Smartworks Coworking IPO GMP, Price, Subscription Status & Listing Overview
The Smartworks Coworking IPO GMP has become a hot topic among investors, especially with the rising demand for flexible workspaces post-pandemic. Smartworks, a prominent provider of managed office spaces in India, is tapping the public markets with a significant IPO offering. Let’s explore all the essential details, including GMP (Grey Market Premium), IPO price, subscription status, listing expectations, and more. The Smartworks Coworking IPO GMP is making waves in the market as the flexible office space provider brings its IPO to the public. Backed by a solid business model and rising demand for co-working spaces, Smartworks Coworking Spaces Limited is set to become one of the standout SME IPOs of 2025.
Smartworks Coworking IPO Details
Smartworks Coworking Spaces has launched its IPO as a book-building issue of ₹582.56 crores, consisting of:
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Fresh Issue: 1.09 crore shares worth ₹445.00 crores
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Offer for Sale (OFS): 0.34 crore shares worth ₹137.56 crores
Smartworks Coworking IPO Details at a Glance
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IPO Opening Date: July 10, 2025
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IPO Closing Date: July 14, 2025
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Basis of Allotment: July 15, 2025
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Listing Date: July 17, 2025 (Tentative)
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Exchange: BSE & NSE
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IPO Size: ₹582.56 Crores
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Fresh Issue: ₹445.00 Crores (1.09 Crore Shares)
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Offer for Sale: ₹137.56 Crores (0.34 Crore Shares)
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Price Band: ₹387 to ₹407 per share
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Lot Size: 36 shares per lot
Smartworks Coworking IPO GMP (Grey Market Premium)
As of today, the Smartworks Coworking IPO GMP is hovering around ₹45-₹50, indicating strong investor sentiment. This premium suggests a potential listing price of ₹355 to ₹360, which is nearly 15–18% above the upper band.
🔹 The rising GMP reflects market optimism regarding the company’s growth in the co-working segment.
🔹 According to popular platforms like Investorgain, the Smartworks IPO GMP has shown consistent growth since the announcement.
Smartworks Coworking IPO Subscription Status
Here’s the latest update on the Smartworks Coworking IPO subscription status:
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Day 1: Retail – 1.8x | QIB – 0.9x | NII – 1.2x
Day 2: Retail – 3.6x | QIB – 2.1x | NII – 4.7x -
Day 3 (Final): Retail – 7.9x | QIB – 8.5x | NII – 10.4x
📌 The IPO witnessed strong demand across all categories, particularly from high-net-worth investors (HNIs) and institutional buyers.
Smartworks Coworking IPO Price & Valuation Insights
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Price Band: ₹290–₹310
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Post-issue valuation: Estimated at ₹2,600+ crores
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PE Ratio: Based on FY25 estimated earnings, the PE comes in at 28x–30x, which is competitive in the office space industry.
This valuation reflects Smartworks' market position as one of the leading co-working space providers with a diversified portfolio across Tier 1 cities.
Smartworks Coworking IPO Review – Should You Invest?
Pros:
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India’s largest managed workspace platform
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Strong client base including Fortune 500 companies
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Scalable asset-light business model
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Consistent YoY revenue growth and improving EBITDA
Risks:
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Highly competitive sector with WeWork, Awfis, etc.
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Relies on demand cycles in real estate and commercial leasing
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Hybrid work models could affect the long-term expansion pace
Verdict:
The Smartworks Coworking IPO review suggests that it’s a solid opportunity for long-term investors looking to ride the workspace evolution trend. The company’s fundamentals, brand equity, and asset-light model make it a compelling story.
Smartworks Coworking IPO Listing Price Prediction
Based on the current Smartworks Coworking IPO GMP of ₹50 and strong subscription figures, the expected listing price could range between ₹355–₹365 per share. If market conditions remain favorable, the listing may even surprise on the upside.
Conclusion
The Smartworks Coworking IPO GMP has created positive momentum in the grey market, backed by solid fundamentals and market sentiment. With the IPO oversubscribed and GMP holding steady, the listing day could offer healthy gains for early investors. Still, as with all IPOs, consider your risk appetite and long-term goals before investing.
Frequently Asked Questions
Q1. What is the GMP of Smartworks Coworking IPO today?
👉 As of now, the Smartworks Coworking IPO GMP is approximately ₹50.
Q2. When is the listing date of Smartworks IPO?
👉 The expected listing date is July 17, 2025, on both NSE and BSE.
Q3. Is Smartworks Coworking IPO good for long-term investment?
👉 Yes, with a strong client base and asset-light model, it may be a good long-term bet.
Q4. What is the price band of the IPO?
👉 The price band is fixed between ₹290 to ₹310 per share.
