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Indiqube Spaces IPO opens on July 23; GMP hints at 13% premium
Indiqube Spaces IPO opens on July 23; GMP hints at 13% premium

Time of India

time11 hours ago

  • Business
  • Time of India

Indiqube Spaces IPO opens on July 23; GMP hints at 13% premium

Workspace solutions provider Indiqube Spaces is set to open its initial public offering (IPO) for subscription on Wednesday, July 23. Ahead of the launch, the company's shares are trading at a grey market premium (GMP) of Rs 31–32, indicating a potential listing gain of around 13% over the upper price band of Rs 237. While the GMP reflects investor interest, market watchers caution that it remains speculative and can fluctuate significantly before listing. Explore courses from Top Institutes in Select a Course Category CXO Data Science Data Analytics Management Others MBA Project Management Design Thinking Public Policy Product Management MCA Technology Digital Marketing Finance healthcare Operations Management Healthcare Data Science Artificial Intelligence Leadership Degree Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Customer-Centricity & Brand Strategy Product Marketing, Distribution, & Analytics Digital Strategies & Innovation Skills Leadership Insights & AI Integration Expertise Duration: 10 Months IIM Kozhikode IIMK Chief Marketing and Growth Officer Starts on Apr 7, 2024 Get Details Skills you'll gain: Digital Strategy Development Expertise Emerging Technologies & Digital Trends Data-driven Decision Making Leadership in the Digital Age Duration: 40 Weeks Indian School of Business ISB Chief Digital Officer Starts on Jun 30, 2024 Get Details Skills you'll gain: Technology Strategy & Innovation Emerging Technologies & Digital Transformation Leadership in Technology Management Cybersecurity & Risk Management Duration: 24 Weeks Indian School of Business ISB Chief Technology Officer Starts on Jun 28, 2024 Get Details IPO Details The IPO will open for subscription on July 23 and close on July 25. The price band is fixed at Rs 225–237 per share, with investors able to apply in lots of 63 shares. The Rs 700 crore issue comprises a fresh issue of Rs 650 crore and an offer for sale (OFS) worth Rs 50 crore. Live Events Indiqube Spaces has reserved 88,41,773 shares (29.94%) for Qualified Institutional Buyers (QIBs), 44,20,885 shares (14.97%) for Non-Institutional Investors (NIIs), and 29,47,257 shares (9.98%) for retail investors. An additional 63,291 shares have been allocated for employees. ICICI Securities is the lead manager for the IPO, while MUFG Intime India (formerly Link Intime) is the issue registrar. Use of Proceeds The company plans to use Rs 462.65 crore from the IPO proceeds to set up new centres. About Rs 93 crore will go toward partial or full repayment of borrowings, while the remaining amount will be used for general corporate purposes. About the Company Founded in 2015, Indiqube Spaces (formerly Innovent Spaces Pvt. Ltd.) provides modern, sustainable workspace solutions. It began operations in Uttar Pradesh before relocating its base to Bengaluru in 2018. For FY25, the company reported revenue of Rs 1,102.93 crore, up 27% from Rs 867.66 crore in FY24. Net loss narrowed sharply to Rs 139.62 crore in FY25, compared to Rs 341.51 crore in the previous fiscal year. ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times) ETMarkets WhatsApp channel )

Cyndi Lauper on how her iconic hairstyles reflected her life's defining moments

time17 hours ago

  • Entertainment

Cyndi Lauper on how her iconic hairstyles reflected her life's defining moments

Cyndi Lauper's bold, ever-changing hairstyles have always been more than just a fashion statement -- they were acts of rebellion. In an interview with "Good Morning America" Digital, Lauper revealed that her half-shaved head in the "Time After Time" music video symbolized defiance at a time when women were "haunted by the image of their mother in a life of drudgery." "Cutting my hair in that way would also be a rebellious act, one culture fighting to move away from a more oppressive culture for women," she said. Lauper said she surprised Dave Wolff -- her longtime boyfriend in the '80s and former manager -- with her haircut, revealing her new red style for the first time while the cameras were rolling in the video because she wanted his reaction to be "natural." "The hair symbolized a counterculture and rebellion, and that was significantly important to me," she said. "If you're going to color your hair, you might as well ... color it a color." Lauper also reflected on a deeply personal moment in the video: The tears she shed onscreen were real. She said it was the moment she realized she had made it as a rock star, recalling how she had once faced homelessness and was voted "most likely to die" by her peers in school. "I was either going to expire or be this artist, and I wound up being this artist," she recalled. "That's why I was crying, because I couldn't believe life had given me that gift." Nearly 40 years later, the video has amassed more than 500 million views on YouTube, proof of its lasting cultural impact. "It became a classic because I think I spoke to people," Lauper said. Lauper added that the video's message still resonates, because women today can relate to the feeling of not wanting to fit in. "From the clothing to the hair to the makeup, it symbolized one culture fighting to move away from a more oppressive culture for women," she said. Lauper told "GMA" her hair has been an outlet for her creativity over the years and a way to encourage women. Below, she described the inspiration behind some of her most memorable styles. Photo shoot, 1983 "Red hair, I just liked the way it felt," she said. "And it wasn't just regular red, it was a crazy color. I think at that point I was using fire-engine red, and sometimes it was brighter than others." American Music Awards, 1985 "For the 'Money Changes Everything' music video, that was the color. Everything was black and white except for my hair, and that was painted," she said. Performing in Chicago, 1999 "A friend of mine had done her hair in dreads, and I said, 'How do you do that?' Because it looked like once you could do it, you didn't have to mess with it," Lauper recalled. She continued, "I had done my hair blue, which I liked at the time, and it was after I had my kid, and I just did my own dreads, and I was doing my own hair on tour … it looked good." Melbourne concert, 2023 "I like mohawks, and, yeah, purple is good," Lauper said. "A lot of times, you know, if it's spring, I get it. Inspired by the flowers, you know, and tulips." Lauper has seen tremendous success over her decadeslong career, earning two Grammy Awards, a Primetime Emmy Award, a Tony Award for co-writing "Kinky Boots," four Billboard Music Awards, two American Music Awards, and a star on the Hollywood Walk of Fame. Her debut album from 1983, "She's So Unusual," made history as the first by a woman to score four top-five hit singles, including the iconic "Girls Just Want to Have Fun" and "Time After Time." She is set to be inducted into the Rock & Roll Hall of Fame in November. Lauper is currently on the last leg of her yearlong Girls Just Wanna Have Fun Farewell Tour, with 21 shows left in North America this summer.

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