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Stake sale · Professional & Local Services

Promoters buy shares in IndiQube

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IndiQube Spaces logo
Date
Company
IndiQube Spaces
What it does
Managed workplace solutions provider
Kind
Stake sale
Based in
Bengaluru
Sector
Professional & Local Services

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

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