Indiqube Spaces IPO vs Jajoo Rashmi Refractories IPO

Comparison between Indiqube Spaces IPO and Jajoo Rashmi Refractories IPO.

IPO Details

Indiqube Spaces IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Jajoo Rashmi Refractories IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Indiqube Spaces IPO is up to ₹700.00 Cr whereas the issue size of the Jajoo Rashmi Refractories IPO is up to ₹150.00 Cr. The final issue price of Indiqube Spaces IPO is ₹237.00 per share and of Jajoo Rashmi Refractories IPO is .

 Indiqube Spaces IPOJajoo Rashmi Refractories IPO
Face Value₹1 per share₹10 per share
Issue Price (Lower)₹225.00 per share
Issue Price (Upper)₹237.00 per share
Issue Price (Final)₹237.00 per share
Discount (Retail)
Discount (Employee)₹22.00 per share
Market Lot Size63 shares
Fresh Issue Size2,74,32,636 shares0 shares
Fresh Issue Size (Amount)up to ₹650.01 Crup to ₹150.00 Cr
OFS Issue Size21,09,704 shares0 shares
OFS Issue Size (Amount)up to ₹49.99 Crup to ₹0.00 Cr
Issue Size Total2,95,42,340 shares0 shares
Issue Size Total (Amount)up to ₹700.00 Crup to ₹150.00 Cr

IPO Timetable

Indiqube Spaces IPO opens on Jul 23, 2025, while Jajoo Rashmi Refractories IPO opens on . The closing date of Indiqube Spaces IPO and Jajoo Rashmi Refractories IPO is Jul 25, 2025, and , respectively.

Financials & KPIs

Indiqube Spaces IPO P/E ratio is , as compared to Jajoo Rashmi Refractories IPO P/E ratio of .

 Indiqube Spaces IPOJajoo Rashmi Refractories IPO
Financials

Company Financials (Restated)

Indiqube Spaces Ltd.'s revenue increased by 27% and profit after tax (PAT) rose by 59% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets4,685.123,667.912,969.32
Total Income1,102.93867.66601.28
Profit After Tax-139.62-341.51-198.11
EBITDA660.19263.42258.23
NET Worth-3.11130.63-308.10
Reserves and Surplus-23.30129.44-308.28
Total Borrowing343.96164.02623.16
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended30 Jun 202431 Mar 202431 Mar 202331 Mar 2022
Assets142.00129.9386.6165.19
Total Income118.82338.58309.29235.40
Profit After Tax6.3424.1922.988.79
NET Worth85.4377.2649.7426.82
Reserves and Surplus55.1047.1449.0926.17
Total Borrowing31.8133.6023.6525.71
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)70.3798.74
Promoter Shareholding (Post-Issue)60.23
P/E Ratio
Market Cap₹4977.12 Cr.
ROE-2.19%31.42%
ROCE34.21%28.55%
Debt/Equity-110.580.43
EPS₹-7.65
RoNW31.42%

Shares Offered

In the Indiqube Spaces IPO Retail Individual Investors (RII) are offered 29,47,257 shares while in Jajoo Rashmi Refractories IPO retail investors are offered 29,47,257 shares. Qualified Institutional Buyers (QIB) are offered 88,41,773 shares in Indiqube Spaces IPO and in Jajoo Rashmi Refractories IPO.

 Indiqube Spaces IPOJajoo Rashmi Refractories IPO
Anchor Investor Reservation1,32,62,658 shares
Market Maker Reservation0 shares
QIB88,41,773 shares
NII44,20,885 shares
RII29,47,257 shares
Employee69,767 shares
Others
Total2,95,42,340 shares

Bids Received (Subscription)

Indiqube Spaces IPO subscribed 13.00x in total, whereas Jajoo Rashmi Refractories IPO subscribed .

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Indiqube Spaces IPO Vs Jajoo Rashmi Refractories IPO