Awfis Space Solutions IPO Date, Review, Price, Allotment Details

Awfis Space Solutions Limited is planning an IPO worth INR 598.93 crores, consisting of a fresh issue of shares worth INR 128 crores and an offer to sell its existing shares for INR 470.93 crores. The company will utilize the funds for new centers, working capital, and general corporate purposes. 

Awfis Space Solutions IPO Date & Price Band Details

Awfis Space Solutions IPO Fundamental Analysis 

Awfis Space Solutions Limited’s financial analysis reveals a mixed performance. Revenue has significantly increased, reflecting substantial growth. Profitability and earnings per share have improved, debt reliance has decreased, and the company’s financial position and returns on equity have strengthened. 

1. Revenue Trend: The revenue increased from ₹2,570.45 millions in March 2022 to ₹5,452.82 millions in March 2023. The revenue for the current year 9-month ending December 2023 is INR  6,164.99 millions. 
2. Equity and Liabilities: Both equity and total liabilities have shown a consistent increase over the periods, reflecting potential growth and expansion. However, the debt-equity ratio has decreased, indicating reduced reliance on debt financing. 
3. Profitability: The profit after tax (PAT) has increased from ₹(571.56) millions in March 2022 to ₹(189.42) millions by December 2023. This improvement in profitability could be a source of confidence for investors. 
4. Earnings per Share (EPS): The diluted EPS has also increased from ₹(10.68) in March 2022 to ₹(3.05) by December 2023, reflecting higher earnings per share for investors. 
5. Return on Net Worth (RoNW): The RoNW has increased from (60.34)% to (7.66)%, indicating an increase in the company’s ability to generate returns on shareholder equity.
6. Financial Position: Total assets have increased, suggesting potential business growth.