Smartworks

Smartworks' Pre-IPO Performance: Revenue Soars 32% to ₹1,374 Crore, But Losses Widen to ₹63 Crore

Smartworks, an IPO-bound coworking major, reported a 32% revenue surge to ₹1,374 crore in FY25, but net losses widened to ₹63 crore. As it prepares for a July 10 IPO, the company aims to reduce expenses and achieve profitability. Funds will fuel expansion and debt repayment in India's growing flexible workspace market.

Smartworks Coworking Spaces to Launch IPO on July 10, Eyes Public Listing Amidst Sector Growth

Smartworks Coworking Spaces' IPO opens July 10, aiming to raise capital for expansion and debt repayment. The managed office solutions provider, focusing on large enterprises, reported ₹1,409.67 crore revenue in FY25. With 8 million sq ft leased across 13 cities, this listing signifies a major step for India's flexible workspace sector amidst growing demand.