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Founded in 2015, Smartworks Coworking Spaces Limited is India�s largest managed office operator, providing customized, tech-enabled workspaces for mid-to-large enterprises by transforming bare-shell properties into fully serviced campuses.
Smartworks announced ~INR 235 Crore in incremental contracted rental revenue from existing enterprise client expansions. This builds on its ~INR 5,400 Crore contracted revenue as of June 30, signaling strong demand and client retention for its managed office platform.
Smartworks expanded its Pune capacity by ~176,285 Sq. Ft to fuel business growth and enlarge its operational footprint. This addition, costing up to INR 28 Cr, is expected to be operational shortly, funded by internal accruals or debt.
Smartworks has added 1,41,124 Sq. Ft. to its capacity in Aerocity, Delhi NCR. This expansion, costing up to INR 25 Cr, aims to support business growth and expand the company's operational footprint, with completion expected shortly.
Smartworks Coworking Spaces Limited has informed the Exchange regarding 'Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015- Shareholders letter dated July 22, 2026'.
Smartworks has expanded its capacity by ~2,47,000 Sq. Ft in Jaipur, investing ~INR 35 Cr. This expansion, funded via internal accruals/issue proceeds, supports business growth and extends the company's operational footprint.