Amazon Expands in Bengaluru with 1.1 Million Sq Ft New Office Space
- Industry News
- June 20, 2024
BHIVE Workspace is planning an IPO within two years, focusing on expansion and achieving ₹500 crore in revenue. Check out their growth strategies and plans.
READ MOREAwfis 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.
READ MOREAwfis 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.
READ MOREAwfis 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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