#NSE0053–Coworking Space – Book Office Space for Rent & Virtual Offices | Awfis
Awfis Space Solutions Ltd., India’s largest flexible workspace solutions company, offers a diverse range of workspace solutions catering to various client needs. From individual flexible desks to customized office spaces for startups, SMEs, and large corporations, Awfis provides flexible options that can be contracted for short-term or long-term periods.
With a presence in all Tier 1 cities and seven Tier 2 cities across 16 cities and 48 micro markets in India, Awfis offers enhanced accessibility, community engagement, and quality across its centers. This extensive network enables clients to benefit from the flexibility to work from various locations or adopt hybrid working models. Awfis began expanding into Tier 2 cities in fiscal 2018, allowing them to establish a presence in emerging markets and strengthen their footprint. This strategic expansion has facilitated partnerships with Fortune 500 companies, enabling them to set up dedicated centers in Tier 2 cities like Jaipur, Indore, and Nagpur.
With a price band of ₹364 to ₹383 per share and a minimum lot size of 39 shares, investors have a range of options for participation. The IPO’s combination of fresh issue and offer for sale provides insight into the company’s capital structure and existing shareholders’ intentions.
The IPO subscription period from May 22 to May 27 indicates the timeframe for investors to participate, with allotment expected to be finalized on May 28. The listing date of May 30 on both BSE and NSE sets the stage for trading to commence.
Here’s a breakdown of the application amounts based on the provided information:
- Retail (Minimum): ₹14,937 (39 shares at ₹383 per share)
- Retail (Maximum): ₹194,181 (507 shares at ₹383 per share)
- S-HNI (Super High Net-worth Individuals) Minimum: ₹209,118 (546 shares at ₹383 per share)
- S-HNI Maximum: ₹985,842 (2574 shares at ₹383 per share)
- B-HNI (Big High Net-worth Individuals) Minimum: ₹1,000,779 (2607 shares at ₹383 per share)
Disclaimer-
It’s important to note that discussions like are for informational purposes only and should not be taken as specific We are not SEBI registered investment advisor. Whether analyzing a company’s financial health, examining market trends, or discussing technical chart patterns, the goal is to provide insights and perspectives that can help you make more informed decisions according to your own research and investment strategy. Always consider consulting with a financial advisor or conducting thorough personal research before making any investment decisions.
