
Offer Date | Jul 10 - Jul 14, 2025 |
Offer Price | ₹ 387-407 |
Lot Size | 36 |
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Offer Date: Jul 10, 2025 - Jul 14, 2025
Exp. Premium: 19-20 (4.67%)
₹ 14652 /36 Shares
Apply*Expected Premium provided in this app is derived from market rumors. It is not a guaranteed indicator of the actual listing price and should be interpreted with caution.
10 Jul, 2025
Open Date14 Jul, 2025
Close Date15 Jul, 2025
Allotment Date17 Jul, 2025
Listing DateIssue Price
₹387-407 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Market Lot
Retail : 36 Shares (₹14,652/-)Lead Manager
Jm Financial LimitedIssue Size
Total 582.56 Cr :Retail Portion
35% (Number of Retail Applications: 1,38,262 Approx),Subscription
1.15 times
Smartworks Coworking Spaces IPO is a book-built issue of ₹582.56 crores, The total issue size is ₹582.56 crores. The IPO of Smartworks Coworking Spaces is priced at ₹387-407 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Jul 10, 2025 and ends on Jul 14, 2025. The allotment for Smartworks Coworking Spaces IPO will be finalized on Jul 15, 2025. Smartworks Coworking Spaces IPO will be listed on BSE, NSE, with a tentative listing date fixed as Jul 17, 2025. The company shall list its equity shares on the BSE, NSE. MUFG Intime India Private Limited (Link Intime) is the registrar of the issue.
Retail investors can bid for a minimum of 36 shares, extendable to 14,652. S-HNIs will be able to bid for 504 shares at ₹2,05,128, while B-HNIs can also apply for a bid of 2,484 shares at ₹10,10,988. The book-running lead manager for the IPO is/are Jm Financial Limited , Bob Capital Markets Limited , IIFL Capital Services Limited , Kotak Mahindra Capital Company Limited .
The total issue ₹582.56 crore, comprising a fresh issue of 1,09,33,660 shares ₹445 crore and an Offer for Sale (OFS) of 33,79,740 shares to mop up ₹147.56 crore.
The Smartworks Coworking Spaces IPO sets its price band at 387-407 for each share. A single application for Smartworks Coworking Spaces Limited IPO must contain at least 36 shares. Sentiment investors need to invest a minimum of 36 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,652 In order to participate in the sNII, investors must purchase at least 14 lots of 504 shares for ₹2,05,128, while the bNII requires 69 lots of 2,484 shares for an investment of ₹10,10,988.
As on | QIB | NII bNII sNII | 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 | 1.00 1.19 x 0.62 x | 0.57 x | 0.50 x |
Day 2 - 11-07-25 05:00 PM | 0.63 x | 1.79 1.94 x 1.49 x | 1.18 x | 1.15 x |
EPS Pre IPO
-₹6.12/-EPS Post IPO
-₹5.54/-P/E Pre IPO
P/E Post IPO
ROE
%ROCE
42.30%Debt/Equity
2.90RoNW
-58.76%PAT Margin
Price to Book Value
38.5831-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 |
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 managed 8.99 million sq. ft. across 50 centres in India
Revenue grew at a CAGR of 38.98% between FY2023 and FY2025.
Committed occupancy rate reached 89.03% as of June 30, 2025.
Serves large enterprise clients with deals up to 6,300 seats.
75.19% of rental revenue comes from just four key cities.
Heavy dependence on large clients needing 300+ seats increases risk.
Failure to find right properties may hurt growth and profits.
Past losses and negative cash flows may continue in future.
Pre Issue Share Holding: 65.19%
Post Issue Share Holding: 58.25%
Smartworks Coworking Spaces
Unit No. 305-310,Plot No 9, 10 and 11, Vardhman Trade Centre, Nehru Place, South Delhi, Delhi, New Delhi, 110019Phone: +91 83840 62876
Email: companysecretary@sworks.co.in
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: smartwork.ipo@linkintime.co.in
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Ans. Smartworks Coworking Spaces Limited IPO is a Mainboard IPO. The issue is priced at ₹387-407 per equity share. The minimum order quantity is 36 Shares. The IPO opens on Jul 10, 2025, and closes on Jul 14, 2025. MUFG Intime India Private Limited (Link Intime) is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Smartworks Coworking Spaces Limited IPO opens on Jul 10, 2025 and closes on Jul 14, 2025.
Ans. The size of Smartworks Coworking Spaces Limited IPO is 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).
Ans. The IPO price band is set between ₹387-407 per equity share.
Ans. To apply for Smartworks Coworking Spaces Limited IPO IPO, follow the steps given below:
Ans. The share allotment date of Smartworks Coworking Spaces Limited IPO is Jul 15, 2025.
Ans. The Smartworks Coworking Spaces Limited IPO will be listed on Jul 17, 2025.
Ans. Follow the steps to check the allotment status for Smartworks Coworking Spaces Limited IPO here.
Offer Date | Jul 10 - Jul 14, 2025 |
Offer Price | ₹ 387-407 |
Lot Size | 36 |
Please login to Apply IPO