Awfis Space Solutions Ltd IPO

We are the largest flexible workspace solutions company in India as on December 31, 2023, based on total number of centers. (Source: CBRE Report) We provide a wide spectrum of flexible workspace solutions ranging from individual flexible desk needs to customized office spaces for start-ups, small ... and medium enterprises as well as for large corporates and multi-national corporations. Read more

Our Company was incorporated as ‘Awfis Space Solutions Private Limited’ as a private limited company under the Companies Act, 2013, pursuant to a certificate of incorporation dated December 17, 2014, issued by the RoC. Thereafter, our Company was converted from a private limited ... company to a public limited company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on November 24, 2023, and the name of our Company was changed to ‘Awfis Space Solutions Limited’, with a fresh certificate of incorporation dated December 5, 2023, issued to our Company by the RoC.

Since early 2000s, India’s office real estate stock has grown more than 18 times from approximately 46 million sq. ft. as of pre-2003 to approximately 832.00 million sq. ft. as of December 31, 2023. (Source: CBRE Report) Flexible office space has long been a viable solution for freelancers, ... remote workers and start-ups, and is rapidly gaining ground among large enterprises, corporates and MNCs. (Source: CBRE Report) Total market size of flexible workspace segment has more than tripled in last three to four years and projected market size in tier-1 and tier-2 cities is projected to be approximately 105 million sq. ft. by 2026. Read more