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Awfis Space Solutions Ltd.

Awfis Space Solutions Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹383
₹383
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹383
Based on GMP
Min. Investment
₹14,937
1 lot × 39 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
22 May 2024
Close Date
27 May 2024
Allotment
28 May 2024
Listing Date
30 May 2024
Exchange
NSE & BSE
Price Band
₹383
Listing Price
See chart
Allotment Status
Price Band
₹383
Per share
Face Value
₹10 per share
 
Lot Size
39 Shares
per lot
Issue Size
1,56,39,638 shares (aggregating up to ₹598.93 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,937
1 lot
Pre-IPO Holding
6,60,75,779 shares
Promoters
Post-IPO Holding
6,94,17,816 shares
Promoters
UPI Deadline
2024-05-27
Mandate
Anchor AllotmentTue, 21 May 2024
Basis of AllotmentTue, 28 May 2024
Refund InitiationWed, 29 May 2024
Demat CreditWed, 29 May 2024
Listing DayThu, 30 May 2024
UPI Mandate Deadline2024-05-27
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares33,43,939 shares (aggregating up to ₹128.06 Cr)
Offer for Sale1,22,95,699 shares of ₹10 (aggregating up to ₹470.87 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Awfis Space Solutions Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 27 May 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
15,643,153
100% ₹599.13
IPO Shares Offered
Awfis Space Solutions Ltd. IPO total issue size: ₹599.13 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 15,643,153 ₹599.13
100.00%
* Based on upper price band ₹383 per share
Lot Size & Investment
Lot Size
39
Shares per Lot
Issue Price
₹383.00
Upper Band
Min Investment
₹14,937
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)278₹29,874
Retail (Max — 13 Lots)13507₹194,181
S-HNI (Min — 14 Lots)14546₹209,118
B-HNI (Min — 68 Lots)682,652₹1,015,716
* Issue Price ₹383 × Lot Size 39 shares
IPO Schedule
Anchor
21 May 2024
✓ Done
IPO Open
22 May 2024
✓ Done
IPO Close
27 May 2024
✓ Done
Allotment
28 May 2024
✓ Done
Refunds
29 May 2024
✓ Done
Demat Credit
29 May 2024
✓ Done
Listing Day
30 May 2024
✓ Done
Awfis Space Solutions Ltd. — Live Price LIVE
₹383.00
INR · BSE
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Issue ₹383.00 Live Price
About Awfis Space Solutions Ltd.
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.
Objects of the Issue
1
Funding capital expenditure towards the establishment of new centres;
2
Funding the working capital requirements and
3
General corporate purposes
Awfis Space Solutions Ltd. Financials (Amount in Crore)
Revenue from Operations
₹278.7
31 Mar 2022
₹565.8
31 Mar 2023
₹633.7
31 Dec 2023
Profit After Tax (PAT)
-₹57.2
31 Mar 2022
-₹46.6
31 Mar 2023
-₹18.9
31 Dec 2023
Particulars31 Dec 202331 Mar 202331 Mar 2022
Revenue from Operations 633.69 565.79 278.72
EBITDA N/A N/A N/A
Profit After Tax (PAT) -18.94 -46.64 -57.16
Net Worth 247.19 169.36 94.72
Total Assets 1352.25 930.61 559.69
Reserves & Surplus -265.56 -204.30 -223.37
Borrowings 23.72 10.92 12.11
EBITDA Margin (%) N/A
PAT Margin (%) N/A
P/BV Ratio
9.63
RoCE
37.43%
RoNW
-7.66%
Debt/Equity
0.10
Issue Structure & Shareholding
Total Shares Offered1,56,43,153 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding6,60,75,779 shares
Post-Issue Promoter Holding6,94,17,816 shares
P/BV Ratio9.63
RoEN/A
RoCE37.43%
Debt / Equity0.10
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
ICICI Securities Ltd.
Axis Capital Ltd.
IIFL Capital Services Ltd.
Emkay Global Financial Services Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Awfis Space Solutions Ltd. IPO subscribed?

Awfis Space Solutions Ltd. IPO is subscribed 1.00 times by May 27, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Awfis Space Solutions Ltd. IPO retail subscription status?

The Awfis Space Solutions Ltd. IPO retail category is subscribed 1.00 times as of 27 May 2024. The retail portion is oversubscribed.

How to subscribe Awfis Space Solutions Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 22 May 2024 and closes 27 May 2024. Min investment: ₹14,937 (1 lot = 39 shares). UPI mandate: 2024-05-27.

How many times Awfis Space Solutions Ltd. IPO subscribed?

The Awfis Space Solutions Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Awfis Space Solutions Ltd. IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 May 2024. Refunds: on 29 May 2024.

When Awfis Space Solutions Ltd. IPO will be listed?

The Awfis Space Solutions Ltd. IPO listing date is 30 May 2024, Thursday. Listed on: NSE & BSE. Issue price: ₹383. Estimated listing: ₹383. GMP: NIL.

When Awfis Space Solutions Ltd. IPO close?

The Awfis Space Solutions Ltd. IPO closes on 27 May 2024, Monday. UPI mandate: 2024-05-27. Allotment: 28 May 2024. Listing: 30 May 2024.