Smartworks Coworking Spaces IPO

LISTED
MAINBOARD

NSE • Lot Size: 36 • Mainboard

Issue407
Listed443.63+9%
Now461+13.3%
13.3%

*Last updated on 11 Jan 2026

Price Band

₹387 - ₹407

Lot Size

36

Issue Size

₹582.56 Cr

GMP

N/A

Subscription

13.92x

Analyzing...

IPO Schedule

1

Open

10 Jul 2025

2

Close

14 Jul 2025

3

Allotment

-

4

Listing

17 Jul 2025

About Smartworks Coworking Spaces

Smartworks Coworking Spaces is a leading provider of flexible workspace solutions in India, catering to enterprises, SMEs, and startups. They offer a range of services including private offices, coworking spaces, virtual offices, and managed office solutions.

Key Strengths

  • Strong brand recognition and established presence in the Indian coworking market.
  • Diversified client base across various industries, reducing dependency on any single sector.
  • Scalable business model with potential for expansion into new markets and cities.
  • Focus on providing premium amenities and services to attract and retain clients.
  • Experienced management team with a proven track record in the real estate and coworking industries.

Risk Factors

  • Intense competition from other coworking space providers and traditional office spaces.
  • Economic downturns can impact demand for coworking spaces and occupancy rates.
  • Fluctuations in real estate prices and rental costs can affect profitability.
  • Inability to maintain occupancy rates

Valuation Analysis

Due to the lack of profitability (ROE and P/E not available), it is difficult to accurately assess the valuation of the IPO. Investors should carefully consider the company's growth prospects and competitive landscape before investing.

IPO Details

ExchangeNSE
SegmentMAINBOARD
ISININE0NAZ01010
NSE SymbolSMARTWORKS
Face Value10
Lot Size36
Issue Size₹582.56 Cr

Key Metrics

ROE15.5
ROCE18.2
P/E Ratio35
Industry P/E20
EPS-6.12
Debt/Equity0.6

Subscription

Total0.52x
Imbalance Ratio6.8x

Documents

RHP not available

Key Dates

Open Date10 Jul 2025
Close Date14 Jul 2025
Listing17 Jul 2025