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Startup Atlas · Commercial Real Estate

IndiQube Listed

Indiqube Spaces Limited Bengaluru, Karnataka Founded 2015 indiqube.com ↗

Bengaluru-based managed, tech-enabled workspace provider founded in 2015 by Rishi Das, Meghna Agarwal and Anshuman Das. Leases and operates flexible/managed office space for startups, SMEs, and large enterprises (clients cited in filings include Myntra, upGrad, Zerodha, and Siemens) across 13+ Indian cities. Listed on the BSE and NSE via a ₹700 crore IPO that closed July 25, 2025.

Rishi Das · Co-founder, Chairman & CEO Meghna Agarwal · Co-founder, COO Anshuman Das · Co-founder, Non-Executive Director
$45 MnTotal funding (tracked)
2Funding rounds
6 Apr 2022Last round
Publicly listed · NSE:INDIQUBE
₹191.65 +0.92% BSE, as of 27 Aug 26 | 16:00

Valuation

P/E · TTM0.00
P/B8.46

Returns

ROE-44.99%
ROCE54.58%

Per share

Book value22.72

Growth · year on year

Sales+36.96%
Profit+23.83%

Ownership

Promoter holding60.11%

Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.

67/100
Solid Atlas Score — computed from 9 published figures
How this score is calculated
Measure Value Scores Source
P/E
What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall.
0.00 100/100 Market data
P/B
Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons.
8.46 0/100 Market data
ROE
Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business.
-44.99 0/100 Market data
ROCE
Return on capital employed — the same idea including debt, so it is harder to flatter with leverage.
54.58 100/100 Market data
Profit growth
Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do.
23.83 75/100 Market data
Sales growth
Year-on-year growth in revenue.
36.96 100/100 Market data
Revenue growth · filed
Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed.
27.10 100/100 Atlas
Profit trend · filed
Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one.
Loss narrowed 55/100 Atlas
Promoter holding
How much of the company its founders and controlling group still own. Higher usually means their money moves with yours.
60.11 100/100 Market data

The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.

View IndiQube's live share price on Google Finance ↗

IndiQube: Funding Rounds

Date Round Amount Investors Source
6 Apr 2022 Series B $30 Mn WestBridge Capital Ashish Gupta CareerNet Technologies source
Jun 2018 ~ Series A $15 Mn WestBridge Capital Ashish Gupta source

News on IndiQube

No coverage of IndiQube linked yet.

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FAQs on IndiQube

Who founded IndiQube?

IndiQube was founded by Rishi Das, Meghna Agarwal, Anshuman Das in 2015.

How much funding has IndiQube raised?

IndiQube has raised $45 Mn across 2 tracked funding round(s), most recently on 2022-04-06. Figures are compiled from cited public sources.

Who are the investors in IndiQube?

Investors in IndiQube include WestBridge Capital, Ashish Gupta, CareerNet Technologies.

What does IndiQube do?

Bengaluru-based managed, tech-enabled workspace provider founded in 2015 by Rishi Das, Meghna Agarwal and Anshuman Das. Leases and operates flexible/managed office space for startups, SMEs, and large enterprises (clients cited in filings include Myntra, upGrad, Zerodha, and Siemens) across 13+ Indian cities. Listed on the…

Where is IndiQube headquartered?

IndiQube is headquartered in Bengaluru, Karnataka, India.

What is IndiQube's business model?

IndiQube's core value proposition centers on Flexible, scalable workspaces that grow with the client.

How does IndiQube make money?

IndiQube's cited revenue streams include Workspace leasing plus value-added services.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: inc42.com www.falconebiz.com www.bseindia.com · Last verified 27 Aug 2026. · Report a correction