Smartworks Coworking Spaces Limited – IPO

Smartworks Coworking IPO is a bookbuilding of ₹582.56 crores. The issue is a combination of a fresh issue of 1.09 crore shares aggregating to ₹445.00 crores and an offer for sale of 0.34 crore shares aggregating to ₹137.56 crores.

Smartworks Coworking IPO opens for subscription on July 10, 2025 and closes on July 14, 2025. The allotment for the Smartworks Coworking IPO is expected to be finalized on Tuesday, July 15, 2025. Smartworks Coworking IPO will be listed on BSE and NSE with a tentative listing date fixed as Thursday, July 17, 2025.

Smartworks Coworking's 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 a retail investor 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 undefined.

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.

Smartworks Coworking Spaces Limited – IPO Details

IPO Date July 10, 2025 to July 14, 2025
Listing Date July 17, 2025
Face Value ₹ 10 / Share
Price Band ₹ 387 to ₹ 407 / Share
Lot Size 36 Shares
Total Issue Size 1,43,13,400 shares
(Aggregating up to ₹582.56 Cr)
Fresh Issue 1,09,33,660 shares
(Aggregating up to ₹445.00 Cr)
Offer for Sale 33,79,740 shares
(Aggregating up to ₹137.56 Cr)
Employee Discount 37
Issue Type Bookbuilding IPO
Listing At BSE, NSE
Share holding pre issue 10,31,89,592 shares
Share holding post issue 11,41,23,252 shares
Market Maker portion

Smartworks Coworking Spaces Limited Timeline (Tentative Schedule)

Smartworks Coworking Spaces Limited IPO opens on July 10, 2025, and closes on July 14, 2025.

IPO Open Date July 10, 2025
IPO Close Date July 14, 2025
Basis of Allotment July 15, 2025
Initiation of Refunds July 16, 2025
Credit of Shares to Demat July 16, 2025
Listing Date July 17, 2025
Cut-off time for UPI mandate confirmation July 14, 2025

Smartworks Coworking Spaces Limited IPO Lot Size

Investors can bid for a minimum of 36 shares and in multiples thereof. The following table depicts the minimum and maximum investment by individual investors (retail) and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 36 Rs.14,652
Retail (Max) 13 468 Rs.190,476
S-HNI (Min) 14 504 Rs.205,128
S-HNI (Max) 68 2,448 Rs.996,336
B-HNI (Min) 69 2,484 Rs.1,010,988
HNI (Min)

Smartworks Coworking Spaces Limited IPO Promoter Holding

Share Holding Pre Issue 65.19%
Share Holding Post Issue 58.25%

Smartworks Coworking Spaces Limited IPO Reservation

Smartworks Coworking IPO offers a total 1,43,22,614 shares. Out of which 71,10,632 allocated to QIB, 21,33,189 (14.89%) allocated to NII, 49,77,442 (34.75%) allocated to RII.

Investor Category Shares Offered Maximum Allottees
Anchor Investor Shares Offered
Market Maker Shares Offered
Other Shares Offered
QIB Shares Offered 71,10,632
NII (HNI) Shares Offered 21,33,189
14.89%
bNII > ₹10L
sNII < ₹10L
Retail Shares Offered 49,77,442
34.75%
Employee Shares Offered 1,01,351
0.71%
Total Shares Offered 1,43,22,614
100%

Smartworks Coworking Spaces Limited IPO Anchor Investors Details

Smartworks Coworking IPO raises ₹0.00 crore from anchor investors. The Smartworks Coworking IPO anchor bid date is July 9, 2025. 

Bid Date 2025-07-09
Shares Offered
Anchor Portion Size (In Cr.)
Anchor lock-in period end date for 50% shares (30 Days) August 14, 2025
Anchor lock-in period end date for remaining shares (90 Days) September 13, 2025

About Smartworks Coworking Spaces Limited

Founded in 2015, Smartworks Coworking Spaces Limited specializes in providing fully serviced, technologically advanced office spaces with attractive designs and necessary amenities to cater to the unique requirements of businesses and their staff.

The organization provides contemporary campuses with design, technology, and facilities including cafeterias, gyms, childcare centers, and medical centers for the well-being of employees at mid-to-large businesses, including Indian corporates, multinational corporations, and startups.

As of March 31, 2025, the business had 152,619 seats and served 738 customers. There are 169,541 seats and 728 consumers as of right now, with 12,044 seats still unoccupied.

Key Performance Indicator

The market capitalization of Smartworks Coworking IPO is ₹4644.82 Cr.

KPI Values
ROE
ROCE 42.30%
Debt/Equity 2.90
RoNW -58.76%
P/BV 38.58
PAT Margin (%)
  Pre IPO Post IPO
EPS (Rs) -6.12 -5.54
P/E (x)

Objects of the Issue (Smartworks Coworking Spaces Limited IPO Objectives)

Smartworks Coworking Spaces Limited Contact Details

Smartworks Coworking Spaces Limited

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[email protected]

Websitehttps://www.smartworksoffice.com/home/

Smartworks Coworking Spaces Limited IPO Registrar

MUFG Intime India Private Limited (Link Intime)

Phone: +91-22-4918 6270

Email: [email protected]

Website: https://linkintime.co.in/Initial_Offer/public-issues.html

Frequently Asked Questions


What is Smartworks Coworking Spaces Limited IPO?
The Smartworks Coworking Spaces Limited IPO is classified as an Mainline IPO. The issue price is set between ₹387 and ₹407 per equity share. A minimum of 36 shares is required per order. The IPO will be open from July 10, 2025, to July 14, 2025. The shares are proposed to be listed on BSE, NSE.

When does the Smartworks Coworking Spaces Limited IPO open and close?
The Smartworks Coworking Spaces Limited IPO will be opened on July 10, 2025, and closed on July 14, 2025.

What is the issue size of the Smartworks Coworking Spaces Limited IPO?
The size of the Smartworks Coworking Spaces Limited IPO is ₹582.56 Crin total. A fresh issue of 1,09,33,660 shares shares, aggregating up to ₹445.00 Cr, is included.

What is the price band of the Smartworks Coworking Spaces Limited Limited IPO?
The price band for the IPO has been set between ₹387 - ₹407 per equity share.

What is the allotment date of the Smartworks Coworking Spaces Limited IPO?
The share allotment date for the Smartworks Coworking Spaces Limited IPO is set for July 15, 2025.

What is the Smartworks Coworking Spaces Limited listing date?
The Smartworks Coworking Spaces Limited IPO is scheduled to be listed on July 17, 2025.

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