<ul data-eligibleForWebStory="false"><li>Smartworks' IPO has been oversubscribed by 13 times as of the final day of bidding, attracting significant interest from QIBs and NIIs.</li><li>QIBs oversubscribed their portion by 24.4 times, while NIIs showed an oversubscription of 22.24 times.</li><li>Retail investors subscribed 3 times their portion, and employees also participated with over 2 lakh bids.</li><li>Smartworks, a managed workspace provider, leases and manages large buildings for enterprises and offers additional services for income. The company is expected to be valued at around INR 4,650 Cr at the upper end of the price band.</li></ul>

Smartworks IPO: Issue Oversubscribed 13X On Day 3 So Far

Discover more