Awfis Space Solutions IPO opens today: Should you subscribe to the issue?

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.

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Axis Capital, IIFL Securities, ICICI Securities and Emkay Global Financial Services are the book running lead managers of the Awfis Space Solutions IPO.Axis Capital, IIFL Securities, ICICI Securities and Emkay Global Financial Services are the book running lead managers of the Awfis Space Solutions IPO.
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Pawan Kumar Nahar
  • 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.

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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.

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.

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Related Articles

 

 

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.

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.
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