Smartworks Coworking Spaces Ltd. News and Updates

Name: Latest research reports of Smartworks Coworking Spaces Ltd. authored by Deven Choksey and published by - Trendlyne research reports.
Item: Smartworks Coworking Spaces Ltd.
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Author: Deven Choksey

Keep track of all breaking news on Smartworks Coworking Spaces Ltd. from all sources in a single place.

Smartworks Coworking Spaces Ltd.

14 Jul 2025

458.00

0.83%

Smartworks Coworking IPO subscribed 13.45 times on final bidding day

Business Standard

The Rs 583-crore initial public offer of Smartworks Coworking Spaces Ltd garnered 13.45 times subscription on the closing day of bidding on Monday. The three-day IPO received bids for 13,99,08,852 shares against 1,04,01,828 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) attracted 24.41 times subscription. Non-Institutional Investors part got subscribed 22.78 times and Retail Individual Investors (RIIs) part received 3.53 times subscription. Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors. The IPO of Smartworks Coworking Spaces hit the capital market on Thursday last week to raise nearly Rs 600 crore as the company intends to expand its business and reduce debt. The company has fixed a price band of Rs 387-407 per share for its IPO. The size of the fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the offer for sale (OFS) by promoters has been cut to 33.79 lakh shares from

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Smartworks Coworking Spaces Ltd.

11 Jul 2025, 06:16PM

458.00

0.83%

Smartworks Coworking IPO fully subscribed; 1.15 times on Day 2 of offering

Business Standard

The initial public offering (IPO) of Smartworks Coworking Spaces Ltd got subscribed 1.15 times on day two of bidding on Friday. The IPO received bids for 1,19,96,496 shares against 1,04,01,828 shares on offer, according to NSE data. The portion for non-institutional investors received 1.79 times subscription while the quota for retail individual investors (RIIs) got subscribed 1.18 times. The category for qualified institutional buyers (QIBs) received 63 per cent subscription. Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors. The IPO of Smartworks Coworking Spaces hit the capital market on Thursday to raise nearly Rs 600 crore as the company intends to expand its business and reduce debt. The company has fixed a price band of Rs 387-407 per share for its IPO, which will close on July 14. The size of the fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the offer for sale (OFS) by promoters has been cut to 33.79 l

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Smartworks Coworking Spaces Ltd.

10 Jul 2025

458.00

0.83%

IPO Note

IPO Note: Smartworks Coworking Space...

Deven Choksey

Smartworks Coworking Spaces initial issue is priced at 5.8x TTM EV/EBITDA compared to 14.4x of its domestic listed peer and industry avg. of 6.8x TTM EV/EBITDA of global listed peers. Moreover, the issue is priced at 20.4x FY25 EV/Adj. Cash EBITDA compared to 49.9x FY25 EV/Adj. Cash EBITDA of its domestic listed peer.

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Smartworks Coworking Spaces Ltd.

10 Jul 2025

458.00

0.83%

SMARTWORKS COWORKING SPACES LTD.

IPO Note: Smartworks Coworking Space...

Ventura

IPO NOTE

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Smartworks Coworking Spaces Ltd.

09 Jul 2025

458.00

0.83%

Smartworks Coworking Raises Rs 174 Crore From Anchor Investors

NDTV Profit

Three domestic mutual funds have applied through four schemes.

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Smartworks Coworking Spaces Ltd.

09 Jul 2025

458.00

0.83%

SMARTWORKS COWORKING SPACE LIMITED

IPO Note: Smartworks Coworking Space...

Hem Securities

Company an office experience and managed Campus platform. As of March 31, 2024, company was the largest managed campus operator, amongst the benchmarked operators in terms of total stock, with a lease signed portfolio of 8.0 million square feet. Company have leased, and company manage a total SBA of 8.99 million square feet as of March 31, 2025. Company strive to make Enterprises and their employees in India more productive at work by providing value-centric pricing and superior office...

No SMAs available

Smartworks Coworking Spaces Ltd.

09 Jul 2025

458.00

0.83%

Smartworks Coworking Spaces Ltd

IPO Subscribe: Smartworks Coworking Space...

AUM Capital

Incorporated in 2015, Smartworks Coworking Spaces Ltd (SCSL) is engaged in the business of customized managed workspace solutions, offering fully serviced, tech-enabled office environments with aesthetic...

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Smartworks Coworking Spaces Ltd.

08 Jul 2025

458.00

0.83%

Ahead of July 10 listing, Smartworks reports 382 cr debt as of Apr-end

Business Standard

Smartworks Coworking Spaces, which plans to launch IPO on July 10, has said that the company's total debt stood at Rs 382 crore at the end of April. Gurugram-based Smartworks currently has 48 operational centres with over 1.9 lakh seating capacities. "Our total outstanding borrowings as on April 30, 2025, were Rs 3,819.67 million, on a consolidated basis," the company said in a Red Herring Prospectus (RHP) filed with SEBI. Smartworks will hit the capital market on July 10 to launch its Initial Public Offering (IPO). The issue will close on July 14. The company has revised its IPO size downward. The size of the fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the Offer For Sale (OFS) by promoters has been cut to 33.79 lakh shares from 67.59 lakh shares. Out of the total proceeds from the fresh issue of shares, the company will use Rs 226 crore for capital expenditure related to the fit-outs in new centres and security deposits for these ne

No SMAs available

Smartworks Coworking Spaces Ltd.

08 Jul 2025

458.00

0.83%

Smartworks Coworking Spaces Limited IPO Note

IPO Avoid: Smartworks Coworking Space...

SBI Securities

Smartworks Coworking Spaces Ltd (SCSL) is an office experience and managed campus platform with a leased & managed total super built-up area (SBA) of 8.99 mn sq ft across 50 centres and 15 cities as of Mar'25. SCSL was the largest managed campus operator amongst peers in terms of total stock as of Mar'24. The company operates by leasing entire bare-shell properties in prime location from landlords and transforming them into fully serviced, aesthetically pleasing and tech-enabled campuses. The company's capacity as of Jun'25 stood at 2,31,548 total seats across 48 operational campuses (1,90,421 seats), 2 fit-out...

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Smartworks Coworking Spaces Ltd.

07 Jul 2025

458.00

0.83%

IPO-bound Smartworks FY25 loss widens to 63 cr, revenue rises 32%

Business Standard

Smartworks Coworking Spaces, which plans to launch IPO on July 10, has posted a net loss of Rs 63.17 crore in the last financial year despite rise in income from operations. Its net loss stood at Rs 49.95 crore in the preceding 2023-24 financial year. However, the revenue from operations rose to Rs 1,374.05 crore in the 2024-25 fiscal year from Rs 1,039.36 crore in the preceding year, according to red herring prospectus (RHP) filed by the company. Gurugram-based Smartworks currently has 48 operational centres with over 1.9 lakh seating capacities. "These losses were on account of our total income being lower than the expenses for the relevant fiscal," the company said in the RHP. Smartworks said it aims to generate and sustain increased revenue levels and decrease proportionate expenses in future periods to achieve profitability. Smartworks will hit the capital market on July 10 to launch its initial public offering (IPO). The issue will conclude on July 14. The company has rev

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Smartworks Coworking Spaces Ltd. News and Updates

Keep track of all breaking news on Smartworks Coworking Spaces Ltd. from all sources in a single place.