New Delhi, Sept. 21 -- Awfis Space Solutions Private Ltd is set to launch its initial public offering (IPO) in 2024 and has shortlisted 3 investment banks for it, a report said.

Backed by ChrysCapital and Peak XV Partners, Awfis plans to raise around $100 million to $125 million via the proposed listing and has mandated ICICI Securities, IIFL Capital and Axis Capital as advisors, a report by Moneycontrol said, quoting multiple industry sources.

However, the quantum of the fund raise through the IPO hasn't been finalized yet and may vary later, the report added.

Awfis IPO would be the first public issue in the domestic markets by a co-working space provider.

The work on the IPO had begun earlier and the DRHP may be filed with market re...