Synopsis: The shares of this company rose 5.21 percent after promoters acquired 70,742 shares from the open market, signaling confidence and encouraging investor interest.
The shares of this company, which operates a “managed campus” model, leasing large spaces (often entire buildings) in premium locations and providing bespoke interior design and facility management services, gained investor traction after the company experienced promoter buying.
With a market capitalization of Rs 4,382 crore, Smartworks Coworking Spaces Ltd’s shares on Wednesday made a day high of Rs 386.10 per share, up by 5.21 percent from its previous day’s close price of Rs 366.95 per share. The company’s share has given a negative return of 13.5 percent over the year.
What’s the news
Smartworks Coworking Spaces Limited has voluntarily informed stock exchanges that promoters Neetish Sarda, Harsh Binani, and SNS Infrarealty LLP purchased shares from the open market between March 20 and March 30, 2026. These acquisitions represent less than 2 percent of total shareholding, below mandatory disclosure thresholds.
As part of good corporate governance, the company chose to share this information to maintain transparency with investors and stakeholders. Neetish Sarda acquired 39,742 shares, Harsh Binani 5,000 shares, and SNS Infrarealty LLP 26,000 shares, reflecting minimal changes in overall promoter holdings.
As of December 2025, the shareholding pattern remained largely stable, with promoter stake steady at 58.18 percent. FII holdings declined from 0.93 percent to 0.33 percent, DIIs slightly reduced to 8.96 percent, while public shareholding rose to 32.53 percent, indicating increased retail participation.
About the Company
Smartworks Coworking Spaces Ltd is India’s largest provider of managed office spaces, focusing on tailored, tech-enabled workspaces for enterprises, MNCs, and high-growth companies. Founded in 2015, the firm transforms large, bare-shell properties into fully serviced, modern office campuses, offering amenities like cafeterias, sports zones, and crèches.
Financial highlights:The revenue from operations grew by 34.1 percent to Rs 472.13 crore in Q3 FY26, corresponding to the same quarter in the last financial year, and the operating margin increased from 62.04 percent to 64.73 percent YoY. Accompanied by a net profit turnaround to Rs 1.24 crore profit in Q3 FY26, from a loss of Rs 16.03 crore in Q3 FY25, resulting in a positive EPS of Rs 0.11 per share.
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