Company Name | Awfis Space Solutions Limited |
Open Date | 22-05-2024 |
Close Date | 27-05-2024 |
Exchange | BSE, NSE |
Lot Size | 39 Shares |
Issue Price | ₹364 to ₹383 per share |
Issue Size | 1,56,37,736 shares |
Application Amount | Min. Inv. - ₹ 14,937 (39 shares) Max. Inv. – ₹ 1,94,181 (507 shares) |
Recommendation | Avoid |
Awfis Space Solutions was incorporated in Dec 2014 and has its registered office in New Delhi. The Company is a workspace solution provider in India. The company offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations. The company’s core solution is co-working, including flexible workspaces, custom office spaces, and mobility solutions. The Company also provides supporting services such as food and beverages, IT support, infrastructure services, and event hosting. The company operates 169 centres across 16 cities in India, with a total of 1,05,258 seats and a chargeable area of 5.33 million sq. ft. The company has expanded its business offerings and now provides in-house fit-out and facility management services at its centres. The company had a team of 3053 employees on the payroll as on 31st December 2023.
For the Period Ended | Mar-21 | Mar-22 | Mar-23 | Dec-23 |
Total Assets | 508.58 | 559.69 | 930.61 | 1352.24 |
Net Assets | 150.75 | 94.72 | 169.36 | 247.19 |
Total Borrowings | 2.97 | 12.11 | 10.92 | 97.13 |
Total Revenue | 216.02 | 279.12 | 565.79 | 633.70 |
Profit After Tax | -42.66 | -57.16 | -46.63 | -18.94 |
Opening Date | 22/05/2024 |
Closing Date | 27-05-2024 |
Basis of Allotment | 28-05-2024 |
Initiation of Refunds | 29-05-2024 |
Credit of Shares to Demat | 29-05-2024 |
Listing Date | 30-05-2024 |
Funding the Working capital requirements. |
General Corporate Purposes |
Funding capital expenditure towards establishment of new centres |
Registered Office | Awfis Space Solutions Limited C-28-29, Kissan Bhawan Qutab Institutional Area New Delhi-110016 |
Phone | +91 1141061878 |
cs.corp@awfis.com | |
Website | https://www.awfis.com/ |
Awfis Space Solutions IPO DRHP |
Awfis Space Solutions IPO RHP |
Name | Bigshare Services Pvt Ltd |
Phone | +91-22-6263 8200 |
ipo@bigshareonline.com | |
Website | https://ipo.bigshareonline.com/ipo_status.html |
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 |
Share Holding Pre Issue (Promoters) | 41.53% |
Share Holding Post Issue (Promoters) | 30.01% |