Overview of Smartworks Coworking Spaces IPO
The Smartworks Coworking Spaces IPO is garnering significant attention as it enters its third day of subscriptions. As of now, the issue has been subscribed 3.08 times, indicating robust interest particularly from non-institutional and retail investors. This strong uptake reflects confidence in Smartworks’ business model and future growth prospects.
Current Subscription Levels and Price Range
The share price for the Smartworks IPO is in the range of ₹387 to ₹407. Such pricing is positioning the company favorably amid growing demand for flexible workspaces in the post-pandemic era. Investors are keenly watching the General Market Price (GMP) for further insights on how shares may perform upon listing.
What to Expect Moving Forward
Key dates are fast approaching, with allotment details expected to be released on July 15. The listing of shares on the stock exchange is scheduled for July 17. As the IPO concludes today, potential investors need to weigh whether to apply for shares or wait for the market’s response post-listing. With the subscription numbers indicating strong demand, many are contemplating their options carefully.
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