Smartworks Coworking IPO subscription started on July 10, 2025, and the IPO will close on July 14, 2025, as per the schedule. The price band is set at ₹387 to ₹407 per share with a face value of ₹10.
Smartworks Coworking IPO Subscription Status
Smartworks Coworking IPO subscribed over 1.20x on its second day till 5.00 PM on 11 July 2025.
- Smartworks Coworking IPO subscription QIB investors portion is 0.64 times, while NII subscribed 1.86 times and RII investors subscribed 1.23 times.
- The company has received bids for 1,20,52,188 shares against 1,00,56,237 shares on offer on the second day of subscription.
- Smartworks Coworking IPO 1.20x on its day 2.
- Smartworks Coworking IPO subscribed over 0.52x on its day 1.
About Smartworks Coworking Company
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 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.
Smartworks Coworking IPO GMP:
Smartworks Coworking IPO GMP was ₹31 as of Friday, July 11, 2025. That indicates the IPO is trading at ₹438 with a ₹31 premium in the grey market against the issue price of ₹ ₹407.
