10th Indian Delegation to Dubai, Gitex & Expand North Star – World’s Largest Startup Investor Connect
RealEstate

Bombay HC Reserves Order On Plea Against WeWork India IPO


SUMMARY

The petitioner contended that the failure to disclose all criminal proceedings against the company’s promoters in RHP compromised investor protection and market transparency

The coworking space provider’s INR 3,000 Cr public issue comprises solely an OFS component of up to 4.62 Cr equity shares

The company’s public issue closed with a 1.15X subscription, and is slated to hit the D-Street on October 10

The Bombay High Court (HC) yesterday reserved its order on a plea, which challenged the upcoming public listing…



Source link

by INC42

SUMMARY Sequentially, profit almost tripled from INR 5.1 Cr in the preceding June quarter Operating revenue for the quarter jumped 38% YoY and 14% QoQ to INR 241.1 Cr Total expenses rose 30% YoY to INR 224 Cr B2B ecommerce company ArisInfra Solutions posted a consolidated net profit of INR 15.3 Cr in Q2 FY26 as against a net loss of INR 2 Cr in the year-ago quarter on the back of strong revenue growth and improvement in margins. Sequentially, profit almost tripled from INR 5.1 Cr in the preceding June quarter. Operating… Source link

by INC42

SUMMARY The coworking space provider reported a net loss of INR 3.1 Cr in the September quarter of 2025, down 80% from INR 15.8 Cr in Q2 FY25 The stock was down 7.9% at INR 551.50 on the BSE at 10:55 IST. The company’s market capitalisation stood at INR 6,311.41 Cr (around $711.5 Mn) About 60% of the company’s demand comes from non-IT sectors like BFSI, consulting, and manufacturing Shares of coworking space provider Smartworks slumped as much as 9.6% to INR 541.35 today, despite the company posting a strong top line… Source link

by INC42

SUMMARY On a sequential basis, loss reduced by 26% from INR 4.2 Cr Operating revenue zoomed over 21% YoY and 12% QoQ to INR 424.8 Cr Total expenses rose 16% YoY to INR 445.5 Cr Coworking space provider Smartworks managed to cut its Q2 FY26 net loss by 80% to INR 3.1 Cr from INR 15.8 Cr in the year-ago period. On a sequential basis, loss reduced by 26% from INR 4.2 Cr. The improvement in the bottom line was a result of strong top line growth and improvement in margins. The company’s operating revenue zoomed over 21% YoY and… Source link