SMARTWORKS COWORKING SPACES LIMITED

10 Jul 2025 - 14 Jul 2025 Individual Category Main Board BSE NSE

Min Investment

₹14652

Price Band

₹387-₹407

Issue Size

104.02 lakhs
Equity Shares

Lot Size

36

IPO Dates
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10 Jul 2025

Open Date

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14 Jul 2025

Close Date

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15 Jul 2025

Allotment Date

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17 Jul 2025

Listing Date

Smartworks Coworking Spaces IPO open date is July 10, 2025 and IPO closing date is July 14, 2025. This new IPO is a book-built issue of 1.49 crore equity shares. This upcoming IPO is a combination of fresh issue and offer-for-sale. Smartworks Coworking Spaces IPO price band is Rs 387 to Rs 407. As of now, Smartworks Coworking Spaces IPO GMP quotation is at 0. Smartworks Coworking Spaces IPO allotment date is July 15, 2025. The lot size is 36 equity shares. The minimum investment for the retail investors for 1 lot is Rs 14,652. The registrar for Smartworks Coworking Spaces IPO is MUFG Intime India Private Limited. Smartworks Coworking's IPO listing date is July 17, 2025.

Know Before Investing

Strengths icon

  • Operates 8.99 million sq. ft. across 50 centres nationwide.
  • Achieved 38.98% CAGR in revenue between FY23 and FY25.
  • Flagship facility spans 0.7 million sq. ft. at Vaishnavi Tech Park.

Weaknesses icon

  • 75.19% of rental income is concentrated in four major cities.
  • Reliance on large clients requiring 300+ seats raises exposure risk.
  • Limited access to prime properties may hinder expansion and margins.

About Smartworks Coworking Spaces Limited

Smartworks Coworking Spaces Limited was founded in 2015, is a leading provider of coworking spaces catering to businesses of all sizes.The company is established to redefine modern workspaces. It offers fully serviced offices equipped with technology, furniture and customised solutions to meet the customer needs.Smartworks focuses on productivity and collaboration, providing services with high speed internet, meeting rooms and breakout areas. The company focuses on employee well being through wellness programs and community building events.The company has a presence across major cities in India, Smartworks targets new startups, SMEs and company’s looks cost effective and dynamic work environment.

Founded

2015

Managing Director

Neetish Sarda

Parent Organization

-

IPO Objectives

Smartworks Coworking intends to utilise the IPO proceeds for the repayment or prepayment of certain borrowings that the company has availed. A significant portion will also be allocated towards capital expenditure for fit-outs and security deposits of new centres. Additionally, the funds will support general corporate purposes.

Company Promoters

Neetish Sarda

Harsh Binani

Saumya Binani

NS Niketan LLP

SNS Infrareality LLP

Aryadeep Realstates Private Limited

Subscription Details

Investor Category Subscription (times)
Qualified Institutions 0
Non-Institutional Buyers 0
bNII (bids above ₹10L) 0
sNII (bids below ₹10L) 0
Retail Investors 0
Employees 0
Others 0
Total 0

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