New Delhi, July 8 -- Smartworks Coworking IPO is set to begin public subscriptions on July 10 and will end on July 14, with a bidding window for anchor investors opening for one day on July 9, as stated by the company.

The company has decreased the size of its IPO. The new issue amount has been reduced to Rs.445 crore from the previously intended Rs.550 crore, while the Offer for Sale (OFS) has been adjusted to 33.79 lakh shares from 67.59 lakh shares.

Smartworks Coworking IPO price band has been established at Rs.387-407 per share for its total initial public offering of Rs.583 crore. With the upper limit of this price range, the IPO is now estimated to be Rs.583 crore, resulting in a market valuation of approximately Rs.4,645 crore. ...