Indiqube Spaces Ltd

Past performance
Performance overview
About Indiqube Spaces Ltd Indiqube Spaces Limited is a Kanpur-based managed workplace solutions firm established in 2015 under the name Innovent Spaces Private Limited. The company underwent several transformations, including renaming to Indiqube Spaces Private Limited in 2024, before becoming a public limited company, effective December 17, 2024. Indiqube specializes in comprehensive and sustainable workplace solutions, aiming to redefine traditional office spaces through technology-driven innovation. The company's core business focuses on leasing shared workspaces, ranging from fully- to partly-equipped office premises. Through backward integration, Indiqube handles asset renovation, upgrades, and customized build-to-suit work environments. Their forward integration strategy enhances offerings by delivering business-to-business (B2B) and business-to-customer (B2C) value-added services (VAS) to clients and their employees. This integrated approach highlights a commitment to creating tailored, high-quality office environments for modern businesses. Indiqube’s supply acquisition strategy is centered on identifying full buildings in high-demand micro-markets that offer strong infrastructure connectivity, low vacancy rates, and access to talent-rich regions. The company collaborates with landlords to lease and renovate aging Grade B properties, transforming them into green, technologically advanced workspaces. Leveraging a data-driven methodology, Indiqube carefully selects properties with high leasing activity and future potential tied to infrastructure developments. The company plans to raise Rs 850 crore through its upcoming Initial Public Offering (IPO). This includes Rs 750 crore through a fresh issue and Rs 100 crore via offer for sale of equity shares, each with a face value of Re 1. The IPO signifies a strategic move to fuel growth and expand its footprint in the managed workspace sector, further enhancing its capabilities in sustainable and modern workplace solutions.
Website indiqube.com
Founded 2015
Headquarters Bangalore