The Awfis Space Solutions IPO is a book-built issuance for Rs 598.93 crore. The offering consists of a new issuance of 0.33 crore shares valued at Rs 128.00 crores and an offer for sale of 1.23 crore shares valued at Rs 470.93 crores.
Awfis Space Solutions’ initial public offering (IPO) begins on May 22, 2024 and ends on May 27, 2024. The allocation for the Awfis Space Solutions IPO is anticipated to be completed on Tuesday, May 28, 2024. The Awfis Space Solutions IPO will list on the BSE and NSE, with an anticipated listing date of Thursday, May 30, 2024.
Awfis Space Solutions’ IPO price range is set at Rs 364 to Rs 383 per share. The minimum lot size for an application is 39 shares. The minimum investment for retail investors is Rs 14,937. The minimum lot size investment for sNII is 14 lots (546 shares) for Rs 209,118, while for bNII, it is 67 lots (2,613 shares) worth Rs 1,000,779.
Awfis Space Solutions IPO Details
| IPO Date | May 22, 2024 to May 27, 2024 |
| Listing Date | [.] |
| Face Value | Rs 10 per share |
| Price Band | Rs 364 to Rs 383 per share |
| Lot Size | 39 Shares |
| Total Issue Size | 15,637,736 shares (aggregating up to Rs 598.93 Cr) |
| Fresh Issue | 3,342,037 shares (aggregating up to Rs 128.00 Cr) |
| Offer for Sale | 12,295,699 shares of Rs 10 (aggregating up to Rs 470.93 Cr) |
| Employee Discount | Rs 36 per share |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 66,075,779 |
| Share holding post issue | 69,417,816 |
Awfis Space Solutions IPO Timeline
| IPO Open Date | Wednesday, May 22, 2024 |
| IPO Close Date | Monday, May 27, 2024 |
| Basis of Allotment | Tuesday, May 28, 2024 |
| Initiation of Refunds | Wednesday, May 29, 2024 |
| Credit of Shares to Demat | Wednesday, May 29, 2024 |
| Listing Date | Thursday, May 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on May 27, 2024 |
Awfis Space Solutions IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 39 | Rs 14,937 |
| Retail (Max) | 13 | 507 | Rs 194,181 |
| S-HNI (Min) | 14 | 546 | Rs 209,118 |
| S-HNI (Max) | 66 | 2,574 | Rs 985,842 |
| B-HNI (Min) | 67 | 2,613 | Rs 1,000,779 |
