Smartworks Coworking Spaces Share price

Our Company was originally incorporated as “Smart Work Business Centre Private Limited” at Kolkata as a private limited company under the Companies Act 2013 pursuant to a certificate of incorporation dated December 17 2015 issued by the Registrar of Companies West Bengal at Kolkata. Pursuant to a special resolution dated May 16 2016 passed by the Shareholders which was confirmed by an order of the Regional Director (Eastern Region) Ministry of Corporate Affairs dated December 23 2016 the registered office of the Company was shifted from the state of West Bengal to the National Capital Territory of Delhi with effect from December 30 2016 and a certificate of registration of Regional Director order for change of state dated January 17 2017 was issued by the RoC. Consequently pursuant to a special resolution dated October 29 2018 passed by the Shareholders the name of our Company was changed from “Smart Work Business Centre Private Limited” to “Smartworks Coworking Spaces Private Limited” to reflect the nature of business and activities of our Company and a fresh certificate of incorporation dated December 20 2018 was issued by the RoC. Thereafter our Company was converted into a public limited company pursuant to a special resolution dated June 28 2024 passed by the Shareholders and consequently the name of our Company was changed to its present name i.e. “Smartworks Coworking Spaces Limited” and a fresh certificate of incorporation dated July 25 2024 was issued by the RoC.Major Events and Milestones:2016- Incorporation of our Company and commencement of operations2017- Established Pan-India presence across nine Tier-1 cities with 12 Centres2018- Pivoted our business model transitioning from a co-working company to an office experience and managed campus platform by leasing large/ entire properties and working with mid-tolarge Enterprise Clients2019- Crossed ? 1000.00 million in revenue from operations- Our Company raised funding of ? 1772.19 million through issuance of CCPS to Space Solutions India Pte. Ltd. (formerly Lisbrine Pte Limited)2020- Launched ‘SW App’ and ‘IoT solutions’ for contactless processes during COVID-192021- Our revenue from operations in 2021 was approximately ? 3000.00 million from approximately ? 1000.00 million in Fiscal 2019 which was during COVID-192022- Leased our largest center of approximately 0.70 million square feet located in Vaishnavi Tech Park in Bengaluru (Source: CBRE Report)2023- Deutsche Bank A.G. London Branch invested in our Company by way of subscribing to 850000 partly paid-up warrants each of ? 260 of our Company- Opened Centres in four Tier-2 cities namely Jaipur Indore Ahmedabad and Kochi2024- Launched FaaS to provide tailored design and build solutions for customers’ offices with advance payments from Client- Crossed ? 10000.00 million in revenue.- Expanded our business to Singapore by taking two business centres on lease in Singapore pursuant to purchase of certain assets of Keppel Real Estate Services Pte. Ltd.- Raised funding by way of private placements of ?1680.00 million from Space Solutions India Pte. Ltd. (formerly Lisbrine Pte. Limited) Ananta Capital Ventures Fund 1 Plutus Capital and other investors. For further details see “Capital Structure - Equity Share capital history of our Company.”