Smartworks Coworking Spaces IPO
Smartworks Coworking Spaces IPO is listed on BSE and NSE, priced at ₹387–₹407 per share. The stock debuted at ₹435, delivering a listing gain of 6.9%. The IPO had a lot size of ₹36 shares and a minimum investment of ₹14,652.
Smartworks Coworking Spaces Limited IPO
- IPO Dates
- Jul 10, 2025 – Jul 14, 2025
- Price band
- ₹387-407 per equity share
- Minimum Investment
- ₹14,652
- Issue size
- ₹582.56 Cr
- Lot size
- 36
- Allotment Date
- Jul 15, 2025
- Listing
- Jul 17, 2025
- Listing At
- BSE, NSE
IPO timeline
-
Jul 10, 2025
Open Date
Completed
-
Jul 14, 2025
Close Date
Completed
-
Jul 15, 2025
Allotment Date
Completed
-
Jul 17, 2025
Listing Date
Completed
Price Summary
- Last closing
- 449.00 (10.32%)
- 52 week high
- 619.00
- 52 week low
- 361.50
- Last update
Smartworks Coworking Spaces IPO Essentials
Smartworks Coworking Spaces IPO Details
Smartworks Coworking Spaces IPO is priced at ₹387-407 per share with a total issue size of 582.56 crore. The IPO has a lot size of 36 shares and is listed on BSE and NSE.
- Issue price
- ₹387-407 per equity share
- Lot size
- 36 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- Total 582.56 Cr :
#Fresh Issue : 1,09,33,660 shares(aggregating up to ₹445.00 Cr) +
#OFS : 33,79,740 shares of ₹10(aggregating up to ₹137.56 Cr) - Total issue size
- 1,43,13,400 shares
(aggregating up to ₹582.56 crore) - Fresh issue
- 1,09,33,660 shares
(aggregating up to ₹445 crore) - Offer for sale (OFS)
- 33,79,740 shares
(aggregating up to ₹147.56 crore) - Listing at
- BSE, NSE
- List price
- 435.0(NSE)
- Listing date
- Registrar
- MUFG Intime India Private Limited (Link Intime)
- Lead manager
-
Jm Financial Limited, Bob Capital Markets Limited, IIFL Capital Services Limited, Kotak Mahindra Capital Company Limited
Market Lot Size
Investors can bid for a minimum of 36 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 | 36 | ₹14,652 |
| Retail(max) | 13 | 468 | ₹1,90,476 |
| sHNI(min) | 14 | 504 | ₹2,05,128 |
| sHNI(max) | 68 | 2,448 | ₹9,96,336 |
| sHNI(min) | 69 | 2,484 | ₹10,10,988 |
Smartworks Coworking Spaces IPO Reservation
Smartworks Coworking Spaces IPO reservation details show category-wise allocation of shares. Out of the total NA shares, approximately 0% are reserved for QIB, 0% for NII, 0% for retail investors, and 0% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| QIB Shares Offered | NA (NA%) | |
| NII (HNI) Shares Offered | NA (NA%) | |
| bHNI > ₹10L | NA (NA%) | |
| sHNI < ₹10L | NA (NA%) | |
| Retail Shares Offered | NA (NA%) | |
| Total Shares Offered | NA (NA%) |
Smartworks Coworking Spaces IPO Analytics
Smartworks Coworking Spaces IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Smartworks Coworking Spaces IPO Subscription Status
Smartworks Coworking Spaces 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 | 71,10,632 |
21,33,190
14,22,126
7,11,063
|
49,77,442 | 1,00,56,237 |
|
Day 1
10-07-25 05:00 PM
|
0.00 x |
1.00x
1.19x
0.62x
|
0.57 x | 0.50 x |
|
Day 2
11-07-25 05:00 PM
|
0.63 x |
1.79x
1.94x
1.49x
|
1.18 x | 1.15 x |
|
Day 3
14-07-25 05:00 PM
|
24.41 x |
22.78x
27.14x
14.06x
|
3.53 x | 13.45 x |
|
Total No. of Applications
|
bHNI | sHNI | Retail |
|---|---|---|---|
| 4,52,615 (Approx) | 5.4x | 14x | 3.02x |
Smartworks Coworking Spaces Valuations
Earnings
- EPS Pre IPO
- -₹6.12/-
- EPS Post IPO
- -₹5.54/-
Returns
- ROCE
- 42.30%
- RoNW
- -58.76%
Fundamentals
- Debt / Equity
- 2.90
- Price / Book
- 38.58
Smartworks Coworking Spaces Financials( In Crs.)
