Awfis Space Solutions IPO GMP Today, Awfis Space Solutions IPO Grey Market Premium Updates | Awfis Space Solutions IPO, Latest target, Opening gain
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’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.
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 IPO Details:
| Issuer | Awfis Space Solutions IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 22 May 2024 | |
| Issue Closes: 27 May 2024 | ||
| Price Brand | ₹364 to ₹383 per share | |
| Issue Size | ₹598.93 Cr | |
| Face Value | ₹10 per share | |
| Market Lot | 39 Shares | |
| Retail (Max) | ₹194,181 | |
| QIB | 75% | |
| HNI | 15% | |
| Retail Individual Bidders | 10% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With | ANGEL Free DEMAT Account | |
| Total Shares | 15,637,736 shares | |
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Awfis Space Solutions IPO GMP Rates day by day
Awfis Space Solutions IPO Market Lot:
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 39 | ₹14,937 |
| Retail (Max) | 13 | 507 | ₹194,181 |
| S-HNI (Min) | 14 | 546 | ₹209,118 |
| S-HNI (Max) | 66 | 2,574 | ₹985,842 |
| B-HNI (Min) | 67 | 2,613 | ₹1,000,779 |
Awfis Space Solutions IPO Date, Allotment & Listing:
| Awfis Space Solutions IPO Opening Date: | May 22, 2024 |
| Awfis Space Solutions IPO Closing Date: | May 27, 2024 |
| Basis of Allotment: | May 28, 2024 |
| Initiation of Refunds: | May 29, 2024 |
| Credit to Demat Account: | May 29, 2024 |
| Listing Date: | May 30, 2024 |
Awfis Space Solutions Limited Financial Information (Restated Consolidated)
Awfis Space Solutions Limited’s revenue increased by 103% and profit after tax (PAT) rose by 18.4% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 1,352.25 | 930.61 | 559.69 | 508.58 |
| Revenue | 633.69 | 565.79 | 278.72 | 216.02 |
| Profit After Tax | -18.94 | -46.64 | -57.16 | -42.64 |
| Net Worth | 247.19 | 169.36 | 94.72 | 150.75 |
| Reserves and Surplus | -265.56 | -204.30 | -223.37 | -167.12 |
| Total Borrowing | 23.72 | 10.92 | 12.11 | 2.97 |
| Amount in ₹ Crore | ||||
Key Performance Indicator
The market capitalization of Awfis Space Solutions IPO is Rs 2658.7 Cr.
KPI as of December 31, 2023.
| KPI | Values |
|---|---|
| ROCE | 37.43% |
| Debt/Equity | 0.1 |
| RoNW | -7.66% |
| P/BV | 9.63 |
Objects of the Issue (Awfis Space Solutions IPO Objectives)
The Company proposes to utilize the Net Proceeds towards funding the following objects (collectively, the “Objects”):.
- Funding capital expenditure towards the establishment of new centres ;
- Funding the working capital requirements and
- General corporate purposes
Awfis Space Solutions IPO ALLOTMENT STATUS
How to Apply for Awfis Space Solutions IPO?
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How to Apply Awfis Space Solutions IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Awfis Space Solutions”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Awfis Space Solutions IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Awfis Space Solutions”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
Awfis Space Solutions IPO is a main-board initial public offering of 15,637,736 Equity shares of the face value of ₹10 aggregating up to ₹598.93 Crores. The issue price of the IPO is ₹364 to ₹383 Per Equity Share. The minimum order quantity is 39 Shares per application and the offer type is Book Built Issue. The IPO opens on May 22, 2024 and closes on May 27, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Awfis Space Solutions IPO opens on May 22, 2024 and closes on May 27, 2024.
You can apply in Awfis Space Solutions IPO online using either UPI or ASBA as payment method. ICICI Securities Limited, Axis Capital Limited, Iifl Securities Ltd and Emkay Global Financial Services Ltd are the book running lead managers of the Awfis Space Solutions IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
The finalization of Basis of Allotment for Awfis Space Solutions IPO will be done on May 28, 2024, and the allotted shares will be credited to your demat account by May 29, 2024. Check the Awfis Space Solutions IPO allotment status.
The Awfis Space Solutions IPO listing date is not yet announced. The tentative date of Awfis Space Solutions IPO listing is May 30, 2024.
Awfis Space Solutions IPO lot size is 39 Shares and the minimum order quantity is 1 Shares.