The IPO, running from July 10 to July 14, consists of a fresh issue worth Rs 445 crore (OFS) at Rs 137.56 crore. The company targets its parts in the range of Rs 387 to Rs 407 each. Despite good market conditions, the issue sees strong interests, subscribing 13.92 hours in total.
The need for the institution led the momentum, with a Qin part booked 24.92 hours, while high-value people (HNIs) subscribe to 23.68 times. Interest investment investment has reached 3.69 times and the employee quota in 2.51 times. The company also moves Rs 173.64 crore from western investors ahead of the issue.
Where to check the status of spending
Investors can prove their state of spending by:
Link to Insime Website (https://linkintime.co.in/initial_ofer)
Select ‘SmartWorks Coworking Spaces’ from leakage
Enter pan, application number, or DP / client ID
Click ‘Search’bse website (https://www.bseindia.com/investors/appli_check.aspx)
Select ‘Equity’ low issue issue
Choose ‘SmartWorks Coworking’ from Dropdown
Enter the Pan and application number
GMP details and listing
According to the gray market sources, GMP stands for Rs 16, which executes a modest list list of about 4% on the above band of price. The company is set to debut BSE and NSE on July 17.
Refunds start on July 16, and parts can be credited to Demat accounts on the same day.
Part of the company
Built in 2015, SmartWorks offers are required Manages office spaces of large and mid-sized businesses. It works in 14 cities, serving more than 728 clients with almost 1.7 lakh seats.
Despite net losses, the company posted by the EBITDA at Rs 857 crore of FY25, with analysts that focuses on operation efficiency and strong client maintenance.
(Matan -re: Recommendations, suggestions, views and opinions given to experts themselves. This does not represent views of economic times)
