Smartworks IPO To Open On July 10, Issue Size Reduced

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SUMMARY

Smartworks Coworking Spaces has filed its RHP with the Securities and Exchange Board of India nine months after getting markets regulator’s nod for its IPO

The managed and flexible workspaces provider’s public issue will open on July 10 (Thursday) and close on July 14 (Monday). Anchor investor bidding will take place on July 9 (Wednesday).

The size of the fresh issue has been reduced to INR 445 Cr from INR 550 Cr in the DRHP. The OFS component has almost been halved to up to 33.79…



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Smartworks IPO To Open On July 10, Issue Size Reduced


SUMMARY

Smartworks Coworking Spaces has filed its RHP with the Securities and Exchange Board of India nine months after getting markets regulator’s nod for its IPO

The managed and flexible workspaces provider’s public issue will open on July 10 (Thursday) and close on July 14 (Monday). Anchor investor bidding will take place on July 9 (Wednesday).

The size of the fresh issue has been reduced to INR 445 Cr from INR 550 Cr in the DRHP. The OFS component has almost been halved to up to 33.79…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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