The moment of truth has arrived for SmartWorks Coworking IPO investors! The IPO allotment was finalized on July 15, 2025, and investors are eagerly checking their allotment status ahead of the stock market debut on July 17. Here’s everything you need to know about checking your allotment and what to expect.
Table of Contents
SmartWorks Coworking IPO Performance Overview
The ₹582.56 crore initial share sale had a price band of ₹387-₹407 per share, comprising a fresh issuance of ₹445 crore and an offer for sale of ₹137.56 crore. The IPO achieved an overall subscription of 13.45 times by the final day of bidding on July 14, showing strong investor interest in the coworking space leader.
Key IPO Timeline & Dates
| Event | Date | Status |
|---|---|---|
| IPO Opening | July 10, 2025 | Completed |
| IPO Closing | July 14, 2025 | Completed |
| Allotment Finalization | July 15, 2025 | Completed |
| Refund Process | July 16, 2025 | In Progress |
| Listing Date | July 17, 2025 | Tomorrow |
| Exchanges | BSE & NSE | Confirmed |
Current Grey Market Premium (GMP)
According to Business Standard, the Grey Market Premium (GMP) of SmartWorks Coworking was ₹16 as of July 15, 2025, indicating shares are likely to list at ₹423, showing a 3.93% gain. This modest premium suggests cautious optimism among grey market traders.
How to Check Your Allotment Status
Method 1: Through BSE Website
- Visit BSE’s official allotment page
- Select “SmartWorks Coworking Spaces Ltd” from the dropdown
- Enter your PAN number or application number
- Enter the captcha and click “Submit”
- Your allotment status will be displayed
Method 2: Through NSE Website
- Go to NSE’s IPO allotment status page
- Select the IPO name from the list
- Choose between PAN or application number
- Enter the required details and submit
- View your allotment results
Method 3: Through Registrar (MUFG India)
MUFG Intime India is the registrar for this IPO, and investors can check their status directly through the registrar’s portal using their PAN or application number.
What Happens Next?
Bidders will receive messages, alerts, or emails for fund debits or mandate revocations by Wednesday, July 16. Allotted shares will be credited to demat accounts by Wednesday, July 16, 2025.
Company Performance & Prospects
The company reported revenue of ₹1,409.67 crores in 2025 against ₹1,113.11 crores in 2024, showing strong growth trajectory. As of March 31, 2025, the company served 738 clients with 152,619 seats, and currently has 728 clients with 169,541 seats.
For comprehensive IPO analysis and investment strategies, visit TechnoSports Finance for expert insights.
Listing Day Expectations
SmartWorks Coworking shares will list on both BSE and NSE on July 17, 2025. With the current GMP suggesting a modest premium, investors should be prepared for potential volatility on listing day.
Investment Allocation Details
The retail quota was 10%, QIB was 75%, and HNI was 15%, indicating strong institutional interest in the offering. Each lot consisted of 36 shares, making the minimum investment ₹14,652 at the upper price band.
Market Context
The coworking sector has shown resilience post-pandemic, with hybrid work models driving demand. SmartWorks’ position as a market leader in India’s coworking space makes it an interesting addition to portfolios focused on real estate and workspace solutions.
For more IPO updates and market analysis, check out TechnoSports Markets for daily insights.
What to Watch on Listing Day
- Opening Price: Compare with GMP predictions
- Volume: High trading volumes indicate strong interest
- Price Movement: Monitor for listing gains or losses
- Institutional Activity: Watch for bulk deals
Visit the BSE official website for real-time trading updates and market data.
Conclusion
SmartWorks Coworking’s IPO journey reaches its crescendo with tomorrow’s listing. While the modest GMP suggests realistic expectations, the company’s strong fundamentals and market position in the growing coworking sector make it worth watching.
Whether you received an allotment or not, the listing performance will set the tone for future workspace-focused IPOs in the Indian market.
FAQs
Q: How can I check my SmartWorks Coworking IPO allotment status?
A: You can check your allotment status through three methods: BSE website, NSE website, or directly through the registrar MUFG Intime India’s portal. You’ll need either your PAN number or application number to check the status. The allotment was finalized on July 15, 2025, and shares will be credited to demat accounts by July 16, 2025.
Q: When will SmartWorks Coworking shares start trading and what’s the expected listing price?
A: SmartWorks Coworking shares will start trading on both BSE and NSE on July 17, 2025. Based on the current Grey Market Premium (GMP) of ₹16, the shares are expected to list around ₹423, indicating a potential 3.93% gain over the upper price band of ₹407. However, actual listing prices may vary based on market conditions and demand on the listing day.
