IndiQube Spaces has filed for an IPO to raise Rs 850 crore. This includes a fresh equity sale of Rs 750 crore and an offer for sale of Rs 100 crore. The proceeds will fund new centers, repay debt, and other corporate needs. IndiQube manages 103 centers across 13 cities. ICICI Securities and JM Financial are the lead managers.
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal