Awfis

Awfis Allocates 1.34 Lakh ESOP Shares Amid Strong Q3 Growth 0
- Industry News
- February 24, 2025
Awfis, India’s top coworking space provider, allotted 1.34 lakh shares under ESOP 2015, raising its paid-up capital to INR 70.96 crore. This follows a 6.16 lakh share allotment in November 2024. The company faces a tax probe while reporting strong Q3 FY25 earnings and revenue growth.
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Awfis Reports ₹15 Cr Profit in Q3 FY24, Revenue Jumps 47% Amid Expansion 0
- Industry News
- February 24, 2025
Awfis Space Solutions Ltd posted a ₹15.17 crore net profit in Q3 FY24, recovering from a ₹6.28 crore loss last year. Revenue jumped 47% to ₹331.46 crore. Since March 2024, Awfis has added 27,000 seats, reaching 1,20,000, with a target of 1,35,000 seats by March 2025.
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Awfis Launches First Flexible Workspace in Lucknow’s Thriving Business Hub 0
- Industry News
- January 17, 2025
Awfis has launched its first flexible workspace in Lucknow’s Gomti Nagar, spanning 47,694 sq ft. The centre supports startups, entrepreneurs, and businesses with Grade-A infrastructure, advanced amenities, and strategic connectivity. This expansion strengthens Awfis’ presence in Tier-II cities and aligns with Lucknow’s transformation into a vibrant commercial hub.
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Awfis Space Solutions Set for 44% Growth, ICICI Securities Raises Target Price 0
- Industry News
- December 21, 2024
ICICI Securities raises Awfis Space Solutions’ target price to ₹1,049, indicating 44% growth potential. Backed by a unique asset-light model, 31% revenue CAGR, and 53% EBITDA CAGR (FY24–27), Awfis is expanding rapidly despite market competition and potential office leasing slowdowns.
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Peak XV and Others to Offload ₹583 Crore Stake in Awfis 0
- Industry News
- December 16, 2024
Peak XV, Bisque Limited, and Link Investment Trust plan to sell a ₹583 crore stake in Awfis via a block deal. Awfis, India’s largest flexible workspace provider, reported a ₹38.67 crore Q2 FY25 profit and 40.46% revenue growth, bolstered by strategic expansions and a robust market presence.
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Awfis Expands to Guwahati, Reports Strong Growth in Flexible Workspace Sector 0
- Industry News
- December 16, 2024
Awfis expands to Guwahati, managing 200 centres with 1.3 lakh seats nationwide. It plans to add 40,000 seats by FY25, reaching 135,000. Recent highlights include a 1.65 lakh sq ft NSE office project in Mumbai and ₹38.67 crore Q2 FY25 profit, marking strong growth in Tier-II cities and beyond.
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