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

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SUMMARY

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…



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


SUMMARY

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…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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