Smartworks Coworking Spaces is launching an IPO to raise ₹583 crore, primarily for capital expenditure and debt repayment. While revenue and EBITDA have grown, the company has consistently reported net losses. Its cost-effectiveness and the expanding managed workspace market are potential advantages, but geographic concentration remains a risk. Investors should carefully consider these factors before investing.
Nifty can cross 32K in 2026 bull case scenario: Kotak Securities
In a recent note, domestic brokerage firm Kotak Securities has projected a bull case target of 32,032 for the Nifty 50 index by December 2026,