AWFIS Space Solutions Ltd
Price Range
₹364 - ₹383
Min. Quantity
39
Closes on
27 May 2024
Min. investment
₹14,937/507 Shares
AWFIS Space Solutions Ltd IPO Timeline
Awfis Space Solutions Limited' was incorporated as Awfis Space Solutions Private Limited' as a private limited company pursuant to a certificate of incorporation dated December 17, 2014. Thereafter, the Company was converted from a private limited company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of the companies Shareholders held on November 24, 2023, and the name of the Company was changed to Awfis Space Solutions Limited', with a fresh certificate of incorporation dated December 5, 2023,
| Event | Date |
|---|---|
| AWFIS Space Solutions Ltd IPO Opening Date | 22 May 2024 |
| AWFIS Space Solutions Ltd IPO Closing Date | 27 May 2024 |
| Basis of Allotment | 28 May 2024 |
| Initiation of Refunds | 29 May 2024 |
| Credit of Shares to Demat | 29 May 2024 |
| AWFIS Space Solutions Ltd IPO Listing Date | 30 May 2024 |
AWFIS Space Solutions Ltd IPO Details
| AWFIS Space Solutions Ltd IPO Date | 22 May 2024 to 27 May 2024 |
| AWFIS Space Solutions Ltd IPO Face Value | ₹10 per share |
| AWFIS Space Solutions Ltd IPO Price | ₹364 to ₹383 per share |
| AWFIS Space Solutions Ltd IPO Lot Size | 39 |
| Issue Size | Shares of ₹10 (aggregating up to ₹598.93 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹128 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹470.93 Cr) |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 46,75,656 of the Net Offer |
| Retail Shares Offered | Not less than 15,58,551 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 23,37,827 of the Net Offer |
| Company Promoters | Amit Ramani, Peak XV Partners Investment V |
AWFIS Space Solutions Ltd IPO Lot Size
The AWFIS Space Solutions Ltd IPO lot size is 39 shares. A retail-individual investor can apply for up to 13 lots (507 shares or ₹1,94,181).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 39 | ₹14,937 |
| Maximum | 13 | 507 | ₹1,94,181 |
- Strengths
- Risks
- Opportunities
- Leadership in a large and growing marketplace.
- Innovating in the flexible workspace industry with the adoption of its MA model.
- Diverse space sourcing and demand strategies.
- Growth through an integrated platform approach.
- Delivering strong financial and operating metrics;
- Its experienced and diverse senior management team.
Company Financials
AWFIS Space Solutions Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 1,396.35 | 872.84 | -18.05 |
| 03-2023 | 930.81 | 565.78 | -46.34 |
| 03-2022 | 559.81 | 278.71 | -57.05 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards establishment of new centers
- Funding its working capital requirements
- General corporate purposes
AWFIS Space Solutions Ltd IPO Promoter Holding
| Pre Issue Share Holding | 18.19% |
| Post Issue Share Holding | - |
AWFIS Space Solutions Ltd IPO Subscription Status (Bidding Detail)
The AWFIS Space Solutions Ltd IPO is subscribed 108.56 times on 27 May 2024 05:00:00 PM. The public issue subscribed 54.58 times in the retail category, 116.95 times in the QIB category, and 129.81 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 116.95 | 129.81 | 54.58 | 25.2 | 108.56 |
AWFIS Space Solutions Ltd IPO Prospectus
AWFIS Space Solutions Ltd IPO Listing Date
| Listing Date | 30 May 2024 |
| BSE Script | 544181 |
| NSE Symbol | AWFIS |
| Listing In | BSE, NSE |
| ISIN | INE108V01019 |
| IPO Price | ₹383 |
| Face Value | ₹10 |
Company Contact Information
C-28-29 Kissan BhawanQutab Institutional Area,New Delhi-110016
Phone: +91 11 4106 1878
Email: cs.corp@awfis.com
Website: www.awfis.com
AWFIS Space Solutions Ltd IPO Registrar
AWFIS Space Solutions Ltd IPO Lead Manager(s)
- ICICI Securities Ltd
- Axis Capital Ltd
- IIFL Securities Ltd
- Emkay Global Financial Services Ltd
FAQ
What is the issue size of AWFIS Space Solutions Ltd IPO?
I have pre-applied for AWFIS Space Solutions Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.