SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Smartworks Coworking Spaces gets SEBI's nod to float IPO

04 Dec 2024 Evaluate

Smartworks Coworking Spaces has received the Securities and Exchange Board of India’s (SEBI's) approval to float an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares worth Rs 550 crore and an Offer For Sale (OFS) of 67.59 lakh shares by promoters. 

The company would utilise Rs 140 crore towards repayment or prepayment or redemption of certain borrowings. It proposes to use Rs 282.3 crore towards capital expenditure for fit-outs in the new centres and for security deposits of the new centres. The remaining funds will be utilised for general corporate purposes. JM Financial, BOB Capital Markets, IIFL Securities and Kotak Mahindra Capital Company are responsible for managing the company's IPO process.

Smartworks Coworking Spaces is a leading platform for office experiences and managed campuses.


Smartworks Coworking Share Price

432.10 11.10 (2.64%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Syngene Internation. 435.70
Indegene 486.80
CMS Info Systems 318.00
JITF Infralogistics 338.00
Sagility 42.95
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×