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    Awfis Space Solutions Limited

    CLOSED

    IPO Date: 22 May - 27 May 2024

    Listing Date: 30 May 2024

    Price Range

    ₹364 to ₹383 per share

    Issue Size

    598.93 Cr

    Min Investment

    ₹14,196

    Lot Size

    39 Shares

    View IPO Document

    Schedule of Awfis Space Solutions Limited

    Issue open date

    22 May 2024

    Issue close date

    27 May 2024

    UPI mandate deadline

    27 May 2024 (5 PM)

    Allotment finalization

    28 May 2024

    Share credit

    29 May 2024

    Listing date

    30 May 2024

    Mandate end date

    11 Jun 2024

    Issue size

    Funds Raised in the IPOAmount
    Overall598.93 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date28 May 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    30 May 2024₹383₹84₹467 (21.93%)
    29 May 2024₹383₹84₹467 (21.93%)
    28 May 2024₹383₹125₹508 (32.64%)
    27 May 2024₹383₹129₹512 (33.68%)
    26 May 2024₹383₹113₹496 (29.5%)
    25 May 2024₹383₹113₹496 (29.5%)
    24 May 2024₹383₹108₹491 (28.2%)
    23 May 2024₹383₹100₹483 (26.11%)
    22 May 2024₹383₹122₹505 (31.85%)

    Performance Awfis Space Solutions Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹364 to ₹383 per share₹ 1923 (5.21%) ₹ 631.3564.84%

    About Awfis Space Solutions Limited

    Incorporated in December 2014, Awfis Space Solutions Limited 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. Awfis Space Solutions Limited also provide supporting services such as food and beverages, IT support, infrastructure services, and event hosting. As of December 31, 2023, the company operates 169 centers across 16 cities in India, with a total of 105,258 seats and a chargeable area of 5.33 million sq. ft. Additionally, 31 centers with 25,312 seats are currently under fit-out, with a chargeable area totaling 1.23 million sq. ft. The company has expanded its business offerings and now provides in-house fit-out and facility management services at its centers. As of December 31, 2023, 81.66% of the company's centers are commercial assets, and 18.34% are alternate assets. As of December 31, 2023, the company has a team of over 100 employees with a background in hospitality servicing the needs of every client. The company has a team of 63 designers and project managers to enhance the industry experience.

    Founded in2014
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)116.95
        Non-Institutional Investors (NIIs)129.27
        Retail Individual Investors (RIIs)53.23
        Employee24.68
        Total108.17