Awfis Space Solutions Limited IPO
Company Overview
Incorporated in December 2014, Awfis Space Solutions Limited is a leading workspace solution provider in India. The company offers a diverse range of flexible workspace solutions to meet the needs of individuals, start-ups, SMEs, and large corporations. Awfis specializes in co-working spaces, providing flexible workspaces, custom office spaces, and mobility solutions. Additionally, Awfis offers supporting services such as food and beverages, IT support, infrastructure services, and event hosting. The company has also expanded to provide in-house fit-out and facility management services at its centers.
IPO Objectives
The proceeds from the Awfis Space Solutions IPO will be utilized for the following purposes:
Funding capital expenditure towards the establishment of new centers.
Funding the working capital requirements.
General corporate purposes.
Key IPO Details
IPO Dates: 22 to 27 May 2024
Price Band: ₹364 to ₹383 per share
Lot Size: 39 shares
Total Issue Size: ₹598.93 crores
Retail Quota: 10%
GMP: 30% (for informational purposes only)
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