New Delhi, July 10 -- Smartworks Coworking IPO Subscription Status: The initial public offering (IPO) of Smartworks Coworking hit the halfway mark on the first day of the bidding process on Thursday, with the non-institutional investors leading the charge.

The grey market premium (GMP) trend for Smartworks Coworking IPO remained healthy amid a lacklustre Indian stock market.

Smartworks Coworking IPO was subscribed 50% at the end of the first day of the book-building process. The retail portion was subscribed 57%, while the NII portion sailed through, garnering 1 times bids. The qualified institutional buyers portion did not see any bids today, and the employee portion was booked 47%.

Smartworks Coworking IPO GMP today is Rs.32. This me...