About Indiqube Spaces Limited
Data last updated: 07 January 2026
Indiqube Spaces Limited is a public limited company based in Bangalore South, Karnataka, India. It specialises in general infrastructure services, a part of the broader infrastructure and utilities sector. Incorporated on 14 January 2015, the company has been in operation for over 11 years.
Registered with ROC Bangalore under CIN L45400KA2015PLC133523. Listed.
Capital: an authorised share capital of ₹32.5 Cr and a paid-up capital of ₹21.2 Cr. It is led by directors including Sandeep Singhal and Naveen Tewari.
Last AGM: 27 June 2025. Financial statements filed for year ended 31 March 2025. Office: Bangalore South, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,102.93 Cr, a growth of 27% compared to the previous year.
The company has a workforce of approximately 571 employees as per the latest available data.
The company is associated with 1 brand - Indiqube. As per MCA filings, the company has open charges of ₹303.59 Cr and satisfied charges of ₹119.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiqube.com.
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Registered AddressPlot # 53 Careernet Campus Kariyammanna, Agrahara Road Devarabisanahalli Outer Ring Road, Bangalore South, Karnataka, India – 560103
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IndustryInfrastructure and Utilities, General Infrastructure Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Indiqube Spaces Limited
Indiqube Spaces Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L45400KA2015PLC133523, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L45400KA2015PLC133523 | Current |
| U45400KA2015PLC133523 | Previous |
| U45400KA2015PTC133523 | Previous |
| U45400UP2015PTC068253 | Previous |
Associated Brands with Indiqube Spaces Limited
Indiqube Spaces Limited operates one associated brand: IndiQube. These brands represent Indiqube Spaces Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Flexible workspace solutions are provided for enterprises, startups, and SMBs. | indiqube.com |
Competitors & Alternatives of Indiqube Spaces Limited
Brands and companies operating in the same space as Indiqube Spaces Limited include WeWork, DevX, BHIVE Workspace and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
WeWork
|
Flexible office and coworking spaces are provided by WeWork globally. | New York, United States, United States | 2010 |
DevX
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Managed office spaces and coworking environments are provided for businesses. | Ahmedabad, India, India | 2017 |
BHIVE Workspace
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Flexible workspace solutions, including coworking and managed offices, are offered. | Bengaluru, India, India | 2014 |
91Springboard
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Operator of shared workspaces, private offices, and virtual office solutions | Mumbai, India, India | 2012 |
iSprout
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Adaptable workspaces with amenities and collaborative features are offered. | Hyderabad, India, India | 2016 |
CorporatEdge
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Operator of flexible workspaces, meeting rooms, virtual offices, and event spaces | Delhi, India, India | 2012 |
Cowrks
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Provider of flexible and customized coworking spaces | Bengaluru, India, India | 2015 |
Business Activity of Indiqube Spaces Limited
Indiqube Spaces Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
Auditor Details of Indiqube Spaces Limited
Indiqube Spaces Limited is audited by Walker Chandiok & Co LLP (ICAI peer reviewed, certificate valid till 2028-05-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Walker Chandiok & Co LLP (ICAI peer reviewed, certificate valid till 2028-05-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Indiqube Spaces Limited
Indiqube Spaces Limited is currently managed by 9 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Sandeep Singhal