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| Assets | 4,650.85 | 4,147.08 | 4,473.5 |
| Revenue | 1,409.67 | 1,113.11 | 744.07 |
| Profit After Tax | -63.18 | -49.96 | -101.02 |
| Net Worth | 107.51 | 50.01 | 31.47 |
| Reserves & Surplus | 4.69 | 29.01 | -46.23 |
| Total Borrowing | 397.77 | 427.35 | 515.39 |
Smartworks Coworking Spaces Company & Offer Insights
About Smartworks Coworking Spaces
Incorporated in 2015, Smartworks Coworking Spaces Limited is involved in the activity of bespoke managed workspace solutions, providing fully serviced, technology-enabled office spaces with design-driven aesthetics and core amenities to suit the particular requirements of businesses and their teams.
As of March 31, 2024, the company manages 8 million square feet of leased area, providing value-based pricing and premium office experiences, reimagining buildings as fully serviced Smartworks branded campuses.The company caters to mid-to-large companies, such as Indian corporates, MNCs, and startups, providing contemporary campuses with design, technology, and facilities such as cafeterias, gyms, crèches, and medical centers to enhance the well-being of employees.
As of March 31, 2024, the company had 603 customers with 130,047 seats. Presently, it has 618 customers and 149,660 seats, with 8,691 seats to be filled.Through March 31, 2024, the company owns four of India's five largest leased centers, including the 0.7 million square feet Vaishnavi Tech Park in Bengaluru, which is larger than other campuses.
As of March 31, 2024, we have 651 permanent staff.
Smartworks Coworking Spaces Promoter(s)
Neetish Sarda, Harsh Binani, Saumya Binani, NS Niketan LLP, SNS Infrareality LLP, Aryadeep Realstates Private Limited are the company's promoters of Smartworks Coworking Spaces.
Smartworks Coworking Spaces IPO Issue Objectives
- •
- Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed by the Company.
- •
- Capital expenditure for fit-outs in the New Centres and for security deposits of the New Centres (Capex)
- •
- General corporate purposes.
Smartworks Coworking Spaces IPO - Anchor Investors
Anchor investors invested Rs 174 crore worth shares.
Tata Mutual Fund, Axis New Opportunities AIF, Aditya Birla Sun Life Insurance Company, Baroda BNP Paribas Mutual Fund, Sageone, SBI General Insurance Company, Trust Mutual Fund, BNP Paribas, and Societe Generale are among 12 institutional investors participated through the anchor book.
Smartworks Coworking Spaces IPO - Strengths and Risks
Smartworks Coworking Spaces IPO strengths and risks highlight key business factors, financial position, and market sentiment that may impact investor interest.
Strengths
Risks
Contact Information
Contact Details
Smartworks Coworking Spaces
+91 83840 62876
https://www.smartworksoffice.com/home/
Unit No. 305-310,Plot No 9, 10 and 11, Vardhman Trade Centre, Nehru Place, South Delhi, Delhi, New Delhi, 110019
Registrar Contact Details
Frequently Asked Questions
Click any question to reveal the answer
Smartworks Coworking Spaces IPO is a book-built IPO worth ₹582.56 crore. The price band is ₹387–₹407 per share. The IPO opens on Jul 10, 2025 and closes on Jul 14, 2025. It will be listed on BSE and NSE. MUFG Intime India Private Limited (Link Intime) is the registrar.
The price band of Smartworks Coworking Spaces IPO is ₹387 to ₹407 per share.
The lot size of Smartworks Coworking Spaces IPO is 36 shares.
The minimum investment for Smartworks Coworking Spaces IPO is approximately ₹14,652 based on the upper price band .
Smartworks Coworking Spaces IPO opens on Jul 10, 2025 and closes on Jul 14, 2025.
The allotment date of Smartworks Coworking Spaces IPO is Jul 15, 2025.
Smartworks Coworking Spaces IPO is expected to be listed on Jul 17, 2025, on BSE and NSE .
Smartworks Coworking Spaces IPO listed on Jul 17, 2025. It was issued at ₹435.0(NSE) and is currently around ₹449.00 as on 27-May-2026 3:30 PM, which is approximately 10.3% versus issue price. The 52-week high is ₹619.00.
Based on listing and post-listing performance, Smartworks Coworking Spaces IPO delivered around 10.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Smartworks Coworking Spaces 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.
Smartworks Coworking Spaces IPO valuation snapshot: P/E N/A, EPS -₹5.54/-, P/B 38.58, RoNW -58.76%, and market cap N/A.
To apply for Smartworks Coworking Spaces 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 Smartworks Coworking Spaces 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 Smartworks Coworking Spaces IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Smartworks Coworking Spaces IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Smartworks Coworking Spaces IPO allotment status on IPO Ji for quick and easy access.