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Awfis Space Solutions IPO Details 2024

IPO Status: Listed [22nd May 2024 to 27th May 2024]

Rated 3/5 by Team InvestorGain
Awfis Space Solutions IPO Detail

Awfis Space Solutions IPO, a Mainline IPO of ₹598.93 Cr was launced on 22-05-2024 to 27-05-2024 and the shares got listed on BSE, NSE on 30-05-2024.

The public issue of Awfis Space Solutions IPO (AWFIS,544181) was offered at ₹383.00 per share and the ipo was listed at ₹435.00. It has delivered listing gain of 13.58%.

As the minimum lot size was 39 shares, the IPO has offered Rs 2028.00 per lot return on listing.

Awfis Space Solutions IPO Details

IPO Issue Opening Date: 22nd May 2024
IPO Issue Closing Date: 27th May 2024
IPO Issue Price: ₹364.00-383.00 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: Not more than 10% of the Net Issue
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹598.93 Cr
Offer for Sale: ₹470.93 Cr
Fresh Issue: ₹128.00 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: Emplopee:36.00
Promoter Holding Pre IPO: 41.05%
Promoter Holding Post IPO:
Allotment Status: Allotment Status
BSE Code: 544181
NSE Code: AWFIS

Awfis Space Solutions IPO Important Dates

Get important updates regarding Awfis Space Solutions IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Awfis Space Solutions IPO dates
IPO Activity Date
Basis of Allotment Date* 28th May 2024
Refunds Initiation* 29th May 2024
Credit of Shares to Demat* 29th May 2024
IPO Listing Date* 30th May 2024

* - Tentative Dates

Awfis Space Solutions IPO Lots

IPO Activity Date
Issue Price ₹364.00-383.00
Market Lot: 39 Shares
1 Lot Amount: ₹14937
Min Small HNI Lots(2-10 Lakh): 546 shares (14 lots)
Min Big HNI Lots(10+ Lakh): 2613 shares (67 lots)

Awfis Space Solutions IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
30-05-2024383.00842500/35000₹467 (21.93%)30-May-2024 10:25
IPO Live GMP

**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Awfis Space Solutions

Awfis Space Solutions Limited was founded in 2014 and is the largest flexible workspace solutions company in India. As of December 31, 2023, the company is among the top 5 in the flexible workspace segment and is present in 16 cities in India. As of December 31, 2023, the company is also present in most of the Indian micro markets. As on December 31, 2023, the company has a total of 169 centers1 across 16 cities1 in India with a total of 105,258 seats1 and a total usable area1 of 5.33 million square feet, of which 31 centres with 25,312 seats and a total usable area of 1.23 million square feet are in the expansion phase1. In addition, the company has signed letters of intent (“LOI”) with space owners for 13 additional centres with 10,859 seats and a total chargeable area of 0.55 million square feet. As of December 31, 2023, the company has more than 2,295 customers and is present in 52 micro markets in India. Further details on the Flexible Workspace segment.

The company provides a variety of flexible workspace options, catering to the needs of individuals, start-ups, small and medium enterprises (SMEs), as well as large multinational companies. These solutions encompass various seating categories, offering options for booking a single seat or multiple seats for periods ranging from one year to more.

The company's core business is co-working solutions, which include flexible workspaces, customized office space and mobility solutions. In addition, the company has established capabilities for the design, construction, maintenance and management of a wide range of flexible workspaces, such as Awfis Transform (their construction and fit-out services business segment) and Awfis Care (their facility management services business segment). They also offer related services ranging from food and beverage, IT support services and infrastructure services such as storage and customization to event hosting and meeting arrangements.

Awfis Space Solutions IPO Strengths

  • Leadership in a large and growing marketplace.
  • Innovating in the flexible workspace industry with the adoption of the MA model.
  • Diverse space sourcing and demand strategies.
  • Growth through an integrated platform approach.
  • Proficiency in the team management.
Incorporation Sector IPO Issue Size Website
2014 WorkSpace Provider ₹598.93 Cr https://www.awfis.com/

