Smartworks Coworking
17 Jul '25MAINBOARD
Min. Investment
₹13,932
Issue size
₹582.56 Cr
GMP
Locked
Overall subscription: 10.56x
Check allotment status
Expert verdict
IPO dates
10 Jul
Opening
14 Jul
Closing
15 Jul
Allotment
17 Jul
Listing
*Refunds will be initiated on 16 Jul '25
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 36 | ₹14,652 |
| HNI (Min) | 14 | 504 | ₹2,05,128 |
Subscription (as on 16 October 2025, 06:30 PM)
Overall10.56x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2015|MD: Mr Neetish Sarda
- Smartworks is a leading managed workspace platform in India, offering flexible and fully serviced office solutions to enterprises. Founded in 2016 by Neetish Sarda and Harsh Binani, the company has grown to become a major player in the Indian coworking space, with a large footprint across multiple cities. Smartworks focuses on providing customized workspaces with a range of amenities to enhance employee experience.
Issue Details & Objective
Lot size
36 Shares
Price band
₹387 to 407
Face value
₹10 per share
- 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
Financials
IPO reservation
Anchor investor - 22.95%
QIB - 38.25%
HNI - 11.48%
Retail - 26.78%
Download DRHP (IPO Doc)FAQs
Should I apply for the Smartworks Coworking IPO?
Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
What is the issue size of Smartworks Coworking IPO?
The issue size of Smartworks Coworking IPO is ₹582.56 Cr
What are the open and close dates for Smartworks Coworking IPO?
The Smartworks Coworking IPO will be open for applications from 10 Jul '25 to 14 Jul '25
What is the lot size and minimum order quantity of Smartworks Coworking IPO?
The lot size of Smartworks Coworking IPO is 36 Shares and its minimum investment amount is ₹13,932.
What is the GMP value of Smartworks Coworking IPO?
Grey market premium (GMP) is a premium amount at which grey market IPO shares are traded before they get listed in the stock exchange. The GMP for Smartworks Coworking IPO is 6.14