Also directs:
Indiqube Spaces Limited, Westbridge Advisors Llp, Safecrop Investments India Llp and 5 more
|
Nominee Director | 23 Jul 2024 | 1 Years 11 Months | Current |
|
Naveen Tewari
Also directs:
Indiqube Spaces Limited, Sachchi Consulting Llp, Narayana Hrudayalaya Limited and 1 more
|
Director | 18 Dec 2024 | 1 Years 6 Months | Current |
| Pranav Ayanath Kuttiyat | Company Secretary | 15 Nov 2024 | 1 Years 7 Months | Current |
|
Anshuman Das
Also directs:
Indiqube Spaces Limited, Innoprop Spaces Private Limited, Rishuman Constructions Private Limited and 3 more
|
Director | 14 Jan 2015 | 11 Years 5 Months | Current |
| Rishi Das | Ceo | 18 Dec 2024 | 1 Years 6 Months | Current |
| Rahul Matthan | Director | 18 Dec 2024 | 1 Years 6 Months | Current |
Financials of Indiqube Spaces Limited FY 2026 filings available
Indiqube Spaces Limited reported revenue of ₹1,450.81 Cr (up ) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 |
|---|---|
| Revenue from Operations | ₹1,450.81 Cr |
| Other Income | ₹76.71 Cr |
| Total Income | ₹1,527.52 Cr |
| Cost of Materials Consumed | ₹0 |
| Purchases of Stock-in-Trade | ₹96.31 Cr |
| Changes in Inventories | -₹69.2 Lakh |
| Employee Benefit Expense | ₹92.57 Cr |
| Finance Costs | ₹448.26 Cr |
| Depreciation & Amortisation | ₹645.43 Cr |
| Other Expenses | ₹381.29 Cr |
| Total Expenses | ₹1,663.17 Cr |
| Profit Before Exceptional Items & Tax | -₹135.65 Cr |
| Exceptional Items | ₹0 |
| Profit Before Tax | -₹135.65 Cr |
| Total Tax Expense | -₹29.3 Cr |
| Net Profit | -₹106.34 Cr |
| Other Comprehensive Income | ₹92.4 Lakh |
| Total Comprehensive Income | -₹105.42 Cr |
| EBITDA (computed) | ₹958.04 Cr |
| Basic EPS | ₹-5.28 |
| Diluted EPS | ₹-5.28 |
| Metrics | FY 2026 |
|---|---|
| Total Assets | ₹6,511.4 Cr |
| Non-current Assets | ₹5,891.05 Cr |
| Current Assets | ₹620.35 Cr |
| Property, Plant & Equipment | ₹932.89 Cr |
| Inventories | ₹69.2 Lakh |
| Trade Receivables | ₹112.56 Cr |
| Cash & Equivalents | ₹72.26 Cr |
| Equity (Net Worth) | ₹514.75 Cr |
| Equity Share Capital | ₹21.2 Cr |
| Borrowings (Non-current) | ₹169.32 Cr |
| Borrowings (Current) | ₹120.71 Cr |
| Total Debt (computed) | ₹290.03 Cr |
| Current Liabilities | ₹1,002.47 Cr |
| Total Liabilities | ₹5,996.65 Cr |
| Metrics | FY 2026 |
|---|---|
| Operating Cash Flow | ₹920.39 Cr |
| Investing Cash Flow | -₹736.75 Cr |
| Financing Cash Flow | -₹178.12 Cr |
| Capital Expenditure | ₹413.77 Cr |
| Free Cash Flow (computed) | ₹506.61 Cr |
| Dividends Paid | ₹0 |
| Net Change in Cash | ₹5.52 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 |
|---|---|---|---|---|
| Revenue from Operations | ₹401.45 Cr | ₹389.94 Cr | ₹350.14 Cr | ₹309.29 Cr |
| Other Income | ₹24.27 Cr | ₹21.16 Cr | ₹16.45 Cr | ₹14.83 Cr |
| Total Income | ₹425.71 Cr | ₹411.09 Cr | ₹366.59 Cr | ₹324.13 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹25.63 Cr | ₹34.14 Cr | ₹26.48 Cr | ₹10.05 Cr |
| Changes in Inventories | ₹46.8 Lakh | -₹71.2 Lakh | -₹44.8 Lakh | ₹0 |
| Employee Benefit Expense | ₹24.2 Cr | ₹23.51 Cr | ₹24.9 Cr | ₹19.97 Cr |
| Finance Costs | ₹119.2 Cr | ₹112.33 Cr | ₹106.79 Cr | ₹109.93 Cr |
| Depreciation & Amortisation | ₹177.03 Cr | ₹169.19 Cr | ₹156.23 Cr | ₹142.98 Cr |
| Other Expenses | ₹103.08 Cr | ₹95.73 Cr | ₹91.32 Cr | ₹91.15 Cr |
| Total Expenses | ₹449.61 Cr | ₹434.19 Cr | ₹405.28 Cr | ₹374.09 Cr |
| Profit Before Exceptional Items & Tax | -₹23.9 Cr | -₹23.1 Cr | -₹38.69 Cr | -₹49.96 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹23.9 Cr | -₹23.1 Cr | -₹38.69 Cr | -₹49.96 Cr |
| Total Tax Expense | -₹1.24 Cr | -₹6.03 Cr | -₹8.82 Cr | -₹13.21 Cr |
| Net Profit | -₹22.65 Cr | -₹17.07 Cr | -₹29.87 Cr | -₹36.76 Cr |
| Other Comprehensive Income | ₹34.8 Lakh | ₹1.29 Cr | -₹35.8 Lakh | -₹35.8 Lakh |
| Total Comprehensive Income | -₹22.3 Cr | -₹15.78 Cr | -₹30.23 Cr | -₹37.11 Cr |
| EBITDA (computed) | ₹272.33 Cr | ₹258.42 Cr | ₹224.34 Cr | ₹202.95 Cr |
| Basic EPS | ₹-1.07 | ₹-0.81 | ₹-1.48 | ₹-2.01 |
