
Real Estate / Services · NSE / BSE
Awfis Space Solutions Limited is one of India's leading workspace providers, established in December 2014. The company offers flexible workspace solutions for individuals, start-ups, small businesses, and large companies. Its main services include co-working spaces, custom office spaces, and mobility solutions, along with IT support, food & beverages, event hosting, and facility management services. As of December 31, 2023, Awfis operates 169 centers across 16 cities, with 1.05 lakh seats covering 5.33 million sq. ft. of workspace. Additionally, 31 new centers are under development, offering 25,312 seats. With a team of over 100 hospitality professionals and 63 designers and project managers, Awfis delivers high-quality services and a premium office experience for its clients.
Price Band
₹364 – ₹383
Issue Size
₹599 Cr
Lot Size
39 shares
GMP
+21.9%
Est. Listing
₹467
at current GMP
Subscribed
108.17x
overall
Open
22 May 2024
Close
27 May 2024
Allotment
29 May 2024
Refund
30 May 2024
Demat Credit
31 May 2024
Listing
30 May 2024
Overall Subscription
108.17x
Total Demand
QIB Multiplier
116.95x
Institutions & Funds
NII / HNI
129.27x
High Net-Worth
Retail (RII)
53.23x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 4,675,656 | 546,835,497 | 116.95x |
| NIB | 2,337,827 | 302,220,984 | 129.27x |
| HNIs(10L +) | 1,558,552 | 215,307,651 | 138.15x |
| HNIs (2-10L) | 779,275 | 86,913,333 | 111.53x |
| RETAIL | 1,558,551 | 82,957,290 | 53.23x |
| EMPLOYEES | 57,636 | 1,422,135 | 24.67x |
| Total | 10,967,497 | 1,235,656,890 | 108.17x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 140,340 | 7,470,298 | 53.23x |
| HNIs (10L +) | 898 | 116,084 | 129.27x |
| HNIs (2-10L) | 4,296 | 555,344 | 129.27x |
| Total Applications | 145,534 | 8,141,726 | 55.94x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Awfis Space Solutions Limited is bringing an initial public offering (IPO) in the Real Estate / Services sector with an aggregate issue size of ₹598.93 Crores. The shares are offered at a price band of ₹364 to ₹383 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-05-27, the basis of allotment is scheduled to be finalized on 2024-05-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for Awfis Space Solutions Limited IPO is ₹84 per equity share. Based on the upper price band of ₹364 to ₹383 per equity share, the estimated listing price is ₹467 (+21.9% expected listing gain).
With a lot size of 39 shares and current GMP of ₹84, the expected profit per application lot is approx ₹3,276 (+21.9% gain). Minimum application cost is approx ₹14,937.
The Awfis Space Solutions Limited IPO aggregate issue size is ₹598.93 Crores with an equity price band set at ₹364 to ₹383 per equity share. The retail lot size is 39 shares requiring a minimum capital outlay of approx. ₹14,937.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 108.17x (Retail: 53.23x, QIB: 116.95x, NII: 129.27x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-05-29. Investors can verify status using PAN card or application number.
Awfis Space Solutions Limited shares are scheduled to list on NSE and BSE on 2024-05-30.