Awfis Space Solutions, a prominent participant in the co-working space industry, has secured Rs 268.61 crore from anchor investors.
With the help of 19 domestic mutual funds, Awifs raised Rs 144 crore. Goldman Sachs, EastBridge Capital Master Fund, HDFC Mutual Fund (MF), ICICI Prudential MF, Axis MF, UTI MF, Aditya Birla Sun Life Insurance Company, and SBI General Insurance Company are among the participants in the anchor round.
Read also – 8chili Secures Investment From Karna D Shinde
To collect up to Rs 598.93 crore, Awfis Space Solutions will begin its initial public offering on Wednesday. Qualified institutional bidders (QIBs) will receive 75% of the issue size in the public offering, non-institutional investors will receive 15%, and retail investors will receive the remaining 10%.
About Awfis
Funded in 2015 by Amit Ramani, Awfis offers a variety of flexible workspace options, from personalised office spaces for businesses to individual flexible desk requirements.
Want to go deeper into the world of startups and entrepreneurship? Check out these categories on VIESTORIES:
Startup Success Stories: Discover inspiring tales of startups overcoming challenges and achieving success.
Funding Startup News: Stay updated with the latest news and trends in startup funding and investment.
Startup Insights: Dive into in-depth analyses of various industries and market trends to make informed business decisions.
