Stake sale · Professional & Local Services
Promoters buy shares in IndiQube
By Startup Enthusiast ·

- Date
- Company
- IndiQube Spaces
- What it does
- Managed workplace solutions provider
- Kind
- Stake sale
- Based in
- Bengaluru
What they do
IndiQube provides managed office spaces across 17 cities in India
What happened
Promoters Meghna Agarwal and Ashu Agarwal bought 1,14,751 equity shares from the open market between Feb and Mar 2026
Why it matters
The purchase was voluntary and below the mandatory reporting threshold, reflecting promoter confidence
The details
- Promoters Meghna Agarwal and Ashu Agarwal bought 1,14,751 equity shares of IndiQube from the open market.
- The purchases were made between 16 February 2026 and 16 March 2026.
- The disclosure was made voluntarily for transparency.
- The transaction was below the mandatory reporting threshold under SEBI rules.
- The acquisition was less than 2% of total shareholding or voting rights.
- No SEBI takeover disclosure was required for this purchase.
The bigger picture
- The promoter shareholding had declined from 60.60% to 60.04% in the previous quarter.
- This purchase signals promoter confidence in the company's prospects.
- IndiQube reported a 214% YoY jump in Q3 FY26 profit after tax to ₹40 crore.
- Total income for Q3 FY26 stood at ₹403 crore.
About the business
- IndiQube is a Bengaluru-based managed workplace solutions company.
- It manages a portfolio of over 9.5 million square feet of office space.
- It provides over 2 lakh seats across 17 cities in India.
- Its clients include large enterprises and global capability centres.
- Occupancy levels are described as healthy.
The deal
- Type
- stake-sale
Founders
- Meghna Agarwal, Promoter
- Ashu Agarwal, Promoter
More on IndiQube Spaces
- IndiQube opens large managed workspace in Noida15 July 2026 · Launch
- IndiQube appoints two senior leaders for business development and design as it expands enterprise offerings15 June 2026 · People
- IndiQube reports FY26 revenue growth and profitability20 May 2026 · Results · ₹1,450.8 Cr
- IndiQube signs ₹52 Cr workspace deal with Japanese e-commerce firm17 April 2026 · Launch · ₹52 Cr
- IndiQube promoters plan open market share purchases20 February 2026 · News
- IndiQube IPO opens July 23, raises ₹700 crore17 July 2025 · IPO · ₹700 crore
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