As per SEBI circular no SEBI/HO/CFD/DIL2/CIR/P/2019/76 dated 28 June 28 2019 all are requested to comply with the provisions of the aforementioned circular which states as below: Intermediaries shall retain physical application forms submitted by retail individual investors with UPI as a payment mechanism, for a period of six months and thereafter forward the same to the issuer/ Registrar to Issue. However in case of Electronic forms printouts of such applications need not be retained or sent to the issuer. Intermediaries shall at all times maintain the electronic records relating to such forms for a minimum period of three years
| Symbol | SMARTWORKS |
| Issue Period | 10-Jul-2025 to 14-Jul-2025 |
| Cut-off time for UPI Mandate Confirmation | 14-Jul-2025 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability to participate in IPOs by successfully accepting the mandate. |
| Issue Size | "Initial Public offer comprising Offer for Sale up to 33,79,740 Equity Shares and Fresh Issue aggregating up to Rs. 4,450 Million" |
| Issue Type | 100% Book Building |
| Price Range | Rs. 387/- to Rs. 407/- per Equity Share |
| Discount | Rs. 37 per equity share to eligible employees |
| Face Value | Rs.10 per Equity Share |
| Tick Size | Re.1 |
| Bid Lot | 36 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 36 Equity Shares |
| Maximum Subscription Amount for Retail Investor | "Rs. 2,00,000" |
| Maximum Subscription Amount for Eligible Employee | "Rs. 5,00,000" |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Book Running Lead Managers | "JM Financial Limited, BOB Capital Markets Limited, IIFL Capital Services Limited" |
| Sponsor Bank | Kotak Mahindra Bank Limited and HDFC Bank Limited |
| Categories | "FI, IC, MF, FII, OTH, CO, IND,NOH and EMP" |
| Sub-Categories applicable for UPI | IND and EMP (upto 5 Lakhs) |
| Name of the Registrar | MUFG Intime India Private Limited |
| Address of the Registrar | "C-101, 247 Park 1st Floor, LBS Marg, Vikhroli (West) Mumbai 400 083 Maharashtra, India" |
| Contact person name number and Email id | "Shanti Gopalkrishnan +91 81 0811 4949, smartwork.ipo@in.mpms.mufg.com" |
| e-form link | e-Forms |
| Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form | SCSB List |
| Ratios / Basis of Issue Price |  download |
| Red Herring Prospectus | download |
| Bidding Centers | download |
| Sample Application Forms | download |
| Security Parameters (Pre Anchor) | download |
| Processing of ASBA Applications | NSE Circular on ASBA Application Processing |
| Remark | "The dedicated window provided for bid modification (modification of selected fields viz. DP ID/Client ID or Pan ID, Bank code and Location code) on T+1 day (T being last day of bidding) shall not be available now. The bid modification of selected fields shall be allowed during bidding period of IPO only." |
