Smartworks Coworking Spaces Ltd IPO – Dates, Price Band & Lot Size
The Smartworks Coworking Spaces Ltd IPO will be live from 10 Jul'25 to 14 Jul'25 with an issue size of ₹582.56 crores. The IPO is priced in the band of ₹0.00–₹407.00 per share with a minimum lot size of 36.00 shares. Stay updated with IPO dates, allotment status, and listing details.
Min Investment ₹14652.00
Subscribed Times 13.45x
Issues size ₹583 Crores
Price Range ₹0.00 - ₹407.00
Open on 10 Jul'25
Close on 14 Jul'25
Smartworks Coworking Spaces Ltd IPO Details
Lot Size 36.00
Issue size ₹583 Crores
Issue Type Book Building
Smartworks Coworking Spaces Ltd Shares Offered
Qualified Inst. Buyers 27.92
Non Inst. Buyers 21.32
Retails Ind. Buyers 49.74
Smartworks Coworking Spaces Ltd Subscription Status
(as of 13 Feb 2026) Overall Status 13.45x
Qualified Inst. Buyers 24.41x
Non Inst. Buyers 22.78x
Retails Ind. Buyers 3.53x
Smartworks Coworking Spaces Ltd IPO Timeline
10 Jul'25 Issue Open
14 Jul'25 Issue Close
15 Jul'25 Finalization of Basis of Allotment
16 Jul'25 Initiation of refund
16 Jul'25 Transfer of shares to Demat Account
17 Jul'25 Listing Date
Smartworks Coworking Spaces Ltd Objects of the offer
We intend to capitalise our market leadership, learnings, and expertise to further scale our core business
Enhance capital efficiency through variable rental business model and managed contracts.
Scale up our new revenue streams, which are margin-accretive.
Continue to build proprietary technology to improve operational efficiency and create opportunities formonetisation.
To become a sustainable company.
Smartworks Coworking Spaces Ltd Company's Financials
Assets(cr) Mar 2025 4152.81 Mar 2024 3758.41 Mar 2023 4164.92
Gross Profit(cr) Mar 2025 556.54 Mar 2024 405.10 Mar 2023 220.02
Liabilities(cr) Mar 2025 4044.93 Mar 2024 3728.22 Mar 2023 4152.05
Net Income(cr) Mar 2025 -63.18 Mar 2024 -49.96 Mar 2023 -101.05
Revenue(cr) Mar 2025 1374.06 Mar 2024 1039.36 Mar 2023 711.39
Smartworks Coworking Spaces Ltd Peer Comparison
Script Name Smartworks Coworking Spaces Limited Revenue(cr) 1374.06 Net Profit(cr) -63.18 EPS -6.12 Current Ratio 0.79
Script Name Awfis Space Solutions Limited Revenue(cr) 1207.54 Net Profit(cr) 67.87 EPS 9.67 Current Ratio 2.70
Smartworks Coworking Spaces Ltd IPO
Smartworks Coworking Spaces Ltd Company Contact Info
Unit #.305-310 Plot No 9/10/11,
Vardhaman Trade Centre Nehru P,
New Delhi-110019
Phone : +91 83840 62876
Smartworks Coworking Spaces Ltd Registrar & Transfer Agent
MUFG Intime India Pvt Ltd
C-101 247 Park,
L B S Marg-Mumbai-400083
Phone : 91-22-49186000
Fax : 91-22-49186060
Smartworks Coworking Spaces Ltd Book Running Managers
Offer Related Information
Initial public offering of 14,321,474 equity shares of face value of Rs. 10 each (Equity Shares) of Smartworks Coworking Spaces Limited (Company) for cash at a price of Rs. 407 per equity share (including a premium of Rs. 397 per equity share) (Offer Price) aggregating to Rs. 582.56 crores^ (the Offer) comprising a fresh issue of 10,941,734 equity shares of face value of Rs. 10 each aggregating to Rs. 445.00 crores (the Fresh Issue) and an offer for sale of 3,379,740 equity shares of face value of Rs. 10 each aggregating to Rs. 137.56 crores (the Offer for Sale), consisting of an offer for sale of 490,000 equity shares of face value of Rs. 10 each aggregating to Rs. 19.94 crores by NS Niketan llp, 310,000 equity shares of face value of Rs. 10 each aggregating to Rs. 12.62 crores by SNS Infrarealty LLP and 2,579,740 equity shares of face value of Rs. 10 each aggregating to Rs. 105.00 crores by Space Solutions India Pte. Ltd. (formerly Lisbrine Pte Limited) (collectively, the Selling Shareholders and such equity shares, the Offered Shares).The offer included a reservation of 101,351 equity shares aggregating up to Rs. 3.75 crores^, for subscription by eligible employees (as defined hereinafter) (the Employee Reservation Portion). Pursuant to finalization of basis of allotment 88,812 equity shares were allotted to under the employee reservation portion. The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constituted 12.55% and 12.47% of its post offer paid-up equity share capital, respectively. The company, in consultation with the book running lead managers, offered a discount of up to 9.09% (equivalent of Rs.37 per equity share) to the offer price to eligible employees bidding under the employee reservation portion (Employee Discount).^ A discount of Rs.37 per equity share was offered to eligible employees bidding in the employee reservation portion.
Smartworks Coworking Spaces Ltd IPO FAQs
What is the issue size of Smartworks Coworking Spaces Ltd IPO?
The issue size of Smartworks Coworking Spaces Ltd IPO is ₹ 583 crore.
What is 'pre-apply' for Smartworks Coworking Spaces Ltd IPO?
'Pre-apply' lets you place your IPO application before the official opening date.
If I pre-apply for Smartworks Coworking Spaces Ltd IPO, when will my order get placed?
Your order will be placed automatically once the IPO opens for subscription.
When will I know if my Smartworks Coworking Spaces Ltd IPO order is placed?
You'll get a confirmation via SMS/email once your IPO order is successfully placed.
What are the open and close dates of the Smartworks Coworking Spaces Ltd IPO?
The IPO opens on 10 Jul and closes on 14 Jul.
What is the lot size and minimum order quantity of the Smartworks Coworking Spaces Ltd IPO?
The minimum order is 1 lot, which consists of 36.00 shares.
What is the allotment date for the Smartworks Coworking Spaces Ltd IPO?
The allotment is expected on 15 Jul.
Who is the registrar of the Smartworks Coworking Spaces Ltd IPO?
MUFG Intime India Pvt Ltd is the registrar for this IPO.
Where is the Smartworks Coworking Spaces Ltd IPO getting listed?
It will be listed on BSE,NSE.