Smartworks Coworking IPO subscribed 13.92 times on the last day, while A retail quota was subscribed 3.69 times, QIB subscribed 24.92 times, and NII quota subscribed 23.68 times respectively.
Details About Smartworks Coworking IPO
Smartworks Coworking got approval from SEBI for an IPO of ₹582.56 crores. comprises a fresh issue of ₹445 crores and offer for sale up to 3,379,740 equity shares with a face value of ₹10 each.
Moreover, the company has set up a price band between ₹387 to ₹407 per share. In this IPO, a total of 36 shares were available in one lot size for the minimum Retail category, and 468 shares in 13 lot sizes for the maximum retail category.
The S-HNI minimum category consists of 504 shares in a lot size of 14, and the B-HNI category has 2,484 shares in a 69-lot size.
To invest in this IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,652 and maximum investment of ₹1,90,476
- Small HNI (S-HNI): Minimum investment of ₹2,05,128.
- B-HNI Minimum (B-HNI): Minimum investment of ₹10,10,988.
Subscription Duration of Smartworks Coworking IPO
The opening date for the Smartworks Coworking IPO subscription was July 10, 2025, whereas the closing date of the Smartworks Coworking IPO was July 14, 2025. The allotment of Smartworks Coworking, July 15, 2025, and the listing date schedule for July 17, 2025.
About Smartworks Coworking IPO
Smartworks Coworking Limited is a top provider of office space solutions and campus management services. As of March 31, 2024, it is one of the largest managed campus operators in terms of total space managed, according to the CBRE Report mentioned in the DRHP.
The company mainly serves mid to large-sized businesses and has built a strong and growing client base that includes Indian companies, multinational corporations in India, and startups.
Financial Background of Smartworks Coworking IPO
The company posted a revenue of ₹1,409.67 crores in 2025, up from ₹1,113.11 crores in 2024. However, its losses also increased to ₹63.18 crores in 2025, compared to ₹49.96 crores in 2024.
