Smartworks Coworking IPO
Commercial RE/Flex - Listed on 17 July 2025
Smartworks Coworking IPO listing summary
Smartworks Coworking (Commercial RE/Flex) closed its IPO window in 2025 and listed on NSE and BSE on 17 July 2025 at an upper band issue price of Rs 407, opening at Rs 435 for a listing gain of +6.9% and closing day one at Rs 445.05 (+9.3% on closing basis). The IPO was subscribed 13.45x overall - QIB 24.41x, HNI/NII 22.78x, Retail 3.53x. The total issue size was Rs 582.56 Cr (Fresh Issue Rs 445 Cr, OFS Rs 137.56 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Smartworks Coworking IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 27 | +6.63% |
| Day 2 | Rs 27 | +6.63% |
| Day 3 | Rs 30 | +7.37% |
| Day 4 | Rs 33 | +8.11% |
| Day 5 | Rs 25 | +6.14% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Smartworks Coworking IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Smartworks Coworking IPO - FAQs
What was the listing gain of Smartworks Coworking IPO?
Smartworks Coworking IPO listed at +6.9% versus the upper issue price of Rs 407 on 17 July 2025.
How many times was Smartworks Coworking IPO subscribed?
Smartworks Coworking IPO was subscribed 13.45x overall. QIB portion was subscribed 24.41x, HNI / NII 22.78x and Retail 3.53x.
What was the IPO GMP for Smartworks Coworking?
IPO GMP started at Rs 27 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.