All details for Smartworks Coworking IPO: Dates, price, financials, objectives, KPIs, registrar, and company overview.
Dates and price band yet to be announced.
Smartworks Coworking IPO: At a Glance
IPO Timeline
| IPO Activity | Date |
|---|---|
| IPO Open Date | [TBA] |
| IPO Close Date | [TBA] |
| Basis of Allotment | [TBA] |
| Refunds Initiation | [TBA] |
| Credit of Shares to Demat | [TBA] |
| IPO Listing Date | [TBA] |
IPO Price & Lot Size
| Issue Price Band | [TBA] |
|---|---|
| Market Lot | [TBA] |
Company Financials (₹ Crore)
Bar Chart: Revenue, PAT & Net Worth
Line Chart: Revenue, PAT & Net Worth
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 2024 | 4,147.08 | 1,113.11 | -49.83 | 50.01 | 36.89 | 427.35 |
| 31 Mar 2023 | 4,473.50 | 744.07 | -101.02 | 31.47 | -46.23 | 515.39 |
| 31 Mar 2022 | 2,859.57 | 394.20 | -70.01 | 114.09 | -29.01 | 247.60 |
Key Performance Indicators (KPI)
| KPI | Values |
|---|---|
| ROCE | 28.12% |
| RoNW | -99.90% |
Objects of the Issue
- Repayment/prepayment/redemption, in full or in part, of certain borrowings availed by the Company
- Capital expenditure for fit-outs in the New Centres and for security deposits of the New Centres (“Capex”)
- General corporate purposes
About Smartworks Coworking Spaces Limited
Incorporated: 2015
Business: Customized managed workspace solutions; fully serviced, tech-enabled office environments for enterprises.
Scale: 8 million sq. ft. managed (Mar 2024); 618 clients, 149,660 seats (Mar 2024).
USP: Large branded campuses, value-driven pricing, top amenities (cafeterias, gyms, crèches, medical centers).
Major Clients: Mid-to-large Indian corporates, MNCs, startups.
Business Model: Managed campus platform (clients, landlords, employees, service partners).
Competitive Strengths:
- Market leadership and scale
- Ability to lease & transform large properties
- Focus on enterprise clients & growth with them
- Execution with cost/tech efficiency
- Capital efficient business model
- Risk-mitigation for financial stability
Contact Details
Unit No. 305-310, Plot No 9, 10 and 11,
Vardhman Trade Centre, Nehru Place, South Delhi,
Delhi, New Delhi, 110019
Phone: +91 83840 62876
Email: companysecretary@sworks.co.in
