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Innov8 Workspaces India Limited

Innov8 Workspaces India Limited

Offers Price : ₹58.00

About Innov8 Workspaces India Limited

Innov8, founded in 2015 and acquired by OYO in 2019, is one of India’s leading flexible workspace providers, offering managed and customizable co-working office solutions for startups, SMEs, and large corporates across major metro cities. The company operates over 30 centers in 10 cities including Delhi NCR, Mumbai, Pune, Chennai, Bengaluru, Hyderabad, Ahmedabad, and Indore, with more than 90% occupancy and serving 8,000+ professionals from well-known clients like Swiggy, PhonePe, Jio Saavn, IndusInd Bank, and Tata Digital. In FY 2024–25, Innov8 strengthened its capital base through a ₹106 crore rights issue, followed by a stock split, bonus issue, and a private placement to InCred Wealth, significantly increasing its total outstanding shares. In June 2025, it raised additional funding led by the Raymond Family Office, reaffirming its ₹1,000 crore valuation. The company plans to expand aggressively by doubling its centers to 100 by the end of 2025 and adding 4 million sq ft of office s...

Fundamentals
Innov8 Workspaces India Limited Price58.00 Per Equity Share
Lot Size1000 Shares
52 Week High58 Shares
52 Week Low52 Shares
DepositoryNSDL & CDSL
PAN NumberAACCO9563F
ISIN NumberINE1DBW01022
CINU70100DL2019PLC351211
RTASkyline Fin.Serv
Market Cap (in Cr.)1475.00
P/E Ratio1160.00
P/B Ratio23.97
D/E Ratio0.61
ROE1.89
Book Value2.42
Face Value1.00
Total Shares254343610

Financials (Figures in ₹ Cr)

P&L Statement
Field2022202320242025
da762108420394241
eps-0.191.1937.70.05
npm-0.883.2371.561.01
opm30.0441.3149.7757.72
pat-191193770116
pbt-191191062-316
tax00-2708-432
ebit-1144395832365
ebitda648152326224450
revenue21573687526811445
pbt margins-0.883.2320.16-2.76
ebit margins-5.2911.9111.0720.66
finance cost61766312763072
other income7123441755391
gross margins100100100100
other expenses1300195524164450
change in inventory0000
cost of material consumed0000
employee benefit expenses209209230389

Shareholding Pattern

Events

Name
Private Placement of Innov8 corporate_action Company allotted 1,09,75,610 EQ at ₹41 per share to InCred Wealth via private placement, raising ₹45 crore. (07/01/2025)
Valuation Report of Innov8 others Valuation Report (17/12/2024)

Promoters or Management

NameDesignationExp.
Ritesh MalikCEO15+LinkedIn
Shailesh GuptaCOO15+LinkedIn
Pankhuri SakhujaWhole Time Director12+LinkedIn