Smartworks Coworking Spaces Limited IPO
MainboardOffer Date: Jul 10, 2025 - Jul 14, 2025
₹ NaN /N/A Shares
10 Jul, 2025
Open Date14 Jul, 2025
Close Date15 Jul, 2025
Allotment Date17 Jul, 2025
Listing DateIssue Price
₹N/A per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
MUFG Intime India Private Limited (Link Intime)Market Lot
N/A Shares (₹N/A/-)Lead Manager
Jm Financial LimitedBob Capital Markets Limited
IIFL Capital Services Limited
Kotak Mahindra Capital Company Limited
Issue Size
N/ARetail Portion
35%Subscription
N/A timesSmartworks Coworking Spaces IPO Details
The IPO of Smartworks Coworking Spaces is priced at ₹N/A 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.
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 Smartworks Coworking Spaces IPO sets its price band at N/A for each share. A single application for Smartworks Coworking Spaces Limited IPO must contain at least N/A shares.
Smartworks Coworking Spaces Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-P/E Pre IPO
P/E Post IPO
ROE
%ROCE
%Debt/Equity
RoNW
%PAT Margin
Price to Book Value
Smartworks Coworking Spaces Company Financials All values are in ₹ Cr.
| 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 |
About The Company
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)
Pre Issue Share Holding: N/A%
Post Issue Share Holding: N/A%
- Neetish Sarda
- Harsh Binani
- Saumya Binani
- NS Niketan LLP
- SNS Infrareality LLP
- Aryadeep Realstates Private Limited
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.
Other Details
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
Smartworks Coworking Spaces IPO - FAQs
Ans. Smartworks Coworking Spaces Limited IPO is a Mainboard IPO. The issue is priced at ₹N/A per equity share. The minimum order quantity is N/A 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 N/A.
Ans. The IPO price band is set between ₹N/A per equity share.
Ans. To apply for Smartworks Coworking Spaces Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Smartworks Coworking Spaces Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
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.
