IndiQube IPO To Open On July 23, Cuts IPO Size By INR 150 Cr

The managed workplace solutions provider’s public issue will open on July 23 and close on July 25

IndiQube has slashed its fresh issue size by INR 100 Cr to INR 650 Cr and the offer for sale (OFS) component has been halved to INR 50 Cr

IndiQube plans to utilise INR 462.6 Cr from the net proceeds from the fresh issue to establish new centres

On the day of Smartworks’ listing, its competitor IndiQube filed its red herring prospectus (RHP) for its IPO. The managed…