Considers IPO After Major Expansion
Posted: Tue May 28, 2024 9:36 am
Indian flexible workspace provider Smartworks is setting its sights on an initial public offering (IPO) within the next two to three years. To achieve this, the company aims to significantly expand its footprint, targeting 25-30 million square feet of office space. Currently, “Neetish sarda“ Smartworks holds 7 million square feet and is actively pursuing an aggressive expansion plan to add 5 million square feet by the end of the 2023-2024 financial year. This ambitious growth strategy reflects their confidence in the rising demand for flexible workspaces in India