Smartworks Coworking IPO Subscription
ListedUpdated 17 July 2025, 9:15 AM IST· Mainboard
Smartworks Coworking IPO subscription closed on 14 July 2025 at 13.92x overall by shares. QIB demand came in at 24.92x, NII at 23.64x, and retail at 3.61x. See Retail, SHNI, and BHNI allotment chances in the table below.
Allotment date is 15 July 2025. Listing date on NSE and BSE is 17 July 2025.
Smartworks Coworking IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 10 Jul 2025 | 0.00x | 1.04x | 0.60x | 0.52x |
| Day 2 - 11 Jul 2025 | 0.64x | 1.86x | 1.23x | 1.20x |
| Day 3 - 14 Jul 2025 | 24.92x | 23.64x | 3.61x | 13.88x |
Smartworks Coworking IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Smartworks Coworking IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail | 3.61x (shares) | Updating soon |
| SHNI (Rs 2L to Rs 10L) | 14.50x (shares) | Updating soon |
| BHNI (above Rs 10L) | 28.21x (shares) | Updating soon |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Smartworks Coworking IPO Allotment Status page from 15 July 2025 for your result.
Smartworks Coworking IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 407.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 115.76 Cr | Rs 2,884.65 Cr | 24.92x |
| NII | Rs 86.82 Cr | Rs 2,052.22 Cr | 23.64x |
| sNII (Rs 2L to Rs 10L) | Rs 28.94 Cr | Rs 419.65 Cr | 14.50x |
| bNII (above Rs 10L) | Rs 57.88 Cr | Rs 1,632.58 Cr | 28.21x |
| Retail | Rs 202.58 Cr | Rs 732.26 Cr | 3.61x |
| Total | Rs 405.16 Cr | Rs 5,669.13 Cr | 13.99x |
What Do These Subscription Numbers Mean?
13.92x overall by shares means bids covered about 14 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 24.92x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (23.64x by shares). SHNI and BHNI allotment is by lottery.
Retail at 3.61x by shares. Exact lottery chances need application data.
Smartworks Coworking IPO GMP After Subscription
GMP for Smartworks Coworking IPO stands at Rs 25.00 today, giving an estimated listing price of Rs 432.00 per share.
A subscription of 13.92x combined with a GMP of 6.14% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Smartworks Coworking IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Smartworks Coworking IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 10 July 2025 |
| IPO Close Date | 14 July 2025 |
| Allotment Date | 15 July 2025 |
| Refund Initiation | 16 July 2025 |
| Share Credit to Demat | 16 July 2025 |
| Listing Date | 17 July 2025 |
| Minimum Investment | Rs 14,652.00 |
| Lot Size | 36 shares |
About Smartworks Coworking IPO
Smartworks Coworking Spaces Limited is an office experience and managed campus platform, and one of the largest managed campus operators in terms of total stock. The company offers fully serviced, tech-enabled office environments with modern designs and amenities such as cafeterias, sport zones, smart convenience stores, gyms, and medical centers. Smartworks focuses on mid-to-large enterprises, including Indian corporates, MNCs operating in India, and startups.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
Retail - Retail Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Smartworks Coworking IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Smartworks Coworking IPO Details
Issue size, price, financials, and company info
Smartworks Coworking IPO GMP
Live grey market premium and listing estimate
Smartworks Coworking IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Smartworks Coworking IPO Allotment
Allotment date, chances, and check by PAN
Smartworks Coworking IPO Review
SWOT, strengths, risks, and IPO review
Smartworks Coworking IPO FAQ
Common questions on dates, GMP, and allotment
Smartworks Coworking IPO Registrar
Registrar website and how to check allotment
Smartworks Coworking IPO Timeline
Open, close, allotment, and listing dates
Smartworks Coworking IPO News
Updates, blogs, and latest IPO news
Smartworks Coworking IPO Subscription FAQs
What is Smartworks Coworking IPO subscription status today?
Smartworks Coworking IPO subscription closed on 14 July 2025 with overall subscription of 13.92x (by shares) as of 18 October 2026, 5:17 PM IST. QIB 24.92x, NII 23.64x, Retail 3.61x.
What is the overall subscription of Smartworks Coworking IPO?
Smartworks Coworking IPO is subscribed 13.92x overall by shares at close on 14 July 2025. QIB 24.92x, NII 23.64x, and Retail 3.61x.
What is Smartworks Coworking IPO QIB subscription?
Smartworks Coworking IPO QIB (Qualified Institutional Buyers) subscription is 24.92x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Smartworks Coworking IPO Retail subscription?
Smartworks Coworking IPO Retail subscription is 3.61x by shares. Retail bids are up to Rs 2 lakh per PAN.
What is Smartworks Coworking IPO NII, SHNI, and BHNI subscription?
Smartworks Coworking IPO NII subscription is 23.64x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).
What are Smartworks Coworking IPO retail allotment chances?
Smartworks Coworking IPO retail share subscription is 3.61x. Application data is needed for exact lottery chances.
What are Smartworks Coworking IPO SHNI allotment chances?
Smartworks Coworking IPO SHNI share subscription is 14.50x. Application data is needed for exact lottery chances.
What are Smartworks Coworking IPO BHNI allotment chances?
Smartworks Coworking IPO BHNI share subscription is 28.21x. Application data is needed for exact lottery chances.
When is Smartworks Coworking IPO allotment date?
Smartworks Coworking IPO allotment date is 15 July 2025. Check Smartworks Coworking IPO Allotment Status on IPOwiz from that day using your PAN.
When does Smartworks Coworking IPO subscription close?
Smartworks Coworking IPO subscription closed on 14 July 2025. No new applications are accepted after the close.
What is Smartworks Coworking IPO GMP today?
Smartworks Coworking IPO GMP is ₹25 today (+6.14% over issue price ₹407). See live GMP on the Smartworks Coworking IPO GMP Today page.
What is Smartworks Coworking IPO issue price and lot size?
Smartworks Coworking IPO issue price is ₹407 per share. Lot size is 36 shares. Minimum investment is ₹14,652 per lot. Issue size: ₹582.56 Cr.
When is Smartworks Coworking IPO listing date?
Smartworks Coworking IPO listing date is 17 July 2025 on NSE and BSE. Allotment is on 15 July 2025.
How does subscription affect Smartworks Coworking IPO allotment?
In Smartworks Coworking IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 13.92x overall, competition is high.
For allotment results from 15 July 2025, visit the Smartworks Coworking IPO Allotment Status page. For listing day updates on 17 July 2025, download the IPOwiz App.
Sources
We match Smartworks Coworking IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.