- Smartworks Coworking Spaces Limited (NSE: SMARTWORKS, BSE: 544447) will add roughly 2.47 Lakh sq ft of coworking space, expanding its operational footprint beyond the current 10.1 Million sq ft.
- The company’s leased capacity stands at 13.7 Million sq ft, with 82 % of operational space already utilized, indicating capacity headroom.
- The expansion is budgeted at ₹35.00 Crores, to be financed through internal accruals and any issue proceeds, avoiding new external debt.
- Completion is targeted within July 2026, aligning with the filing date of 17 July 2026.
Smartworks announced a modest capacity expansion funded internally, which should be viewed positively by investors. The move is likely to lift the share price modestly in the short term, with limited longer‑term upside.
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