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CAPITAL EXPENDITURE IN AWFIS
Awfis strengthens presence with 28 centres in Chennai across 8.75 lakh sq ftAwfis has expanded its presence in Chennai by leasing over 110,000 square feet for two new centres. This move increases Awfis' total footpr...- Flexible workspace sector sees steady growth on multi-city deals, rising demandIndian flexible workspace companies are seeing robust revenue growth and better profits. This is due to strong demand from large businesses...
- Awfis’ operating revenue rises 20% to Rs 382 crore; profit at Rs 22 croreAwfis reported a 20% year-on-year (YoY) surge in its operating revenue, at Rs 382 crore for the quarter ended December, up from Rs 318 cror...
- 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, ...
- Awfis Space Q1 Results: Profit rises threefold, revenue up 30%Operating Ebitda of the office space sharing company was up 60% YoY at Rs 127 crore, with the margin expanding 38%. Also, the company’s boa...
- Will Smartworks' IPO be a game changer or a risky bet for investors?Smartworks Coworking Spaces is launching an IPO to raise ₹583 crore, primarily for capital expenditure and debt repayment. While revenue an...
- IndiQube secures Sebi approval for Rs 850 crore IPO: All you need to knowSebi has approved IndiQube’s Rs 850 crore IPO, with Rs 750 crore in fresh capital and Rs 100 crore in an offer-for-sale by founders Rishi D...
- Awfis reports 44% rise in Q3 operating revenue at Rs 318 croreA rise in contributions from newly added seats and higher occupancy rates at existing centres helped. Also, the office space-sharing compan...
- Coworking space firm Indiqube files draft papers for Rs 850 crore IPOIndiqube, a Bengaluru-based coworking space company, has filed for an Rs 850 crore initial public offering. The company will raise Rs 750 c...
- 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 makes stock market debut at a premium: key things to knowAwfis listed on the bourses on Thursday, with its stock opening at Rs 435 on NSE, a premium of 13.57% to the issue price of Rs 383 per shar...
- Quest Labs stock debuts with 60% premium on NSE SME platformQuest Laboratories made its debut on the NSE SME platform on Thursday, starting with a 60% premium. The stock opened at Rs 155, surpassing ...
- Blockbuster debut! Indian Emulsifier shares list at 226% premium on NSE SME platformIndian Emulsifier shares debuted on the NSE SME platform on Wednesday, opening at Rs 430, a significant premium of 225.8% compared to the i...
- Wait for Awfis Space Solutions to deliver stable profitabilityThe company has an asset-light business model and is debt-free. However, limited operating history, consistent losses, scalability of busin...
- Ahead of IPO, Awfis Space Solutions garners Rs 268 crore from anchor investorsThose who participated in the anchor round include -- Goldman Sachs, EastBridge Capital Master Fund, HDFC Mutual Fund (MF), ICICI Prudentia...
- Awfis Space Solutions receives SEBI nod for IPO launchAwfis Space Solutions IPO will include a fresh issue of up to Rs 133.4 crore and an offer for sale of nearly 1 crore equity shares, includi...
- Flexible office operator Awfis gets SEBI nod for IPOAwfis had filed its Draft Red Herring Prospectus (DRHP) in December 2023.
- Awfis Space Solutions Limited files DRHPThe company intends to allocate the net proceeds from the offering towards capital expenditure for establishing new centers, funding workin...
- Workspace solutions provider Awfis Space files DRHP for IPOThe IPO comprises a fresh issue of up to Rs 160 crore and an offer for sale of up to 1 crore equity shares. Under the OFS, Peak XV Partners...
- Firms in co-working space expanding to tier 1 & 2 citiesIn the past six months, demand for tech-enabled managed workspaces has grown threefold, according to industry experts.
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