Tech
Smartworks Coworking Spaces IPO to open on July 10
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Smartworks Coworking Spaces is set to launch its initial share sale for public subscription on July 10.
The initial public offering (IPO) will conclude on July 14, and the bidding for anchor investors is scheduled to open for a day on July 9, according to the red herring prospectus (RHP).
The company has revised its IPO size downward. The fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the offer for sale (OFS) by promoters has been cut to 33.79 lakh shares from 67.59 lakh shares.
About Rs 226 crore from the…
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