Smartworks Coworking IPO Allotment Status: Here’s How and When to Check
By Shishta Dutta | Published at: Jul 14, 2025 07:00 PM IST
New Delhi, July 14, 2025 — The ₹445 crore initial public offering (IPO) of Smartworks Coworking Spaces Limited, which closed today at 5:00 PM, was subscribed 13.92 times overall, backed by strong demand from Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), retail participants, and employees.
Allotment Timeline and Key Dates
| Activity | Date |
|---|---|
| Issue Close Date | 14 July 2025 |
| UPI Mandate Deadline | 14 July 2025 (5:00 PM) |
| Allotment Finalisation | 15 July 2025 |
| Refund Initiation | 16 July 2025 |
| Share Credit to Demat Accounts | 16 July 2025 |
How to Check Smartworks IPO Allotment Status
Once allotment is finalised, investors can check their application status via the following:
1. Registrar Website – MUFG Intime
- Visit https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- Select “Smartworks Coworking Spaces Limited” from the dropdown
- Enter PAN, Application Number, or DP Client ID
- Click “Search” to view status
2. BSE Website
- Visit https://www.bseindia.com/investors/appli_check.aspx
- Choose “Equity” and select “Smartworks Coworking Spaces”
- Enter application number and PAN
- Click “Search”
Final Subscription Status (as of 5:00 PM, July 14)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutional Buyers (QIBs) | 28,44,254 | 7,08,75,864 | 24.92 |
| Non-Institutional Investors (NIIs) | 21,33,190 | 5,05,06,848 | 23.68 |
| • Bids > ₹10 lakh | 14,22,126 | 4,01,12,460 | 28.21 |
| • Bids ₹2–10 lakh | 7,11,063 | 1,03,94,388 | 14.62 |
| Retail Individual Investors (RIIs) | 49,77,442 | 1,83,80,880 | 3.69 |
| Employees | 1,01,351 | 2,54,844 | 2.51 |
| Total | 1,00,56,237 | 14,00,18,436 | 13.92 |
Smartworks IPO allotment processing is now underway. Investors are advised to keep their application details ready and check their status using the official registrar or exchange websites.
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