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Smartworks Coworking Spaces debuted on the NSE, trading 8% above its IPO price despite net losses.
Smartworks Coworking Spaces made a strong debut on the NSE today, listing at ₹435, a 7% premium over its IPO price of ₹407.
The company, which provides managed office spaces, saw its shares gain an additional 8%, reaching ₹469 by day's end.
Despite reporting net losses, Smartworks saw revenue increase to ₹1,409.67 crore in FY25, up from ₹744 crore in FY23.
The IPO raised ₹583 crore, with a fresh issue of ₹445 crore and an offer for sale of ₹138 crore.
Analysts are optimistic about the company's future, though they advise consulting experts before investing.
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Smartworks Coworking Spaces debutó en la NSE, negociando un 8% por encima de su precio de IPO a pesar de las pérdidas netas.