Awfis Space Solutions IPO opens today: Should you subscribe to the issue?
New Delhi-based Awfis Space Solutions, incorporated in December 2014, is a workspace solution provider in India. The company offers a wide range of flexible workspace solutions.
- May 22, 2024,
- Updated May 22, 2024 10:07 AM IST
The Rs 598.93 crore initial public offering (IPO) of Awfis Space Solutions kicks-off for bidding on Wednesday, May 22. The company is offering its shares in the price band of Rs 364-383 apiece. Investors can make bids for a minimum of 39 equity shares and its multiples thereafter. The three-day bidding for the issue closes on Monday, May 27. Ventura Securities has suggested investors subscribe to the Awfis Space Solutions IPO citing its market leadership and extensive presence; the growth potential in the boom market; innovative MA model; diversified supply and demand strategy; and strong outlook. However, it has cited increasing competition, market fluctuations, operation risks and client retention as the key challenge.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.
The Rs 598.93 crore initial public offering (IPO) of Awfis Space Solutions kicks-off for bidding on Wednesday, May 22. The company is offering its shares in the price band of Rs 364-383 apiece. Investors can make bids for a minimum of 39 equity shares and its multiples thereafter. The three-day bidding for the issue closes on Monday, May 27. Ventura Securities has suggested investors subscribe to the Awfis Space Solutions IPO citing its market leadership and extensive presence; the growth potential in the boom market; innovative MA model; diversified supply and demand strategy; and strong outlook. However, it has cited increasing competition, market fluctuations, operation risks and client retention as the key challenge.
Disclaimer: Business Today provides stock market news for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.