IndiQube Spaces

About the Company

Incorporated on January 14, 2015, as “Innovent Spaces Private Limited,” the company, now known as “Indiqube Spaces Limited,” specialises in providing flexible and innovative workspace solutions. Initially based in Uttar Pradesh, it relocated its registered office to Karnataka in 2018. The company focuses on creating modern office environments, catering to businesses seeking adaptable and sustainable workspace options.

Strengths

• Strong acquisition strategy focused on value creation.
• Leading player in India’s flexible workspace market.
• Experienced leadership with a solid investor base.
• Focus on green building ecosystems.
• Capital-efficient model with risk mitigation.

Risks

• Sensitive to real estate market fluctuations affecting leasing costs and profitability.
• Reliance on third parties for materials and interior enhancements may impact operations.
• Shifts in work culture, like remote working, could reduce demand for office spaces.
• Fixed expenses during low demand can adversely affect financial condition.
• Ability to pay future dividends depends on earnings, financial condition, and financing terms.