Smartworks Coworking IPO IPO Subscription Status
The Smartworks Coworking IPO IPO closed on 14 July 2025 with an overall subscription of 13.92x based on shares applied.
Allotment will be finalised on 15 July 2025. The stock is scheduled to list on NSE and BSE on 17 July 2025.
Issue Price
Rs 407.00
GMP Today
Rs 25.00 (+6.14%)
Overall Subscription
13.92x
Issue Size
₹582.56 Cr
Allotment Date
15 Jul 2025
Listing Date
17 Jul 2025
What Do These Subscription Numbers Mean?
A subscription of 13.92x means the IPO received bids for 14 times the number of shares available. For every 14 applications, only 1 can receive an allotment.
Here is what each category number tells you:
Smartworks Coworking IPO IPO Allotment Chances
Based on the final subscription data, here is a realistic view of allotment probability by category.
QIB Category: QIB allotment is discretionary and handled by the book running lead managers. Retail investors do not participate in this category.
Check the Smartworks Coworking IPO IPO Allotment Status page from 15 July 2025 for your allotment result.
Smartworks Coworking IPO 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 IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Smartworks Coworking IPO IPO Day-wise Subscription
| 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 - 12 Jul 2025 | 24.92x | 23.64x | 3.61x | 13.88x |
Smartworks Coworking IPO 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
High net worth individuals applying above Rs 2 lakh. Divided into bNII (above Rs 10 lakh) and sNII (Rs 2 lakh to Rs 10 lakh). NII allotment is proportional.
Retail - Retail Individual Investors
Investors applying up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Minimum one lot per successful applicant.
Smartworks Coworking IPO IPO GMP Today
Live GMP, listing price estimate, and listing gain
Smartworks Coworking IPO IPO Allotment Status
Check allotment result on allotment date
Smartworks Coworking IPO IPO Details
Financials, peers, strengths, and review
All IPO Subscription Status
Subscription for all active IPOs
Smartworks Coworking IPO IPO Subscription FAQs
What is the current subscription status of Smartworks Coworking IPO?
Smartworks Coworking IPO IPO closed on 14 July 2025 with an overall subscription of 13.92x based on shares applied. QIB subscribed N/A, NII N/A, and retail N/A.
What are the allotment chances for retail investors?
Retail allotment chances depend on final oversubscription. Allotment is by lottery when retail subscription exceeds 1x.
When will Smartworks Coworking IPO allotment be finalised?
Allotment will be finalised on 15 July 2025. You can check your allotment status on the Smartworks Coworking IPO IPO Allotment Status page from that date.
What happens after subscription closes?
After the subscription closes, the registrar processes all applications and finalises allotment on 15 July 2025. Refunds for unsuccessful applications are typically initiated before listing. Shares are credited to demat accounts before the listing date on 17 July 2025.
Can I apply after subscription closes?
No. The subscription window closed on 14 July 2025. All applications must be submitted during the open period. Late applications are rejected automatically.
What is the difference between QIB, NII, and Retail subscription?
QIB includes institutional investors such as mutual funds, FIIs, and banks. NII includes high net worth individuals applying above Rs 2 lakh. Retail includes individual investors applying up to Rs 2 lakh. Each category has separate reservation and different allotment rules.
How does subscription affect allotment chances?
Higher oversubscription means fewer applicants receive allotment. In the retail category, allotment is by lottery. In the NII category, allotment is proportional. At 13.92x overall subscription, competition for shares is high.
What is the issue size and lot size for Smartworks Coworking IPO?
Issue size is ₹582.56 Cr. Lot size is 36 shares. Minimum investment at the issue price of Rs 407.00 is Rs 14,652.00 per lot.
For allotment results from 15 July 2025, visit the Smartworks Coworking IPO IPO Allotment Status page. For listing day updates on 17 July 2025, download the IPOwiz App.
Reviewed by Dinesh Agrawal
15+ years in Indian capital markets and IPO research. Subscription data verified before publish.