaces IPO Subscription History

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Subscription Status  ·  Jul 23 – Jul 25, 2025  ·  ₹225–237

The Indiqube Spaces IPO subscription has recorded strong investor demand with an overall subscription of 12.41× as of Jul 30, 2025, indicating that investors applied for 12.41 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

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  • QIB (Qualified Institutional Buyers) subscribed 14.35×, heavyweight participation from mutual funds, foreign institutional investors (FIIs), and domestic banks. Strong QIB demand is widely regarded as one of the most reliable indicators of a successful listing.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 7.93× and Small NII (below ₹10 lakh) subscribed 8.96×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 12.90×, demand vastly exceeds supply in the retail category. Allotment will be conducted via computerised lottery; each successful applicant is likely to receive exactly 1 lot.
QIB
14.35×
Qualified Institutional Buyers
NII
8.27×
Non-Institutional Investors
bNII
7.93×
Bids above ₹10L
sNII
8.96×
Bids below ₹10L
Retail
12.90×
Retail Individual Investors
Employees
6.83×
Employee Category
Total
12.41×
Heavily Oversubscribed

Live Subscription Data

Last updated: Jul 30, 2025, 10:33 AM IST

Overall
12.41×
Category Shares Offered Shares Bid For Times Subscribed
QIB
Qualified Institutional Buyers
9,313,334 133,668,801
14.35×
NII
Non-Institutional Investors
4,656,666 38,532,438
8.27×
bNII
Bids above ₹10L
3,104,444 24,620,652
7.93×
sNII
Bids below ₹10L
1,552,222 13,911,786
8.96×
Retail
Retail Individual Investors
3,104,444 40,040,343
12.90×
Employees
Employee Category
73,891 504,378
6.83×
Total
17,148,335 212,745,960
12.41×
Heavily Oversubscribed — 12.41× overall Allotment probability may be lower due to high demand

Day-wise Subscription History

Snapshot of each day's bidding activity

Wed, Jul 30, 2025
12.41×
Category Offered Bid For Times
QIB 9,313,334 133,668,801 14.35×
NII 4,656,666 38,532,438 8.27×
bNII 3,104,444 24,620,652 7.93×
sNII 1,552,222 13,911,786 8.96×
Retail 3,104,444 40,040,343 12.90×
Employees 73,891 504,378 6.83×
Total 17,148,335 212,745,960 12.41×

Frequently Asked Questions

What is the current subscription status of Indiqube Spaces IPO?

As of July 30, 2025, the Indiqube Spaces IPO has been subscribed 12.41 times overall. The IPO is fully subscribed with strong investor demand.

When was the Indiqube Spaces IPO subscription window open?

The Indiqube Spaces IPO subscription window was open from July 23, 2025 to July 25, 2025. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Indiqube Spaces IPO?

The Indiqube Spaces IPO has a price band of ₹225 to ₹237 per share, with a lot size of 63 shares. Minimum retail investment: ₹14,175 (lower band) or ₹14,931 (upper band).

What is the QIB subscription for Indiqube Spaces IPO?

The QIB category has been subscribed 14.35 times. QIBs were offered 9,313,334 shares. Strong QIB subscription indicates high institutional confidence.

What is the Retail subscription for Indiqube Spaces IPO?

Retail investors subscribed 12.90 times. Retail was offered 3,104,444 shares. High retail subscription reflects strong small-investor interest.

What is the NII subscription for Indiqube Spaces IPO?

Overall NII: 8.27×. bNII (>₹10L): 7.93×, sNII (<₹10L): 8.96×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Indiqube Spaces IPO allotment status?

Basis of allotment is on July 28, 2025. Check via the registrar's website, MUFG Intime India Pvt.Ltd using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Indiqube Spaces IPO be listed?

Indiqube Spaces IPO is expected to list on July 30, 2025. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 12.41× subscription mean for Indiqube Spaces IPO?

A subscription multiple of 12.41× means investors have bid for 12.41 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Indiqube Spaces IPO retail investors?

Based on the current retail subscription of 12.90×, the estimated allotment probability for retail investors is Low–Moderate. Lottery-based allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

How to apply for Indiqube Spaces IPO?

You can apply for Indiqube Spaces IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Jul 23 to Jul 25, 2025.

What is the grey market premium (GMP) for Indiqube Spaces IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Indiqube Spaces IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.

IPO Details

Open Date
Jul 23, 2025
Close Date
Jul 25, 2025
Allotment
Jul 28, 2025
Listing Date
Jul 30, 2025
Price Band
₹225 – ₹237
Lot Size
63 shares
Min. Investment
₹14,931
Exchange
NSE,BSE
Registrar
MUFG Intime India Pvt.Ltd
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Jul 23, 2025
  2. Subscription Closes Done

    Jul 25, 2025
  3. Basis of Allotment Done

    Jul 28, 2025
  4. Listing on NSE,BSE Done

    Jul 30, 2025

Allotment Probability

Low–Moderate

Lottery-based allotment. Based on retail subscription of 12.90×.

Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.

Share Allocation

QIB 54.3%
NII 27.2%
Retail 18.1%
Total Shares 17,148,335

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.