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IndiQube files DRHP to raise ₹850 crore

  • IndiQube has filed its Draft Red Herring Prospectus (DRHP) to raise ₹850 crore.
  • The company plans to utilize the funds for establishing new centers, repayment of borrowings, and general corporate purposes.
  • In FY24, IndiQube reported a total income of ₹867.6 crore and EBITDA of ₹263.4 crore.
  • IndiQube manages 103 centers in 13 cities, covering 7.76 million square feet with a seating capacity of 172,451.

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