Smartworks Coworking Spaces Limited IPO Details – Price, Date, GMP & Analysis
Smartworks Coworking Spaces Limited IPO Overview
Key IPO Details
Investment Summary
The Smartworks Coworking Spaces Limited IPO IPO is a mainboard offering scheduled to open on July 10. The issue is priced at ₹407 per share, with a minimum application of 36 shares.
Status: Listed and trading
How to Apply for Smartworks Coworking Spaces Limited IPO
To apply for the Smartworks Coworking Spaces Limited IPO, you need a demat account with any SEBI-registered broker, PAN card, and UPI or bank account for payment.
Application Process
- Log into your broker's platform or app
- Navigate to IPO section and select Smartworks Coworking Spaces Limited IPO
- Enter bid quantity (minimum 36 shares)
- Choose cut-off price or enter specific price
- Make payment via UPI or ASBA
- Submit application before July 14
Required Documents
- Active demat account
- PAN card
- Bank account linked to demat
- UPI ID for payment
- Valid mobile number and email
Minimum Investment: ₹14,652(approx. based on lower price band)
Company Overview
Smartworks Coworking Spaces Limited, incorporated in 2015, provides customized managed workspace solutions with fully serviced, tech-enabled office environments and essential amenities tailored for enterprises and their employees. As of March 31, 2024, the company has 651 permanent employees.
Grey Market Premium (GMP)
IPO Timeline
Open Date
Thu, Jul 10, 2025
CompletedClose Date
Mon, Jul 14, 2025
CompletedAllotment
Tue, Jul 15, 2025
CompletedRefund Process
Wed, Jul 16, 2025
CompletedCredit to Demat
Wed, Jul 16, 2025
CompletedListing Date
Thu, Jul 17, 2025
CompletedSubscription Status
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 24.92x | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 23.68x | Oversubscribed |
| RII (Retail Individual Investors) | 3.69x | Oversubscribed |
| Total Subscription | 13.92x | Oversubscribed |
Last updated: Invalid Date
IPO Details
Smartworks Coworking Spaces IPO Details
| IPO Date | July 10, 2025 to July 14, 2025 |
| Listing Date | July 17, 2025 |
| Face Value | ₹10 per share |
| Issue Price | ₹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 ₹582.56 Cr) |
| Fresh Issue | 1,09,33,660 shares (aggregating up to ₹445.00 Cr) |
| Offer for Sale | 33,79,740 shares of ₹10 (aggregating up to ₹137.56 Cr) |
| ₹37.00 | |
| 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 |
Smartworks Coworking Spaces IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| QIB Shares Offered | 71,10,632 (49.65%) | NA |
| − Anchor Investor Shares Offered | 42,66,378 (29.79%) | NA |
| − QIB (Ex. Anchor) Shares Offered | 28,44,254 (19.86%) | NA |
| NII (HNI) Shares Offered | 21,33,190 (14.89%) | NA |
| − bNII > ₹10L | 14,22,126 (9.93%) | 2,821 |
| − sNII < ₹10L | 7,11,063 (4.96%) | 1,410 |
| Retail Shares Offered | 49,77,442 (34.75%) | 1,38,262 |
| Employee Shares Offered | 1,01,351 (0.71%) | NA |
Smartworks Coworking Spaces IPO Timeline (Tentative Schedule)
| IPO Open Date | Thu, Jul 10, 2025 |
| IPO Close Date | Mon, Jul 14, 2025 |
| Tentative Allotment | Tue, Jul 15, 2025 |
| Initiation of Refunds | Wed, Jul 16, 2025 |
| Credit of Shares to Demat | Wed, Jul 16, 2025 |
| Tentative Listing Date | Thu, Jul 17, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 14, 2025 |
Smartworks Coworking Spaces IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | ₹14,652 |
| Retail (Max) | 13 | 468 | ₹1,90,476 |
| S-HNI (Min) | 14 | 504 | ₹2,05,128 |
| S-HNI (Max) | 68 | 2,448 | ₹9,96,336 |
| B-HNI (Min) | 69 | 2,484 | ₹10,10,988 |
Smartworks Coworking Spaces IPO Promoter Holding
| Share Holding Pre Issue | 65.19% |
| Share Holding Post Issue | 58.25% |
Smartworks Coworking Spaces IPO Listing Details
| July 17, 2025 |
| 544447 |
| SMARTWORKS |
| INE0NAZ01010 |
| ₹407 per share |
| EQ |
| B |
Financial Information
Company FinancialsSmartworks Coworking Spaces Limited Financial Information (Restated Consolidated)
| 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 |
Key Dates
Smartworks Coworking Spaces Limited IPO IPO Review & Analysis
Should I Apply for Smartworks Coworking Spaces Limited IPO?
The Smartworks Coworking Spaces Limited IPO decision depends on your risk tolerance, investment goals, and analysis of company fundamentals. Consider factors like business model, financial performance, industry prospects, and valuation before applying.
Key Positives
- • Mainboard listing provides credibility
- • Issue size of ₹582.93 Cr indicates scale
- • Regulated by SEBI guidelines
Key Considerations
- • Analyze company financials thoroughly
- • Check Grey Market Premium trends
- • Consider market conditions
Smartworks Coworking Spaces Limited IPO Allotment Details
Allotment Timeline
How to Check Allotment
- • Visit registrar's official website
- • Enter PAN or application number
- • Check through broker's platform
- • Use our universal allotment tracker
Tip: Smartworks Coworking Spaces Limited IPO IPO allotment status will be available approximately 2-3 days after the issue closes. Successful applicants will receive shares in their demat account before listing.