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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 provides 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.
Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
Assets | 1,352.25 | 930.61 | 559.69 | 508.58 |
Revenue | 633.69 | 565.79 | 278.72 | 216.02 |
Profit After Tax | - 18.94 | -46.64 | -57.16 | -42.64 |
Net Worth | 247.19 | 169.36 | 94.72 | 150.75 |
Reserve and Surplus | -265.56 | -204.30 | -233.37 | -167.12 |
Total Borrowing | 23.72 | 10.92 | 12.11 | 2.97 |
Ipo date | May 22, 2024 to May 27,2024 |
Listing Date | |
Face Value | ₹ 10 Per Share |
Price Band | 39 share |
Lot Size | 15,637,736 shares (aggregating up to ₹ 598.93 Cr) |
Fresh Issue | 13,342.037 shares (aggregating up to ₹ 128.00 Cr) |
Offer For Sale (OFS) | 12,295,699 share of ₹10 (aggregating up to ₹ 470.93 Cr) |
List At | BSE,NSE |
IPO Open Date | Wednesday, May 22, 2024 |
IPO Close Date | Monday, May 27, 2024 |
Basic of allotment | Tuesday, May 29, 2024 |
Initial Refund | Wednesday, May 29, 2024 |
Cread of Share | Wednesday, May 29, 2024 |
Listing Date | Thursday, May 30, 2024 |
Cut Off time | 5 PM on May 27, 2024 |