Smartworks Coworking Spaces IPO Subscription Status
Smartworks Coworking Spaces IPO was subscribed 13.92 times when bidding closed on 14 Jul 2025: QIB 24.92x, NII 23.68x, Retail 3.69x.
The Smartworks Coworking Spaces IPO has been subscribed 13.92x times overall. Retail investors have shown interest with bids for 3.69x the shares available. The Non-Institutional Investor (NII) category has been subscribed 23.68x. Within NII, Big HNI (B-HNI) subscribed 28.21x and Small HNI (S-HNI) subscribed 14.62x. Qualified Institutional Buyers (QIBs) have subscribed 24.92x. Data last updated on 10 Nov, 01:05 AM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 10 Jul, 2025 and closes on 14 Jul, 2025. The shares are expected to list on stock exchanges on 17 Jul, 2025.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 24.92x |
| NII | - of - - | 23.68x |
bHNI — bid amount above ₹10 Lakh |
- - | 28.21 |
sHNI — bid amount ₹2–10 Lakh |
- - | 14.62 |
| Retail | - of - - | 3.69x |
| Employee | - of - - | 2.51x |
| TOTAL | - 4,40,075 applications - | 13.92x |
Smartworks Coworking Spaces IPO Basis of Allotment
Final Final figures published by the registrar, after technical rejections. Allotment price ₹407.
| Category | AppsApplications | GotAllottees | Odds |
|---|---|---|---|
| TOTAL 10.03x subscribed | 4,40,075 | 1,42,901 | 1 out of 31 out of 3 |
Smartworks Coworking Spaces IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 27.1% for a single lot.
Institutional Backing
Massive institutional interest with QIBs subscribing 24.92x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
14 Jul 2025
Day 3 |
13.92x | ▼ | |
|
QIB24.92x
BHNI28.21x
SHNI14.62x
Retail3.69x
Employee2.51x
|
|||
|
11 Jul 2025
Day 2 |
1.15x | ▼ | |
|
QIB0.63x
BHNI1.94x
SHNI1.49x
Retail1.18x
|
|||
|
10 Jul 2025
Day 1 |
0.5x | ▼ | |
|
QIB-
BHNI1.19x
SHNI0.62x
Retail0.57x
|
|||
Smartworks Coworking Spaces IPO dates
From the bidding window to listing. Today is 10 November.
- Open 10 Jul 2025
- Close 14 Jul 2025
- Allotment 15 Jul 2025
- Refund/credit 16 Jul 2025
- Listing 17 Jul 2025
Anchor investor allocation
Shares allotted to anchor investors the working day before the issue opened.
| # | Anchor Investor | Group Entity | Amt (₹ cr.) | % Allocated | |
|---|---|---|---|---|---|
| 1 | TATA SMALL CAP FUND | TATA MUTUAL FUND | ₹20.65 Cr | 11.89% | |
| 2 | AXIS NEW OPPORTUNITIES AIF - SERIES II | AXIS NEW OPPORTUNITIES | ₹20.65 Cr | 11.89% | |
| 3 | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | ADITYA BIRLA SUN LIFE INSURANCE | ₹20.65 Cr | 11.89% | |
| 4 | BARODA BNP PARIBAS LARGE & MID CAP FUND | BARODA BNP PARIBAS MUTUAL FUND | ₹20.65 Cr | 11.89% | |
| 5 | BUOYANT OPPORTUNITIES STRATEGY-II | BUOYANT | ₹18.90 Cr | 10.89% | |
| 6 | SAGEONE-FLAGSHIP GROWTH OE FUND | SAGEONE-FLAGSHIP GROWTH OE FUND | ₹18.90 Cr | 10.89% | |
| 7 | SBI GENERAL INSURANCE CO.LTD. | SBI GENERAL INSURANCE | ₹18.90 Cr | 10.89% | |
| 8 | TRUST MF FLEXI CAP FUND | TRUST MUTUAL FUND | ₹7.16 Cr | 4.13% | |
| 9 | TRUST MF SMALL CAP FUND | TRUST MUTUAL FUND | ₹7.16 Cr | 4.12% | |
| 10 | SOCIETE GENERALE-ODI | SOCIETE GENERAL | ₹5.00 Cr | 2.88% | |
| 11 | COEUS GLOBAL OPPORTUNITIES | COEUS GLOBAL OPPORTUNITIES | ₹5.00 Cr | 2.88% | |
| 12 | BNP PARIBAS FINANCIAL MARKETS-ODI | BNP PARIBAS | ₹5.00 Cr | 2.88% | |
| 13 | SHINE STAR BUILD-CAP PVT.LTD. | SHINE STAR | ₹5.00 Cr | 2.88% | |
| TOTAL | ₹173.62 Cr | 100.00% |
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Smartworks Coworking Spaces IPO?
As of IPO close date (14 Jul, 2025), the Smartworks Coworking Spaces IPO is subscribed 13.92x times. Retail category is 3.69x, and NII is 23.68x subscribed.
When is the allotment date for Smartworks Coworking Spaces IPO?
The allotment for Smartworks Coworking Spaces IPO is expected to be finalized on 15 July, 2025.
What is the GMP of Smartworks Coworking Spaces?
The Grey Market Premium (GMP) for Smartworks Coworking Spaces is currently ₹24, indicating a potential listing gain of 6%.
When will Smartworks Coworking Spaces IPO list on the stock market?
Smartworks Coworking Spaces is scheduled to list on BSE and NSE on 17 July, 2025.
What are the chances of getting allotment in Smartworks Coworking Spaces IPO?
The retail category is oversubscribed at 3.69x, meaning allotment is by lottery. Statistically, approximately 1 in 4 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 24.92x mean for Smartworks Coworking Spaces IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 24.92x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Smartworks Coworking Spaces IPO allotment status?
After the allotment date (15 Jul, 2025), you can check your Smartworks Coworking Spaces IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Smartworks Coworking Spaces IPO further
Track every stage of this IPO, from subscription to listing.
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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
