Awfis Space Solutions IPO: The initial public offering (IPO) of Awfis Space Solutions opened for subscription on Wednesday, May 22. The IPO of the workspace solution provider will be open for subscription until Monday, May 27 from 10 am to 5 pm.

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Awfis Space Solutions IPO is a book-built issue of Rs 598.93 crore and is a combination of a fresh issue of 0.33 crore shares aggregating to Rs 128.00 crores and an offer for sale of 1.23 crore shares aggregating to Rs 470.93 crore.

Awfis Space Solutions IPO subscription status 

According to provisional exchange data, Awfis Space Solutions IPO's share sale received bids for 93,68,22,510 shares against 86,29,670 shares on offer, translating into a subscription of 108.56 times on Monday, the fourth day of the bidding process.

Category Subscription (No. of times the equity reserved)
Qualified institutional buyers  116.95
Non-institutional investors 129.81
Retail investors 54.58
Overall 108.56
Source: Exchange data

Awfis Space Solutions IPO details: Here are important things to know about the issue

Awfis Space Solutions IPO allotment date

The basis of the allotment of shares under the IPO of Awfis Space Solutions is set to be finalised Tuesday, May 28. 

Awfis Space Solutions IPO listing date

The Awfis Space Solutions IPO stock is likely to be listed in the secondary market on Thursday, May 30. The stock will be traded on BSE and NSE.

Awfis Space Solutions IPO price band, Awfis Space Solutions IPO lot size

Awfis Space Solutions IPO price band is set at Rs 364 to Rs 383 per share. The minimum lot size for an application is 39 shares. The minimum amount of investment required by retail investors is Rs 14,937. 

Awfis Space Solutions IPO: Book-running lead managers

ICICI Securities, Axis Capital, Iifl Securities and Emkay Global Financial Services are the book-running lead managers of the Awfis Space Solutions IPO.

Awfis Space Solutions IPO: Registrar

Bigshare Services is the registrar for the issue.

What does Awfis Space Solutions do?

Incorporated in 2014, Awfis Space Solutions Limited is a workspace solution provider in India.

Awfis Space Solutions offers a wide range of flexible workspace solutions, catering to the needs of individuals, start-ups, SMEs, and large corporations.

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