The ₹582.56-crore IPO of Smartworks Coworking Spaces is set to open for subscription on July 10. The flexible workspace operator, which received regulatory approval from the Securities and Exchange Board of India (Sebi) in December 2024, has revised its fresh issue size from the earlier planned ₹550 crore to ₹445 crore, while the offer for sale (OFS) component now stands at ₹137.56 crore.
In an exclusive conversation with Fortune India, Smartworks co-founders Neetish Sarda and Harsh Binani shared insights into the company’s IPO journey, capital-raising objectives, and strategic roadmap for future growth.
“In just eight years, including two years of Covid, SmartWorks has grown to become India’s largest campus-based flexible…