Mon, Aug 19, 2024
Last week, Smartworks Coworking Spaces, one of the leading providers of managed office space to corporates, filed a draft red herring prospectus (DRHP) with capital markets regulator Sebi to raise funds through an Initial Public Offering (IPO).
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Fri, Aug 16, 2024
Smartworks Coworking Spaces Ltd has filed for an initial public offering (IPO) with SEBI, seeking to raise funds through a combination of a fresh equity issue and an Offer For Sale (OFS). The IPO plans include raising Rs 550 crore, with funds allocated for capital expenditure, loan repayment, and general corporate purposes.
Thu, Jun 27, 2024
The company counts Keppel Ltd., Mahima Stocks Private Limited and Deutsche Bank A.G. London Branch among others, as its most prominent investors while the promoters of Smartworks continue to have majority shareholding in the company.
Fri, Sep 15, 2023
Smartworks, India's largest provider of managed workspaces has expanded its portfolio to more than 40 centres spanning 8 million square feet across India with the addition of its newest centre, Olympia Pinnacle, in Chennai.
Sun, May 07, 2023
The two new centres, located at Golf Course Road in Gurugram and Noida Sector 62, will be operational in June-July. With the addition of these two properties, Smartworks office space portfolio has crossed 10 lakh (one million) square feet in Delhi-NCR.
Mon, Jan 30, 2023
Smartworks is one of the leading players in the managed office space market with a portfolio of over 7 million square feet.
Wed, Jun 13, 2018
Intense competition among shared workplace operators is leading to rapid expansion with stock exceeding 8 million sq ft across top eight cities, where more than 120 co-working operators are present and competing with each other.
Sun, May 06, 2018
This is in line with Smartworks' plans to grow its footprint by nearly 400 percent with its new centres in other tier-1 cities of Mumbai, Chennai and Hyderabad. With this launch, Smartworks is taking its total number of centers in India to 15 across nine cities namely, Delhi, Gurugram, Noida, Kolkata, Bangalore, Mumbai, Pune, Chennai and Hyderabad
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