Smartworks Listed
Enterprise-focused managed campus / flexible workspace operator founded in 2016 by Neetish Sarda and Harsh Binani, offering custom-built, fully managed office campuses for large enterprises, GCCs and growing companies across India and Singapore. Listed on BSE and NSE in July 2025 after an IPO; ranked among India's top revenue-generating proptech firms in 2025.
Valuation
Returns
Per share
Growth · year on year
Ownership
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.
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. |
307.61 | 0/100 | 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. |
11.44 | 0/100 | 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. |
-75.47 | 0/100 | Market data |
| ROCE Return on capital employed — the same idea including debt, so it is harder to flatter with leverage. |
51.65 | 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. |
-31.29 | 0/100 | Market data |
| Sales growth Year-on-year growth in revenue. |
29.10 | 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. |
32.20 | 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. |
Loss widened | 15/100 | Atlas |
| Promoter holding How much of the company its founders and controlling group still own. Higher usually means their money moves with yours. |
58.32 | 100/100 | 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.
Smartworks: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 17 Jul 2025 | IPO | ₹445 Cr fresh issue | source | |
| Jun 2024 ~ | Undisclosed | $20.24 Mn | Ananta Capital Dhawan Family Trust Keppel Ltd Kili Ventures Plutus Capital | source |
| Oct 2019 ~ | Series A | $25 Mn | Keppel Land | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 6 Jul 2026 | Smartworks | WorkStudio | SGD 2.47 Mn (~$1.91M) | source |
News on Smartworks
No coverage of Smartworks linked yet.
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Who founded Smartworks?
Smartworks was founded by Neetish Sarda, Harsh Binani in 2016.
How much funding has Smartworks raised?
Smartworks has raised $96.94 Mn across 3 tracked funding round(s), most recently on 2025-07-17. Figures are compiled from cited public sources.
Who are the investors in Smartworks?
Investors in Smartworks include Ananta Capital, Dhawan Family Trust, Keppel Ltd, Kili Ventures, Plutus Capital, Keppel Land.
What does Smartworks do?
Enterprise-focused managed campus / flexible workspace operator founded in 2016 by Neetish Sarda and Harsh Binani, offering custom-built, fully managed office campuses for large enterprises, GCCs and growing companies across India and Singapore. Listed on BSE and NSE in July 2025 after an IPO; ranked…
Where is Smartworks headquartered?
Smartworks is headquartered in New Delhi, India.
What is Smartworks's business model?
Smartworks's core value proposition centers on Custom-built managed campuses, Design-Build-Manage model.
How does Smartworks make money?
Smartworks's cited revenue streams include Lease rentals, Ancillary services, Design and fit-out services, Software fees.