INDIQUBE
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Indiqube Spaces Signs 750 Million Rupees Workspace Deal With Healthcare Tech GCC In Bangalore
March 30 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
SIGNS 750 MILLION RUPEES WORKSPACE DEAL WITH HEALTHCARE TECH GCC IN BANGALORE
Source text: ID:nNSE46yKW6
Further company coverage: IDIQ.NS
March 30 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
SIGNS 750 MILLION RUPEES WORKSPACE DEAL WITH HEALTHCARE TECH GCC IN BANGALORE
Source text: ID:nNSE46yKW6
Further company coverage: IDIQ.NS
India's Indiqube soars on 540-million-rupee lease deal
** Co-working and workspace solutions firm Indiqube Spaces' IDIQ.NS shares rise about 4% after a 17% surge to 172 rupees
** Co says it signed a workspace leasing agreement with a global capability centre client in Pune; does not name client
** Client has taken up 1,140 seats at IndiQube Orchid for 540 million rupees over a five-year tenure - IDIQ
** More than 110,000 shares traded so far, 2x their 30-day avg
** YTD, IDIQ down about 27%
(Reporting by Urvi Dugar in Bengaluru)
** Co-working and workspace solutions firm Indiqube Spaces' IDIQ.NS shares rise about 4% after a 17% surge to 172 rupees
** Co says it signed a workspace leasing agreement with a global capability centre client in Pune; does not name client
** Client has taken up 1,140 seats at IndiQube Orchid for 540 million rupees over a five-year tenure - IDIQ
** More than 110,000 shares traded so far, 2x their 30-day avg
** YTD, IDIQ down about 27%
(Reporting by Urvi Dugar in Bengaluru)
Indiqube Spaces Signs 1,140 Seats Workspace Leasing Deal With Major GCC Client In Pune
March 19 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
SIGNS 1,140 SEATS WORKSPACE LEASING DEAL WITH MAJOR GCC CLIENT IN PUNE
DEAL VALUED AT 540 MILLION RUPEES OVER 5 YEARS
Source text: ID:nNSE82Rq3p
Further company coverage: IDIQ.NS
March 19 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
SIGNS 1,140 SEATS WORKSPACE LEASING DEAL WITH MAJOR GCC CLIENT IN PUNE
DEAL VALUED AT 540 MILLION RUPEES OVER 5 YEARS
Source text: ID:nNSE82Rq3p
Further company coverage: IDIQ.NS
Indiqube Spaces Says Promoter Group May Purchase Equity Shares From Open Market
Feb 16 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
INDIQUBE SPACES LTD - PROMOTER GROUP MAY PURCHASE EQUITY SHARES FROM OPEN MARKET
Source text: ID:nNSEYjBFX
Further company coverage: IDIQ.NS
Feb 16 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
INDIQUBE SPACES LTD - PROMOTER GROUP MAY PURCHASE EQUITY SHARES FROM OPEN MARKET
Source text: ID:nNSEYjBFX
Further company coverage: IDIQ.NS
Indiqube Spaces Dec-Quarter Loss After Tax 170.67 Million Rupees
Feb 10 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
INDIQUBE SPACES LTD - DEC-QUARTER LOSS AFTER TAX 170.67 MILLION RUPEES
INDIQUBE SPACES LTD DEC-QUARTER REVENUE FROM OPERATIONS 3.9 BILLION RUPEES
Source text: [ID:]
Further company coverage: IDIQ.NS
Feb 10 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
INDIQUBE SPACES LTD - DEC-QUARTER LOSS AFTER TAX 170.67 MILLION RUPEES
INDIQUBE SPACES LTD DEC-QUARTER REVENUE FROM OPERATIONS 3.9 BILLION RUPEES
Source text: [ID:]
Further company coverage: IDIQ.NS
India's Indiqube Spaces gains after entry into Bhubaneswar
** Co-working and workspace solutions firm Indiqube Spaces' IDIQ.NS stock rises nearly 5% to 204.05 rupees
** Co expands footprint into Odisha capital Bhubaneswar, its 17th city of operations across India
** All four analysts covering IDIQ rate it "buy"; median PT at 310 rupees - data compiled by LSEG
** Stock down 5.5% since debut in July, 2025
(Reporting by Brijesh Patel in Bengaluru)
((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))
** Co-working and workspace solutions firm Indiqube Spaces' IDIQ.NS stock rises nearly 5% to 204.05 rupees
** Co expands footprint into Odisha capital Bhubaneswar, its 17th city of operations across India
** All four analysts covering IDIQ rate it "buy"; median PT at 310 rupees - data compiled by LSEG
** Stock down 5.5% since debut in July, 2025
(Reporting by Brijesh Patel in Bengaluru)
((Brijesh.Patel1@thomsonreuters.com; Ph no. +91 9590227221;))
WeWork India flat in pre-open trading debut
Oct 10 (Reuters) - Shares of WeWork India WEWO.NS were largely flat in pre-open trading on Friday after a muted response to its initial public offering, as investor caution carried into debut day amid concerns over its steep valuation and governance issues.
