Awfis Space Solutions plans a INR 598.93 crore IPO, ₹128 crore in new shares ,INR 470.93cr in existing shares. Funds for new centers, working capital & general purposes.
Open Date : May 22, 2024 Close Date : May 27, 2024 Allotment Date: May 28, 2024 Listing Date: May 30, 2024
IPO Price: INR 364-383 per share Lot Size: 39 Shares Total Issue Size: INR 598.93 crores
Awfis Space Solutions saw significant revenue growth. 1. Improved profitability & EPS. 2. Reduced debt reliance. 3. Strengthened financial position and ROE.
1. Awfis Space Solutions adopts the MA model. 2. No listed entities of similar size and business models in India or abroad.
Awfis Space Solutions aims to fund new center establishment and working capital needs.
Awfis Space Solutions Ltd risk: 1. Historical losses impact financial stability. 2. Revenue reliance on flexible workspaces is risky. 3. Client agreement fluctuations affect growth. 4. Challenges to sustainability and business growth.