Comparison between Innovision IPO and Smartworks Coworking Spaces IPO.
Innovision IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while Smartworks Coworking Spaces IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.
The total issue size of Innovision IPO is up to ₹319.25 Cr whereas the issue size of the Smartworks Coworking Spaces IPO is up to ₹582.56 Cr. The final issue price of Innovision IPO is ₹519.00 per share and of Smartworks Coworking Spaces IPO is ₹407.00 per share.
| Innovision IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹494.00 per share | ₹387.00 per share |
| Issue Price (Upper) | ₹519.00 per share | ₹407.00 per share |
| Issue Price (Final) | ₹519.00 per share | ₹407.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ₹37.00 per share | |
| Market Lot Size | 27 shares | 36 shares |
| Fresh Issue Size | 49,13,294 shares | 1,09,41,734 shares |
| Fresh Issue Size (Amount) | up to ₹255.00 Cr | up to ₹445.08 Cr |
| OFS Issue Size | 12,38,000 shares | 33,79,740 shares |
| OFS Issue Size (Amount) | up to ₹64.25 Cr | up to ₹137.48 Cr |
| Issue Size Total | 61,51,294 shares | 1,43,21,474 shares |
| Issue Size Total (Amount) | up to ₹319.25 Cr | up to ₹582.56 Cr |
Innovision IPO opens on Mar 10, 2026, while Smartworks Coworking Spaces IPO opens on Jul 10, 2025. The closing date of Innovision IPO and Smartworks Coworking Spaces IPO is Mar 17, 2026, and Jul 14, 2025, respectively.
| Innovision IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| Anchor Bid Date | Jul 09, 2025 | |
| Issue Open | Mar 10, 2026 | Jul 10, 2025 |
| Issue Close | Mar 17, 2026 | Jul 14, 2025 |
| Basis Of Allotment (Tentative) | Mar 18, 2026 | Jul 15, 2025 |
| Initiation of Refunds (Tentative) | Mar 20, 2026 | Jul 16, 2025 |
| Credit of Share (Tentative) | Mar 20, 2026 | Jul 16, 2025 |
| Listing date (Tentative) | Mar 23, 2026 | Jul 17, 2025 |
| Anchor Lockin End date 1 | Aug 13, 2025 | |
| Anchor Lockin End date 2 | Oct 12, 2025 |
Innovision IPO P/E ratio is 33.8, as compared to Smartworks Coworking Spaces IPO P/E ratio of .
| Innovision IPO | Smartworks Coworking Spaces IPO | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financials | Company Financials (Restated Consolidated)
| Company Financials (Restated Consolidated)Smartworks Coworking Spaces Ltd.'s revenue increased by 27% and profit after tax (PAT) dropped by 26% between the financial year ending with March 31, 2025 and March 31, 2024.
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| Promoter Shareholding (Pre-Issue) | 100 | 65.19 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 74.17 | 58.25 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 33.8 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹1235.91 Cr. | ₹4644.82 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 35.45% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 40.77% | 42.30% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.97 | 2.90 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹15.36 | ₹-6.12 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 35.45% | -58.76% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the Innovision IPO Retail Individual Investors (RII) are offered 39,98,342 shares while in Smartworks Coworking Spaces IPO retail investors are offered 39,98,342 shares. Qualified Institutional Buyers (QIB) are offered 61,512 shares in Innovision IPO and 28,44,252 shares in Smartworks Coworking Spaces IPO.
| Innovision IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | 42,66,378 shares |
| Market Maker Reservation | 0 shares | 0 shares |
| QIB | 61,512 shares | 28,44,252 shares |
| NII | 20,91,440 shares | 21,33,190 shares |
| RII | 39,98,342 shares | 49,77,443 shares |
| Employee | 0 shares | 1,01,351 shares |
| Others | ||
| Total | 61,51,294 shares | 1,43,22,614 shares |
Innovision IPO subscribed 3.46x in total, whereas Smartworks Coworking Spaces IPO subscribed 13.92x.
| Innovision IPO | Smartworks Coworking Spaces IPO | |
|---|---|---|
| QIB (times) | 14.30x | 24.92x |
| NII (times) | 8.60x | 23.68x |
| Big NII (times) | 10.29x | 28.21x |
| Small NII (times) | 5.22x | 14.62x |
| RII (times) | 0.60x | 3.69x |
| Employee (times) | 2.51x | |
| Other (times) | ||
| Total (times) | 3.46x | 13.92x |
