Mumbai, July 15 -- The initial public offer of Smartworks Coworking Spaces received bids for 13,99,09,320 shares as against 1,04,01,828 shares on offer. The issue was subscribed 13.45 times.

The Qualified Institutional Buyers (QIBs) category was subscribed 24.41 times. The Non-Institutional Investors (NIIs) category was subscribed 22.78 times. The Retail Individual Investors (RIIs) category was subscribed 3.53 times.

The issue opened for bidding on 10 July 2025 and it closed on 14 July 2025. The price band of the IPO is fixed between Rs 387 and 407 per share.

The issue comprised a fresh equity issue of Rs 445 crore and an offer for sale (OFS) of 33,79,740 shares - including 8,00,000 shares by promoters and 25,79,740 shares by investor ...