/ 36 Shares
10-Jul-2025 - 14-Jul-2025
₹ 387 - ₹ 407
₹ 14652.00
36
14,322,614
Face Value - ₹ 10/- Per Share
Listing at NSE BSE
138,262 Application Required in Retail for 1 Time.
Registrar : Link Intime India Private Ltd
| Category | % | Shares/Amount |
|---|---|---|
| QIB | 50% | 7,110,630 Shares Rs. 289.40 CR |
| HNI 1 | 5% | 711,063 Shares Rs. 28.94 CR @ 1411 FORM 1X |
| HNI 2 | 10% | 1,422,127 Shares Rs. 57.88 CR @ 2822 FORM 1X |
| Retail | 35% | 4,977,443 Shares Rs. 202.58 CR @ 138262 FORM 1X |
| Employee | 0% | 101,351 Shares RS.3.75 CR |
| Retail (Upto 2 Lakh) | HNI (2 Lakh to 10 Lakh) | HNI (Above 10 Lakh) |
|---|---|---|
| 138262 FORM 1X | 1411 FORM 1X | 2822 FORM 1X |
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Upto 2 Lakh) | 1 | 36 | ₹ 14,652 |
| Retail (Upto 2 Lakh) | 13 | 468 | ₹ 190,476 |
| S-HNI (2 Lakh to 10 Lakh) | 14 | 504 | ₹ 205,128 |
| S-HNI (2 Lakh to 10 Lakh) | 68 | 2448 | ₹ 996,336 |
| B-HNI (Above 10 Lakh) | 69 | 2484 | ₹ 1,010,988 |
10-Jul-2025 14:44
| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 2,844,252 ₹ 115.76 Cr. | 3,492 ₹ 0.14 Cr. | 0.00x |
| HNI (<10 LAKH) | 711,063 ₹ 28.94 Cr. | 294,696 ₹ 11.99 Cr. | 0.41x |
| HNI2 (>10 LAKH) | 1,422,127 ₹ 57.88 Cr. | 1,013,832 ₹ 41.26 Cr. | 0.71x |
| RETAIL | 4,977,443 ₹ 202.58 Cr. | 2,194,452 ₹ 89.31 Cr. | 0.44x |
| EMP | 101,351 ₹ 4.12 Cr. | 43,452 ₹ 1.77 Cr. | 0.43x |
| Total | 10,056,236 | 3,549,924 | 0.35x |
| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 2,844,252 ₹ 115.76 Cr. | 3,492 ₹ 0.14 Cr. | 0.00x |
| HNI (<10 LAKH) | 711,063 ₹ 28.94 Cr. | 294,696 ₹ 11.99 Cr. | 0.41x |
| HNI2 (>10 LAKH) | 1,422,127 ₹ 57.88 Cr. | 1,013,832 ₹ 41.26 Cr. | 0.71x |
| RETAIL | 4,977,443 ₹ 202.58 Cr. | 2,194,452 ₹ 89.31 Cr. | 0.44x |
| EMP | 101,351 ₹ 4.12 Cr. | 43,452 ₹ 1.77 Cr. | 0.43x |
| Total | 10,056,236 | 3,549,924 | 0.35x |
*Excluding Anchor
Total No. of Application Approx : ~49251 (0.36 Appwise)
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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.
As of March 31, 2024, the company holds four of India's five largest leased centers, including the 0.7 million square feet Vaishnavi Tech Park in Bengaluru, surpassing other campuses in size.
Business Model: The company’s managed campus platform creates an ecosystem of key stakeholders: clients, landlords, employees, and service partners.
As of March 31, 2025, the company had 794 permanent employees.
Cometitive Strengths:
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 4,650.85 | 4,147.08 | 4,473.50 |
| Revenue | 1,409.67 | 1,113.11 | 744.07 |
| Profit After Tax | -63.18 | -49.96 | -101.05 |
| EBITDA | 857.26 | 659.67 | 424.00 |
| Net Worth | 107.51 | 50.01 | 31.47 |
| Reserves and Surplus | 4.69 | 29.01 | -46.23 |
| Total Borrowing | 397.77 | 427.35 | 515.39 |
| Amount in ? Crore | |||
The Company Smartworks Coworking IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (? in crores) |
|---|---|---|
| 1 | Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed by the Company | 114.00 |
| 2 | Capital expenditure for fit-outs in the New Centres and for security deposits of the New Centres | 225.84 |
| 3 | General corporate purposes |
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Step 01 : Once you create your account, Login to InvestoYard.
Step 02 : Under IPO Section, you will be able to see a list of Ongoing IPOs, where you can click on apply button.
Step 03 : Add quantity of shares to apply – Maximum 3 bids are allowed (For retail category – max amount Rs.2,00,000/-).
Step 04 : Enter your UPI ID and you will receive mandate on your UPI App.
Step 05 : Once you accept the mandate, Application is submitted successful.
