Smartworks Coworking Spaces Ltd
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 09-07-2025 | 14-07-2025 | ₹10 per share | 0 | 36 Shares | BSE, NSE | 3,115,200 shares (aggregating up to ₹23.36 Cr) | 2025-07-15 00:00:00 | 2025-07-16 00:00:00 | 2025-07-16 00:00:00 | 16-07-2025 |
About The Company
Smartworks Coworking Spaces IPO is a bookbuilding of ₹582.56 crores. The issue is a combination of fresh issue of 1.09 crore shares aggregating to ₹445.00 crores and offer for sale of 0.34 crore shares aggregating to ₹137.56 crores.
Smartworks Coworking Spaces IPO opens for subscription on July 10, 2025 and closes on July 14, 2025. The allotment for the Smartworks Coworking Spaces IPO is expected to be finalized on Tuesday, July 15, 2025. Smartworks Coworking Spaces IPO will be list on BSE, NSE with a tentative listing date fixed as Thursday, July 17, 2025.
Smartworks Coworking Spaces IPO price band is set at ₹387 to ₹407 per share. The lot size for an application is 36. The minimum amount of investment required by an retail is ₹13,932 (36 shares). The lot size investment for sNII is 14 lots (504 shares), amounting to ₹2,05,128, and for bNII, it is 69 lots (2,484 shares), amounting to ₹10,10,988.
The issue includes a reservation of up to 1,01,351 shares for employees offered at a discount of ₹37.00 to the issue price.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 31-03-2022 | 4474 | 744 | -101 | 31.47 | -46.23 | 515.39 |
| 31-03-2023 | 4147 | 1113 | -50 | 50.01 | 29.01 | |
| 31-03-2025 | 4651 | 1410 | -63 | 107.51 | 4.69 | 397.77 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | 14562 |
| Retail (Max) | 13 | 468 | 190476 |
| S-HNI (Min) | 14 | 504 | 205128 |
| S-HNI (Max) | 68 | 2448 | 996336 |
| B-HNI (Min) | 69 | 2484 | 1010988 |
IPO Listing Details
| Listing Date | 16-07-2025 |
| BSE Script Code | - |
| NSE Symbol | - |
| ISIN | - |
| Final Issue Price | 0 |
Promoter holdings
Neetish Sarda, Harsh Binani, Saumya Binani, NS Niketan LLP, SNS Infrareality LLP and Aryadeep Realstates Private Limited are the promoters of the company.
Contact Information of the Company
Smartworks Coworking Spaces Ltd.
Unit No. 305-310,
Plot No 9, 10 and 11, Vardhman Trade Centre,
Nehru Place, South Delhi,
Delhi, New Delhi, 110019
Phone: +91 83840 62876
Email: companysecretary@sworks.co.in
Website: https://www.smartworksoffice.com/home/
IPO Registrar
MUFG Intime India Private Limited (Link Intime)
Phone: +91-22-4918 6270
Email: smartwork.ipo@in.mpms.mufg.com
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
IPO Lead Manager
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