Smartworks IPO To Open On July 10, Issue Size Reduced

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…