Tag: co-working spaces

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Kerala Launches Neurodiversity-Friendly Workspace in Kochi Metro

KOCHI: Kerala is inaugurating its first coworking space that embraces neurodiversity, aimed at fostering an inclusive workspace for individuals with varied needs. The facility, named ‘i by Infopark’, spans 48,000 square feet and is situated at the Ernakulam South Metro Station. Facilities can accommodate over 550 professionals, featuring flexible work settings with modern amenities, as highlighted by Chief Minister Pinarayi Vijayan on Monday. He mentioned that this initiative could set a standard for future projects and will be expanded across the state to promote innovation and job creation. The Chief Minister elaborated in a Facebook post, “Covering an area of…

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Smartworks IPO Subscribed 13.45 Times

NEW DELHI: Smartworks Coworking Spaces Ltd’s initial public offering (IPO) of ₹583 crore was oversubscribed by 13.45 times by the close of bidding on Monday. During the three-day IPO, bids reached 13,99,08,852 shares, significantly exceeding the 1,04,01,828 shares available, according to NSE data. The Qualified Institutional Buyers (QIB) segment received 24.41 times the subscription, while Non-Institutional Investors subscribed 22.78 times. Retail Individual Investors (RIIs) saw a subscription of 3.53 times. Additionally, Smartworks Coworking Spaces has secured ₹173.64 crore from anchor investors. The IPO was launched last Thursday, aiming to raise nearly ₹600 crore to facilitate business expansion and debt reduction.…