Smartworks Coworking Share Price Debut With 7% Premium On NSE: Time To Buy, Sell Or Hold? – Live India
– Commercial –
July 17, 2025: Smartworks Coworking Share Price, India’s largest managed campus operator, made a modest debut on inventory exchanges on Thursday, itemizing at a premium of almost 7 p.c over its preliminary public providing (IPO) value.
The corporate’s Rs 583-crore IPO, which passed off between July 10 and 14, attracted robust curiosity, with subscription ranges reaching 13.45 instances at a value band of Rs 387-407 per share. On the Nationwide Inventory Alternate (NSE), Smartworks shares had been listed at Rs 435 every, reflecting a 6.88 p.c premium, whereas on the Bombay Inventory Alternate (BSE), shares debuted at Rs 436.10, up 7.15 p.c from the IPO value.
Following the itemizing, the entire market capitalization of Smartworks Coworking Share Price stood at Rs 4,977.27 crore. Previous to the IPO, the corporate had raised Rs 173.64 crore from anchor buyers.
Smartworks plans to make the most of the funds raised primarily for enterprise enlargement and debt discount. As of March 31, 2024, the Gurugram-primarily based agency managed 8.99 million sq. toes of leased workplace house, working 48 coworking facilities with seating capability exceeding 1.9 lakh.
– Commercial –
Trade consultants view the itemizing as a optimistic step, with the Smartworks Coworking Share Price efficiency barely exceeding gray market expectations, which had anticipated beneficial properties round 6 p.c.
Narendra Solanki, Head of Elementary Analysis at Anand Rathi Shares and Inventory Brokers, highlighted Smartworks’ spectacular development trajectory, noting a compound annual development charge (CAGR) of 38.37 p.c in managed house between 2020 and 2024, properly above the business common of 23-24 p.c.
Valued at a value-to-gross sales (P/S) ratio of three.3x and an EV/EBITDA of 9.7x on the higher value band, Smartworks’ submit-problem market capitalization is Rs 4,644.8 crore.
Traders are suggested to contemplate holding Smartworks shares with an extended-time period perspective, weighing their danger urge for food and return expectations as the corporate embarks on an enlargement journey within the versatile workspace sector.
