Smartworks Coworking Spaces rises on completing acquisition of Workstudio Spaces
Smartworks Coworking Spaces is currently trading at Rs. 476.00, up by 5.15 points or 1.09% from its previous closing of Rs. 470.85 on the BSE.
The scrip opened at Rs. 478.60 and has touched a high and low of Rs. 483.00 and Rs. 470.05 respectively. So far 200 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 618.30 on 04-Nov-2025 and a 52 week low of Rs. 361.45 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 511.45 and Rs. 469.65 respectively. The current market cap of the company is Rs. 5380.03 crore.
The promoters holding in the company stood at 58.32%, while Institutions and Non-Institutions held 9.21% and 32.46% respectively.
Smartworks Coworking Spaces has completed its acquisition of Workstudio Spaces, a Singapore-based coworking and flexible workspace provider, through its wholly owned subsidiary, Smartworks Space. The completion of the acquisition further strengthens Smartworks’ presence in Singapore’s enterprise workspace market and expands its managed office portfolio in one of Asia’s leading business hubs.
With the addition of Workstudio, Smartworks’ Singapore portfolio has expanded to four operational centres, increasing its footprint to around 76,000 sq. ft. with a seating capacity of over 1,500. The acquisition also brings over 45 clients across diverse industry sectors into the company’s Singapore portfolio.
