Awfis Space Solutions IPO

LISTED

Awfis Space Solutions Ltd · Mainboard IPO · NSE · Retail

Price Band

₹364 – ₹383

Issue Size

₹599 Cr

Lot Size

39

Listing Gain

+13.58%

About Awfis Space Solutions Ltd & Business Model

Awfis Space Solutions is India's largest omnichannel co-working space platform, operating across 150+ centres in 52 cities with 105,000+ seats.

Business Operations & Revenue Model

Awfis Space Solutions Ltd operates a scalable business model focused on value creation within Retail. Revenue is generated through primary product sales, long-term service contracts, B2B distribution networks, and key institutional partnerships. The business leverages automated manufacturing facilities, strict quality control systems, and strategic sourcing to maintain competitive margins and reliable service delivery.

Products & Key Services

1. Core Product & Service Offerings: Comprehensive product lines engineered for Retail standards. 2. Customized Solutions: Bespoke product configurations designed to meet specific B2B and institutional client specifications. 3. After-Market & Value-Added Services: Dedicated maintenance, technical support, and supply chain fulfillment services.

Promoters & Corporate Leadership

Awfis Space Solutions Ltd is led by experienced promoters with extensive industry track records and strategic governance capabilities. The leadership team brings multi-decade experience across operations, commercial strategy, corporate administration, and fiscal management.

Objects of the Issue (IPO Objectives)

The company proposes to utilize ₹128.00 Cr for the following primary objectives: 1. Funding capital expenditure requirements for expanding operational infrastructure and technology upgrades. 2. Meeting working capital requirements to support continuous business expansion. 3. Prepayment or repayment of certain outstanding borrowings to optimize capital structure. 4. General corporate purposes and strategic growth initiatives.

IPO Details & Terms

IPO TypeMAINBOARD · BOOK BUILDING
Price Band₹364 – ₹383
Face Value₹2
Issue Size₹599.00 Cr
Fresh Issue₹128.00 Cr
Offer for Sale₹471.00 Cr
Lot Size39
Min. Investment₹14,937
Max Retail LotsN/A
ExchangeNSE
NSE SymbolAWFIS
BSE CodeN/A
ISININE0POA01016
QIB Quota50%
NII Quota15%
Retail Quota35%
RegistrarLink Intime India Pvt Ltd

Strengths & Risks

✅ Strengths

  • Established market presence and strong brand recognition in Retail.
  • Integrated operational capabilities with focus on quality assurance and efficiency.
  • Diversified customer base reducing revenue concentration risk.
  • Experienced promoter and management team with strong domain expertise.
  • Scalable operational architecture positioned for future expansion.

⚠️ Risks

  • Fluctuations in key raw material availability and pricing could impact gross operating margins.
  • Dependency on third-party logistics and supply chain partners for timely distribution.
  • Intense market competition from both domestic established players and new entrants in Retail.
  • Regulatory changes or macroeconomic shifts affecting industry demand cycles.
  • Working capital intensive business operations requiring consistent cash flow management.

🚀 Opportunities

  • Expansion into high-growth regional and export markets.
  • Introduction of innovative product lines targeting evolving customer preferences in Retail.
  • Operational efficiency improvements through increased automation and digital integration.

Frequently Asked Questions

What is Awfis Space Solutions IPO?

Awfis Space Solutions IPO is an IPO by Awfis Space Solutions Ltd (Retail sector). The issue price is ₹364 – ₹383 with a lot size of 39 shares.

What is the minimum investment for Awfis Space Solutions IPO?

The minimum investment for Awfis Space Solutions IPO is approximately ₹14,937 (1 lot of 39 shares at ₹383 upper price band).

When is the Awfis Space Solutions IPO allotment?

The allotment date for Awfis Space Solutions IPO is 27 May 2024.

When does Awfis Space Solutions IPO list?

Awfis Space Solutions IPO is scheduled to list on 30 May 2024.

Key Dates

DRHP DateN/A
RHP DateN/A
Open Date22 May 2024
Close Date27 May 2024
Allotment27 May 2024
RefundN/A
Demat CreditN/A
Listing Date30 May 2024

IPO Rating

4.0
Overall Rating out of 5
Business
4.2/5
Financials
3.9/5
Valuation
3.8/5
Growth
4.1/5
Risk
3.5/5

Check Allotment Status

Verify your allotment on the official registrar website. Never share OTP or passwords.

Check on Link Intime India Pvt Ltd

GMP (Grey Market Premium) is an unofficial, unregulated indicator. It does not guarantee the listing price. All IPO information is for educational purposes only. Verify from official SEBI/NSE/BSE sources.