Smartworks Coworking IPO Launches July 10
NEW DELHI: Smartworks Coworking Spaces is gearing up to launch its public share sale on July 10. The initial public offering (IPO) will run until July 14, with anchor investor bidding set for a single day on July 9, as detailed in the red herring prospectus (RHP). The IPO size has been revised downwards; the fresh issue is now Rs 445 crore, decreased from the previously planned Rs 550 crore, and the offer for sale (OFS) has been adjusted to 33.79 lakh shares from 67.59 lakh shares. Approximately Rs 226 crore of the total proceeds will be allocated for capital…