SMARTWORKSBSESmartworks Coworking Spaces LtdHighPositive
Announced Wed, 27 May · 14:46 IST

Press Release

Business Updates View source PDF

SMARTWORKS · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-3.5%1-day move
₹450.00
prior close
₹453.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.0-0.1+0.1-0.6-3.5-2.4-3.0+0.3+0.4+0.0+4.4+10.4+7.8
Up moveDown movePending
AI summary

Smartworks Coworking Spaces Limited has leased a new campus at Sattva Aura on Bengaluru's Outer Ring Road, spanning approximately 4.92 lakh sq. ft. This is part of the company's strategy to expand large-format managed campuses in key enterprise corridors. The location on the Marathahalli-Sarjapur stretch is a premier Grade-A commercial area popular with technology companies and Global Capability Centres. Smartworks already operates multiple campuses across Bengaluru's commercial districts. The company recently reported FY26 revenues of ₹1,796 crore, up 31% year-on-year, with over ₹5,200 crore in contracted rental revenue. As of March 2026, Smartworks has a total footprint of ~16.1 million sq. ft. across 66 centres in 15 cities in India and Singapore.

Likely market impact

This lease strengthens Smartworks' market position in Bengaluru, a key enterprise hub, and supports its growth trajectory as the largest managed office platform in India. The expansion indicates continued demand for managed office spaces from large enterprises and GCCs.