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![ipo_mantra Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::737186694559113216.png) R.K. [@ipo_mantra](/creator/twitter/ipo_mantra) on x 386.9K followers
Created: 2025-07-14 07:43:28 UTC

Smartworks Coworking Spaces Main Board IPO Update

Smartworks IPO subscription has crossed 370%. 

With 10M+ sq. ft leased, blue-chip clients, and EBITDA-positive performance for X years, Smartworks is showing scale and execution. 

Also, there are losses on paper because Indian Accounting Standard XXX front-loads lease costs in the early years. Over the full term of a lease, there’ll be profit. So it’s an accounting effect, not real cash losses.

IPO is closing TODAY.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944664025310314919/c:line.svg)

**Related Topics**
[accounting](/topic/accounting)
[losses](/topic/losses)
[bluechip](/topic/bluechip)
[10m](/topic/10m)
[subscription](/topic/subscription)
[ipo](/topic/ipo)

[Post Link](https://x.com/ipo_mantra/status/1944664025310314919)