The Awfis Space Solutions IPO commenced on May 22, 2024, and concluded on May 27, 2024. The allotment of shares took place on May 28, 2024, and the initiation of refunds began on May 29, 2024. The shares were credited to the demat accounts of investors on May 29, 2024. Finally, the listing of Awfis Space Solutions on the stock exchange occurred on May 30, 2024.
The Awfis Space Solutions IPO was priced at ₹364 to ₹383 per share, with a lot size of 39 shares. The total issue size was ₹598.93 crores, comprising a fresh issue of ₹128.00 crores and an offer for sale of ₹470.93 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 75% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 10% of the shares.
Awfis Space Solutions IPO Basic Details
| Company Name | Awfis Space Solutions Limited |
| Domain of Company | Work Space Management |
| Awfis Space Solutions IPO GMP Today | ₹105 |
| Awfis Space Solutions IPO Listing Gain | 27.42% |
| Awfis Space Solutions IPO Open Date | May 22, 2024 |
| Awfis Space Solutions IPO Close Date | May 27, 2024 |
| Awfis Space Solutions IPO Allotment Date | May 28, 2024 |
| Awfis Space Solutions IPO Listing Date | May 30, 2024 |
| Face Value | ₹10 per share |
| Price | ₹364 to ₹383 per share |
| Lot Size | 39 Shares |
| Issue Size | 15,637,736 shares of ₹10 (aggregating up to ₹598.93 Cr) |
| Fresh Issue | 3,342,037 shares of ₹10 (aggregating up to ₹128.00 Cr) |
| Offer for Sale | 12,295,699 shares of ₹10 (aggregating up to ₹470.93 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Amit Ramani and the Promoter Selling Shareholder, Peak XV |
Awfis Space Solutions IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹105 | 27.42% | – | – |
| 19 May 2024 | ₹105 | 27.42% | – | – |
Awfis IPO Details:
Awfis Space Solutions Limited, founded in December 2014, is a leading provider of workspace solutions in India.
Awfis offers a variety of flexible workspaces designed for individuals, startups, SMEs, and large corporations. Their main services include co-working spaces, customized office spaces, and mobility solutions. They also provide additional services such as food and beverages, IT support, infrastructure services, and event hosting.
As of December 31, 2023, Awfis operates 169 centers in 16 cities across India, featuring a total of 105,258 seats and covering 5.33 million square feet. They are also expanding, with 31 more centers under development, adding 25,312 seats and 1.23 million square feet of chargeable area.
Awfis has broadened its services to include in-house fit-out and facility management, enhancing their offerings. Of their total centers, 81.66% are commercial assets, while 18.34% are alternative assets.
With a team of over 100 employees, many with backgrounds in hospitality, Awfis is dedicated to meeting every client’s needs. Their team also includes 63 designers and project managers to ensure a superior industry experience.
Awfis Space Solutions IPO More Details Click Here
Awfis Space Solutions IPO FAQs
When is Awfis Space Solutions IPO open?
Awfis Space Solutions IPO will open on 22 May 2024.
When is Awfis Space Solutions IPO Close?
Awfis Space Solutions IPO will be closed on 27 May 2024.
What is Awfis Space Solutions IPO GMP Today?
The Awfis Space Solutions IPO GMP aka Grey Market Premium is ₹105.
What is Awfis Space Solutions IPO Kostak Rates Today?
The Awfis Space Solutions IPO Kostak Rate is ₹000.
What is Awfis Space Solutions IPO Subject to Sauda Price Today?
The Awfis Space Solutions IPO subject to sauda rates is ₹000.
Awfis Space Solutions IPO Expected Returns?
The Awfis Space Solutions expected return is 27.42%.
How much will be the listing gain in Awfis Space Solutions IPO?
Awfis Space Solutions IPO will get listing gain of 27.42%. (Approx.)
