The Awfis Space Solutions Limited date has been confirmed from May 22, 2024 – May 27, 2024.
Awfis Space Solutions IPO is a book built issue of Rs 598.93 crores. The issue is a combination of fresh issue of 0.33 crore shares aggregating to Rs 128.00 crores and offer for sale of 1.23 crore shares aggregating to Rs 470.93 crores. Awfis Space Solutions Limited IPO is a book built issue. The issue comprises of fresh issue of Rs 128.00 crore and offer for sale of 1.23 crore shares.
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Key Details Of Awfis Space Solutions Limited IPO
Bidding Dates
May 22- 27
Price Range
₹364 to ₹383 per share
Face Value
₹10 per share
GMP
₹84
Awfis Space Solutions Limited IPO GMP
The Awfis Space Solutions Limited IPO GMP is ₹84.
IPO Overview
Awfis Space Solutions IPO opens for subscription on May 22, 2024 and closes on May 27, 2024. The allotment for the Awfis Space Solutions IPO is expected to be finalized on Tuesday, May 28, 2024. Awfis Space Solutions IPO will list on BSE, NSE with tentative listing date fixed as Thursday, May 30, 2024. The company offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations. Awfis Space Solutions IPO opens for subscription on May 22, 2024 and closes on May 27, 2024.
The allotment for the Awfis Space Solutions IPO is expected to be finalized on Tuesday, May 28, 2024. Awfis Space Solutions IPO will list on BSE, NSE with tentative listing date fixed as Thursday, May 30, 2024.
Awfis Space Solutions Limited IPO Details
| IPO Date | May 22, 2024 to May 27, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹364 to ₹383 per share |
| Lot Size | 39 Shares |
| Total Issue Size | 15,637,736 shares (aggregating up to ₹598.93 Cr) |
| Fresh Issue | 3,342,037 shares (aggregating up to ₹128.00 Cr) |
| Offer for Sale | 12,295,699 shares of ₹10 (aggregating up to ₹470.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 66,075,779 |
| Share holding post issue | 69,417,816 |
Awfis Space Solutions Limited IPO Timeline
| IPO Open Date | Wednesday, May 22, 2024 |
| IPO Close Date | Monday, May 27, 2024 |
| Basis of Allotment | Tuesday, May 28, 2024 |
| Initiation of Refunds | Wednesday, May 29, 2024 |
| Credit of Shares to Demat | Wednesday, May 29, 2024 |
| Listing Date | Thursday, May 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 27, 2024 |
Awfis Space Solutions Limited Financial Information
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,352.25 | 930.61 | 559.69 | 508.58 |
| Revenue | 633.69 | 565.79 | 278.72 | 216.02 |
| Profit After Tax | -18.94 | -46.64 | -57.16 | -42.64 |
| Net Worth | 247.19 | 169.36 | 94.72 | 150.75 |
| Reserves and Surplus | -265.56 | -204.30 | -223.37 | -167.12 |
| Total Borrowing | 23.72 | 10.92 | 12.11 | 2.97 |
| Amount in ₹ Crore | ||||
Awfis Space Solutions IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Net Issue |
| Retail Shares Offered | Not more than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Company Profile
Awfis Space Solutions Ltd. (‘Awfis’) is the leading company in India that offers flexible workspace solutions. We have the highest number of centers in the country as of December 31, 2023. Our range of flexible workspace solutions caters to various needs, from individual flexible desks to customized office spaces for start-ups, SMEs, large corporations, and multinational corporations. Clients can choose from a single seat to multiple seats, and the contract duration can range from one hour to several years. We have transformed from a co-working space to a comprehensive workspace solutions platform over time.
Registrar Info
| Name | Bigshare Services Pvt. Ltd. |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | bigshareonline.com |
Contact Details
| Name | Awfis Space Solutions Limited |
| Phone number | +91 1141061878 |
| Email ID | [email protected] |
| Website | awfis.com |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Awfis Space Solutions Limited IPO FAQs
When Awfis Space Solutions IPO will open?
The Awfis Space Solutions IPO opens on May 22, 2024 and closes on May 27, 2024.
What is the lot size of Awfis Space Solutions IPO?
Awfis Space Solutions IPO lot size and the minimum order quantity is not available at this time. Please check again later.
When is Awfis Space Solutions IPO listing date?
The Awfis Space Solutions IPO listing date is not yet announced. The tentative date of Awfis Space Solutions IPO listing is Thursday, May 30, 2024.
