IPO-BOURD SIMKORYWORKS FY25 LOSS WIDEns to ₹ 63 CR CR, Revenue Up 32% to ₹ 1,374 CR

Gurugram-Based Smartworks currently 48 Operation Centres with over 1.9 lakh seating capacities. | Photo Credit: IsttockPhoto

Smartworks Coworking Spaces, Which Plans To Launch IPO on July 10.

Its Net Loss Stood At ₹ 49.95 crore in the first 2023-24 Financial Year.

However, the Revenue From Rose ₹ 1,05th crore in the 2024-25 FISTING TO SPRERING PRESSESTSSTESSESSESS.

Gurugram-Based Smartworks currently 48 Operation Centres with over 1.9 lakh seating capacities.

“These Losses Were WOROUS ON OUR TOTAL INCOME FISCHING FOR THE FISCANTS FISTES.

Smartworks Said It Aims To Generate and Susain Increase Levels and Decrease Proportes to Achieve Profitability.

Smartworks will Hit the Capital Market on July 10 to launch ITS INITIAL PUBTIC OFFERING (IPO). The Issue will conclude on July 14.

The Company Has Revised ITT ITPO Size downward.

The SIZE OF THE FRESS ISSUE ISSE HAS BEEN RedUCED TO 350 crore, whiler the Earliers to Sale to Sale 67.59 lakh shares.

About ₹ 226 crore from the Total Proceeds Will Be Beellocated for the General Corporate purposes.

Smartworks, One of the Leading Co-Waying Operators In the Country, Lease Office Leases to Corporates.

IT HAS AN Portfolio Portfolio 8.31 Million SQ FT Area WH Nile 0.7 Million SQ FT IS Under.

The Company Has Taken on Lease Another 1.7 million sq ft Area Landlords, but IT GOTSION TO SET Up the Centres.

The Total Portfolio Will Cross 10 Million SQ FT, Including the Under Fit Spaces and Signed.

Published on July 7, 2025