The stock listed at 650 rupees on the National Stock Exchange, marginally up from its offer price of 648 rupees.
($1 = 88.7770 Indian rupees)
(Reporting by Meenakshi Maidas and Yagnoseni Das in Bengaluru; Editing by Sonia Cheema)
((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))
Oct 10 (Reuters) - Shares of WeWork India WEWO.NS were largely flat in pre-open trading on Friday after a muted response to its initial public offering, as investor caution carried into debut day amid concerns over its steep valuation and governance issues.
The stock listed at 650 rupees on the National Stock Exchange, marginally up from its offer price of 648 rupees.
($1 = 88.7770 Indian rupees)
(Reporting by Meenakshi Maidas and Yagnoseni Das in Bengaluru; Editing by Sonia Cheema)
((Meenakshi.Maidas@thomsonreuters.com; +91 8921483410;))
Indiqube Spaces Posts June Quarter Standalone Loss After Tax 367.6 Million Rupees
Aug 12 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
JUNE QUARTER STANDALONE LOSS AFTER TAX 367.6 MILLION RUPEES
JUNE QUARTER STANDALONE REVENUE FROM OPERATIONS 3.09 BILLION RUPEES
Source text: [ID:]
Further company coverage: IDIQ.NS
Aug 12 (Reuters) - Indiqube Spaces Ltd IDIQ.NS:
JUNE QUARTER STANDALONE LOSS AFTER TAX 367.6 MILLION RUPEES
JUNE QUARTER STANDALONE REVENUE FROM OPERATIONS 3.09 BILLION RUPEES
Source text: [ID:]
Further company coverage: IDIQ.NS
Indian workspace firm IndiQube slumps about 15% in trading debut
July 30 (Reuters) - Shares of IndiQube Spaces IDIQ.NS fell nearly 15% in their trading debut on Wednesday, as broader markets were muted ahead of a looming U.S. tariff deadline, valuing the Indian workspace solutions provider at 44.13 billion rupees ($506 million).
IndiQube's debut is among a dozen Indian IPOs this month, but only the second to list at a discount.
The firm's $80.3 million IPO was subscribed 12.4 times last week, drawing strong demand from both retail and institutional investors.
Its shares opened at a 9% discount to the IPO price of 237 rupees in Mumbai. They were down 11.3% at 210.15 rupees at 11:30 a.m. IST.
India's equity benchmarks were flat on caution ahead of the U.S. Federal Reserve's policy decision and a key tariff deadline later this week. .BO
IndiQube is well-placed to ride India's growing demand for office space, but its dependence on the cities of Bengaluru, Pune, and Chennai - which generate 89% of its revenue - heightens its vulnerability to regional slowdowns, analysts at Deven Choksey Research said.
Rising competition from listed peers like Awfis AWFI.NS, Smartworks SMAW.NS, and the IPO-bound WeWork India WEWO.NS could also weigh on pricing power, they said.
