As per the sources, this IPO might be a fresh issue of ₹1000 crore and might have an Offer for Sale component as well. Even though the board and shareholders already approved the launch of its IPO in July 2025, the exact size, date, and timeline have not been announced yet.
In August 2025, the firm decided to go public by converting its private company to public one. Back then, the firm also appointed 3 new independent directors, Nilesh S Vikamsey, Ganesh Natarajan, and Anthony Couse to strengthen its board.
Table Space has been planning an IPO since October 2024 and wanted to submit its DRHP by April 2025. But it didn’t happen as we wanted, and the IPO was postponed.
Table Space co-founder Karan Chopra holds 12.35 crore shares in the firm, and Kunal Mehra holds 4.81 lakh shares as of September.
Incorporated in 2017, Table Space is one of the leading companies that offers workspaces designed for big enterprises for a seamless work experience. From custom-built to ready to move in, the firm transforms your workspace that will match your brand, goal, and culture. As of now, the firm offers its services to over 7 cities in India, including Bengaluru, Mumbai, Gurugram, Noida, and others. Moreover, currently the firm offers its services to over 315 clients, such as EY, Dell, Fujitsu, AMD, GKN Aerospace, Shell, JCI, and Analog Devices.
Moreover, most of the peer competitors of the Table Space, like Awfis, Smartworks, IndiQube, WeWork India, and DevX, have already gone public.
Financially, in FY25, the firm reported a net loss of ₹1,561 crore compared to a profit of ₹11 crore in the previous fiscal year. The loss of ₹1,560 crore because it removed CCPS (Compulsorily Convertible Preference Shares) as its liabilities. It also made an ex gratia payment of ₹8 crores to Banerji’s mother.
Table Space revenue was also increased by 51% from generating ₹1,360 crore this year, compared to ₹908 crore last year. Meanwhile, the company’s expenses also increased by 61%, reaching ₹735 crore.
