Smartworks Coworking Spaces Ltd. IPO

Smartworks Coworking Spaces IPO is a Rs 582.56 crore book-built issue, comprising a fresh issue of Rs 445 crore (1.09 crore shares) and an offer for sale of Rs 137.56 crore (0.34 crore shares). The IPO opens on July 10, 2025, and closes on July 14, 2025. Allotment is expected on July 15, with listing scheduled for July 17 on BSE and NSE. The price band is Rs 387–407 per share. Retail investors can apply for a minimum of 36 shares, requiring an investment of Rs 13,932. For sNII, the minimum investment is Rs 2,05,128 (504 shares), and bNII is 2,484 shares (amount not disclosed). Additionally, 1,01,351 shares are reserved for employees with a Rs 37 discount.

RHP
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DRHP
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Open Date

2025-07-10

Close Date

2025-07-14

Smartworks Coworking Spaces Ltd. IPO Details

Check out the issue details for Smartworks Coworking Spaces Ltd. IPO as disclosed in SEBI.

Price Band

₹ 387 - 407

Issue Size

582.56 Cr.

Issue Type

Book Built

Open

2025-07-10

Close

2025-07-14

Company Financials

You can get the following financial statements of Smartworks Coworking Spaces Ltd. as of now.

Smartworks Coworking Spaces IPO Details

The details about the Smartworks Coworking Spaces IPO are as follows:

  • The issue size of the IPO is Rs 582.56 Cr.
  • The price band for Smartworks Coworking Spaces IPO is Rs 387 to Rs 407.
  • The shares of Smartworks Coworking Spaces IPO will list on BSE and NSE on 17th July 2025.
  • The latest tentative GMP of Smartworks Coworking Spaces IPO is Rs .
  • The shares of Smartworks Coworking Spaces IPO are subscribed _ Times.

 

Smartworks Coworking Spaces IPO Valuation

The approximate valuation of Smartworks Coworking Spaces IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 407
Existing Shares (Qty) 10.31 Cr
Fresh Issue Rs 445 Cr
Market Cap Rs 4641.17 Cr
EPS (FY25) Rs -6.18
Industry PE 63.18x

 

Smartworks Coworking Spaces IPO Issue Size

Smartworks Coworking Spaces IPO issue size is Rs 582.56 Cr.

Issue Amount
Fresh Issue Rs 445 Cr
Offer For Sale Rs 137.56 Cr

 

Smartworks Coworking Spaces IPO Market Lot

An individual can apply for a minimum of 1 lot of 36 shares and a maximum of 13 lots (468 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 36 Rs 14,652
Retail Maximum 13 468 Rs 1,90,476

 

Smartworks Coworking Spaces IPO Share Offer

The shares of Smartworks Coworking Spaces IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not more than 15%
Retail Individual Not more than 35%

 

Smartworks Coworking Spaces IPO GMP (Grey Market Premium)

As on GMP (Tentative)
8 July 2025 Rs

Smartworks Coworking Spaces IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Smartworks Coworking Spaces IPO Dates

Find below the dates for Smartworks Coworking Spaces IPO

Schedule Date
Basis of Allotment 15 July 2025
Refunds 16 July 2025
Credit to Demat Account 16 July 2025
IPO Listing Date 17 July 2025

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Net Sales 360.24 709.71 1037.87
Total Expenditure 153.92 284.93 377.36
Operating Profit 206.32 424.78 660.51
Other Income 33.97 33.15 75.26
Interest 122.36 236.66 328.32
Depreciation 211.91 356.16 471
Exceptional Items 0 0 0
Profit Before Tax -93.97 -134.9 -63.54
Provision for Tax -24.24 -35.11 -16.52
Net Profit -69.74 -99.79 -47.02
Adjusted EPS (Rs.) -0.9 -1.28 -0.6

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 77.2 77.69 79.01
Total Reserves 37.07 -44.79 -24.63
Borrowings 114.71 299.83 239.75
Other N/C liabilities 2086.92 3260.86 2786.22
Current liabilities 479.32 778.43 953.2
Total Liabilities 2795.22 4372.01 4033.55
Assets
Net Block 2328 3724.33 3404.05
Capital WIP 86.86 41.87 63.31
Intangible WIP 0 0.46 3.16
Investments 0.02 0.03 11.31
Loans & Advances 130.64 155.83 213.18
Other N/C Assets 52.33 80.4 75.35
Current Assets 197.36 369.09 263.2
Total Assets 2795.22 4372.01 4033.55
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2022 Mar 2023 Mar 2024
Profit from operations -93.97 -134.9 -63.54
Adjustment 322.16 545.24 725.86
Changes in Assets & Liabilities -9.32 121.47 106.24
Tax Paid -4.6 -2.58 -18.92
Operating Cash Flow 214.27 529.23 749.65
Investing Cash Flow -92.74 -304.21 -198.46
Financing Cash Flow -113.88 -170.59 -577.18
Net Cash Flow 7.65 54.43 -26
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