Smartworks SMAW.NS listed at a 14% premium on July 17, as investors bet on surging demand for integrated office solutions in India. Its shares have fallen about 6% since then.
($1 = 87.21 Indian rupees)
(Reporting by Manvi Pant; Editing by Mrigank Dhaniwala)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
July 30 (Reuters) - Shares of IndiQube Spaces IDIQ.NS fell nearly 15% in their trading debut on Wednesday, as broader markets were muted ahead of a looming U.S. tariff deadline, valuing the Indian workspace solutions provider at 44.13 billion rupees ($506 million).
IndiQube's debut is among a dozen Indian IPOs this month, but only the second to list at a discount.
The firm's $80.3 million IPO was subscribed 12.4 times last week, drawing strong demand from both retail and institutional investors.
Its shares opened at a 9% discount to the IPO price of 237 rupees in Mumbai. They were down 11.3% at 210.15 rupees at 11:30 a.m. IST.
India's equity benchmarks were flat on caution ahead of the U.S. Federal Reserve's policy decision and a key tariff deadline later this week. .BO
IndiQube is well-placed to ride India's growing demand for office space, but its dependence on the cities of Bengaluru, Pune, and Chennai - which generate 89% of its revenue - heightens its vulnerability to regional slowdowns, analysts at Deven Choksey Research said.
Rising competition from listed peers like Awfis AWFI.NS, Smartworks SMAW.NS, and the IPO-bound WeWork India WEWO.NS could also weigh on pricing power, they said.
Smartworks SMAW.NS listed at a 14% premium on July 17, as investors bet on surging demand for integrated office solutions in India. Its shares have fallen about 6% since then.
($1 = 87.21 Indian rupees)
(Reporting by Manvi Pant; Editing by Mrigank Dhaniwala)
((Manvi.Pant@thomsonreuters.com; +918447554364;))
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What does Indiqube Spaces do?
Indiqube Spaces is a managed workplace solutions company offering comprehensive, sustainable, and technology-driven workplace solutions dedicated to transforming the traditional office experience. Its diverse solutions range from providing large corporate offices (hubs) to small branch offices (spokes) for enterprises and transforming the workplace experience of their employees by combining interiors, amenities and a host of value-added services.
Who are the competitors of Indiqube Spaces?
Indiqube Spaces major competitors are Awfis Space Solution, Smartworks Coworking, EFC (I). Market Cap of Indiqube Spaces is ₹3,037 Crs. While the median market cap of its peers are ₹2,582 Crs.
Is Indiqube Spaces financially stable compared to its competitors?
Indiqube Spaces seems to be less financially stable compared to its competitors. Altman Z score of Indiqube Spaces is 0 and is ranked 4 out of its 4 competitors.
Does Indiqube Spaces pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Indiqube Spaces latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Indiqube Spaces allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery
How strong is Indiqube Spaces balance sheet?
Indiqube Spaces balance sheet is weak and might have solvency issues
Is the profitablity of Indiqube Spaces improving?
Yes, profit is increasing. The profit of Indiqube Spaces is -₹97.41 Crs for TTM, -₹141.05 Crs for Mar 2025 and -₹341.51 Crs for Mar 2024.
Is the debt of Indiqube Spaces increasing or decreasing?
The net debt of Indiqube Spaces is decreasing. Latest net debt of Indiqube Spaces is -₹213.24 Crs as of Sep-25. This is less than Mar-25 when it was ₹332 Crs.
Is Indiqube Spaces stock expensive?
There is insufficient historical data to gauge this. Latest PE of Indiqube Spaces is 0
Has the share price of Indiqube Spaces grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Indiqube Spaces?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Indiqube Spaces is 60.04% and last quarter promoter holding is 60.6%
Are mutual funds buying/selling Indiqube Spaces?
The mutual fund holding of Indiqube Spaces is increasing. The current mutual fund holding in Indiqube Spaces is 9.12% while previous quarter holding is 8.31%.
