Awfis Space Solutions IPO Date, Review, Price, Allotment Details

Awfis Space Solutions IPO Details: Awfis Space Solutions IPO date is fixed, the IPO is to hit the market on May 22 and will close on May 27. Awfis Space Solutions IPO to raise around ₹598.93 crores via IPO that comprises fresh issue of ₹128 crores and offer for sale up to 12,295,699 equity shares of ₹10 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

Awfis Space Solutions IPO

Table of Contents

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.

ApplicationLot SizeSharesAmount
Retail Minimum139₹14,937
Retail Maximum13507₹194,181
S-HNI Minimum14546₹209,118
B-HNI Minimum672613₹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
YearRevenueExpensePAT
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/

Awfis Space Solutions IPO FAQs

What is Awfis Space Solutions IPO?

Awfis Space Solutions IPO is a main-board IPO. They are going to raise ₹598.93 Crores via IPO. The issue is priced at ₹364 to ₹383 pr equity share. The IPO is to be listed on BSE & NSE.

When Awfis Space Solutions IPO will open?

The IPO is to open on May 22, 2024 for QIB, NII, and Retail Investors.

What is Awfis Space Solutions IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Awfis Space Solutions IPO?

You can apply for Awfis Space Solutions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Awfis Space Solutions IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Awfis Space Solutions”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Awfis Space Solutions IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Awfis Space Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Awfis Space Solutions IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Awfis Space Solutions”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Awfis Space Solutions IPO Size?

Awfis Space Solutions IPO size is ₹598.93 crores.

What is Awfis Space Solutions IPO Price Band?

Awfis Space Solutions IPO Price Band is ₹364 to ₹383.

What is Awfis Space Solutions IPO Minimum and Maximum Lot Size?

The minimum bid is 39 Shares with ₹14,937 amount while the maximum bid is 507 shares with ₹194,181.

What is the Awfis Space Solutions IPO Allotment Date?

Awfis Space Solutions IPO allotment date is May 28, 2024.

What is the Awfis Space Solutions IPO Listing Date?

Awfis Space Solutions IPO listing date is May 30, 2024. The IPO is to list on BSE and NSE.

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).

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