Smartworks Coworking Spaces Ltd

Issue
Opens On Closes On
10-Jul-25 14-Jul-25
Money Payable On
Application Allotment
407.00 0.00

Minimum Application for shares in Nos : 36 Further Multiples of : 36

Lead Managers to the Issue
Project Cost (₹.Cr) 0.00 BOB Capital Markets Ltd
Project Financed through Current Offer (₹.Cr) 582.56  
Post Issue Equity Share Capital (₹.Cr) 114.12
Issue Price (₹) 407.00
Projects

Repayment/prepayment/redemption in full or in part of certain borrowings availed by the company

Capital exp for fit-outs in the new centres and for security deposits of the new centres

General corporate purposes

Promoted By
Neetish Sarda
Harsh Binani
Saumya Binani
Listing At
BSE
NSE
Registrar to the Issue
No Data Available
initial public offering of up to 14,313,401 equity shares of face value of Rs. 10 each ("Equity Shares") of Smartworks Coworking Spaces Limited ("Company") for cash at a price of Rs. 407 per equity share (including a premium of Rs. 397 per equity share) ("offer price") aggregating up to Rs. 582.56 crores (the "offer") comprising a fresh issue of up to 10,933,661 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. 137.56 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. 19.94 crores by NS Niketan llp, up to 310,000 equity shares of face value of Rs. 10 each aggregating up to Rs. 12.62 crores by SNS Infrarealty llp and up to 2,579,740 equity shares of face value of Rs. 10 each aggregating up to Rs. 105 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 92138 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"). A discount of Rs. 37 per equity shares is being offered to eligible employees bidding in the employee reservation portion.