Smartworks Coworking Spaces IPO is being marketed with a book building of ₹582.56 crore. The issue is a combination of an offer for sale of 1.09 crore fresh shares aggregating to ₹445.00 crore and an offer for sale of 0.34 crore shares aggregating to ₹137.56 crore.
The Smartworks Coworking Spaces IPO will open for subscription on July 10, 2025 and will close on July 14, 2025. The allotment for the Smartworks Coworking Spaces IPO is expected to be finalized on Tuesday, July 15, 2025. The Smartworks Coworking Spaces IPO will be listed on BSE and NSE with an expected listing date of Thursday, July 17, 2025.
The price band for Smartworks Coworking Spaces IPO has been fixed at ₹387 to ₹407 per share. The lot size for application is 36. The minimum investment amount required for a retailer is ₹13,932 (36 shares). The lot size for sNII investment is 14 lots (504 shares), amounting to ₹2,05,128, and for bNII investment is 69 lots (2,484 shares), amounting to ₹10,10,988.
The issue includes reservation for employees for up to 1,01,351 shares, which is available at a discount of ₹37.00 to the issue price.
Smartworks Coworking IPO GMP Live Rates day by day with Kostak rates.
Smartworks Coworking IPO Details
| IPO Open Date: | July 10, 2025 |
| IPO Close Date: | July 14, 2025 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹387 to ₹407 Per Share |
| Issue Size: | Approx ₹582.56 Crores |
| Fresh Issue: | Approx ₹445 Crores |
| Offer for Sale: | Approx 3,379,740 Equity Shares |
| Issue Type: | Book Build Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 10% |
| QIB Quota: | Not more than 75% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Smartworks Coworking IPO Dates
| IPO Open Date: | July 10, 2025 |
| IPO Close Date: | July 14, 2025 |
| Basis of Allotment: | July 15, 2025 |
| Refunds: | July 16, 2025 |
| Credit to Demat Account: | July 16, 2025 |
| IPO Listing Date: | July 17, 2025 |
Smartworks Coworking Spaces Limited Financial Information (Restated Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,650.85 | 4,147.08 | 4,473.50 |
| Revenue | 1,409.67 | 1,113.11 | 744.07 |
| Profit After Tax | -63.18 | -49.96 | -101.05 |
| EBITDA | 857.26 | 659.67 | 424.00 |
| Net Worth | 107.51 | 50.01 | 31.47 |
| Reserves and Surplus | 4.69 | 29.01 | -46.23 |
| Total Borrowing | 397.77 | 427.35 | 515.39 |
| Amount in ₹ Crore | |||