Indiqube’s Stunning IPO Demand Turns Sour on Listing Day
Indiqube, the hotly anticipated flexible workspace startup, kicked off its public market journey with a surprise: its shares debuted at Rs 216, a 9% discount to the Rs 237 IPO price — despite a massive 12X oversubscription during the offer.
The Rs 700 crore IPO had investors lining up, with retail investors showing overwhelming…
