Mainboard IPOListedReal Estate

Indiqube Spaces Limited IPO

Exchange: NSE & BSE · Face Value: ₹10

Current GMP

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Est. Listing

₹237

Price Band₹225 – ₹237
Lot Size63 shares
Issue Size₹700 Cr
Open / Close2025-07-23 to 2025-07-25

Current Subscription Demand

Live bidding status across investor categories

Total Oversubscribed12.41x
QIB15.12x
NII (HNI)8.72x
Retail13.59x
CategoryShares OfferedShares BidTimes Subscribed
QIB88,41,77213,36,68,80115.12x
NIB44,20,8863,85,32,4388.72x
HNIs(10L +)29,47,2572,46,20,6528.35x
HNIs (2-10L)14,73,6291,39,11,7869.44x
RETAIL29,47,2574,00,40,34313.59x
EMPLOYEES69,7675,04,3787.23x

How to Interpret Indiqube Spaces Limited Subscription Status

Evaluating subscription times and their relationship with Grey Market Premium.

IPO Grey Market Premium (GMP) represents the unofficial premium at which Initial Public Offering (IPO) shares are traded among investors before they officially list on the stock exchanges (NSE/BSE). Traders closely track real-time GMP fluctuations to evaluate market sentiment.

What Does Positive GMP Indicate?

A strong positive grey market premium suggests solid buyer demand and market interest, hinting that the stock could open with healthy listing day gains above its issue price.

How Estimated Listing Price is Calculated

Estimated Listing Price = Upper Price Band + Current GMP (₹). For instance, if an issue is priced at ₹100 with ₹30 GMP, the estimated listing price is ₹130 (+30%).

Key Factors Affecting Live IPO GMP Today

  • Subscription Numbers: Heavy bidding observed by QIB (Qualified Institutional Buyers) and NII (Non-Institutional Investors) directly propels the grey market price upward.
  • Broader Market Sentiments: Nifty and Sensex trends have a direct bearing on pre-listing demand.
  • Allotment & Fundamentals: Fairly priced issues with steady buyer demand post-allotment maintain stable grey market demand compared to overvalued issues.

Heavy QIB subscription indicates strong backing by mutual funds, foreign portfolio investors (FPIs), and banks. Retail and HNI demand reflects general market buzz. High overall subscription often causes the Grey Market Premium (GMP) to expand right before allotment.

For real-time consolidated exchange order-book figures updated throughout market hours, track the ipo live subscription feed across all live issues.

Disclaimer: Grey Market Premium (GMP) is an unregulated, unofficial over-the-counter pricing indicator. GMP fluctuates dynamically and does not guarantee official stock exchange listing gains. Always refer to SEBI-approved Red Herring Prospectus (RHP) before applying.
Indiqube Spaces Limited IPO Subscription Status Live – Day-wise Bidding Details | GMP on IPO