The Awfis Space Solutions IPO, a leading provider in the flexible workspace sector, is set to launch with a book built issue of ₹598.93 crores. This includes a fresh issue of 0.33 crore shares amounting to ₹128.00 crores and an offer for sale of 1.23 crore shares amounting to ₹470.93 crores.
The subscription window for the IPO of Awfis Space Solutions opens on May 22, 2024, and closes on May 27, 2024. The allotment is expected to be finalized by May 28, 2024. The IPO will be listed on both BSE and NSE, with a tentative listing date of May 30, 2024.
The IPO price band is set at ₹364 to ₹383 per share. Retail investors can apply with a minimum lot size of 39 shares, requiring an investment of ₹14,937. For sNII, the minimum lot size investment is 14 lots (546 shares), amounting to ₹209,118, and for bNII, it is 67 lots (2,613 shares), amounting to ₹1,000,779.
The book-running lead managers for the IPO of Awfis Space Solutions are ICICI Securities Limited, Axis Capital Limited, Iifl Securities Ltd, and Emkay Global Financial Services Ltd, with Bigshare Services Pvt Ltd serving as the registrar for the issue.
Check the GMP of Awfis Space Solutions IPO:
Awfis Space Solutions IPO Details :
| Company Name | Awfis Space Solutions |
| Sector | Workspace Solutions |
| IPO Type | Mainboard |
| IPO Open date | 22nd May 2024 |
| IPO Close date | 27th May 2024 |
| OFS | |
| Listing Exchanges | NSE, SME |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Awfis Space Solutions IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 39 | 14,937 |
| Retail (Min) | 14 | 546 | 2,09,118 |
| HNI (Min) | 67 | 2613 | 10,00,779 |
Awfis Space Solutions IPO Timeline:
| IPO Open Date | 22nd May 2024 |
| IPO Close Date | 27th May 2024 |
| Basis of Allotment | 28th May 2024 |
| Refund Initiation Date | 29th May 2024 |
| Shares Credit to Demat | 29th May 2024 |
| Listing Date | 30th May 2024 |
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
