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AWFIS Space Solutions Limited IPO 2024 AWFIS Space IPO Details

AWFIS Space Solutions Limited IPO is on the way for investing. AWFIS IPO is going to start from 22 May 2024 to 27 May 2024. The company AWFIS Space Solutions Limited offers customized office spaces and flexible desks for small to large multinational companies, and even for start-ups. 

AWFIS Space Solutions Limited IPO Launch, Closing, Listing Date

The AWFIS Space Solutions Limited IPO will Launched on Wednesday, 22 May 2024, and close on Monday, 27 May 2024. The expected listing date for AWFIS Space Solutions Limited IPO is Thursday, 30 May 2024. The company set a price band of Rs 364 to 383 per share for the IPO. The issue size is Rs 598.93 crores for the IPO. 

AWFIS IPO Launch Date 22 May 2024
IPO Close Date 27 May 2024
IPO Listing Date (tentative) 30 May 2024

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AWFIS Space Solutions Limited IPO Fundamental Details

The company is also involved in many business services such as AWFIS construction and fit-out services, transform, AWFIS Care, and facility management services along with the company’s core business of co-working solutions. 

In the Awfis IPO, the face value is Rs 10 per share, and the price band is Rs 364 to 383. The total issue size for the Awfis IPO is 1,56,37,736 shares which aggregate to Rs 598.93 crores. 

In this issue size, 33,42,037 shares are freshly issued which aggregate to Rs 128 crores. The remaining 1,22,95,699 shares are Offer-for-sale shares, which aggregate to Rs 470.93 crores.

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Retail Investment Details

For retail investors, a minimum of 1 lot of 39 shares, with a value of Rs 14,196 has been set by the company. Retailers can also apply for a maximum of 13 lots (507 shares) of value Rs 1,94,181.

S-HNI Investment Details

For S-HNI (High Networth individuals) a minimum of 14 lots (546 shares) of value Rs 2,09,118 has been set. The maximum S-HNI can apply for 66 lots (2,574 shares) of values 9,85,842.

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B-HNI Investment Details

The company has set a parameter of B-HNI (Big High Networth Individuals) minimum of 67 lots (2613 shares) of value Rs 10,00,779. 

Employees Investment Details

There is a discount for AWFIS employees which is Rs 36. The price range for the employees is Rs 328 to 347, and employees can apply up to Rs 2 lakh. 

IPO Company Name AWFIS Space Solutions Limited
Company’s Work Flex workspaces in India – AWFIS construction and fit-out services, transform, etc.
IPO Issue Size 1,56,37,736 shares (Rs 598.93 crores)
Freshly Issued Shares 33,42,037 shares (Rs 128 crores)
Offer For Sale Shares 1,22,95,699 shares (Rs 470.93 crores)
Retail (Min.) 1 Lot (39 Shares) of Value (Rs 14,196)
Retail (Max.) 13 Lots (507 shares) of value (Rs 1,94,181)
S-HNI (High Networth Individuals) Min. 14 Lots (546 shares) of value (Rs 2,09,118)
S-HNI (High Networth Individuals) Max. 66 Lots (2,574 shares) of values (9,85,842)
B-HNI (Big High Networth Individuals) 67 lots (2613 shares) of value (Rs 10,00,779)
AWFIS Space Solutions Limited IPO GMP Rs 150 (Last updated 21 May 2024)

AWFIS Space Solutions Limited IPO GMP 

The GMP (Grey Market Price) for AWFIS Space Solutions Limited IPO till 21 May 2024 is Rs 150.

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FAQs – AWFIS Space Solutions Limited IPO 

Some frequently asked questions related to Awfis Space Solutions Limited IPO 2024.

Who is the owner of Awfis Space Solutions Limited?

Mr. Amit Ramani is the owner of Awfis Space Solutions Limited. He is Chairman & Managing Director and founded this company in 2014.

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