Smartworks Coworking Spaces IPO, one of the anticipated upcoming IPOs, opened for subscription on July 10, 2025, and closed on July 14, 2025.
The company is expected to finalise the share allotments today, Tuesday, July 15, 2025. Successful bidders can expect the shares to be credited to their demat accounts on Wednesday, July 16, 2025.
Those who did not receive an allotment will likely receive refunds on the same day. You can check the IPO allotment status on the NSE or BSE websites or visit the official registrar's website. MUFG Intime India Private Limited (Link Intime) is the registrar for the issue.
The Smartworks Coworking Spaces share is expected to be listed on the NSE and BSE on Thursday, July 17, 2025.
This IPO was a bookbuilding issue amounting to ₹582.56 crores. The issue was a combination of fresh issue of 1.09 crore shares aggregating to ₹445.00 crores and offer for sale of 0.34 crore shares aggregating to ₹137.56 crores.
The price band for the Smartworks Coworking Spaces IPO was set at ₹387 to ₹407 per share, with a minimum application lot size of 36 shares, requiring retail investors to invest at least ₹13,932.
On Day 3, July 14, 2025, the Smartworks Coworking Spaces IPO subscribed 13.92 times. The public issue was subscribed 3.69 times in the retail category, 24.92 times in the Qualified Institutional Buyers (QIB) category, and 23.68 times in the Non-Institutional Investors (NII) category.
Also Read: Upcoming IPOs This Week: 1 Mainboard and 2 SME IPOs Set to Open This Week Starting from July 14!
Smartworks Coworking Spaces IPO witnessed demand, especially from institutional and non-institutional investors. With allotment finalisation on July 15 and listing expected on July 17, 2025, investor interest remains high. All eyes are now on the listing day performance.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jul 15, 2025, 9:16 AM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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