New Delhi, July 7 -- Smartworks Coworking IPO in focus: Smartworks Coworking's initial public offering (IPO) is scheduled to kick off for subscription on Thursday, July 10, and will remain open until Monday, July 14.
The company aims to raise Rs.582 crore through the offering, which is a combination of a fresh issue of 1.09 crore shares aggregating to Rs.445 crore and an offer for sale of 0.34 crore shares aggregating to Rs.137.56 crore.
The IPO price band is set at Rs.387 to Rs.407 per share. Retail investors can apply for a minimum of 36 shares in one lot and can apply for up to 13 lots. At the upper end of the IPO price band, Rs.407 apiece, retail investors are required to make a minimum investment of Rs.14,652 per lot.
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