Awfis Space Solutions IPO GMP History
Awfis Space Solutions IPO has been listed on May 30, 2024 at a listing price of ₹435, against the issue price of ₹383 — a gain of ₹52 (+13.58%). The GMP peaked at ₹120 on 28 May 2024 and reached a low of ₹95 on 29 May 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Awfis Space Solutions IPO raised ₹598.93 Cr. through its IPO at a price band of ₹364 to ₹383 per share, with a lot size of 39 shares. The IPO was open for subscription from 22 May 2024 to 27 May 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:41 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 29 May 2024 | ₹ 95 | ▼ | 25% | — | — |
| 28 May 2024 | ₹ 120 | — | 31% | — | — |
| 27 May 2024 | ₹ 120 | ▲ | 31% | — | — |
| 26 May 2024 | ₹ 108 | — | 28% | — | — |
| 25 May 2024 | ₹ 108 | ▲ | 28% | — | — |
| 24 May 2024 | ₹ 102 | — | 27% | — | — |
Awfis Space Solutions IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 22 May 2024
- Close 27 May 2024
- Allotment 28 May 2024
- Refund/credit 29 May 2024
- Listing 30 May 2024
Awfis Space Solutions IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹383 |
|---|---|
| GMP-based estimate (pre-listing) | ₹478 (+24.8%) |
| Listing gain / loss | +₹52 per share |
| Listing date | 30 May, 2024 |
| Actual listing price | ₹435 (+13.58%) |
Is Awfis Space Solutions IPO GMP reliable?
Grey market premium for Awfis Space Solutions IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Awfis Space Solutions IPO full review for a fundamentals-based assessment before making any grey market trades.
Awfis Space Solutions IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Awfis Space Solutions IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Awfis Space Solutions IPO
Awfis Space Solutions Limited was incorporated as Awfis Space Solutions Private Limited at Delhi on 17 December 2014. As per CBRE, it is the largest flexible workspace solutions company in India by number of centres as of 31 December 2023.
It offers flexible workspaces from individual desks to custom office spaces for start-ups, SMEs, large corporates and multinationals, along with support services such as food and beverages, IT support and event hosting.
As of 31 December 2023 it operated 169 centres across 16 cities, with 105,258 seats and chargeable area of 5.33 million sq. ft. Its promoters are Amit Ramani and Peak XV.
The IPO was Rs 598.93 crore, with Rs 128.06 crore of fresh issue and Rs 470.87 crore of offer for sale by Peak XV and other investors. Rs 54.37 crore was planned for working capital and Rs 42.03 crore for new centres.
Frequently asked
What is the GMP of Awfis Space Solutions IPO?
The current Grey Market Premium (GMP) of Awfis Space Solutions IPO is ₹ 95.
What is the Kostak Price of Awfis Space Solutions IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Awfis Space Solutions IPO is not available.
What is the Subject to Sauda Price of Awfis Space Solutions IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Awfis Space Solutions IPO?
Awfis Space Solutions IPO listed on May 30, 2024 at ₹435, against the issue price of ₹383 — a gain of +13.58%.
How did the GMP of Awfis Space Solutions IPO trend before listing?
The GMP of Awfis Space Solutions IPO was falling in its final days before listing. The GMP peaked at ₹120 on 28 May 2024. View the day-wise table above for the complete GMP history.
Explore Awfis Space Solutions IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
