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Smartworks Coworking Spaces Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Smartworks Coworking Spaces Ltd IPO

Registered Office: Unit #.305-310 Plot No 9/10/11,Vardhaman Trade Centre Nehru P , New Delhi - 110019 , Delhi , India.
Phone : +91 83840 62876   Fax:
Email :  companysecretary@sworks.co.in  
Website :  www.smartworksoffice.com
initial public offering of up to [*] equity shares of face value of (Rs)10 each ("Equity Shares") of Smartworks Coworking Spaces Limited ("Company") for cash at a price of (Rs)[*] per equity share (including a premium of (Rs)[*] per equity share) ("offer price") aggregating up to (Rs)[*] crores (the "offer") comprising a fresh issue of up to [*] equity shares of face value of (Rs)10 each aggregating up to (Rs)445.00 crores (the "fresh issue") and an offer for sale of up to 3,379,740 equity shares of face value of (Rs)10 each aggregating up to (Rs)[*] crores (the "offer for sale"), consisting of an offer for sale of up to 490,000 equity shares of face value of (Rs)10 each aggregating up to (Rs)[*] crores by NS Niketan llp, up to 310,000 equity shares of face value of (Rs)10 each aggregating up to (Rs)[*] crores by SNS Infrarealty llp and up to 2,579,740 equity shares of face value of (Rs)10 each aggregating up to (Rs)[*] crores by space solutions india pte. ltd. (formerly lisbrine pte limited) (collectively, the "selling shareholders" and such equity shares, the "offered shares"). the offer includes a reservation of up to [*] equity shares aggregating up to (Rs)3.75 crores, for subscription by eligible employees (as defined hereinafter) (the "employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the "net offer". The offer and the net offer will constitute [*]% and [*]% of the post offer paid-up equity share capital, respectively. The company, in consultation with the book running lead managers, may offer a discount of up to [*]% (equivalent of (Rs)[*] per equity share) to the offer price to eligible employees bidding under the employee reservation portion ("employee discount"). Price Band: (Rs)387 to (Rs)407 per equity share of face value of (Rs)10 each. The floor price is 38.7 times of the face value and the cap price is 40.7 times of the face value. Bidscan be made for the minimum of 36 equity shares and in multiples of 36 equity shares thereafter. A discount of (Rs)37 per equity shares is being offered to eligible employees bidding in the employee reservation portion.

Issue Money Payable On
Opens On Closes On Application Allotment
10-Jul-25 14-Jul-25 (Rs)387.00-407.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :36  Further Multiples of :36

  (Rs Cr) Lead Managers to the Issue
Project Cost 0.00
BOB Capital Markets Ltd
Project Financed through Current Offer 575.80  
Post Issue Equity Share Capital 114.12  
Issue Price (Rs)387.00  
 
Projects
Repayment/prepayment/redemption in full or in part of certain borrowings availed by the companyGeneral corporate purposes
Capital exp for fit-outs in the new centres and for security deposits of the new centres
Promoted By
Neetish Sarda  
Harsh Binani  
Saumya Binani  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd