Smartworks Coworking IPO Date, Review, Price, Allotment Details

Smartworks Coworking IPO open date is July 10, 2025 and the IPO will close on July 14, 2025. Smartworks Coworking IPO is a Book Build Issue. The company to raise around ₹582.56 crores via IPO that comprises fresh issue of ₹445 crores and offer for sale up to 3,379,740 equity shares with face value of ₹10 each.

Smartworks Coworking IPO price band is ₹387 to ₹407 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Smartworks Coworking IPO to list on BSE, NSE on July 17, 2025. The allotment of Smartworks Coworking IPO date is July 15, 2025.

The company reported revenue of ₹1,409.67 crores in 2025 against ₹1,113.11 crores in 2024. The company reported loss of ₹63.18 crores in 2025 against loss of ₹49.96 crores in 2024. As per the financials the IPO investors should apply the IPO for a long term.

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 Market Lot

The Smartworks Coworking IPO minimum market lot is 36 shares with ₹14,652 application amount. The retail investors can apply up-to 13 lots with 468 shares of ₹1,90,476 amount.

Application Lot Size Shares Amount
Retail Minimum 1 36 ₹14,652
Retail Maximum 13 468 ₹1,90,476
S-HNI Minimum 14 504 ₹2,05,128
B-HNI Minimum 69 2,484 ₹10,10,988

Smartworks Coworking IPO Dates

The Smartworks Coworking IPO date is July 10 and the close date is July 14. The Smartworks Coworking IPO allotment will be finalized on July 15 and the IPO listing on July 17.

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

Promoters of Smartworks Coworking IPO

The promoters of the company are Neetish Sarda, Harsh Binani, Saumya Binani, NS Niketan LLP, SNS Infrareality LLP and Aryadeep Realstates Private Limited.

About Smartworks Coworking IPO

Smartworks Coworking Limited is one of the leading companies in terms of offering office experiences and managing a campus platform. In fact, as of March 31, 2024, they are the substantial managed campus operator among their peers, based on total space managed (according to the CBRE Report), as per the DRHP. Focusing on mid to large enterprises and having built a growing client base, including Indian corporates, MNCs operating in India, and startups. Smartworks Coworking Limited’s managed campus platform covers a total super built-up area of 8.00 million square feet, spread across 41 centers in 13 cities, including Bengaluru, Pune, Hyderabad, Gurugram, Mumbai, Noida, and Chennai.

Smartworks Coworking IPO Company Financial Report

The company reported revenue of ₹1,409.67 crores in 2025 against ₹1,113.11 crores in 2024. The company reported loss of ₹63.18 crores in 2025 against loss of ₹49.96 crores in 2024.

Amount ₹ in Crores

Period Ended Revenue Expense Profit After Tax Assets
2023 ₹744.07 ₹880.30 ₹101.05 ₹4,473.50
2024 ₹1,113.11 ₹1180.73 ₹49.96 ₹4,147.08
2025 ₹1,409.67 ₹1489.13 ₹63.18 ₹4,650.85

Smartworks Coworking IPO Valuation – FY2025

Check Smartworks Coworking IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPI Values
ROE: -%
ROCE: 42.30%
EBITDA Margin: 62.39%
PAT Margin: -%
Debt to equity ratio: 2.90
Earning Per Share (EPS): ₹(6.18) (Basic)
Price/Earning P/E Ratio: N/A
Return on Net Worth (RoNW): (58.76)%
Net Asset Value (NAV): ₹10.55

Peer Group Comparison

Company EPS PE Ratio RoNW % NAV Income
Awfis Space Solutions Limited 9.75 63.18 14.78 65.97 1,207.54 Cr.

Objects of the Issue

  • Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed by the Company.
  • Capital expenditure for fit-outs in the New Centres and for security deposits of the New Centres (“Capex”)
  • General corporate purposes.

Smartworks Coworking IPO Review

  • IPO Watch – May Apply
  • Canara Bank –
  • DRChoksey FinServ –
  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Smartworks Coworking IPO Registrar

MUFG Intime India Private Limited
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

  • JM Financial Limited
  • BOB Capital Markets Limited
  • IIFL Securities Limited
  • Kotak Mahindra Capital Company Limited

Company Address

Smartworks Coworking Spaces Limited
Unit No. 305-310,
Plot No 9, 10 and 11, Vardhman Trade Centre,
Nehru Place, South Delhi,
Delhi, New Delhi, 110019
Phone: +91 83840 62876
Email: [email protected]
Website: https://www.smartworksoffice.com/home/

Smartworks Coworking IPO FAQs

What is Smartworks Coworking IPO?

Smartworks Coworking IPO is a Mainboard IPO. The company is going to raise ₹582.56 Crores via IPO. The issue is priced at ₹387 to ₹407 per equity share. The IPO is to be listed on BSE & NSE.

When Smartworks Coworking IPO will open for subscription?

The IPO is to open on July 10, 2025 for QIB, NII, and Retail Investors. The IPO will close on July 14, 2025.

What is Smartworks Coworking IPO Investors Portion?

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

How to Apply the Smartworks Coworking IPO?

You can apply for Smartworks Coworking 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.

What is Smartworks Coworking IPO Issue Size?

Smartworks Coworking IPO issue size is ₹582.56 crores.

What is Smartworks Coworking IPO Price Band?

Smartworks Coworking IPO Price Band is ₹387 to ₹407.

What is Smartworks Coworking IPO Lot Size?

The minimum bid is 36 Shares with ₹14,652 amount.

What is the Smartworks Coworking IPO Allotment Date?

Smartworks Coworking IPO allotment date is July 15, 2025.

What is the Smartworks Coworking IPO Listing Date?

Smartworks Coworking IPO listing date is July 17, 2025. The IPO is to list on BSE & NSE.

Note: The Smartworks Coworking IPO price band and date are officially announced. The (Smartworks Coworking IPO grey market premium) will be added to the IPO GMP page as it will start).
Share the Post:
Facebook
Twitter
LinkedIn

Leave a Reply

Your email address will not be published. Required fields are marked *