31 Mar 2021
Assets508.58
Total Income216.02
Profit After Tax-42.64
NET Worth150.75
Reserves and Surplus-167.12
Total Borrowing2.97
At a glance
Updated 2026-08-24The shares listed at ₹435.00, a 13.58% move from the issue price. Awfis Space Solutions is a Mainboard IPO with an issue size of ₹598.93 crore, proposed for listing on BSE, NSE. The offer opens on 22nd May 2024 and closes on 27th May 2024. The issue structure includes a fresh issue of ₹128.06 crore and an offer-for-sale component of ₹470.87 crore. The current listing schedule points to 30th May 2024.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹598.93 Cr
Fresh issue₹128.06 Cr
Offer for sale₹470.87 Cr
Face value₹10
Price band₹364.00–₹383.00
Allotment28th May 2024
Listing30th May 2024
Listing performance
Full performance ↗Issue price₹383.00
Listing price₹435.00
Current price—
Listing gain13.58%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹84.00
GMP / upper price21.93%
Est. listing₹467.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd May 2024
Closes27th May 2024
Allotment28th May 2024
Refund29th May 2024
Demat29th May 2024
Listing30th May 2024
Subscription demand
Full bidding ↗Total108.17×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 39 | ₹14,937 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Funding capital expenditure towards establishment of new centers | ₹42.03 Cr |
| Funding Working Capital Requirement of the Company | ₹54.37 Cr |
| General Corporate Purposes | ₹20.63 Cr |
Financials
Full financials ↗31 Mar 2022
Assets559.69
Total Income278.72
Profit After Tax-57.16
NET Worth94.72
Reserves and Surplus-223.37
Total Borrowing12.11
31 Mar 2023
Assets930.61
Total Income565.79
Profit After Tax-46.64
NET Worth169.36
Reserves and Surplus-204.30
Total Borrowing10.92
31 Dec 2023
Assets1,352.25
Total Income633.69
Profit After Tax-18.94
NET Worth247.19
Reserves and Surplus-265.56
Total Borrowing23.72
Trend chart₹ crore
KPIs
| KPI | Dec 31, 2023 |
|---|---|
| ROCE | 37.43% |
| Debt / Equity | 0.10% |
| RoNW | -7.66% |
| PAT Margin | -2.99% |
| Price to Book Value | 9.63 |
Issue expenses
| Expense | Amount |
|---|---|
| Fees payable to the Book Running Lead Managers and commissions (including underwriting commission, brokerage and selling commission) | ₹21.50 Cr |
| Selling commission payable to SCSBs for Bids directly procured by them and processing fees payable to SCSBs for Bids procured by the members of the Syndicate, the Registered Brokers, CRTAs or CDPs and submitted to SCSBs for blocking, Bankers to the Offer, fees payable to the Sponsor Banks for Bids made by RIBs. Selling commission and uploading charges payable to members of the Syndicate (including their Sub-Syndicate Members), RTAs, CDPs and Registered Brokers | ₹1.62 Cr |
| Processing fees payable to the Sponsor Banks | ₹0.46 Cr |
| Fees payable to Registrar to the Offer | ₹0.29 Cr |
| Printing and stationery expenses | ₹1.10 Cr |
| Advertising and marketing expenses | ₹2.13 Cr |
| Listing fees, SEBI fees, BSE and NSE processing fees, book-building software fees, and other regulatory expenses | ₹4.00 Cr |
| Fees payable to legal counsel | ₹9.08 Cr |
| Other expenses - Insurance, Industry report by Redseer etc, depository charges, Other professional fee | ₹10.81 Cr |
Registrar & lead managers
Registrar
Bigshare Services Pvt.Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-24.