Smartworks Coworking IPO Subscribed over 13.92x on Day 3

Smartworks Coworking IPO subscribed over 13.92x on its last day of subscription, wherein QIB subscribed 24.92x, NII subscribed 23.68x, and RII subscribed 3.69x.

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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 13.92x on its last day till 5.00 PM on 14 July 2025.

  • Smartworks Coworking IPO subscription QIB investors portion is 24.92 times, while NII subscribed 23.68 times and RII investors subscribed 3.69 times. 
  • The company has received bids for 14,00,18,436 shares against 1,00,56,237 shares on offer on the last day of subscription. 
  • Smartworks Coworking IPO 13.92x on its day 3. 
  • 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 ₹21 as of Monday, July 14, 2025. That indicates the IPO is trading at ₹459 with a ₹21 premium in the grey market against the issue price of ₹ ₹407.

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.