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IndiQube promoters may buy shares from open market after 214% rise in Q3FY26 profit

  • February 20, 2026
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IndiQube Areas Restricted, a Bengaluru-based managed office options firm, mentioned that its promoter group might buy fairness shares from the open market. In its submitting with the inventory

IndiQube promoters may buy shares from open market after 214% rise in Q3FY26 profit


IndiQube Areas Restricted, a Bengaluru-based managed office options firm, mentioned that its promoter group might buy fairness shares from the open market.

In its submitting with the inventory exchanges, the corporate mentioned sure members of the promoter and promoter group might purchase fairness shares of Indiqube on occasion by means of open market transactions.

The corporate clarified that these proposed purchases will likely be carried out in compliance with SEBI rules, together with takeover and insider buying and selling norms, and can stay inside the prescribed limits. It additionally acknowledged that the transactions won’t set off any open provide requirement.

The disclosure was described as a voluntary step within the curiosity of excellent governance and transparency.

The replace comes months after IndiQube made its inventory market debut in July 2025 with a Rs 700 crore initial public offering (IPO).

The IPO comprised a contemporary problem of Rs 650 crore and a proposal on the market of Rs 50 crore by promoters Rishi Das and Meghna Agarwal. The issue was priced in the range of Rs 225 to Rs 237 per share and noticed participation from institutional and retail buyers.

WestBridge Capital, an early backer of the corporate since 2018, didn’t promote any shares within the provide on the market.

As of March 31, 2025, the corporate had a portfolio of over 8 million sq. ft throughout a number of cities, with a powerful give attention to enterprise shoppers and international functionality centres.

Since itemizing, Indiqube has reported regular operational progress. Within the quarter ended September 30, 2025, the corporate posted total income of Rs 367 crore under Ind AS, whereas income from operations below its IGAAP equal framework stood at Rs 354 crore.

On an IGAAP equal foundation, the corporate reported a revenue after tax of Rs 28 crore for the quarter.

The efficiency improved additional within the quarter ended December 31, 2025. IndiQube reported revenue of Rs 395 crore, up 45% yr on yr, with complete earnings at Rs 403 crore.

For the primary 9 months of FY26, income stood at Rs 1,063 crore. The corporate reported a revenue after tax of Rs 40 crore for the December quarter and Rs 95 crore for the 9 month interval on the reported foundation.

Operationally, the corporate has expanded its managed portfolio to greater than 9.5 million sq. ft with over two lakh seats throughout 17 cities. Occupancy ranges have remained wholesome, supported by demand from giant enterprises and international functionality centres.

The proposed open market purchases are notable at a time when many Indian startups which have gone public have seen important dilution in founder possession, in some circumstances falling under 15%.

As per the most recent shareholding sample for the December 2025 quarter, promoters held 60.04% stake in the company, barely decrease than 60.60% within the September quarter.