Awfis Space Solutions Limited IPO
Awfis Space Solutions Limited IPO is listed on BSE and NSE, priced at ₹364–₹383 per share. The stock debuted at ₹435, delivering a listing gain of 13.6%. The IPO had a lot size of ₹39 shares and a minimum investment of ₹14,937.
Awfis Space Solutions Limited IPO
- IPO Dates
- May 22, 2024 – May 27, 2024
- Price band
- ₹364-383 per equity share
- Minimum Investment
- ₹14,937
- Issue size
- ₹598.93 Cr
- Lot size
- 39
- Allotment Date
- May 28, 2024
- Listing
- May 30, 2024
- Listing At
- BSE, NSE
IPO timeline
-
May 22, 2024
Open Date
Completed
-
May 27, 2024
Close Date
Completed
-
May 28, 2024
Allotment Date
Completed
-
May 30, 2024
Listing Date
Completed
Price Summary
- Last closing
- 324.70 (-15.22%)
- 52 week high
- 718.95
- 52 week low
- 229.05
- Last update
Awfis Space Solutions Limited IPO Essentials
Awfis Space Solutions Limited IPO Details
Awfis Space Solutions Limited IPO is priced at ₹364-383 per share with a total issue size of 598.93 crore. The IPO has a lot size of 39 shares and is listed on BSE and NSE.
- Issue price
- ₹364-383 per equity share
- Lot size
- 39 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total ₹598.93 Cr :
#Fresh Issue : 3,342,037 shares(aggregating up to ₹128.00 Cr) +
#OFS : 12,295,699 shares of ₹10(aggregating up to ₹470.93 Cr) - Total issue size
- 1,56,37,736 shares
(aggregating up to ₹598.93 crore) - Fresh issue
- 33,42,037 shares
(aggregating up to ₹128 crore) - Offer for sale (OFS)
- 1,22,95,699 shares
(aggregating up to ₹470.93 crore) - Listing at
- BSE, NSE
- List price
- 435.0(NSE)
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
ICICI Securities Limited, Axis Capital Limited, Iifl Securities Ltd, Emkay Global Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 39 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 39 | ₹14,937 |
| Retail(max) | 13 | 507 | ₹1,94,181 |
Awfis Space Solutions Limited IPO Reservation
Awfis Space Solutions Limited IPO reservation details show category-wise allocation of shares. Out of the total 15,643,153 shares, approximately 29.89% are reserved for QIB, 14.94% for NII, 9.96% for retail investors, 0.37% for employees, and 44.83% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 7,013,483 (44.83%) | |
| QIB Shares Offered | 4,675,656 (29.89%) | |
| NII (HNI) Shares Offered | 2,337,827 (14.94%) | |
| bHNI > ₹10L | 1,558,552 (9.96%) | 2,854 |
| sHNI < ₹10L | 779,275 (4.98%) | 1,427 |
| Retail Shares Offered | 1,558,551 (9.96%) | 39,962 |
| Employee Shares Offered | 57,636 (0.37%) | |
| Total Shares Offered | 15,643,153 (100%) |
Awfis Space Solutions Limited IPO Analytics
Awfis Space Solutions Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Awfis Space Solutions Limited IPO Subscription Status
Awfis Space Solutions Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,675,656 |
2,337,827
1,558,552
779,275
|
1,558,551 | 8,629,670 |
|
Day 1
22-05-24 05:00 PM
|
0.30 x |
2.76x
2.40x
3.49x
|
6.04 x | 2.03 x |
|
Day 2
23-05-24 05:00 PM
|
0.32 x |
6.82x
5.22x
10.01x
|
12.27 x | 4.28 x |
|
Day 3
24-05-24 05:00 PM
|
3.39 x |
20.85x
18.35x
25.84x
|
21.00 x | 11.35 x |
|
Day 4
27-05-24 05:00 PM
|
116.95 x |
129.23x
138.15x
111.41x
|
52.92 x | 108.10 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 20,61,958 (Approx) | —x | —x | 46.32x |
Awfis Space Solutions Limited Valuations
Returns
- ROCE
- 37.43%
- RoNW
- -7.66%
Fundamentals
- Debt / Equity
- 0.10
- Price / Book
- 9.63
Awfis Space Solutions Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 930.61 | 559.69 | 508.58 |
| Revenue | 565.79 | 278.72 | 216.02 |
| Profit After Tax | -46.64 | -57.16 | -42.64 |
| Net Worth | 169.36 | 94.72 | 150.75 |
| Reserves & Surplus | -204.30 | -223.37 | -167.12 |
| Total Borrowing | 10.92 | 12.11 | 2.97 |
Awfis Space Solutions Limited Company & Offer Insights
About Awfis Space Solutions Limited
Awfis Space Solutions Limited is a workspace solution provider in India.
