Tag: Aditya Birla Sun Life MF

IndustryLatest Stories

IndiQube Spaces IPO Fully Subscribed; Retail Portion 7x Over

NEW DELHI: IndiQube Spaces’ ₹700-crore initial public offering (IPO) saw full subscription by the second day of bidding, driven by strong interest from retail and non-institutional investors. The IPO, which kicked off on July 23, is set to close on July 25, 2025. As of 5:04 PM on July 24, the IPO was subscribed 2.68 times overall, with the retail segment oversubscribed at 7.32 times. The employee allocation was subscribed 4.74 times, while the qualified institutional buyer (QIB) section was 1.49 times subscribed. Non-institutional investors (NII) saw a subscription of 1.94 times, with small NIIs bidding at 2.62 times and…

CommercialLatest Stories

IndiQube Spaces Secures ₹314 Crore from Anchors Before IPO

NEW DELHI: IndiQube Spaces, a managed workspace solutions provider, has secured over ₹314.32 crore from anchor investors ahead of its initial public offering, with shares priced at ₹237 each, as reported in an exchange filing. Key investors include Aditya Birla Sun Life MF, Ashoka WhiteOak ICAV, Invesco India ELSS Tax Saver Fund, Motilal Oswal Large Cap Fund, Bandhan Large & Mid Cap Fund, along with others like Max New York Life Insurance, Edelweiss MF, and Citigroup Global Markets Mauritius. Of the 13.26 million equity shares allocated to anchor investors, 8.93 million shares (67.35%) went to eight domestic mutual funds covering…