Awfis Space Solutions IPO Date, Price, GMP, Review, Details
Get ready to explore the exciting world of Awfis Space Solutions Limited as they gear up for their upcoming IPO! From the latest IPO details to financial reports, this blog covers everything you need to know about Awfis Space Solutions IPO. Let’s dive into the ins and outs of one of India’s leading workspace providers and discover what makes this IPO a must-watch in the market.
Table of Contents
About Awfis Space Solutions Limited
Awfis Space Solutions Limited is a dynamic player in the coworking space industry, revolutionizing how businesses approach their workspace needs. With a focus on creating innovative and flexible office solutions, Awfis has quickly become a go-to choice for startups, freelancers, and established companies alike.
Founded in 2015, Awfis has rapidly expanded its presence across major cities in India, offering state-of-the-art coworking spaces designed to foster collaboration and productivity. Their modern workspaces are equipped with cutting-edge amenities and technology to meet the diverse requirements of today’s workforce.
Awfis Space Solutions IPO Review
When considering the Awfis Space Solutions IPO, it’s essential to take a closer look at the company’s business model and growth potential.
Awfis is a leading provider of flexible office space solutions in India, catering to the evolving needs of modern businesses. With a strong focus on technology and innovation, Awfis has positioned itself as a key player in the co-working space industry.
Investors are intrigued by Awfis’ impressive track record of revenue growth and its ability to adapt to changing market dynamics. The company’s strategic locations, premium amenities, and diverse clientele make it an attractive investment opportunity for those looking to capitalize on the growing demand for flexible workspaces.
Awfis Space Solutions IPO Timeline
Awfis Space Solutions IPO opens and closed on May 22, 2024, and on May 27, 2024.
| IPO Open Date | Wednesday, May 22, 2024 |
| IPO Close Date | Monday, May 27, 2024 |
| Basis of Allotment | Tuesday, May 28, 2024 |
| Initiation of Refunds | Wednesday, May 29, 2024 |
| Credit of Shares to Demat | Wednesday, May 29, 2024 |
| Listing Date | Thursday, May 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 27, 2024 |
Awfis Space Solutions IPO Date & Price Band Details
Awfis Space Solutions Limited, a leading provider of coworking spaces in India, is set to launch its Initial Public Offering (IPO). The IPO date for Awfis Space Solutions has been eagerly anticipated by investors looking to capitalize on the company’s growth potential. As per reports, the Awfis Space Solutions IPO is expected to hit the market soon with an indicative price band.
| Awfis Space Solutions | Date & Price |
|---|---|
| IPO Open: | May 22, 2024 |
| IPO Close: | May 27, 2024 |
| IPO Size: | Approx ₹[.] Crores |
| Fresh Issue: | Approx ₹128 Crores |
| Offer for Sale: | Approx ₹[.] Crores, 12,295,699 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹[.] to ₹[.] Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| Discount: | N/A |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Investors are buzzing with excitement as they await further details about the Awfis Space Solutions IPO date and price band. Speculations are rife about the pricing strategy that Awfis will adopt for its public offering. This crucial information will play a significant role in determining investor interest and subscription levels.
Awfis Space Solutions IPO Market Lot
Interested investors looking to participate in the Awfis Space Solutions IPO should take note of the market lot details. The market lot represents the minimum quantity of shares that can be applied for in a single bid. For this particular IPO, the market lot size will be disclosed closer to the opening date.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | – | ₹- |
| Retail Maximum | 13 | – | ₹- |
| S-HNI Minimum | 14 | – | ₹- |
| B-HNI Minimum | 68 | – | ₹- |
It is essential for potential investors to consider their investment budgets and objectives when determining how many shares to apply for within the designated market lot. By understanding the market lot requirements, individuals can plan their bids effectively and optimize their chances of securing desired allotments.
Awfis Space Solutions IPO Form
Are you ready to invest in Awfis Space Solutions and be a part of its growth story? The first step is filling out the IPO form. This form is your ticket to becoming a shareholder in this innovative workspace solutions company.
Awfis Space Solutions Company Financial Report
Awfis Space Solutions Limited has showcased a promising financial report, reflecting its strong performance in the co-working space industry. The company’s revenue growth and profitability have been on an upward trajectory, indicating sound business operations and strategic planning.
With a detailed analysis of its financial statements, Awfis Space Solutions has demonstrated stability and resilience in the market. Its ability to generate consistent cash flows and manage costs efficiently positions it as a competitive player in the sector.
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹216.02 | ₹258.66 | ₹42.64 |
| 2022 | ₹278.71 | ₹335.87 | ₹57.16 |
| 2023 | ₹565.79 | ₹612.42 | ₹46.64 |
| Dec 2023 | ₹633.69 | ₹652.64 | ₹18.94 |
Awfis Space Solutions IPO Valuation – FY2023
Awfis Space Solutions Limited’s IPO valuation for the financial year 2023 is a topic of interest among investors and analysts. The company’s robust growth trajectory, innovative business model, and strong market position have contributed to its promising valuation outlook.
With the increasing demand for flexible workspaces in India, Awfis has positioned itself as a key player in the co-working industry. This has led to positive projections for its future financial performance and overall market value.
| Earning Per Share (EPS): | -₹8.11 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | –27.54% |
| Net Asset Value (NAV): | ₹56.20 per Equity Share |
Company Promoters
Amit Ramani
Peak XV Partners Investments
Awfis Space Solutions IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/
Company Address
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan
Qutab Institutional Area
New Delhi-110016
Phone: +91 1141061878
Email: cs.corp@awfis.com
Website: https://www.awfis.com/
FAQs about Awfis Space Solutions IPO
What is the IPO date for Awfis Space Solutions Limited?
The company has announced that the IPO will be May 22, 2024. Keep an eye out for updates from reputable sources.
What is the price band for the Awfis Space Solutions IPO?
The price band for the IPO is also eagerly anticipated by investors and analysts alike. Stay tuned for more information on this crucial detail.
How can I apply for shares in the Awfis Space Solutions IPO?
To participate in the IPO, interested investors will need to fill out an application form once it becomes available. Make sure to follow all instructions provided by relevant authorities.
Are there any financial reports available for Awfis Space Solutions Limited?
Yes, you can access detailed financial reports of the company to help you make informed decisions before investing in their IPO.
