Awfis

Awfis Space Expands in Bengaluru, Boosting Market Presence and Financial Performance 0
- Industry News
- September 2, 2024
Awfis Space Solutions has launched two new coworking centres in Bengaluru, adding 66,846 sq. ft. to its portfolio. With plans to expand further, Awfis now operates 1,12,038 seats across 185 centres in India. The company reported a net profit of Rs 1.37 crore in Q4 FY24, reflecting strong growth.
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Awfis Triumphs in Q1 | Registers First Profit with Soaring Revenue 0
- Industry News
- August 20, 2024
Revenue
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.
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Awfis Plans 50% Expansion in FY25, Targets 135,000 Seats 0
- 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 Spaces 0
- 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 Premium 0
- 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 Expansion 0
- 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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