Awfis's profit doubled in Q1 FY25 to Rs 2.78 crore from Rs 1.37 crore in Q4 FY24, thanks to the steady expansion in scale
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The retail segment received bids 55 times the issue size. Awfis priced its IPO in the range of Rs 364-383 per share and raised Rs 268.62 crore from anchor investors on 21 May
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The company's expansion into tier 1 and tier 2 cities, coupled with increasing demand from large enterprises and startups, is expected to drive future growth
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