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  • Awfis Sets Rs 364-383 Price Band for IPO, Eyes Expansion

    Awfis Sets Rs 364-383 Price Band for IPO, Eyes Expansion0

    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 Set to Launch IPO on May 22

    Awfis Set to Launch IPO on May 220

    Awfis Space Solutions will launch its IPO on May 22, aiming to raise Rs 128 crore. Key investors, including Peak XV Partners and ChrysCapital, will divest 12.3 million shares. Despite increased revenue, Awfis reported losses. IPO proceeds will fund expansion, new centres, and working capital.

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