Indiqube Spaces Limited
154.90
INR
-6.75
(-4.18%)
Indiqube Spaces Limited
BSE:INDIQUBE
(Bombay Stock Exchange)
Recent
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154.90
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- Business
- Indiqube Spaces Ltd provides managed, tech-driven, and sustainable workplace solutions through an asset-light model that leases, renovates, and operates commercial properties as plug-and-play offices for enterprises; core offerings include branded workspace solutions such as IndiQube Grow for scalable hubs, Bespoke for customized large offices, One for tech-enabled property and facility management, and MiQube for integrated technology platforms including tenant dashboards, facility task management, visitor systems, and vending services; additional services encompass value-added amenities like catering, transport, creches, fitness centers, EV charging, customized interiors, green renovations, and facility maintenance. The company serves over 769 clients including global capability centers, corporates, unicorns, startups, and sectors such as IT/ITeS, manufacturing, automotive, BFSI, e-commerce, and healthcare, operating a hub-and-spoke network of 115 centers across 15 cities in India, managing 8.4 million square feet with capacity for over 186,700 seats; Bengaluru accounts for the largest footprint at 65 centers spanning 5.43 million square feet. Incorporated in 2015 and headquartered at Plot #53, Careernet Campus, Bengaluru, India, the company follows a strategy of acquiring full Grade-B buildings in high-demand areas for transformation into modern green workspaces, with renovated properties comprising nearly 30% of its portfolio. Recent developments include listing on the National Stock Exchange via an IPO in July 2025 to fund new centers, debt repayment, and corporate purposes; expansion by adding 41 properties and entering five new cities between March 2023 and March 2025, increasing footprint by 3.46 million square feet; conversion to public limited company with name change to Indiqube Spaces Limited on December 17, 2024; and Q2 FY26 results showing 39% sales growth to INR 350 crore alongside rising value-added services contribution to 13% of revenue, despite net losses.