– IPO subscription dates: July 10-July 14, 2025.
– Total funds aimed to be raised: Rs. 582.56 crore.
– Fresh issue: Rs. 445 crore (1.09 crore shares).
– Offer for Sale (OFS): rs. 137.56 crore (0.34 crore shares).
– Subscription levels:
– Overall subscription: 13.92 times oversubscribed.
– QIB segment: 24.92 times subscribed.
– NII segment: 23.68 times subscribed.
– Retail portion: 3.69 times subscribed.
The strong investor interest in the Smartworks Coworking Spaces IPO underscores robust sentiment toward India’s emerging coworking sector and its growth potential amid evolving work paradigms like hybrid and remote models post-pandemic trends. Demand from institutional investors indicates confidence in scalability and revenue-generating ability within this sector, while relatively modest retail participation reflects cautious optimism among retail investors who face market volatility risks.
This development aligns with India’s broader focus on innovation-driven businesses and reinforces the rising attractiveness of modern office solutions amidst urbanization challenges and flexible workspace demands globally.Read More