Smartworks Coworking Spaces IPO GMP & Review: Apply or Avoid?

Smartworks Coworking Spaces IPO is open for bidding on 10th July 2025. It is a book-building IPO of 1.43 crore shares worth ₹582.56 crores, comprising a fresh issue of 1.09 crore shares worth ₹445.00 crores and an offer for sale of 33.80 lakh shares worth ₹137.56 crores. The issue will be listed on BSE and NSE on its tentative listing date, 17th July 2025. 

Smartworks Coworking Spaces IPO Details 

The Smartworks Coworking Spaces IPO date is fixed between 10th July 2025 and 14th July 2025. The face value of Smarten Power Systems Limited shares stands at ₹10 per share, and the IPO price band is fixed at ₹387 to ₹407 per share. 

MUFG Intime India Private Limited is the registrar of the Smartworks Coworking Spaces IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below. 

Smartworks Coworking Spaces IPO Share Reservation

Smartworks Coworking Spaces IPO is a bookbuilding IPO issue of 1.43 crore shares worth ₹582.56 crores. Smartworks Coworking Spaces Limited shares will be listed on the BSE and NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories. 

Click here to download Smartworks Coworking Spaces RHP for detailed information.

Smartworks Coworking Spaces IPO GMP Grey Market Premium

GMP is the gap between the price band of the issue and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the Smartworks Coworking Spaces IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

As of 9th July 2025, Smartworks Coworking Spaces IPO GMP stands at ₹29 per share, which means the share will likely show a listing at ₹436 (407+29) on its tentative listing date, 17th July 2025.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the Smartworks Coworking Spaces IPO. 

Stay updated on Univest to know about live IPOs and their GMP trends! 

Smartworks Coworking Spaces IPO Review

Check out the detailed Smartworks Coworking Spaces IPO review for a thorough understanding of its potential to report listing gains on 17th July 2025. The Smartworks Coworking Spaces IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO. 

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the growth margins and declines of the business’s financials before applying for the Smartworks Coworking Spaces IPO.

Smartworks Coworking Spaces Limited’s revenue rose 26.64% from ₹1,13.11 crores in March 2024 to ₹1,409.67 crores in March 2025. Moreover, the company’s PAT decreased by -26.46% from -₹49.96 crores to -₹63.18 crores. 

Smartworks Coworking Spaces Limited has shown consistent revenue growth, indicating that the company is financially stable. Moreover, the brokers, investors, and RAs have a positive outlook for the Smartworks Coworking Spaces IPO for its tentative listing day, which is 17th July 2025.  

Technical Analysis

A number of technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the Smartworks Coworking Spaces IPO.

The PE ratio of Smartworks Coworking Spaces Limited shares is [], and its Earnings Per Share (EPS) stands at -6.12. Thus, the Smartworks Coworking Spaces IPO can potentially deliver gains on its tentative listing date, 17th July 2025. 

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of Smartworks Coworking Spaces Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics. 

Smartworks Coworking Spaces Limited Peer Comparison

Smartworks Coworking Spaces IPO Subscription Status

Smartworks Coworking Spaces IPO is to be opened for bidding on 9th July 2025. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live Smartworks Coworking Spaces IPO Subscription Status. 

About Smartworks Coworking Spaces Limited

Smartworks Coworking Spaces Limited was incorporated in 2015 and is engaged in the business of customised managed workspace solutions. It serves mid-to-large enterprises including Indian corporates, MNCs, and startups. As of 31st March 2025, the company served 738 clients with 1,52,619 seats. Moreover, it has 728 clients and 1,69,541 seats with 12,044 seats yet to be occupied. Here are the major competitive strengths of Smartworks Coworking Spaces Limited.

• Market Leadership Backed by Scale and Steady Growth.
• Ability to Lease and Transform Entire/Large Properties.
• Focus on Acquiring Enterprises Clients With Higher Seat Requirements.
• Cost Efficient Execution Capabilities.
• Risk Mitigation Strategies.

Smartworks Coworking Spaces Limited Financials

The company’s financial analysis is essential before applying for the Smartworks Coworking Spaces IPO. Look at the table to learn about Smartworks Coworking Spaces Limited’s financials. 

Explanation

Smartworks Coworking Spaces Limited’s revenue rose 26.64% from ₹1,13.11 crores in March 2024 to ₹1,409.67 crores in March 2025. Moreover, the company’s PAT decreased by -26.46% from -₹49.96 crores to -₹63.18 crores. 

Also Read : White Force IPO GMP & Review: Apply or Avoid?

Smartworks Coworking Spaces IPO Bidding Requirements

Smartworks Coworking Spaces IPO has reserved lot sizes to be applied by different investor categories. Look at the table below to know about the requirements to be fulfilled for applying for this IPO. 

Use the lot size calculator to find how many shares you should apply!

Smartworks Coworking Spaces IPO Promoter Holdings

Have a look at the table below to check the holdings of Smartworks Coworking Spaces Limited’s promoters: Neetish Sarda, Harsh Binani, Saumya Binani, NS Niketan LLP, SNS Infrareality LLP, and Aryadeep Realstates Private Limited. 

Note: Promoter Holdings’ value is to be calculated using Equity dilution, which represents the gap between shareholdings before and after the Issue. 

