Awfis Space IPO Details
| IPO Size | 598.93 |
| Price Range | ₹364 to ₹383 Per Share |
| Retail Quota | 10% |
| QIB Quota | 75% |
| NII Quota | 15% |
| Employee Discount | -- |
| Listing at | NSE and BSE |
| Minimum Quantity | 39 |
| Investment (cut-off price) | ₹14,937 |
| Pre IPO Promotor Holding | 41.05% |
| Post IPO Promotor Holding | 30% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
Awfis Space IPO Timelines
22/05/2024
Start Date27/05/2024
End Date29/05/2024
Refund Initiation29/05/2024
Credit of Shares to Demat Ac30/05/2024
Listing DateAwfis Space IPO Lot Size
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 39 | ₹14,937 |
| Retail Maximum | 13 | 507 | ₹194,181 |
| S-HNI Minimum | 14 | 546 | ₹209,118 |
| B-HNI Minimum | 67 | 2613 | ₹1,000,779 |
Awfis Space IPO Subscription Status
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| 116.95 x | 129.27 x | 53.23 x | 24.68 x | 108.17 x |
IPO Performance on Listing Day
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹435 | ₹421.75 | ₹451.45 | ₹415.20 |
Awfis Space IPO Company Financials
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2021 | 216 | 216 | -43 |
| FY 2022 | 279 | 336 | -57 |
| FY 2023 | 566 | 613 | -47 |
| FY 2024 (9M) | 633 | 653 | -19 |
About Company
Awfis is the largest flexible workspace solutions company in India as on 31st December 2023, based on total number of centers.
The company is well positioned to benefit from growing demand for flexible workspace due to its availability across its network in Tier 1 cities as well as the strategic advantage enjoyed from the early focus on Tier 2 cities. The company primarily generates a substantial portion of its revenue from the top four cities.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2014 | Coworking Spaces | Amit Ramani |
Know Before Investing
Awfis Space IPO Strengths
- Innovating in the flexible workspace industry with the adoption of the MA model.
- Diverse space sourcing and demand strategies.
Awfis Space IPO Risks
- The company is exposed to the risks associated with the development and construction of the spaces it occupies.
- A significant portion of revenues from co-working spaces are derived from centers concentrated in a few cities like Bangalore, Mumbai, Pune, and Hyderabad.
Swot Analysis for Awfis Space IPO
Strengths
Weaknesses
Opportunities
Threats
Contact Details of IXIGO
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
Company Details
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan
Qutab Institutional Area
New Delhi-110016
Phone: +91 1141061878
Email: [email protected]
Website: https://www.awfis.com/
IPO Registar Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com/ipo_status.html
FAQs
The key objectives of Awfis IPO are:
- Funding capital expenditure towards establishment of new centers.
- Funding working capital requirements
- General corporate purposes.
ICICI Securities Limited, Axis Capital Limited, IIFL Securities Limited, and Emkay Global Financial Services are the book-running lead managers for Awfis Space Solutions IPO.