The office rental market has seen hectic activity over the past few years and more so after the return-to-office mandates of companies. Co-working spaces have seen strong traction as a result of this heightened demand for flexible office space requirements from established companies, captives and start-ups. Some estimates peg the total addressable market for flexible workspaces to be ₹73,000-96,000 crore by CY2027.

Many companies operating in the office space leasing segment have listed over the past year or so.

After Awfis Space Solutions in May last year, Smartworks Coworking Spaces and Indiqube Spaces in recent months, the largest (by revenue and EBITDA) player in the segment, WeWork India Management has come out with an initial public offering (IPO) of shares.

The issue is available

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