Smartworks Coworking Spaces Limited

  • Minimum Investment
    ₹13,932
  • Price Range
    ₹387 - ₹407
  • Issue Size
    ₹582.56 Cr
  • Lot Size
    36 shares

Proceeds of this IPO to be used for

Repayment/ prepayment/ redemption, in full or in part, of certain borrowings availed by the company

Capital expenditure for fit-outs in the new centres and for security deposits of the new centres

General corporate purposes

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Strengths & Weaknesses of Smartworks Coworking Spaces Limited

Market Leadership

The company is the largest managed campus operator among its benchmarked peers in terms of total stock. As of FY24, it operates the highest number of centers among its peers.

Financial Stability

The company's payback period for capital invested at the center level is shorter than the industry average. While the industry payback period is typically 53-54 months from the fit-out commencement, as of March 31, 2024, the company's mature centers have an average payback period of 30-32 months.

Custom enterprise requirements

The company serves teams of all sizes, with a focus on mid and large enterprises needing over 300 seats. Its ability to meet customized needs is shown by client deals of 6,300+ seats in FY25, 4,800+ in FY24, and 3,500+ in FY23

Lease Renewal Issue

The company leases entire or large properties from passive and non-institutional landlords for periods ranging from 10 to 15 years. Contractual arrangements usually ensure that landlords are committed for the entire lease duration. However, existing landlords might opt for competitors offering better commercial terms.

Legal proceedings

The company, along with some of its promoters and directors, is involved in certain legal proceedings. Any adverse decision in these cases could result in liabilities or penalties, potentially impacting the company's business, financial condition, operations, and cash flows.

Depend on property acquisition

The company’s success relies on securing suitable properties at optimal locations and rental terms. Failure to do so may impact its business, cash flow, and profitability

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.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

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--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Smartworks Coworking Spaces Limited

Smartworks Coworking Spaces was incorporated on December 17, 2015. The company offers services designed to enhance productivity for Indian enterprises and their employees by providing value-centric pricing and a superior office experience compared to traditional workspaces, along with access to enhanced services and amenities.
  • Promoter
    Neetish Sarda
  • Promoter
    Harsh Binani
  • Promoter
    Saumya Binani
  • Promoter
    NS Niketan LLP
  • Promoter
    SNS Infrarealty LLP
  • Promoter
    Aryadeep Realestates Private Limited

Smartworks Coworking Spaces Limited IPO FAQs

What is Smartworks Coworking Spaces Limited IPO?

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Smartworks Coworking Spaces Limited IPO refers to the initial public offering of shares by Smartworks Coworking Spaces 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 Smartworks Coworking Spaces Limited IPO?

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For Smartworks Coworking Spaces Limited IPO the issue size is ₹583 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 Smartworks Coworking Spaces Limited IPO?

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For Smartworks Coworking Spaces Limited IPO the minimum investment is ₹13,932. The minimum investment for Smartworks Coworking Spaces 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 Smartworks Coworking Spaces Limited IPO?

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For Smartworks Coworking Spaces Limited IPO the lot size is 36 shares. The lot size of Smartworks Coworking Spaces 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 Smartworks Coworking Spaces Limited IPO on Share.Market?

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To apply for Smartworks Coworking Spaces 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 Smartworks Coworking Spaces 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 Smartworks Coworking Spaces 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 Smartworks Coworking Spaces 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 Smartworks Coworking Spaces Limited IPO?

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For Smartworks Coworking Spaces Limited IPO the allotment date is July 15, 2025. The allotment date of Smartworks Coworking Spaces 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 Smartworks Coworking Spaces Limited IPO?

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For Smartworks Coworking Spaces Limited IPO, the subscription opens on July 10, 2025 and closes on July 14, 2025. 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
13.44x Oversubscribed
Bidding Ongoing
-
Total Subscription
13.44x Oversubscribed