The company offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations.
The company's core solution is co-working, including flexible workspaces, custom office spaces, and mobility solutions. Awfis Space Solutions Limited also provide supporting services such as food and beverages, IT support, infrastructure services, and event hosting.
As of December 31, 2023, the company operates 169 centers across 16 cities in India, with a total of 105,258 seats and a chargeable area of 5.33 million sq. ft. Additionally, 31 centers with 25,312 seats are currently under fit-out, with a chargeable area totaling 1.23 million sq. ft.
The company has expanded its business offerings and now provides in-house fit-out and facility management services at its centers.
As of December 31, 2023, 81.66% of the company's centers are commercial assets, and 18.34% are alternate assets.
As of December 31, 2023, the company has a team of over 100 employees with a background in hospitality servicing the needs of every client.
The company has a team of 63 designers and project managers to enhance the industry experience.
Awfis Space Solutions Limited Promoter(s)
Amit Ramani are the company's promoters of Awfis Space Solutions Limited.
Awfis Space Solutions Limited IPO Issue Objectives
- •
- Funding capital expenditure towards the establishment of new centres
- •
- Funding our working capital requirements
- •
- General corporate purposes
Awfis Space Solutions Limited IPO - Anchor Investors
Institutional investors buy shares worth Rs 269 cr via anchor book.
Ashoka Whiteoak ICAV, HDFC Mutual Fund, ICICI Prudential Mutual Fund, Nippon Life India, Axis Mutual Fund, UTI Mutual Fund, Canara Robeco Mutual Fund, Quant Mutual Fund, Invesco India, Motilal Oswal MF, Edelweiss and Bandhan Mutual Fund invested in the company under the institutional investors category.
Global investors like Goldman Sachs Funds, East Bridge Capital Master Fund, Eastspring Investments, and HSBC Global Investment Funds also participated in the anchor book of Awfis.
Awfis Space Solutions Limited IPO - Strengths and Risks
Awfis Space Solutions Limited IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Awfis Space Solutions Limited
+91 1141061878
C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi-110016
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
Awfis Space Solutions Limited IPO is a book-built IPO worth ₹598.93 crore. The price band is ₹364–₹383 per share. The IPO opens on May 22, 2024 and closes on May 27, 2024. It will be listed on BSE and NSE. Bigshare Services Pvt Ltd is the registrar.
The price band of Awfis Space Solutions Limited IPO is ₹364 to ₹383 per share.
The lot size of Awfis Space Solutions Limited IPO is 39 shares.
The minimum investment for Awfis Space Solutions Limited IPO is approximately ₹14,937 based on the upper price band .
Awfis Space Solutions Limited IPO opens on May 22, 2024 and closes on May 27, 2024.
The allotment date of Awfis Space Solutions Limited IPO is May 28, 2024.
Awfis Space Solutions Limited IPO is expected to be listed on May 30, 2024, on BSE and NSE .
Awfis Space Solutions Limited IPO listed on May 30, 2024. It was issued at ₹435.0(NSE) and is currently around ₹324.70 as on 14-May-2026 3:30 PM, which is approximately -15.2% versus issue price. The 52-week high is ₹718.95.
Based on listing and post-listing performance, Awfis Space Solutions Limited IPO delivered around -15.2% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Awfis Space Solutions Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Awfis Space Solutions Limited IPO valuation snapshot: P/E N/A, EPS ₹/-, P/B 9.63, RoNW -7.66%, and market cap N/A.
To apply for Awfis Space Solutions Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Awfis Space Solutions Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Awfis Space Solutions Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Awfis Space Solutions Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Awfis Space Solutions Limited IPO allotment status on IPO Ji for quick and easy access.