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Awfis Space Solutions Limited

  • Minimum Investment
    ₹14,196
  • Price Range
    ₹364 - ₹383
  • Issue Size
    ₹598.93 Cr
  • Lot Size
    39 shares

Proceeds of this IPO to be used for

Funding capital expenditure towards the establishment of new centers

Funding the working capital requirements

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Awfis Space Solutions Limited

Market leadership

The total addressable market for flexible workspace operators represents a substantial opportunity, projected to reach 282 million sq. ft. and Rs 474-592 billion by 2026. The company is well-positioned to benefit from and capture this growth in the flexible workspace segment

Innovation

The company has reimagined its workspace sourcing strategy with the distinctive MA model, marking a paradigm shift in the conventional coworking industry. The MA model continues to be a key part of its supply strategy, contributing to an increased percentage of operational seats

Strong financial metrics

From FY21 to FY23, the revenue from contracts with customers has grown at a CAGR of 74.9% from Rs 178.4 crore to Rs 545.3 crore, and its total income has increased at a CAGR of 61.8%

Diverse space sourcing

The company's diverse supply sourcing strategy targets all segments of the Indian commercial office market, spanning from organized to unorganized, institutional to non-institutional, and across various grades and classes of properties

Net losses

The company has a history of net losses and has experienced negative cash flows in previous fiscals. It needs to generate and sustain increased revenues while managing its expenses to achieve profitability. The inability to achieve these goals may have an adverse effect on the business

Competitive pressures

The company faces significant competitive pressures in the business. Its inability to compete effectively would be detrimental to the business and prospects for future growth

Legal proceedings

The company is involved in certain legal proceedings. Any adverse decision in these proceedings may render it liable to liabilities/penalties and may adversely affect the business

Negative cash flows

The company has experienced negative cash flows in previous fiscal periods and may continue to do so in the future

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Current Liabilities--
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
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About Awfis Space Solutions Limited

Awfis Space Solutions was incorporated on May 14, 2024. The company offers a diverse range of flexible workspace solutions, catering to individual flexible desk needs and customized office spaces for startups, small and medium enterprises, as well as large corporates and multinational corporations. Its flexible workspace solutions accommodate various seat cohorts, from a single seat to multiple seats, available for clients to contract for periods ranging from one hour to several years.
  • Promoter
    Amit Ramani
  • Promoter
    Peak XV Partners Investments V

Awfis Space Solutions Limited IPO FAQs

What is Awfis Space Solutions Limited IPO?

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Awfis Space Solutions Limited IPO refers to the initial public offering of shares by Awfis Space Solutions Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Awfis Space Solutions Limited IPO?

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For Awfis Space Solutions Limited IPO the issue size is ₹599 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Awfis Space Solutions Limited IPO?

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For Awfis Space Solutions Limited IPO the minimum investment is ₹14,196. The minimum investment for Awfis Space Solutions Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Awfis Space Solutions Limited IPO?

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For Awfis Space Solutions Limited IPO the lot size is 39 shares. The lot size of Awfis Space Solutions Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Awfis Space Solutions Limited IPO on Share.Market?

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To apply for Awfis Space Solutions Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Awfis Space Solutions Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Awfis Space Solutions Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Awfis Space Solutions Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Awfis Space Solutions Limited IPO?

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For Awfis Space Solutions Limited IPO the allotment date is May 28, 2024. The allotment date of Awfis Space Solutions Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Awfis Space Solutions Limited IPO?

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For Awfis Space Solutions Limited IPO, the subscription opens on May 22, 2024 and closes on May 27, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
108.15x Oversubscribed
Trade
Bidding Ongoing
-
Total Subscription
108.15x Oversubscribed
Trade