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Startup Atlas · Commercial Real Estate

Awfis Listed

Awfis Space Solutions Limited New Delhi, Delhi Founded 2015 awfis.com ↗

India's largest flexible workspace/coworking solutions provider, founded by Amit Ramani in 2015. Offers coworking desks, managed offices, meeting rooms, day passes, virtual offices and design-and-build services to freelancers, startups, SMEs and large enterprises. Went public on NSE/BSE in May 2024 as India's first listed coworking company.

Amit Ramani · Founder, Chairman & MD
$168.54 MnTotal funding (tracked)
8Funding rounds
22 May 2024Last round
Publicly listed · NSE:AWFIS
₹278.10 +3.79% BSE, as of 24 Aug 26 | 16:00

Valuation

P/E17.09
P/E · TTM27.94
P/B3.51

Returns

ROE38.92%
ROCE52.80%

Per share

EPS16.28
Book value79.01

Growth · year on year

Sales+42.07%
Profit+463.30%

Ownership

Promoter holding17.00%

Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.

79/100
Strong Atlas Score — computed from 9 published figures
How this score is calculated
Measure Value Scores Source
P/E
What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall.
Computed on a different basis this reads 27.94, which would score 50/100. Scored on the figure shown.
17.09 75/100 BSE
P/B
Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons.
3.51 50/100 Market data
ROE
Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business.
38.92 100/100 Market data
ROCE
Return on capital employed — the same idea including debt, so it is harder to flatter with leverage.
52.80 100/100 Market data
Profit growth
Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do.
463.30 100/100 Market data
Sales growth
Year-on-year growth in revenue.
42.07 100/100 Market data
Revenue growth · filed
Year-on-year revenue growth computed from the fiscal-year figures we filed ourselves and cited to a real disclosure, not a market data feed.
42.30 100/100 Atlas
Profit trend · filed
Whether profit is improving, from the same filed figures. A swing from loss to profit scores highest; a swing from profit into loss scores lowest; a narrowing loss still scores better than a widening one.
Swung to profit 100/100 Atlas
Promoter holding
How much of the company its founders and controlling group still own. Higher usually means their money moves with yours.
17.00 25/100 Market data

The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.

View Awfis's live share price on Google Finance ↗

Awfis: Funding Rounds

Date Round Amount Investors Source
22 May 2024 IPO $71.9 Mn source
Dec 2022 ~ Series E1 $1.83 Mn Bisque Limited Link Investment source
Jun 2022 ~ Series E $8.33 Mn Ashish Kacholia Bisque Limited Link Investment source
Mar 2021 ~ Debt $5.48 Mn source
6 Aug 2019 Series D $30 Mn ChrysCapital Sequoia Capital India The Three Sisters: Institutional Office (TTS:IO) source
25 Jul 2018 Series C $20 Mn InnoVen Capital Sequoia Capital The Three Sisters: Institutional Office (TTS:IO) source
26 Apr 2017 Series B $20 Mn Sequoia Capital India source
Apr 2015 ~ Seed $11 Mn The Three Sisters: Institutional Office (TTS:IO) source

Recent Signals

  • 9 Sep 2024 · ma-strategic
    Awfis divests facility-management arm Awfis Care to SMS Integrated Facility Services for ₹27.5 Cr source

News on Awfis

No coverage of Awfis linked yet.

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FAQs on Awfis

Who founded Awfis?

Awfis was founded by Amit Ramani in 2015.

How much funding has Awfis raised?

Awfis has raised $168.54 Mn across 8 tracked funding round(s), most recently on 2024-05-22. Figures are compiled from cited public sources.

Who are the investors in Awfis?

Investors in Awfis include Bisque Limited, Link Investment, Ashish Kacholia.

What does Awfis do?

India's largest flexible workspace/coworking solutions provider, founded by Amit Ramani in 2015. Offers coworking desks, managed offices, meeting rooms, day passes, virtual offices and design-and-build services to freelancers, startups, SMEs and large enterprises. Went public on NSE/BSE in May 2024 as India's first listed coworking…

Where is Awfis headquartered?

Awfis is headquartered in New Delhi, Delhi, India.

What is Awfis's business model?

Awfis's core value proposition centers on Scalable, flexible workspace on demand, End-to-end suite beyond coworking.

How does Awfis make money?

Awfis's cited revenue streams include Flex Space Solutions: Coworking & Enterprise, Coworking revenue growth (Q4 FY25).

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the "source" links beside each entry. Profile sources: www.awfis.com www.bseindia.com · Last verified 24 Aug 2026. · Report a correction