Mumbai, July 11 -- The initial public offer of Smartworks Coworking Spaces received bids for 1,19,96,496 shares as against 1,04,01,828 shares on offer, according to stock exchange data at 17:00 IST on Friday (11 July 2025). The issue was subscribed 1.19 times.

The issue opened for bidding on 10 July 2025 and it will close on 14 July 2025. The price band of the IPO is fixed between Rs 387 and 407 per share. An investor can bid for a minimum of 36 equity shares and in multiples thereof.

The issue comprises 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 shareholder Space Solutions India. Within the promoter OFS, NS Niketan LLP wi...