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?
When Smartworks Coworking IPO will open for subscription?
What is Smartworks Coworking IPO Investors Portion?
How to Apply the Smartworks Coworking IPO?
What is Smartworks Coworking IPO Issue Size?
What is Smartworks Coworking IPO Price Band?
What is Smartworks Coworking IPO Lot Size?
What is the Smartworks Coworking IPO Allotment Date?
What is the Smartworks Coworking IPO Listing Date?
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).