Price Band Set At INR 225-237

Coworking major IndiQube has set a price band of INR 225 to INR 237 per share for its initial public offering (IPO) that will open for subscription on July 23 and close on July 25.

The issue will open for anchor investor bidding on July 22, with the company expected to list on the bourses on July 30.

In an IPO press conference today, IndiQube said 75% of the IPO offer will be reserved for qualified institutional investors (QIBs), 15% for non-institutional investors (NIIs) and the remaining 10%…