Indiqube Spaces IPO subscribed 1.4 times on day 2; Check GMP, and other key details

The IPO of IndiQube Spaces was subscribed 1.39 times by midday on Day 2, with strong retail participation at 5.08x. The Rs 700-crore issue has a price band of Rs 225–237 per share. In the grey market, shares were quoting at a Rs 17–18 premium. Proceeds will fund new centres, repay borrowings, and support general corporate needs.