Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
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Awfis Triumphs in Q1 | Registers First Profit with Soaring Revenue0
- Industry News
- August 20, 2024
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Awfis Space Solutions Ltd pivots to profit in Q1 FY24, netting Rs 2.78 crore after last year’s loss, with revenue soaring by 39% to Rs 267.8 crore. Expanding across India’s major cities, Awfis now operates 169 centres, offering a versatile mix of workspace solutions, signalling a shift towards flexible office environments.
Awfis Plans 50% Expansion in FY25, Targets 135,000 Seats0
- Industry News
- July 10, 2024
Awfis Space Solutions aims to expand its portfolio by 50% to 135,000 seats by FY25, focusing on managed office spaces. Deputy CEO Sumit Lakhani highlights a 30% revenue growth target driven by new centre openings and higher occupancy rates. Recent additions include 15,084 new seats in 22 centres.
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Awfis Space Solutions Stellar Stock Market Debut Reflects Growing Demand for Flexible Office Spaces0
- Industry News
- June 4, 2024
Awfis Space Solutions has debuted on the stock market, with shares closing over 9% higher. This highlights the increasing demand for flexible office spaces. The success reflects investor confidence in Awfis’ innovative business model and its strategic presence in India’s key business hubs.
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Awfis Space Solutions Debuts on the Stock Market with Impressive Premium0
- Industry News
- June 3, 2024
Awfis Space Solutions’ shares debuted with a 13% stock market premium following a successful IPO. The proceeds will fund new centres, working capital, and corporate purposes, showcasing investor confidence in the coworking space provider.
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Awfis Sets Rs 364-383 Price Band for IPO, Eyes Expansion0
- Industry News
- May 27, 2024
Awfis Space Solutions announced an IPO price band of Rs 364-383 per share, aiming to raise to Rs 599 crore. The first Indian coworking provider to go public, Awfis plans to use the funds to expand into tier-1 and tier-2 cities. The company reported Rs 616 crore revenue for nine months ending December 2023.
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Awfis Space Solutions | Leading the Way in Flexible Workspace Solutions0
- Workspace Solutions, Industry News
- May 23, 2024
Awfis Space Solutions, India’s largest flexible workspace provider, revolutionises the office landscape with innovative solutions and a vast network across 16 cities. Explore how Awfis leads in adaptability, growth, and market dominance, offering unparalleled flexibility for businesses of all sizes.
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Flexinsights
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Siddhant Sharma
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Piyush
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Kushal Bhargava
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About Flex Insights
theflexinsights.com is a platform aiming at being the go-to place for insights, trends and predictions about coworking and flexible workspaces in India. It aims at connecting individuals, businesses and workspaces to create a fostering environment and to propel growth for the overall coworking and flexible workspaces industry within India.
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