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AWFIS GROWTH PLANS
Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...- Indian flexible workspace sector crosses 100 mn sq ft; eyes $10 bn valuation by 2028India's flexible workspace sector has surpassed 100 million sq ft. It is projected to reach a $9-10 billion valuation by 2028. Operators ar...
- Gupshup appoints former Awfis executive Ravi Dugar as CFORavi Dugar has joined Gupshup as chief financial officer, bringing nearly two decades of experience in financial leadership across high-gro...
- Awfis CMD Amit Ramani on debt, capex and expansion strategyAwfis CEO Amit Ramani addressed market concerns, clarifying that company-wide debt stands at 21 crores, a decrease from the previous year, ...
- Is Indiqube Spaces' IPO a risky bet amidst growing losses?Indiqube Spaces, a workplace solutions firm, is set to launch an IPO to raise ₹650 crore for capex and debt repayment, alongside a ₹50 cror...
- Awfis Space Solutions shares in focus after nine-fold jump in Q4 profit; revenue up 46%Awfis Space Solutions reported a sharp jump in Q4FY25 profit to Rs 11.3 crore, up over nine times YoY, while revenue rose 46% to Rs 339 cro...
- Awfis to expand in new markets, says CMD Amit RamaniAwfis is targeting a 30% revenue growth in FY25, driven by expanding its supply and achieving higher occupancy rates at its current centers...
- Awfis swings into black in Q4 FY24; posts Rs 1.3 crore profit versus Rs 13 crore loss YoYCCI cleared WeWork Inc's stake sale in the local coworking firm unit. Investors including the Enam group family office are investing in WeW...
- Awfis Space Solutions shares list at 14% premium over issue priceAwfis Space Solutions Share Price: Awfis Space Solutions lists at 14% premium over issue price with strong investor interest and expansion ...
- Awfis Space Solutions GMP: Will there be a decent listing at the bourses today?Awfis Space Solutions shares are currently trading in the unlisted market at a premium of Rs 125, representing a 27% increase over their is...
- Awfis sets Rs 364-383 price band for IPOThe company expects its differentiated business model, expanding presence in tier-1 and tier-2 cities and increasing demand from large ente...
- Awfis aims to raise revenue by 50-60% yearly for 5 years"We have touched Rs 500 crore of annual recurring revenue (ARR) in October and will close FY23 with Rs 600 crore revenue, more than double ...
- Awfis leases over 1 lk sq ft workspace in Kolkata to 3 large corporates in 6 monthsIn line with this partnership, Grant Thornton has taken customised set up in Awfis’ Eco Centre (Awfis Gold centre) at Acropolis Mall in Kol...
- Awfis leases 75,000 sq ft in IndoreSituated in the commercial business district of Indore, the two centres are located at Winway World Offices and Brilliant Sapphire in Vijay...
- Awfis set to add 40k seats by year-end as demand surgesThe company also aims to cross Rs 1,000 crore in annual revenue by the end of the next financial year, Awfis founder Amit Ramanitold ET. "W...
- Awfis to double its workspace portfolio in 2022The company is now spread across 4 million sq ft pan India with 62,000+ seats across 14 cities, making it the largest flexi workspace provi...
- Prestige Group and Awfis partner to offer co-working portfolio of half a million square feetIn February, Prestige and Awfis had entered into a pact to offer over 300,000 sq ft of Grade-A flexible office space within Prestige Group'...
- Awfis hopes to increase co-working space to 50,000 by March despite Covid disruptionAwfis currently has 67 operational co-working centres with 35,000+ seating capacity in 10 cities in India including Mumbai, Pune, Kolkata, ...
- Awfis in talks with ChrysCap for a $25 m funding roundAwfis, which was seeded by Three Sisters, has so far raised an estimated $51 million in a mix of equity and debt financing.
- Awfis picks up 3 lakh sq ft on lease across 5 citiesThe company is planning to set up eight new centres across these five cities taking its total portfolio to 63 centres with 30,000 seats acr...
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