Awfis Space Solutions IPO Objective

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

Our experts can help you prepare for SME IPO

Awfis Space Solutions IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 4,675,656 Shares
  • Non-Institutional Investors: 2,337,827 Shares
  • Retail Individual Investor: 1,558,551 Shares
  • Employees Quota: 57,636 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered4,675,656 (54.18%)2,337,827 (27.09%)1,558,551 (18.06%)57,6368,629,670
122nd May 2024 19:040.30x2.79x6.26x3.64x2.07x
223rd May 2024 19:040.32x6.87x12.46x6.92x4.33x
324th May 2024 19:043.39x21.05x21.26x10.51x11.45x
427th May 2024 18:21116.95x129.27x53.23x24.68x108.17x

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 Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets1,352.25930.61559.69508.58
Revenue633.69565.79278.72216.02
Profit After Tax-18.94-46.64-57.16-42.64
Net Worth247.19169.3694.72150.75
Reserves and Surplus-265.56-204.30-223.37-167.12
Total Borrowing23.7210.9212.112.97
Amount in ₹ Crore

Company Address

Awfis Space Solutions Limited
C-28-29, Kissan Bhawan, Qutab Institutional Area
New Delhi,Delhi-110 016
India
Website: https://www.awfis.com/
Phone: +91 1141061878
Email: [email protected]

Awfis Space Solutions IPO Registrar

Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Website: https://ipo.bigshareonline.com/IPO_Status.html
Phone: +91-22-6263 8200
Email: [email protected]
Awfis Space Solutions IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Awfis Space Solutions? Should I apply in Awfis Space Solutions IPO?

Last Updated on 03-Jun-2024 07:02:44

FAQs

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Awfis Space Solutions IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Awfis Space Solutions IPO with Zerodha.

Alternate approch to apply in Awfis Space Solutions IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

Awfis Space Solutions IPO Review and Important Updates

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Apply in Awfis Space Solutions IPO online

To subscribe or apply in Awfis Space Solutions IPO, you can use the following methods:

MethodDetails
Awfis Space Solutions IPO Applying Mode
Online Application3-in-1 Trading Account

If your broker is 3-in-1 service provider, you can apply in Awfis Space Solutions IPO directly with your brokers website. Example HDFC Sky, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

Online Application2-in-1 Trading Account

Brokers like Zerodha, TradeSmart Online provides access to applying in Awfis Space Solutions IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

Online ApplicationASBA

This is one of the most popular mode of applying in Awfis Space Solutions IPO. Most of the Syndicate Banks provide access to apply in Awfis Space Solutions IPO via ASBA process. You must have your net banking access, DP ID information to apply in Awfis Space Solutions IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

Offline ApplicationPhysical Form

You can apply in Awfis Space Solutions IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

Awfis Space Solutions IPO Review and Important Updates

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Applying in Awfis Space Solutions IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Awfis Space Solutions IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

For more details on how to use UPI payment method to apply Awfis Space Solutions IPO, please refer article >> Link

Awfis Space Solutions IPO Review and Important Updates

Steps to download the online application form for Awfis Space Solutions IPO

  • Step1:Click here.
  • Step2: Click on “Bid-cum Application Form Download
  • Step3: Above Step will open an online form.
  • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
  • Step5: Fill bid details - min 39 and max 507 shares (13 lots).
  • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
  • Step7: This will fill your application online and give you a pdf file.
  • Step8: Take a print of this document and go to your bank for UPI transactions.
  • Or

  • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

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Awfis Space Solutions IPO is going to be list on 30-05-2024. NSE Code for Awfis Space Solutions is AWFIS. BSE Code for Awfis Space Solutions is 544181.

Other relevant questions:

When Awfis Space Solutions IPO will be listing? Awfis Space Solutions IPO NSE listing date?Awfis Space Solutions IPO date of listing.Awfis Space Solutions IPO BSE listing date?

 

Awfis Space Solutions IPO Allotment Date is 28-05-2024.

Other relevant questions:

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User Reviews

4. Pallavi Mali May 15 2024 01:02:53 AM Reply
Awfis Space Solutions IPO expected listing gain.
3. Anisha  May 15 2024 01:02:53 AM Reply
Please confirm Awfis Space Solutions IPO GMP (grey market premium) and kostak.
2. Anuprova Mondal May 15 2024 01:02:53 AM Reply
Awfis Space Solutions IPO good or bad.
1. SANTOSH HODAGE May 15 2024 01:02:53 AM Reply
Awfis Space Solutions IPO whether to invest or not.