Bisque Ltd News Today

Awfis Space Solutions IPO allotment is set to be finalised today. Investors can check the allotment status on the BSE or Bigshare Services Private Limiteds website. This will reveal the number of shares allotted compared to their bids.

The category for Retail Individual Investors (RIIs) fetched 6.02 times subscription, while the quota for non-institutional investors got subscribed 2.76 times.

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.

The company has fixed a price band of Rs 364-383 per share for its maiden public issue, which will open on May 22 and conclude on May 27.

The initial public offer (IPO) of Awfis Space Solutions will open for subscription on May 22 and will close on May 24. Ahead of the issue opening, the companys shares are trading with a premium of Rs 165 in the unlisted market.

The IPO of Awfis Space Solutions includes a fresh share sale of Rs 128 crore and an offer-for-sale of up to 1,22,95,699 equity shares amounting to Rs 490.72 crore.

Awfis Space Solutions IPO opens for subscription on May 22, with a price band of Rs 364-383 per share. The offering aims to raise between Rs 576-599 crore, valuing the company at Rs 2,659 crore.

TBO Tek filed draft papers with SEBI in November 2023 while Awfis Space Solutions submitted its DRHP in December 2023.

Sebi approves Awfis Space Solutions IPO to raise Rs 160 crore. Peak XV, Bisque, and ChrysCapital to sell shares. Amit Ramani holds 18.2% stake. FY21 revenue impacted by Covid19. 2022 valuation at $110 million.

Awfis Space Solutions' IPO includes a fresh issue of ₹160 Crore and an offer-for-sale of up to 10.02 million shares by existing shareholders and promoters.