Awfis Space Solutions provides a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small and medium enterprises (“SMEs”) as well as for large corporates and multi-national corporations. Their flexible workspace solutions cater to varied seat cohorts ranging from a single seat to multiple seats, which can be contracted by their clients for a period ranging from one hour to several years. Over time, they have evolved from a co-working space to an integrated workspace solutions platform. While their core solution is co-working solutions which include flex workspaces, customized office spaces, and mobility solutions, they have built capabilities to design, build, maintain, and manage a wide range of flexible workspace requirements such as Awfis Transform (their construction and fit-out services business segment) and Awfis Care (their facility management services business segment). They also provide allied services ranging from food and beverages, information technology support services, and infrastructure services such as storage and customization to event hosting and meeting arrangements.
Their understanding of the modern workforce has helped them identify and anticipate evolving preferences and requirements, thereby enabling them to provide bespoke solutions to meet the varied and diverse needs of their clients across a diverse spectrum of demographics that they cater to. In addition, they have two distinctive formats for their workspaces with their unique propositions, branding, audience, and purpose.
Objects of the Issue
- Funding capital expenditure towards the establishment of new centres
- Funding our working capital requirements
- General corporate purposes
Awfis Space Solutions IPO Review (Apply or Not)
- Apply
Awfis Space Solutions IPO Date & Price Band Details
IPO Open: | May 22, 2024 |
IPO Close: | May 27, 2024 |
IPO Size: | Approx ₹598.93 Crores, 15,637,736 Equity Shares |
Fresh Issue: | Approx ₹128 Crores, 3,342,037 Equity Shares |
Offer for Sale: | Approx ₹470.93 Crores, 12,295,699 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹364 to ₹383 Per Share |
IPO Listing on: | BSE & NSE |
Retail Quota: | 10% |
QIB Quota: | 75% |
NII Quota: | 15% |
Discount: | N/A |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors List: | Click Here |
Awfis Space Solutions IPO Market Lot
The Awfis Space Solutions IPO minimum market lot is 39 shares with ₹14,937 application amount. The retail investors can apply up-to 13 lots with 507 shares or ₹194,181 amount.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 39 | ₹14,937 |
Retail Maximum | 13 | 507 | ₹194,181 |
S-HNI Minimum | 14 | 546 | ₹209,118 |
B-HNI Minimum | 67 | 2613 | ₹1,000,779 |
Awfis Space Solutions IPO Allotment & Listing Dates
The Awfis Space Solutions IPO date is May 22 and the close date is December May 27. The Awfis Space Solutions IPO allotment will be finalized on May 28 and the IPO listing on May 30.
Price Band Announcement: | May 21, 2024 |
IPO Open Date: | May 22, 2024 |
IPO Close Date: | May 27, 2024 |
Basis of Allotment: | May 28, 2024 |
Refunds: | May 29, 2024 |
Credit to Demat Account: | May 29, 2024 |
IPO Listing Date: | May 30, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
Awfis Space Solutions IPO Form
How to apply for the Awfis Space Solutions IPO? You can apply for Awfis Space Solutions IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Awfis Space Solutions IPO in the Invest section. The other option is you can apply for Awfis Space Solutions IPO via IPO forms downloaded via NSE and BSE. Check out the Awfis Space Solutions forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
Awfis Space Solutions Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹216.02 | ₹258.66 | ₹42.64 |
2022 | ₹278.71 | ₹335.87 | ₹57.16 |
2023 | ₹565.79 | ₹612.42 | ₹46.64 |
Dec 2023 | ₹633.69 | ₹652.64 | ₹18.94 |
Awfis Space Solutions IPO Valuation – FY2023
Check Awfis Space Solutions IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
Earning Per Share (EPS): | -₹8.11 per Equity Share |
Price/Earning P/E Ratio: | N/A |
Return on Net Worth (RoNW): | –27.54% |
Net Asset Value (NAV): | ₹56.20 per Equity Share |
Peer Group
- NA
Company Promoters
- Amit Ramani
- Peak XV Partners Investments V
Awfis Space Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/
Awfis Space Solutions IPO Allotment Status Check
Check Awfis Space Solutions IPO allotment status on Bigshare website allotment URL. Click Here
Awfis Space Solutions IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Axis Capital Limited
- Iifl Securities Ltd
- Emkay Global Financial Services Ltd
Company Address
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan
Qutab Institutional Area
New Delhi-110016
Phone: +91 1141061878
Email: [email protected]
Website: https://www.awfis.com/
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Note: The Awfis Space Solutions IPO price band and date are not officially announced yet. The IPO grey market premium (Awfis Space Solutions IPO Premium) will be added to the IPO grey market page as it will start).