Co-working office services provider, Awfis Space Solutions, IPO allotment will be finalised on May 28. The company’s IPO bidding was closed on May 27.
Here is a step-by-step guide to check allotment:
Step 1
Go to your browser and search for Bigshare Services
Step 2
Open the website of Bigshare Services and click on the IPO allotment status box on the left side of the screen.
Step 3
Fill in all your details – the company’s name and Application number, Beneficiary ID, or PAN number (any of the three).
Step 4
Enter the captcha and hit the search button.
IPO Details
Awfis Space Solutions raised Rs 598.93 through its IPO, which was closed on May 27 after opening on May 22. A retail bidder had to subscribe at least 39 shares aggregating to Rs 14,937. The company had set the price band between Rs 364 to 383 per equity share. The listing is expected to be on May 30. Axis Capital, Emkay Global Financial Services, ICICI Securities, and IIFL Securities were the book-running lead managers. Bigshare Services worked as the registrar for the issue.
Awfis Space Solutions’ details
The company is a co-working space solution provider based in India. It caters its services mostly to individuals, start-ups, SMEs, and some large corporations. The company offers custom office spaces and mobility solutions. It also provides food and beverages, infrastructure services, IT support, and event hosting among other support services.