Ashok Rathi

Awfis Space Solutions Limited IPO Details Date 2024

Awfis Space Solutions IPO Details. Awfis Space Solutions was incorporated in 2015. Awfis Space Solutions  IPO subscription opens from 22 May 2024 and issue closes on 27 May 2024. IPO Face value is Rs.10 per share. IPO Issue bid size is between Rs.364  to Rs.383 per share. The  lot size is 39 shares per lot. This is a Book Built Issue IPO.

  1. Awfis Space Solutions IPO Offer For Sale is, 12,295,699 shares .
  2. Awfis Space Solutions Total Issue Size is 15,637,736  shares and company wants to aggregate up to ₹ 128.00 Cr.
  3. Company Share Holding, Pre Issue is 66,075,779 shares.
  4. Company Share Holding, Post Issue will be 69,417,816 shares.
  5. This IPO is Listing at NSE SME, on 30 May 2024.

ICICI Securities Limited, Axis Capital Limited, IIFL Securities Ltd, and Emkay Global Financial Services Ltd are serving as the book-running lead managers for the Awfis Space Solutions IPO. Bigshare Services Pvt Ltd is the registrar for the issue.

Awfis Space Solutions IPO Timeline :

  1. Awfis Space Solutions IPO issue opens on 22 May  and closes on 27 May 2024.
  2. Cut Off Time of UPI Payment is, Friday by 5pm on 27 May 2024.
  3. IPO Issue Basis of Allotment is, 28 May 2024.
  4. Who did not get the allotment of shares, Refunds Initiation begins from Wednesday 29 May 2024.
  5. Who got the allotment, Shares will be Credited in their Demat Account by Wednesday 29 May 2024.
  6. Finally IPO lists on Friday 30 May 2024. This is the IPO timeline of Awfis Space Solutions  IPO.

Awfis Space Solutions IPO Reservations for Investor Categories :

QIB Investors Shares Offered Not more than 75% of the Net Issue.

Retail Investors Offered Not less than 10% of the Net Shares Issue.

NII (HNI) Investors Offered Shares Not less than 15% of the Net Issue.

Awfis Space Solutions Limited IPO Details Date 2024
Awfis Space Solutions Limited IPO Details Date 2024

Awfis Space Solutions IPO Lot Size Minimum to Maximum allotment for Investors :

  1. Retail Investor can apply for Minimum, 1 lot which has 39 shares and investing amount ₹ 14937.
  2. Retail Investor Maximum apply for 13 lot, 507shares, amount ₹ 194,181.
  3. Small HNI Investor Minimum 14 lot, 546 shares, amount ₹ 207,118.
  4. Small HNI Investor Maximum applies for 66 lot, 2574 shares, and amount ₹ 985,842.
  5. Big HNI Minimum applies for 67 lot, 2613 shares, and amount ₹ 1,000,779.

An Intro About Awfis Space Solutions :

Founded in December 2014, Awfis Space Solutions Limited is a prominent workspace solutions provider in India.

The company offers a diverse array of flexible workspace solutions, catering to individuals, start-ups, SMEs, and large corporations.

Awfis Space Solutions’ primary offering is co-working spaces, which include flexible workspaces, custom office spaces, and mobility solutions. The company also provides various support services such as food and beverages, IT support, infrastructure services, and event hosting.

As of December 31, 2023, Awfis operates 169 centers across 16 cities in India, encompassing 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, covering a chargeable area of 1.23 million sq. ft.

If you want to check the current IPO status of the on going IPO than here is the check list for IPO Subscription Status
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How to apply for Awfis Space Solutions IPO Subscription ?

There are some simple steps to follow

  • First go to your brokers website and login there
  • 2nd after login see the IPO section and click there
  • 3rd click the Awfis Space Solutions IPO Service Bid button here
  • 4th enter and confirm your UPI id here, Fill quantity and price than submit this application form.
  • 5th Now visit your UPI app page and approve the amount transaction.
  • 6th Now Finally IPO Bidding process is completed. Now you have subscribed for this IPO application


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