Discussions » 🇮🇳 Leading Indian operator may aim for IPO in late 2023 (🔗 Visit source)
Mint share that Awfis are mulling a 2023 IPO. This follows Awfis having 150 centres across 17 cities, offering about 90,000 desks at a price range of ₹7,000-20,000 per month.
Fascinating to see their numbers. "Our revenue grew to ₹280 crore in last financial year from ₹220 crore in previous fiscal year. This financial year, we are targeting around ₹600 crore (≈$73.6M) revenue," CEO Amit Ramani said, highlighting that the firm has already achieved a monthly run rate of ₹500 crore in revenue.