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Smartworks Coworking Spaces Limited IPO
Issue Size (Net)
up to Rs.582.56 Cr
Price Band
Rs.387 to Rs. 407 per share
Issue Opens
July 10, 2025
Issue Closes
July 14, 2025

Company Highlights

1.Company Information

Incorporated in 2015, Smartworks Coworking Spaces Limited is engaged in the business of customized managed workspace solutions, offering fully serviced, tech-enabled office environments with aesthetic designs and essential amenities to meet the specific needs of enterprises and their employees.
The company serves mid-to-large enterprises, including Indian corporates, MNCs, and startups, offering modern campuses with design, technology, and amenities like cafeterias, gyms, crèches, and medical centers for employee well-being.
As of March 31, 2025, the company served 738 clients with 152,619 seats. Currently, it has 728 clients and 169,541 seats, with 12,044 seats yet to be occupied.

2.Smartworks Coworking 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 

Smartworks Coworking Spaces Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
EBITDA
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-25
4,650.85
1,409.67
-63.18
857.26
107.51
4.69
397.77
31-Mar-24
4,147.08
1,113.11
-49.96
659.67
50.01
29.01
427.35
31-Mar-23
4,473.50
744.07
-101.05
424
31.47
-46.23
515.39
Amount in Rs. Crore

Smartworks Coworking IPO Details

Issue Opening Date
July 10, 2025 
Issue Closing Date
July 14, 2025
Face Value
Rs.10 per share
Price
Rs.387 to Rs.407 per share
Lot Size
36 Shares
Sale Type
Fresh Capital-cum-Offer for Sale
Total Issue Size
1,43,13,400 shares(aggregating up to Rs.582.56 Cr)
Fresh Issue
1,09,33,660 shares(aggregating up to Rs.445.00 Cr)
Offer for Sale
33,79,740 shares of Rs.10(aggregating up to Rs.137.56 Cr)
Employee Discount
Rs.37.00
Issue Type
Bookbuilding IPO
Listing At
BSE, NSE

Smartworks Coworking IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Thu, July 10, 2025
Closing Date
Mon, July 14, 2025
Tentative Allotment
Tue, July 15, 2025
Initiation of Refunds
Wed, July 16, 2025
Credit of Shares to Demat
Wed, July 16, 2025
Listing Date
Thu, July 17, 2025
Cut-off time for UPI mandate confirmation
5 PM on July 14, 2025

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
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