Awfis Space Solutions Limited, one of India’s top co-working space providers, is set to launch its IPO. Here’s a detailed look at the IPO schedule, GMP, and listing expectations.
📅 IPO Schedule
- IPO Open Date: May 22, 2024
- IPO Close Date: May 27, 2024
- Allotment Date: May 28, 2024
- Refund Initiation: May 29, 2024
- Shares Credited to Demat: May 30, 2024
- IPO Listing Date: May 31, 2024
💰 Price Band & Lot Size
- Price Band: ₹364 to ₹383 per share
- Lot Size: 39 shares
- Minimum Investment: ₹14,937
🏢 Company Overview
Founded in 2015, Awfis is a leading provider of flexible workspace solutions across India. With a presence in more than 15 cities, Awfis serves freelancers, startups, SMEs, and corporates through smart, tech-enabled shared workspaces.
📊 Financial Snapshot (FY2023)
- Total Revenue: ₹565 crore
- Net Loss: ₹46 crore
- EBITDA: ₹108 crore
Note: Awfis is currently in a growth phase, with profitability targeted in the near future.
📈 Grey Market Premium (GMP)
As of the latest reports, the Awfis IPO GMP is trending around ₹65–₹70, signaling a potential listing gain of up to 18% based on investor sentiment.
Disclaimer: GMP is unofficial and speculative. Please do your own research before investing.
🧐 Should You Invest?
Investors are showing strong interest in Awfis due to its large market presence and high-growth industry. However, since the company is not yet profitable, cautious and long-term investors should assess the risks carefully.
📌 Registrar & Listing Details
- Registrar: Link Intime India Pvt Ltd
- Stock Exchange: BSE & NSE
🔗 Important Links
Stay tuned to IPOGyan.in for daily IPO updates, GMP tracking, and expert analysis. Bookmark us to never miss an IPO opportunity!
Disclaimer: This article is for informational purposes only. Please consult your financial advisor before investing in any IPO.
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