Smartworks Coworking Spaces Limited IPO
Smartworks Coworking Spaces Limited was a mainboard IPO in the Diversified Commercial Services sector, offered at ₹387–₹407 per share to raise ₹890 crore. The issue was subscribed 13.45× overall (QIBs 24.41×, NIIs 22.78×, retail 3.53×). It listed on 17 Jul 2025 at ₹435 and closed its first day at ₹445, a listing gain of +9.3% versus the ₹407 issue price. It now trades around ₹480 (+18.1% versus the issue price).
Frequently asked questions
- How many times was the Smartworks Coworking Spaces Limited IPO subscribed?
- The Smartworks Coworking Spaces Limited IPO was subscribed 13.45× overall — 24.41× in the QIB category, 22.78× among non-institutional investors, 3.53× in retail.
- What were the Smartworks Coworking Spaces Limited IPO listing gains?
- Smartworks Coworking Spaces Limited listed on 17 Jul 2025 at ₹435, closing its first day at ₹445 — a listing gain of +9.3% versus the ₹407 issue price.
- What were the retail allotment odds for the Smartworks Coworking Spaces Limited IPO?
- Retail was subscribed 3.53×, so a single-lot application had roughly a 28.3% chance of allotment (about 1 in 4), and allotment was finalised on 15 Jul 2025.
- What was the price band and lot size of the Smartworks Coworking Spaces Limited IPO?
- The price band was ₹387–₹407 per share, with a minimum lot of 36 shares (₹14,652 at the upper band).
- Who were the registrar and lead manager for the Smartworks Coworking Spaces Limited IPO?
- MUFG Intime India Private Limited was the registrar, and JM Financial was the book-running lead manager.