Smartworks Coworking Spaces leases 1.68 lakh sq. ft. in Kolkata to a leading IT providerSmartworks Coworking Spaces leases 1.68 lakh sq. ft. in Kolkata to a leading IT provider

Introduction

Leading managed office provider leased 1.68 lakh sq. ft. across two Kolkata campuses to a major IT services company, creating the city’s largest flex-office space with modern, tech-enabled workspaces.

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Share price movement of Smartworks Coworking Spaces

On December 5, 2025, Smartworks Coworking Spaces Ltd opened at ₹454.00, up 0.53% from its previous close of ₹451.70. The stock reached a high of ₹458.40 (1.49%) and a low of ₹441.70 (-2.22%). By 12:04 PM, it traded at ₹445.20, a -1.44% decrease, with a market cap of ₹5,086.61 crore.

Smartworks Signs Largest Flex-Office Lease in Kolkata

Smartworks Coworking Spaces Limited leased approximately 1.68 lakh sq. ft. in Kolkata to a leading global IT, consulting, and business process services provider. The lease spans Victoria Park and Mediasiti campuses.

This transaction marks the largest flex-office deal in Kolkata. The advisory partner for the deal was JLL India. The new office is located in Salt Lake City, Sector V, a prime commercial micro market.

The leased workspaces include tech-enabled environments, collaboration zones, meeting suites, wellness areas, and convenience stores. Smartworks’ portfolio totals ~14 million sq. ft. across 14 cities, serving GCCs, multinationals, and Indian enterprises.

Stock performance of Smartworks Coworking Spaces for Period of 1 week and 1 month

Smartworks Coworking Spaces Ltd delivered a -5.85% return over the past week and declined by -25.4% in the past one month.

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Shareholding pattern of Smartworks Coworking Spaces

Particulars	Sep 2025	Jul 2025
Promoter	58.20%	58%
FII	1%	17%
DII	9.00%	7.40%
Public	32%	18%

About Smartworks Coworking Spaces

Smartworks Coworking Spaces Ltd (NSE: SMARTWORKS) is India’s largest managed office platform, operating 14 million sq. ft. across 61 centres, offering tech-enabled campuses, amenities, and scalable solutions for mid-to-large enterprises and GCCs.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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