Smartworks Coworking Spaces

About the Company

Smartworks helps deliver customised workspace solutions designed to meet the specific needs of Corporates by providing modern coworking and managed office spaces, focused on creating dynamic, tech-enabled work environments for businesses of all sizes, especially mid-to-large enterprises. With a presence across major Indian cities, Smartworks transforms large, empty properties into fully equipped office campuses featuring amenities like cafeterias, gyms, crèches, medical rooms, and advanced tech infrastructure.

Strengths

• Ability to lease and develop large, amenity-rich campuses.
• Focus on high-ticket enterprise clients and growing mid-to-large businesses.
• Strong execution driven by cost efficiency, processes, and tech infrastructure.
• Capital efficiency through sound financial and strategic execution.
• Risk mitigation ensures a financially stable business model.
• Committed, experienced leadership and management team.

Risks

• High rental revenue concentration in key metro markets.
• Lease renewals and terms subject to landlord discretion.
• Client acquisition challenges may impact rental obligations.
• Pending ongoing legal proceedings can impact business operations.
• The company does not own its centres, and any title defects or legal non-compliance by landlords may affect operations and financials.