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Smartworks Coworking Spaces files IPO papers with Sebi; eyes Rs 550 crore via fresh issue
Smartworks Coworking Spaces Ltd filed papers with Sebi for an IPO to raise funds, including Rs 550 crore worth of fresh equity shares and an Offer For Sale of 67.59 lakh shares by promoters. The company plans to use the funds for new centre fit-outs, loan payments, and corporate purposes. The company focuses on mid-to-large businesses needing over 300 seats.
