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Open
22 May 2024
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Close
27 May 2024
3
Allotment
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Listing
Thu, May 30, 2024
Price Band
₹364 to ₹383
Issue Size
1,56,39,638 shares (agg. up to ₹599 Cr)
Lot Size
39 Shares
Listing Date
Thu, May 30, 2024
Latest GMP
₹84
Est. Gain
21.93%
✦ AI Insight
GMP Trend
30-05-2024₹84Est. ₹467+21.93%
29-05-2024₹84Est. ₹467+21.93%
28-05-2024₹125Est. ₹508+32.64%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 60.05x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,352.25 | 930.61 | 559.69 | 508.58 |
| Total Income | 633.69 | 565.79 | 278.72 | 216.02 |
| Profit After Tax | -18.94 | -46.64 | -57.16 | -42.64 |
| NET Worth | 247.19 | 169.36 | 94.72 | 150.75 |
| Reserves and Surplus | -265.56 | -204.30 | -223.37 | -167.12 |
| Total Borrowing | 23.72 | 10.92 | 12.11 | 2.97 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Krystal Integrated Services Ltd. | Mainboard | ₹300.12 Cr | ₹715 | 21.45 | ₹712.85 | -0.30% | ₹600.25 (+0.00%) |
| Updater Services Ltd. | Mainboard | ₹640.00 Cr | ₹300 | 44.31 | ₹283.90 | -5.37% | ₹193.78 (+1.55%) |
| Rulka Electricals Ltd. | SME | ₹26.40 Cr | ₹235 | 28.62 | ₹498.75 | +112.23% | ₹113.00 (+4.24%) |
| Blue Pebble Ltd. | SME | ₹18.14 Cr | ₹168 | 25.16 | ₹208.95 | +24.37% | ₹71.00 (-1.39%) |
| Vrundavan Plantation Ltd. | SME | ₹15.29 Cr | ₹108 | 34.62 | ₹101.65 | -5.88% | ₹34.50 (+2.99%) |
| Kontor Space Ltd. | SME | ₹15.62 Cr | ₹93 | 22.27 | ₹115.90 | +24.62% | ₹59.60 (-8.17%) |
| Service Care Ltd. | SME | ₹20.68 Cr | ₹67 | 21.2 | ₹67.55 | +0.82% | ₹57.95 (+3.48%) |
| Spectrum Talent Management Ltd. | SME | ₹105.14 Cr | ₹173 | 15 | ₹147.25 | -14.88% | ₹61.90 (+3.34%) |
| Infollion Research Services Ltd. | SME | ₹21.45 Cr | ₹82 | 14.24 | ₹198.55 | +142.13% | ₹171.90 (-3.99%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards establishment of new centers | 42.03 |
| 2 | Funding Working Capital Requirement of the Company | 54.37 |
| 3 | General Corporate Purposes | 20.63 |
About Awfis Space Solutions IPO
Incorporated in December 2014, Awfis Space Solutions Limited is a workspace solution provider in India. The company offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations. The company's core solution is co-working, including flexible workspaces, custom office spaces, and mobility solutions. Awfis Space Solutions Limited also provide supporting services such as food and beverages, IT support, infrastructure services, and event hosting. As of December 31, 2023, the company operates 169 centers across 16 cities in India, with a total of 105,258 seats and a chargeable area of 5.33 million sq. ft. Additionally, 31 centers with 25,312 seats are currently under fit-out, with a chargeable area totaling 1.23 million sq. ft. The company has expanded its business offerings and now provides in-house fit-out and facility management services at its centers. As of December 31, 2023, 81.66% of the company's centers are commercial assets, and 18.34% are alternate assets. As of December 31, 2023, the company has a team of over 100 employees with a background in hospitality servicing the needs of every client. The company has
Contact Details
Awfis Space Solutions Ltd. AddressC-28-29, Kissan BhawanQutab Institutional AreaNew Delhi, New Delhi, 110016+91 1141061878cs.corp@awfis.comVisit Website