| Diluted EPS | ₹-1.07 | ₹-0.81 | ₹-1.48 | ₹-2.01 |
Board & Governance of Indiqube Spaces Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Indiqube Spaces Limited has 8 directors - 4 independent and 2 executive. The board is chaired by Rishi Das.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Rishi Das | Executive Director · CEO · Chairperson | 2015-01-14 | 1 |
| Meghna Agarwal | Executive Director | 2019-07-01 | 1 |
| Anshuman Das | Non-Executive - Non Independent Director | 2015-01-14 | 1 |
| Sandeep Singhal | Non-Executive - Nominee Director | 2024-07-23 | 2 |
| Avalur Gopalaratnam Muralikrishnan | Non-Executive - Independent Director | 2024-12-18 | 1 |
| Naveen Tewari | Non-Executive - Independent Director | 2024-12-18 | 2 |
| Rahul Matthan | Non-Executive - Independent Director | 2024-12-18 | 2 |
| Sachi Krishana | Non-Executive - Independent Director | 2024-12-18 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Avalur Gopalaratnam Muralikrishnan (Chairperson), Sachi Krishana, Rishi Das |
| Nomination and remuneration committee | Sachi Krishana (Chairperson), Anshuman Das, Rahul Matthan |
| Stakeholders Relationship Committee | Sachi Krishana (Chairperson), Rishi Das, Meghna Agarwal |
| Risk Management Committee | Rishi Das (Chairperson), Meghna Agarwal, Sachi Krishana |
| Corporate Social Responsibility Committee | Rishi Das (Chairperson), Rahul Matthan, Sandeep Singhal |
| Management Sub Committee | Rishi Das (Chairperson), Anshuman Das, Meghna Agarwal |
| Committee of Independent Directors | Sachi Krishana (Chairperson), Avalur Gopalaratnam Muralikrishnan, Naveen Tewari, Rahul Matthan |
Charges & Borrowings of Indiqube Spaces Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2025 | Others | ₹56 Cr | Open |
| 06 Sep 2024 | Others | ₹100 Cr | Open |
| 04 Jul 2022 | Axis Bank Limited | ₹146.88 Cr | Open |
| 30 Dec 2021 | Hdfc Bank Limited | ₹23.59 Lakh | Open |
| 27 Oct 2021 | Hdfc Bank Limited | ₹47.87 Lakh | Open |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Indiqube Spaces Limited
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Employee Count & EPFO Data of Indiqube Spaces Limited
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GST Compliance of Indiqube Spaces Limited
GSTIN & GST Filing Data of Indiqube Spaces Limited
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Credit Ratings, Litigation & Regulatory Alerts for Indiqube Spaces Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Indiqube Spaces Limited
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MSME Payment Delays by Indiqube Spaces Limited
MSME Payment Delays by Indiqube Spaces Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Indiqube Spaces Limited
Subsidiaries & Group Companies of Indiqube Spaces Limited
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MCA Filings & Documents of Indiqube Spaces Limited
MCA Filings & Documents of Indiqube Spaces Limited
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Recent Activity on Indiqube Spaces Limited
Recent News on Indiqube Spaces Limited
Frequently Asked Questions about Indiqube Spaces Limited
Indiqube Spaces Limited is an active public limited company in the infrastructure and utilities sector based in Bangalore South, Karnataka, India. It was incorporated on 14 January 2015 (11+ years old) and is registered under CIN L45400KA2015PLC133523. The company has 571 employees.
Indiqube Spaces Limited reported revenue of ₹1,102.93 Cr for FY 2025 (up 27.00% YoY).
The current directors of Indiqube Spaces Limited are:
The primary industry of Indiqube Spaces Limited is infrastructure and utilities. The company specifically operates in general infrastructure services. The company is currently active in this sector.
Yes, Indiqube Spaces Limited is a listed company.
Indiqube Spaces Limited can be reached at the registered office: Plot # 53 Careernet Campus Kariyammanna, Agrahara Road Devarabisanahalli Outer Ring Road, Bangalore South, Karnataka, India – 560103, or through the website indiqube.com.