AWFIS Space Solutions Ltd Share Price – NSE  / BSE

Miscellaneous, Small Cap

Awfis Space Solutions (Awfis) has signed service agreement for two floors, spanning approximately 1.65 Lakh sq. ft., to the National Stock Exchange (NSE) at Adani Inspire in Bandra-Kurla Complex (BKC), Mumbai. Awfis will also design, build and manage the space for NSE, reflecting its commitment to provide enhanced customer experience. This partnership demonstrates Awfis' capability to deliver high-quality workspace solutions tailored to clients' business needs and employee well-being.

Located in Mumbai's dynamic business hub, BKC, Adani Inspire is a 10-storey commercial building strategically connected to the Aqua Line of the Underground Metro and the Bandra suburban station. Awfis already operates a coworking centre in the building, and with this new deal, it expands its footprint with additional two centres. The area's robust connectivity and proximity to commercial and social amenities make it a preferred destination for businesses in Mumbai. This deal was facilitated by Rounak Real Estate Consultants, a renowned advisory firm with integrated prime residential, commercial and industrial offering.

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Net profit of AWFIS Space Solutions reported to Rs 38.67 crore in the quarter ended September 2024 as against net loss of Rs 4.35 crore during the previous quarter ended September 2023. Sales rose 40.47% to Rs 292.38 crore in the quarter ended September 2024 as against Rs 208.15 crore during the previous quarter ended September 2023.

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Awfis Space Solution will hold a meeting of the Board of Directors of the Company on 11 November 2024

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Awfis announced the launch of its new centre in Gujarat International Finance Tec-City (GIFT City), Gandhinagar. Awfis is the only flexible space provider in a Grade-A development offering a gamut of services under one brand. This new centre offers 30,221 sq. ft. built-up area in one of India's most prominent financial and technology hubs. With this addition, the company is now offering a total of approx. 83,500 sq. ft. built-up area in Ahmedabad.

This premium facility, Awfis Gold centre is located on the 26th floor in Gift One Tower-GIFT City, Gandhinagar designed to cater to the evolving needs of modern businesses, offering state-of-the-art infrastructure and flexible workspace solutions.

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