Aim of Smartworks Coworking Spaces IPO

The primary aim of the Smartworks Coworking Spaces IPO is to raise ₹582.56 crores. On the other hand, Smartworks Coworking Spaces Limited has decided to utilise these funds in different prospects. Explore some of the secondary objectives for the Smartworks Coworking Spaces IPO.

• To meet general corporate purposes. 
• To repay certain borrowings.
• To meet the capital expenditure for fit-outs in the New Centres. 

Should I Invest in Smartworks Coworking Spaces IPO?

“SCSL has emerged one of the leading suppliers of office experience and managed campus platforms. It’s thrust on MNC customers with long term contracts has yielded desired benefits. The company has posted growth in its top lines with cash EBITDA at gross levels. It posted losses at net levels following accounting provisioning required new accounting standards. Prima facie the issue appears negatively priced, but has good cash surplus for the reported periods. Well-informed/Cash surplus investors may park moderate funds for medium to long term.”~Dilip Davda (Chief Editor at Chittorgarh)

Explore the pros and cons of Smartworks Coworking Spaces IPO to know whether you should apply or avoid the issue. These pros and cons might help you know about the IPO’s efficiency in delivering profits in the coming decades. 

Pros of Smartworks Coworking Spaces IPO

• Market Leadership
• Focus on Acquiring Enterprise Clients
• Financial Acumen and Strategic Execution

Cons of Travel Food Services IPO

• Burning Cash
• High Debt

How to Apply for Smartworks Coworking Spaces IPO?

Check the steps mentioned below to apply for the Smartworks Coworking Spaces IPO. 

• Step 1: Conduct thorough research on Smartworks Coworking Spaces IPO GMP, subscription status, issue size, lot size, and other details. 
• Step 2: Open a demat account on Univest to learn about real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section. 
• Step 3: Make a bid for 1 lot of 36 shares worth ₹14,652 of Smartworks Coworking Spaces IPO.   
• Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.    

Note: You can apply for the Smartworks Coworking Spaces IPO from more than one demat account to increase your allotment chances. 

How to Check Smartworks Coworking Spaces IPO Allotment Status?

You can check for Smartworks Coworking Spaces IPO allotment in different ways. These include NSE and the registrar portal. Look at the steps mentioned below to check your allotment status online.

Check On NSE

• Visit the NSE Official Website.
• Navigate to the IPO Allotment Section. 
• Select Equity as the issue type. 
• Choose Smartworks Coworking Spaces IPO.  
• Choose whether to proceed with the PAN number or the application number.
• Submit your details to get the allotment status online. 

Check On the Registrar Portal

• Visit the registrar portal. 
• Click on the allotment option.
• Fill in the required details.
• Click on the submit button to know your Smartworks Coworking Spaces IPO allotment status.

Let’s Wrap

Smartworks Coworking Spaces IPO is a book building issue of 1.43 crore shares worth ₹582.56 crores. The shares of Smartworks Coworking Spaces Limited will be listed on NSE and BSE on its tentative listing date of 17th July 2025. Researching the Smartworks Coworking Spaces IPO GMP and reviews is highly suggested to book your ideal profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

Also Read : Globe Civil Projects IPO GMP & Review: Apply or Avoid?

FAQs on Smartworks Coworking Spaces IPO

How is the Smartworks Coworking Spaces IPO?

Ans. Currently, on 9th July 2025, Smartworks Coworking Spaces IPO GMP (Grey Market Premium) stands at ₹29 (7.12% up). It indicates that the estimated listing price could be ₹436 per share. It is a book building IPO of 1.43 crore shares worth ₹582.56 crores, comprising a fresh issue of 1.09 crore shares worth ₹445.00 crores and an offer for sale of 33.80 lakh shares worth ₹137.56 crores. The face value of each share of Smartworks Coworking Spaces Limited is ₹10. 

What is the Smartworks Coworking Spaces IPO price?

Ans. Smartworks Coworking Spaces IPO price band has been set between ₹387 and ₹407 per share. Retail investors can apply for a minimum of 1 lot consisting of 36 shares worth ₹14,652. Moreover, HNIs are required to bid for a minimum of 14 lots (504 shares) worth ₹2,05,128. 

Is the Smartworks Coworking Spaces IPO good?

Ans. Smartworks Coworking Spaces Limited’s revenue rose 26.64% from ₹1,13.11 crores in March 2024 to ₹1,409.67 crores in March 2025. Moreover, the company’s PAT decreased by -26.46% from -₹49.96 crores to -₹63.18 crores. Investors can analyse other relevant factors and make a decision accordingly.

Who is the registrar of the Smartworks Coworking Spaces IPO?

Ans. MUFG Intime India Private Limited is the registrar of the Smartworks Coworking Spaces IPO, awaiting to manage the IPO allotment procedure and refund initiation. For any queries regarding the Smartworks Coworking Spaces IPO allotment and refund, you can contact MUFG Intime India Private Limited at ipo.helpdesk@linkintime.co.in or +91-22-4918 6270.

What is the issue size of the Smartworks Coworking Spaces IPO? 

Ans. Smartworks Coworking Spaces IPO is a book building IPO for 1.43 crore shares worth ₹582.56 crore. Moreover, the IPO is set to open on 9th July 2025 and will close on 14th July 2025. 

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the Smartworks Coworking Spaces IPO, download the Smartworks Coworking Spaces IPO RHP and Smartworks Coworking Spaces IPO DRHP. Conduct your own research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.

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