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.
Last updated: Jul 30, 2025, 10:33 AM IST
| 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×
|
Snapshot of each day's bidding activity
| 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× |
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.
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.
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).
The QIB category has been subscribed 14.35 times. QIBs were offered 9,313,334 shares. Strong QIB subscription indicates high institutional confidence.
Retail investors subscribed 12.90 times. Retail was offered 3,104,444 shares. High retail subscription reflects strong small-investor interest.
Overall NII: 8.27×. bNII (>₹10L): 7.93×, sNII (<₹10L): 8.96×. NII includes HNIs and corporate entities investing above ₹2 lakh.
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.
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.
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.
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.
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.
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.
Subscription Opens Done
Jul 23, 2025Subscription Closes Done
Jul 25, 2025Basis of Allotment Done
Jul 28, 2025Listing on NSE,BSE Done
Jul 30, 2025Lottery-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.
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Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.