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Smartworks Coworking Spaces launches IPO to raise ₹582.56 crore amid mixed investor views.
Smartworks Coworking Spaces is launching its IPO on July 10, aiming to raise ₹582.56 crore by selling fresh shares and some existing shares.
The IPO price is set between ₹387 and ₹407 per share.
Despite posting a net loss last year, the company's revenue grew significantly.
Smartworks plans to use the funds to expand and reduce debt.
The shares are expected to be listed on July 17.
Investment advisors have mixed views, with some recommending caution due to high valuations and ongoing losses.
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Smartworks Coworking Spaces lanza IPO para recaudar ₹582.56 crore en medio de opiniones mixtas de los inversores.