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.
MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows
MSCI’s latest rebalancing is set to drive heightened trading activity in several Indian stocks on Monday, with revised weights taking effect from September 1. The