Smartworks Coworking Spaces Ltd
Price Range
₹387 - ₹407
-
Min. Quantity
36
Closes on
14 July 2025
-
Min. investment
₹14,652/468 Shares
Smartworks Coworking Spaces Ltd IPO Timeline
Smartworks Coworking Spaces Limited was originally incorporated as 'Smart Work Business Centre Private Limited' as a Private Limited Company, dated December 17, 2015, issued by the Registrar of Companies at Kolkata. The Company name was changed from 'Smart Work Business Centre Private Limited' to 'Smartworks Coworking Spaces Private Limited' and a fresh Certificate of Incorporation dated December 20, 2018, was issued by the RoC. Thereafter, the status of Company got converted into a Public Limited and the name was changed to 'Smartworks Coworking Spaces Limited' and a fresh Certificate of Incorporation dated July 25, 2024 was issued by the RoC. Company is engaged in the business of developing fully serviced office spaces.
| Event | Date |
|---|---|
| Smartworks Coworking Spaces Ltd IPO Opening Date | 10 July 2025 |
| Smartworks Coworking Spaces Ltd IPO Closing Date | 14 July 2025 |
| Basis of Allotment | 15 July 2025 |
| Initiation of Refunds | 16 July 2025 |
| Credit of Shares to Demat | 16 July 2025 |
| Smartworks Coworking Spaces Ltd IPO Listing Date | 17 July 2025 |
Smartworks Coworking Spaces Ltd IPO Details
| Smartworks Coworking Spaces Ltd IPO Date | 10 July 2025 to 14 July 2025 |
| Smartworks Coworking Spaces Ltd IPO Face Value | ₹10 per share |
| Smartworks Coworking Spaces Ltd IPO Price | ₹387 to ₹407 per share |
| Smartworks Coworking Spaces Ltd IPO Lot Size | 36 |
| Issue Size | Shares of ₹10 (aggregating up to ₹582.56 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹445 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹137.56 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 29,03,910 of the Net Offer |
| Retail Shares Offered | Not less than 51,73,543 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 22,17,233 of the Net Offer |
| Company Promoters | Neetish Sarda, Harsh Binani, Saumya Binani |
Smartworks Coworking Spaces Ltd IPO Lot Size
The Smartworks Coworking Spaces Ltd IPO lot size is 36 shares. A retail-individual investor can apply for up to 13 lots (468 shares or ₹1,90,476).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 36 | ₹14,652 |
| Maximum | 13 | 468 | ₹1,90,476 |
- Strengths
- Risks
- Opportunities
- Our market leadership backed by scale and steady growth.
- Our ability to lease and transform entire / large properties across India's key office clusters into amenities rich `Smartworks' branded Campuses.
- Our focus on acquiring Enterprise Clients with higher Seat requirements as well as emerging mid to large Enterprises and grow with them.
- Our execution capabilities backed by cost efficiencies, effective processes and technology infrastructure.
- Our financial acumen and strategic execution abilities make us capital efficient, resulting in saving our equity on capital expenditure and working capital.
- Our risk mitigating strategy allows us to build a financially stable business model.
Company Financials
Smartworks Coworking Spaces Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 4,628.13 | 1,377.25 | -61.74 |
| 03-2024 | 4,149.54 | 1,113.13 | -47.02 |
| 03-2023 | 4,471.53 | 742.86 | -99.79 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Repayment/prepayment/redemption in full or in part of certain borrowings availed by the company
- Capital exp for fit-outs in the new centres and for security deposits of the new centres
- General corporate purposes
Smartworks Coworking Spaces Ltd IPO Promoter Holding
| Pre Issue Share Holding | - |
| Post Issue Share Holding | - |
Smartworks Coworking Spaces Ltd IPO Subscription Status (Bidding Detail)
The Smartworks Coworking Spaces Ltd IPO is subscribed 13.4505 times on 14 July 2025 05:00:00 PM. The public issue subscribed 3.5318 times in the retail category, 24.4071 times in the QIB category, and 22.7792 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 24.4071 | 22.7792 | 3.5318 | 2.3786 | 13.4505 |
Smartworks Coworking Spaces Ltd IPO Prospectus
Smartworks Coworking Spaces Ltd IPO Listing Date
| BSE Script | - |
| NSE Symbol | - |
| Listing In | BSE, NSE |
| ISIN | INE0NAZ01010 |
| IPO Price | ₹407 |
| Face Value | ₹10 |
Company Contact Information
Unit #.305-310 Plot No 9/10/11Vardhaman Trade Centre Nehru P,New Delhi-110019
Phone: +91 83840 62876
Email: companysecretary@sworks.co.in
Website: www.smartworksoffice.com
Smartworks Coworking Spaces Ltd IPO Registrar
Smartworks Coworking Spaces Ltd IPO Lead Manager(s)
- JM Financial Ltd
- BOB Capital Markets Ltd
- IIFL Securities Ltd
- Kotak Mahindra Capital Company Ltd
FAQ
What is the issue size of Smartworks Coworking Spaces Ltd IPO?
I have pre-applied for Smartworks Coworking Spaces Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.