Smartworks IPO

Smartworks IPO Fully Subscribed on Day Two as India’s Office Market Booms 0
- Industry News
- July 16, 2025
Smartworks’ $67.6 million IPO was fully subscribed by the second day, driven by strong interest from retail and non-institutional investors. The surge reflects the rising demand for integrated office spaces as global firms expand their operations in India. Analysts expect tech parks to dominate new supply, reinforcing India’s position as one of the top office markets in the Asia-Pacific region.
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Smartworks IPO Sees Strong Demand Despite Losses—Here’s What Investors Need to Know 0
- Industry News
- July 16, 2025
Smartworks Coworking Spaces’ IPO closed with an oversubscription of 13.45 times, led by strong institutional interest. The ₹583 crore issue, now in allotment stage, saw muted retail participation. Despite losses, the flex workspace provider posted a 32% revenue growth in FY25, signalling confidence in India’s booming flexible office market.
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