Announced Fri, 17 Jul · 20:10 IST
Smartworks adds 2.47 lakh sq ft coworking capacity in Jaipur
Capex & Operations View source PDF
SMARTWORKS · price
▲ 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
+9.9%1-day move
₹455.00
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+9.9+7.8+5.5+5.8+6.6—————
Up moveDown movePending
AI summary
Smartworks is adding around 2.47 lakh sq ft of new coworking capacity in Jaipur with an investment of about INR 35 crore, to be funded through internal accruals or issue proceeds. Addition expected within July 2026. Existing leased capacity stands at 13.7 million sq ft with 82 percent utilization on 10.1 million sq ft operational, indicating tight capacity and room to grow. Move aimed at supporting business growth and expanding operational footprint.
Likely market impact
Expansion at high 82 percent utilization signals demand strength. INR 35 cr capex funded internally is mildly positive for stock.