Awfis Space Solutions Limited
Mainboard₹14,937 / 39 Shares
Awfis Space Solutions Limited IPO Details
The Awfis Space Solutions Limited IPO price band is set between ₹364-383 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 22 May, 2024 and closes on 27 May, 2024. Investors can check the allotment status on 28 May, 2024, while the listing date is tentatively scheduled for 30 May, 2024.
The total issue size is Total ₹598.93 Cr :#Fresh Issue : 3,342,037 shares, aggregating up to ₹128.00 Cr. Stay tuned for the latest Awfis Space Solutions Limited IPO review and GMP updates.
Awfis Space Solutions Limited IPO Review, Rating & Analysis
Awfis Space Solutions Limited IPO Review
NO REVIEWAwfis Space Solutions Limited IPO Rating
Awfis Space Solutions Limited IPO Highlights
IPO Date
May 22, 2024 - May 27, 2024
Listing Date
30 May, 2024
Face Value
₹10 Per Equity Share
Price Band
₹364-383 per equity share
Lot Size
39 Shares
Fresh Issue
3,342,037 Shares
Offer for Sale
12,295,699 shares of ₹10
Listing At
BSE, NSE
Awfis Space Solutions Limited IPO Lot Size
The minimum market lot for Awfis Space Solutions Limited IPO is 39 shares with an application amount of ₹14,937. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 39 | ₹14,937 |
| Retail (Max) | 13 | 507 | ₹1,94,181 |
| S-HNI (Min) | 14 | 546 | ₹2,09,118 |
| S-HNI (Max) | 66 | 2574 | ₹9,85,842 |
| B-HNI (Min) | 67 | 2613 | ₹10,00,779 |
Awfis Space Solutions Limited IPO Timeline
Issue Price
₹364-383 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
ICICI Securities LimitedAxis Capital LimitedIifl Securities LtdEmkay Global Financial Services LtdIssue Size
Total ₹598.93 Cr :#Fresh Issue : 3,342,037 shares(aggregating up to ₹128.00 Cr) +
#OFS : 12,295,699 shares of ₹10(aggregating up to ₹470.93 Cr)
Awfis Space Solutions Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 23 | 930.61 | 565.79 | -46.64 | 169.36 | -204.30 | 10.92 |
| 31 Mar 22 | 559.69 | 278.72 | -57.16 | 94.72 | -223.37 | 12.11 |
| 31 Mar 21 | 508.58 | 216.02 | -42.64 | 150.75 | -167.12 | 2.97 |
All values are in ₹ Cr.
Awfis Space Solutions Limited IPO Valuations
EPS Pre IPO
₹/-EPS Post IPO
₹/-PE Pre IPO
-PE Post IPO
-ROE
%ROCE
37.43%Debt Equity
0.10RoNW
-7.66%PAT Margin
-Price to Book Value
9.63Promoters & Share Holding
Promoter(s) Name
- Amit Ramani
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 41.05% | N/A% |
About Company
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.
Awfis Space Solutions Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 4,675,656 | 2,337,827 1,558,552 779,275 | 1,558,551 | 8,629,670 |
Day 1 -22-05-24 05:00 PM | 0.30 x | 2.76 2.40 x 3.49 x | 6.04 x | 2.03 x |
Day 2 -23-05-24 05:00 PM | 0.32 x | 6.82 5.22 x 10.01 x | 12.27 x | 4.28 x |
Day 3 -24-05-24 05:00 PM | 3.39 x | 20.85 18.35 x 25.84 x | 21.00 x | 11.35 x |
Day 4 -27-05-24 05:00 PM | 116.95 x | 129.23 138.15 x 111.41 x | 52.92 x | 108.10 x |
Retail:46.32x
BHNI:27.44x
SHNI:107.88x times
Company Contact Details
Awfis Space Solutions Limited
C-28-29, Kissan Bhawan, Qutab Institutional Area, New Delhi-110016Registrar Contact Details
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Frequently Asked Questions about Awfis Space Solutions Limited IPO
When will Awfis Space Solutions Limited IPO open for subscription?
The Awfis Space Solutions Limited IPO opens on 22 May, 2024 and closes on 27 May, 2024.
What is the investors portion for Awfis Space Solutions Limited IPO?
The investors' portion for QIB is 116.95 x, NII is 138.15 x, and Retail is 52.92 x.
How to apply for Awfis Space Solutions Limited IPO?
You can apply for Awfis Space Solutions Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Awfis Space Solutions Limited IPO?
The issue size of Awfis Space Solutions Limited IPO is approx ₹Total ₹598.93 Cr :#Fresh Issue : 3,342,037 shares(aggregating up to ₹128.00 Cr) +#OFS : 12,295,699 shares of ₹10(aggregating up to ₹470.93 Cr) crores.
What is the price band of Awfis Space Solutions Limited IPO?
The price band for Awfis Space Solutions Limited IPO is ₹364 to ₹383 per equity share.
What is the lot size of Awfis Space Solutions Limited IPO?
The minimum bid (lot size) for Awfis Space Solutions Limited IPO is N/A shares with an investment of approx ₹14,937 .
What is the allotment date of Awfis Space Solutions Limited IPO?
The allotment date for Awfis Space Solutions Limited IPO is 28 May, 2024.
What is the listing date of Awfis Space Solutions Limited IPO?
The listing date for Awfis Space Solutions Limited IPO is expected to be 30 May, 2024.
What is the GMP of Awfis Space Solutions Limited IPO?
The latest Grey Market Premium (GMP) for Awfis Space Solutions Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.